Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

As the first bell-whether company to report, Alcoa Inc (NYSE:AA) said Q1 came in at a loss of $(0.16)/share.  Excluding $276 million in special charges (from smelter and rolling mill capacity reductions), operating earnings for the metals and mining company were $0.09 (versus the street at $0.05). The delta versus analyst estimates came from strong performance in the alumina segment; primary metals also came in better … Continue reading Alcoa Inc (NYSE:AA) Posts Strong First Quarter Results

WB Nasdaq WB Weibo Corp

SINA’s Weibo to IPO Between $17-$19 a Share

Whispers on the Street put microblogging site Weibo’s IPO price at $17-$19 a share. Known as the Chinese version of Twitter, China-based Weibo is a subsidiary of SINA Corp. (SINA). Weibo has approximately 129 million monthly active users (MAUs), an overwhelming majority of them on mobile MAUs. The company’s revenues increased significantly from $65.9 million in 2012 to $188.3 million in 2013, according to Zacks. … Continue reading SINA’s Weibo to IPO Between $17-$19 a Share

Biotech Runners: MannKind Corporation (NASDAQ:MNKD), Gilead Sciences (NASDAQ:GILD), Ariad Pharmaceuticals (NASDAQ:ARIA), CytRx Corporation (NASDAQ:CYTR)

MannKind Corporation (NASDAQ:MNKD) had its price objective reduced by Cowen and Company from $5.50 to $5.00 in a report released on Wednesday,Stock Ratings News reports. Analysts at Piper Jaffray downgraded shares of MannKind Corporation (NASDAQ:MNKD) from a neutral rating to an underweight rating in a research note on Monday. MannKind Corporation (NASDAQ:MNKD) stock performance was -0.86% in last session and finished the day at $6.93. … Continue reading Biotech Runners: MannKind Corporation (NASDAQ:MNKD), Gilead Sciences (NASDAQ:GILD), Ariad Pharmaceuticals (NASDAQ:ARIA), CytRx Corporation (NASDAQ:CYTR)

Triplepoint Capital Ventures

TriplePoint Venture Growth BDC Declares Initial Dividend

TriplePoint Venture Growth BDC (TPVG), a closed-end, non-diversified management investment company, said late Thursday that its board of directors has authorized and declared an initial dividend of $0.09 per share for the period from the pricing of the company’s initial public offering on March 5, 2014, through March 31, 2014. The dividend reflects a quarterly dividend rate of $0.30 per share, prorated for the 27 … Continue reading TriplePoint Venture Growth BDC Declares Initial Dividend

UniPixel Up 3% After Settling Litigation

UniPixel (UNXL), a production-stage company that provides performance engineered film to the display, touch screen and flexible electronics markets, is higher after the company and Conductive Inkjet Technology Limited said they have agreed to settle their on-going litigation in the U.S. and the U.K. Shares are up 2.52% at $8.14, with a 52-week range of $7.56 – $41.42. Conductive Inkjet Technology said it will withdraw … Continue reading UniPixel Up 3% After Settling Litigation

Investor’s Alert: Sony Corporation (NYSE:SNE), Marvell Technology (NASDAQ:MRVL), Broadcom Corporation (NASDAQ:BRCM), Advanced Micro Devices (NYSE:AMD)

PlayStation 4 creator Sony Corporation (ADR) (NYSE:SNE) is expected to tease its rendition of virtual reality technology during a Tuesday presentation called “Driving the Future of Innovation at Sony Computer Entertainment.” Sony Corporation (ADR) (NYSE:SNE) stock performance was -0.77% in last session and finished the day at $19.29. Traded volume was 1.44million shares in the last session and the average volume of the stock remained … Continue reading Investor’s Alert: Sony Corporation (NYSE:SNE), Marvell Technology (NASDAQ:MRVL), Broadcom Corporation (NASDAQ:BRCM), Advanced Micro Devices (NYSE:AMD)