Amazon (NASDAQ:AMZN) stock rose 1.2% on Friday on a report saying the online reis investigating giving its Prime subscription customers free music as it does with movies and television shows. Tech news site Recode reports industry sources say the online retailer is engaged in serious talks with big music labels as the company considers rolling…
Shares of Ampio Pharmaceuticals (NYSEMKT:AMPE) fell in Friday’s pre-market session, after the biopharmaceutical company priced a public offering of 8.5 million shares at $7 per share, a 12% discount to the stock’s Thursday closing price. The shares were off 6.2% at $7.45 in recent pre-market trading. They have a 52-week range of $3.75 to $10.86….
Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax…
Shares of J.C. Penney Company, Inc. (NYSE:JCP) have soared almost 27% in pre-market trade to $7.55 after the company reported Q4 results during yesterday’s after-hours session that topped analyst expectations. JCP reported earnings per share losses of $0.68 for the quarter, compared to analyst forecasts of losses of $0.76 per share. The retailer also reported…
Huntington Ingalls Industries (NYSE:HII) reported Q4 earnings that were well ahead of analysts’ estimates. The ship- and submarine builder said its adjusted diluted earnings rose nearly 28% to $1.66, exceeding the $1.22 average estimate from analysts polled by Capital IQ, if comparable. On a non-adjusted basis, diluted net earnings rose to $91 million from $50…
Specialty foundry company Tower Semiconductor Ltd. (NASDAQ:TSEM) reports non-GAAP diluted EPS of $0.34 for Q4 2013, up sequentially from $0.22 in Q3 2013. Two analysts surveyed by Capital IQ called for non-GAAP diluted EPS of $0.29. Revenue was down 2% from Q3 2013 to $134.6 million, falling short of the $140 million Capital IQ consensus….
