Yahoo Inc. (NASDAQ:YHOO) shares are up between $38.40 and a high of $39.79 in early Monday pre-market trade after China-based Alibaba said it will hold its Initial Public Offering (IPO) in the U.S. The e-commerce company is reportedly in talks with about six banks to underwrite the IPO. The listing could bring in about $15…
BioSpecifics Technologies Corp. (NASDAQ:BSTC) released its earnings data on Thursday. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.17 by $0.08, Stock Ratings Network.com reports. BioSpecifics Technologies Corp. (NASDAQ:BSTC) stock performance was 1.56% in last session and finished the day at $26.72. Traded volume was 32,149.00 shares in…
On Wednesday, Wedbush downgraded Lowe’s Companies (NYSE:LOW) to Neutral from Outperform. The firm downgraded the stock because it believes a slowing housing market may pressure the company’s results more than expected. Wedbush has reduced the price target to $50 from $60. Read more of the analyst’s thoughts below: We lower our rating on NYSE:LOW from OUTPERFORM…
Shares of RadioShack Corp. (NYSE:RSH) saw unusually large options trading activity on Tuesday. Stock investors acquired 10,471 put options on the company, AmericanBankingNews.com reports. RadioShack Corporation (NYSE:RSH) stock performance was -17.28% in last session and finished the day at $2.25. Traded volume was 20,373,956 million shares in the last session and the average volume of…
The American Depositary Receipts of AstraZeneca plc (NYSE:AZN) slipped nearly 2% in Monday’s pre-market session after the drugmaker reported that the U.S. FDA approved its Bydureon Pen (2 mg) despite a boxed warning regarding the risk of thyroid C-cell tumors in the use of Bydureon. The Bydureon Pen is an injectable suspension used as a…
Last night, inContact (SAAS) delivered 3Q results that matched consensus estimates for total revenue, software revenue and GAAP EPS. Interestingly, customer utilization rebounded nicely from the prior quarter and bookings growth of 35% came in stronger than expected driven by solid field sales execution and accelerating partner activity. All in all, the 3Q earnings report…
