Shares of Accenture Plc (NYSE: ACN) plunged 10.30% on Friday. Although the enterprise IT consulting firm reported on Thursday that fiscal third quarter income rose 18%, aided by higher revenue from financial, health and public segments, revenue fell short of company’s own initial projections. In addition, the Company also provided downbeat guidance. Continue reading Major Movers on June 28; ACN, MCP, BBRY, FINL, RENN
Tag: MCP
Major Movers on May 10; PCLN, MT, GPS, MCP, UBNT
Shares of Priceline.com Inc. (NASDAQ: PCLN) gained about 3.70% by afternoon trade. The online travel reservation company, late on Thursday reported that fiscal first quarter net income rose 36%, thanks to 42.8% growth in international bookings. Adjusted earnings as well as revenue edged past analysts’ expectation.
Continue reading Major Movers on May 10; PCLN, MT, GPS, MCP, UBNT
Molycorp’s Q1 Loss Widens but Revenue and Adjusted Earnings Topped Estimates (MCP)
Shares of Molycorp Inc. (NYSE: MCP) skyrocketed on Friday after the rare-earth metals mining company, late last evening reported less-than-feared adjusted loss for the fiscal first quarter while revenue also showed strong growth.
Continue reading Molycorp’s Q1 Loss Widens but Revenue and Adjusted Earnings Topped Estimates (MCP)
Major Movers on March 15; BAC, GRPN, MCP, KKD, ARO
Shares of Bank of America Corp. (NYSE: BAC) gained on Friday after the bank said that the Federal Reserve agreed on its proposed capital actions. The bank said that it would now repurchase about $5 billion worth of its common stock and buyback around $5.5 billion worth preferred stock.
Continue reading Major Movers on March 15; BAC, GRPN, MCP, KKD, ARO
MolyCorp Swings into Loss in Q4, To Slash Jobs (MCP)
Molycorp Inc (NYSE: MCP), world’s biggest rare-earth metal mining company outside China, reported wider-than-expected fiscal fourth-quarter losses late on Thursday as the bottom line was hurt by lower prices of rare earth metals, dip in production, increase in costs and a huge goodwill impairment charge linked to the acquisition of rare earth processer Neo Material Technologies back in 2012.
Continue reading MolyCorp Swings into Loss in Q4, To Slash Jobs (MCP)
Major Movers on January 2; POL, ABT, ASNA, SGYP, FB, AAPL, BAC, MIDD, MCP, ZIP, CAR, EBS, AEO
PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products.
Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY
Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.
Continue reading Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY
Major Gainers and Losers on August 28; LXK, PPO, MCP, NOK, PVH, QIHU
Shares of Lexmark International Inc. (NYSE: LXK), a developer, manufacturer and supplier of printing, imaging, document workflow and content management solutions for the office, saw a huge rally in trading today.
Continue reading Major Gainers and Losers on August 28; LXK, PPO, MCP, NOK, PVH, QIHU
Major Gainers and Losers on August 17; Ann Inc. (ANN), Molycorp Inc. (MCP), Express Inc. (EXPR), Foot Locker Inc.(FL), Groupon Inc. (GRPN), NII Holdings Inc. (NIHD), Hibbett Sports Inc., (HIBB)
Shares of Ann Inc. (NYSE: ANN), a specialty retailer of women’s apparel, shoes and accessories, surged on Friday after the company reported its second-quarter financial results.