Shares of Stewart Enterprises Inc. (NASDAQ: STEI) rallied 33% by afternoon trade after its bigger peer Service Corporation International (NYSE: SCI) announced on Wednesday that it has agreed to buy the smaller funeral services provider in deal valued at $1.4 billion. Service Corp said that the acquisition will enable the funeral service provider to increase its presence in funeral and cemetery industry of North America, which is very much fragmented at the moment. Continue reading Major Movers on May 29; STEI, SFD, AEGR, TFM, WTSL
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Major Gainers and Losers on November 28; GMCR, TFM, GPOR, JOSB
Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), a leader in specialty coffee and coffee makers, are seeing a huge rally in trading today. At last check, GMCR shares were trading 25.77% higher at $36.43 on above average volume of 21.67 million. The stock hit an intra-day high of $35.65 in trading today.
Continue reading Major Gainers and Losers on November 28; GMCR, TFM, GPOR, JOSB
Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ
Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.
Continue reading Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ
Fresh Market Shares Surge on Q1 Results (TFM)
Shares of Fresh Market Inc. (NASDAQ: TFM), a specialty retailer focusing on perishable product categories, are soaring today after the Greensboro, North Carolina-based company reported better-than-expected first-quarter profit. The company also raised its fiscal 2012 earnings forecast following the strong first-quarter financial results.
Continue reading Fresh Market Shares Surge on Q1 Results (TFM)