Shares of Veeco Instruments Inc. (NASDAQ:VECO) rallied on Monday after analysts at Canaccord Genuity boosted their rating on the stock to “buy” from “sell”, citing that LED market has bottomed out and stock offers attractive valuation.
Continue reading Major Movers on March 25; VECO, APOL, KWK, BBRY, JASO, IDIX, RHT, FB, VHS
Shares of VeriFone Systems Inc. (NYSE: PAY) gained on Tuesday after the card payment machine maker said that its CEO Douglas Bergeron will step down from his position. Bergeron, who served as the CEO for VeriFone for last 12 years, will be replaced by current chairman Richard McGinn on an interim basis. The Company said that it has formed a committee to find Bergeron’s successor.
Continue reading Major Movers on March 12; PAY, URBN, YUM, COST, AAPL, RHT
Shares of software solution provider, Red Hat Inc (NYSE: RHT) gained 5.5 percent in premarket trading on Friday after the company, following closing bell on Thursday, reported better-than-expected adjusted earnings (non-GAAP) for the third quarter even as revenue beat Street’s estimate.
The following were the major gainers and losers in trading on Tuesday, September 25, 2012.
Continue reading Major Gainers and Losers on September 25; MTN, NEOG, KEG, RHT, FDS