Major Movers on May 21; CCL, MDT, TIVO, SKS, URBN

Shares of Carnival Corporation (NYSE: CCL) fell about 4.30% by afternoon trade after the cruise company late on Monday downwardly revised its full-year outlook. Higher costs, current pricing strategy has resulted in more-than-expected dip in revenue yields, the Company said. Besides, higher-than-expected number of voyage cancellations is also expected to weigh on the top line. Carnival Corp now expects earnings of $1.45 to $1.65 a share down from its initial guidance of $1.80 to $2.10 a share. Revenue yields are expected to drop between 2% and 3% compared to original forecast of flat revenue yields.

Continue reading Major Movers on May 21; CCL, MDT, TIVO, SKS, URBN

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 March 12; PAY, URBN, YUM, COST, AAPL, RHT

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

Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN

Urban Outfitters Inc. (NASDAQ: URBN) shares rallied on Tuesday, gaining nearly 7 percent after specialty retailer in its regulatory filing said that its same-store-sales in the fourth quarter so far were up in the high-single-digit percentage—which was above analysts’ consensual estimate.

Continue reading Major Movers on December 11; URBN, PERY, DG, BIG, TNS, TRIP, SOMX, PTX, WBMD, TXN