Major Movers on May 1; DWA, HUM, PCS, TRLA, REGN, RATE

Shares of DreamWorks Animation Skg Inc. (NASDAQ:DWA) gained about 6.85% by afternoon trade after the studio following the closing bell on Tuesday surprised the street by posting fiscal first quarter profit and handed revenue which comfortably edged past consensus estimate. For the recently concluded quarter, DreamWorks reported net income of $5.6 million or 7 cents a share against profit of $9.1 million or 11 cents a share, in the year-earlier quarter. Revenue for the period came at $135 million compared to $136.1 million, in the same period of last fiscal. Analysts were expecting a loss of 3 cents a share on revenue of $99 million.

Continue reading Major Movers on May 1; DWA, HUM, PCS, TRLA, REGN, RATE

Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ

Shares of healthcare service providers rallied on Tuesday after the government announced new rates which showed that companies running Medicare Advantage plans will get considerable more money than originally expected. Shares of Dow Component, United Health Group (NYSE: UNH) climbed about 5% by afternoon trade while Humana Inc. (NYSE: HUM), Cigna Corporation (NYSE: CI), Aetna Inc. (NYSE: AET), WellPoint Inc (NYSE: WLP) also jumped.

Continue reading Major Movers on April 2; UNH, HUM, CI, AET, WLP, GRPN, SCVL, URBN, HTZ

Major Movers on February 19; ODP, OMX, SPLS, HUM, SPWR, GIS

Shares of office supplies companies Office Depot Inc. (NYSE: ODP), OfficeMax Incorporated (NYSE: OMX) and Staples Inc. (NASDAQ: SPLS) are seeing a huge rally in trading today after the Wall Street Journal reported that OMX and ODP are close to merging.

Continue reading Major Movers on February 19; ODP, OMX, SPLS, HUM, SPWR, GIS

Humana Reports Q3 Results; Raises Outlook (HUM)

Healthcare insurer, Humana Inc. (NYSE: HUM) on Monday reported a drop in fiscal third-quarter earnings as insurance claims increased sharply during the period; however, the company upwardly revised its outlook on fiscal 2012 earnings even as it agreed to acquire Metropolitan Health Networks in deal valued at $850 million.

Continue reading Humana Reports Q3 Results; Raises Outlook (HUM)