Shares of the Cooper Companies Inc. (NYSE: COO) gained about 5% by afternoon trade. Higher revenue and stronger margins, helped in driving up the fiscal third quarter income by 37%. Although revenue fell short of estimation, non-GAAP earnings topped expectation. The Company boosted its full-year earnings outlook but slashed the upper end of the full-year revenue guidance.
Continue reading Major Movers on June 7; COO, YUM, ZQK, THO, MTN, GPS
Shares of Fast food chain, Yum! Brands Inc. (NYSE: YUM) gained on Friday after equity research analysts at UBS AG upgraded the stock to “buy” from “neutral”.
Shares of SolarCity Corp. (NASDAQ: SCTY) soared about 30% by afternoon trade. Shares of The San Mateo, California-based Company, which made its IPO back in December, have jumped almost four times so far. The Company is slated to report its quarterly results after the closing bell but investors are already excited about its future projects. Lately, the Company announced completion of two projects in Sacramento. The Company also said that installations of solar panels on about 6,500 homes in Marine and Navy bases in Hawaii are under way.
Continue reading Major Movers on May 13; SCTY, CSIQ, PERI, THRX, PCYC, CITZ, YUM
Shares of Whirlpool Corp. (NYSE: WHR) fell about 4.30% in early trade after the home appliances maker reported fiscal first quarter results which showed revenue falling short of Wall Street’s consensus estimate; however, earnings topped expectations, thanks to higher prices and cost slashing measures that helped boosting the bottom line.
Continue reading Major Movers on April 24; WHR, YUM, BRCM, T, AMGN, DV
Yum! Brands Inc. (NYSE: YUM) said that its profit in the fiscal first quarter fell 26% as its top line was adversely impacted due to declining sales in China.
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
Yum Brands Inc. (NYSE: YUM) Director Robert Walters last week bought 35,000 shares of YUM common stock at an average price of $61.94 per share.
Continue reading Yum Brands Director Buys 35,000 Shares (YUM)
Shares of Yum! Brands Inc. (NYSE: YUM) slumped 4.58 percent, at last check. The parent company of brands such as KFC, Pizza Hut and Taco Bell said that its sales in China will fall more than expected. The Company said that same-store-sales in KFC stores will decline as the government reviewed country’s poultry supply. Meanwhile, Wall Street firms have slashed their rating on the stock. Jefferies cut its price target on stock by $2 to $$68, Susquehanna downwardly revised its price target to $65 from $69, and UBS slashed its Price target to $69 from $73 while S&P Capital lowered its price target by $1 to $78.
Continue reading Major Movers on January 8; YUM, MON, TLLP, FIO, GME, PERI, TISI
Shares of Yum! Brands Inc. (NYSE: YUM), a quick service restaurant company, are sinking in trading today. At last check, YUM shares were trading 9.27% lower at $67.57 on above average volume of 13.86 million. The stock fell to an intra-day low of $66.98 in trading today.
Continue reading Major Losers in Trading on November 30; YUM, MDRX, VRSN, ZUMZ
Shares of FedEx Corp. (NYSE: FDX), a provider of portfolio of transportation, e-commerce and business services under the FedEx brand, rose sharply in trading today. At last check, FDX shares were trading 5.27% higher at $90.09 on above average volume of 8.12 million. The stock hit an intra-day high of $90.93 in trading today.
Continue reading Major Gainers and Losers on October 10; FDX, CVX, YUM, AMZN, WMT, YELP