Shares of Netflix Inc. (NASDAQ: NFLX), a Los Gatos, California-based company providing Internet subscription service streaming television shows and movies, saw a huge rally in trading on Thursday after the company reported its fourth-quarter financial results.
Continue reading Major Movers on January 24; NFLX, AAPL, BPOP, DBD, INVN
Shares of EnergySolutions Inc. (NYSE: ES) surged 8.28% to $3.72 after the company announced that it agreed to be acquired by a subsidiary of Energy Capital Partners II, LLC in a deal estimated at $1.1 billion. According to the deal, each shareholder of EnergySolutions will get $3.75 in cash for each share of common stock. The deal represents a premium of 20 percent over the average closing price of Energysolution’s stock in previous 30 days ended January 4 2013.
Illumina Inc. (NASDAQ: ILMN) shares plunged 7.66 percent after Roche Holding Chairman Franz Humer confirmed in an interview that the Company does not hold any plans to acquire the gene-sequencing-specialist.
Shares of movie steaming company Netflix Inc. (NASDAQ: NFLX) climbed nearly 1.5 percent after the company announced a licensing agreement with Warner Bros. Television Group.
CombiMatrix Corporation (NASDAQ: CBMX) rallied on Monday. The stock gained almost 15 percent after the developer of cancer diagnostics and testing services for developmental disorders said that it anticipates higher-than-expected year-over-year growth in volume in prenatal testing for the fiscal fourth quarter and full year.
Shares of VIVUS Inc. (NASDAQ: VVUS) climbed 10.50 percent on Monday after the company reported that prescription of anti-obesity drug Qsymia, its key product, jumped almost 68 percent for a four week period ended December 21, compared to preceding four week period. The number of prescriptions in the latest period comfortably beat analysts’ expectations. The drug manufacturer said that it shipped 12,978 prescription of Qsymia in December up from 7,749 prescriptions in the four week period, ended November 23.
Amazon.com Inc. (NASDAQ: AMZN) shares gained around 3.30 percent after Morgan Stanley upwardly revised its rating on the stock to “overweight” from “neutral”.
Newcastle Investment Corp. (NYSE: NCT) shares leaped almost 5.50 percent on Monday. Newcastle Investment said that it intends to make a public offering of 40 million shares of common stock. The company also said that it plans to offer underwriters the option for 30 days to buy up to an additional 6 million shares of common stock.
Baidu.com Inc. (ADR) (NASDAQ:BIDU) shares fell almost 3 percent after analyst at Barclays slashed its rating on the stock t to” Equalweight”, citing concerns over earnings , lack of footprint in mobile computing, and Qihoo’s (QIHU) search success. Barclays which started its coverage on Baidu from October 2011 with “outperform” rating, cuts its price target last August.
Shares of Nationstar Mortgage Holdings Inc. (NYSE: NSM) jumped 11.50 percent after it entered in a deal to buy $215 billion worth residential mortgage servicing rights from Bank of America (NYSE: BAC).
Shares of social gaming company Zynga Inc. (NASDAQ: ZNGA) gained on Monday after the company confirmed that it has shuttered 11 of the 13 worst performing titles. Earlier in October 2012, the Company had said that it will pull-out underperforming13 titles by the end of January 2013 as it looked to slash costs and enhance efficiency as well as profitability by diverting resources in developing new titles. The Company has lost significant number of gamers for its once popular titles published in the Facebook platform due to growing competition from other gaming companies as well as lack of visibility in mobile.
World’s biggest video-streaming service provider, Netflix Inc. (NASDAQ: NFLX) said on Monday that it has restored its services after a technical glitch in Amazon.com Inc.’s (NASDAQ: AMZN) web storage and computing system blocked many of its customers from accessing movies and television shows.
Continue reading Netflix Streaming Service is Restored (NFLX, AMZN)
Shares of Lifevantage Corporation (NASDAQ: LFVN) continued to slump on Friday. After plunging 16 percent in the previous session, shares were losing another 4 percent on Friday. The company announced that it will be recalling and replacing bottles of its Protandim (the Nrf2 Synergizer, dietary supplement) from all affected independent distributors and others customers. The Company said tit was taking this decision as it feels that final product contained small metal fragments.
Continue reading Major Movers on December 7; LFVN, SWHC, AMRN, QRE, NFLX, ACRX, HWD
Billionaire investor Carl Icahn has acquired 10% stake in Netflix Inc. (NASDAQ: NFLX), according to a regulatory filing made on Wednesday.
Continue reading Carl Icahn Acquires Stake in Netflix (NFLX)
Shares of Spectrum Brands Holdings Inc. (NYSE: SPB), a consumer products company engaged in the manufacturing and marketing of alkaline, zinc carbon and hearing aid batteries, herbicides, insecticides and repellants and specialty pet supplies, are soaring in trading today.
Continue reading Major Gainers and Losers on October 9; SPB, SWK, EW, QCOR, OC, AA, NFLX
Video streaming company, Netflix Inc. (NASDAQ: NFLX) announced on Monday that its subscriber base in the U.K. and Ireland touched the one million mark since it made debut in the Europe back in January even as the company continues to grapple with slow growth rate in the U.S. market due to stiffer competition.
Continue reading Netflix’s Subscriber Base in U.K. and Ireland Reaches One Million Mark (NFLX)
Shares of Netflix Inc. (NASDAQ: NFLX), an Internet subscription service streaming television shows and movies, tumbled on Tuesday after the company gave a disappointing forecast for subscribers to its U.S. streaming business. But, Whitney Tilson of T2 Partners saw the sell-off as a great opportunity to buy more NFLX shares.
Continue reading Whitney Tilson’s T2 Partners Adds to its Netflix Holdings (NFLX)