Market Movers

Equities End Mixed as Amazon Dents Nasdaq, Blue-Chip Earnings Bolsters Dow

Equities End Mixed as Amazon Dents Nasdaq, Blue-Chip Earnings Bolsters Dow

Equities were mixed on Friday, with the tech-heavy Nasdaq Composite dented by Amazon.com, Inc. (NASDAQ:AMZN) declines while the Dow Jones Industrial Average was bolstered by earnings among its components. Amazon.com, Inc.(AMZN) recorded price-target cuts from Morgan Stanley, Oppenheimer and Wedbush Securities Friday after guiding for first-quarter sales below Wall Street’s […]

Futures Lurch Higher After Bullish Labor Market Report

Futures Lurch Higher After Bullish Labor Market Report

Fueled by a bullish labor market report, stock futures on Wall Street lunged higher Friday and trimmed earlier gains to set Dow and S&P futures back in the green leading into Friday’s open. The Nasdaq remains negative, weighed down by Amazon (AMZN). The US economy created 304,000 new jobs in […]

News Corporation (NYSE:NWSA) Future Outlook in the Market

News Corporation (NYSE:NWSA) Future Outlook in the Market

According to News Corporation (NYSE:NWSA)’s figures, the company is enjoying a 4% rise in its revenues and a 21% jump in EBITA for the first quarter in 2015. Also, the adjusted earnings are at $0.09 per share, a great leap forward from $0.03 per share in the last year quarter. […]

JPMorgan Chase & Co (NYSE:JPM) post 3rd quarter earnings report

JPMorgan Chase & Co (NYSE:JPM) post 3rd quarter earnings report

JPMorgan Chase & Co (NYSE:JPM) is on track for profitability again, but it didn’t earn as much as it was expected to earn. JPMorgan Chase & Co (NYSE:JPM), United States largest bank, revealed in its third quarter results that it has made a profit of 5.6 billion dollars. The profit […]

Keurig Announces Agreement with Kraft

Keurig Announces Agreement with Kraft

Last Friday, Keurig announced a licensing, manufacturing, and distribution agreement with Kraft to make the Maxwell House, Gevalia, Yuban, and McCafe brands available as licensed single-serve portion packs for use in the Keurig brewing system. As part of the multiyear agreement, both Kraft and Keurig will manufacture the single-serve pods […]

El Pollo Loco Signs Development Agreement 20 Texas Locations

El Pollo Loco Signs Development Agreement 20 Texas Locations

As expected, El Pollo Loco signed a development agreement for 20 new franchised locations in Houston and San Antonio with AA Pollo, Inc., an entity owned by Anil Yadav who currently owns and operates over 260 restaurants under three different brands across several states. The agreement calls for the development […]

Globant’s Second Quarter Results Exceed Street Expectations

Globant’s Second Quarter Results Exceed Street Expectations

Globant reported fiscal second-quarter results that exceeded our and Street expectations. Revenue increased 14.6% sequentially, to $49.4 million, beating our $48.8 million estimate and the Street consensus of $49.0 million. Upside in the quarter was driven by continued growth at the company’s top 10 customers, and management believes the growth […]

Hot Stocks – Orbit International Corp, Endologix, Kips Bay Medical, Advent Software

Hot Stocks – Orbit International Corp, Endologix, Kips Bay Medical, Advent Software

Orbit International Corp. (NASDAQ:ORBT) has announced that its Power Group, through its Behlman Electronics, Inc. subsidiary has received new follow-on orders totaling in excess of $1 million. Orbit International Corp. (NASDAQ:ORBT) shares are currently trading at $3.45 by falling -3.36%. Endologix, Inc. (NASDAQ:ELGX) has announced the United States launch of […]

Hot Stocks – General Dynamics Corporation, Proto Labs, Quantum Fuel Systems Tech Worldwide, Amira Nature Foods

Hot Stocks – General Dynamics Corporation, Proto Labs, Quantum Fuel Systems Tech Worldwide, Amira Nature Foods

General Dynamics Corporation (NYSE:GD)’s board authorizes share repurchases; co yesterday authorized management to repurchase up to 20 million shares of its issued and outstanding common stock on the open market. General Dynamics Corporation (NYSE:GD) shares in current session are trading at $103.67 by increasing 2.42%. Proto Labs Inc (NYSE:PRLB) names […]

Stocks To Watch – Agenus Inc (NASDAQ:AGEN), The Coca-Cola Company (NYSE:KO), The Boeing Company (NYSE:BA)

Stocks To Watch – Agenus Inc (NASDAQ:AGEN), The Coca-Cola Company (NYSE:KO), The Boeing Company (NYSE:BA)

Agenus Inc (NASDAQ:AGEN) prices public offering of 19.34 million shares of common stock at $2.70 per share. Agenus Inc (NASDAQ:AGEN) announced the pricing of an underwritten public offering of 19,335,653 primary shares of its common stock at a price of $2.70 per share. William Blair & Company, L.L.C. is acting […]