Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Urban Outfitters Inc. (NASDAQ: URBN) shares rallied on Tuesday, gaining nearly 7 percent after specialty retailer in its regulatory filing said that its same-store-sales in the fourth quarter so far were up in the high-single-digit percentage—which was above analysts’ consensual estimate.

Continue reading Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Big Lots Reports Lighter-Than-Expected Q3 Loss (BIG)

Closeout retailer Big Lots Inc (NYSE: BIG) swung into losses in the fiscal third-quarter as decline in margins along with flagging sales hurt company’s top line and bottom line; however, shares  climbed nearly 7.5% in premarket trading as losses were lighter-than-expected.

Continue reading Big Lots Reports Lighter-Than-Expected Q3 Loss (BIG)