Category: business

business

BioTech, business, Finance, news

Magna International (NYSE:MGA) Stock Reaches All Time High; Pacific Ethanol (NASDAQ:PEIX) Surges

Magna International (NYSE:MGA) shares reached their all-time high Monday after the company reported improved Q4 financial results and said it expects fiscal 2014 revenue about in line with estimates. Near midday, Magna International (NYSE:MGA) shares are up 2.5% at $91.32, and earlier hit a record high of $92.42. The automotive supplier reported Q4 earnings of $2.03 per share, compared with the prior-year period’s $1.49 per share. … Continue reading Magna International (NYSE:MGA) Stock Reaches All Time High; Pacific Ethanol (NASDAQ:PEIX) Surges

Colin Pettis
FB Nasdaq FB Facebook
BioTech, business, Earnings, Energy, Finance

Stocks in the News Friday: USO; UNG; DRQ; PMC

Energy shares were flat in pre-market trade Friday while crude oil futures were trading lower. Light, sweet crude oil for April delivery was down 0.11% at $102.29 per barrel.  In other energy futures, heating oil was down 0.13% at $3.00 per gallon while natural gas was up 0.20% at $4.52 per million British thermal units.  In energy ETFs, the United States Oil Fund (NYSEARCA:USO) was … Continue reading Stocks in the News Friday: USO; UNG; DRQ; PMC

Kevin Long
Gilead Sciences GILD NASDAQ:GILD
BioTech, business, Earnings, Finance, Financial

Investor Alert: BroadSoft, Inc. (NASDAQ:BSFT) and Endo Health Solutions, Inc. (NASDAQ:ENDP)

BroadSoft, Inc. (NASDAQ:BSFT) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in BSFT indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price … Continue reading Investor Alert: BroadSoft, Inc. (NASDAQ:BSFT) and Endo Health Solutions, Inc. (NASDAQ:ENDP)

Jason Knox
Analysis, BioTech, business, Earnings, Finance

Notable Analyst Actions: MWE, ECA, STT, WPC, RTN

Markwest Energy Partners LP (NYSE:MWE) has been downgraded by analysts at Wells Fargo to a Market Perform rating form Outperform. The firm lowered its price target range on the stock to $66-$70 from $70-$74. In the pre-market session, shares of MWE are down 1.12% to $66.50, and move within a 52-week range of $54.60 – $75.79. North American energy producer Encana Corporation (NYSE:ECA, ECA.TO) says … Continue reading Notable Analyst Actions: MWE, ECA, STT, WPC, RTN

Colin Pettis
BioTech, business, Earnings, Energy, Finance

Afternoon Investor Alert: IRM, POM, IG

Records management services provider Iron Mountain Incorporated (NYSE:IRM) reports Q4 2013 adjusted EPS of $0.15 on revenues of $769 million. Analysts had expected adjusted EPS of $0.22 and revenues of $775 million, according to Capital IQ. Year-ago adjusted EPS was $0.20 on revenues of $758 million. For 2014, the company reiterated its adjusted EPS and revenue targets. It said adjusted EPS should be in the … Continue reading Afternoon Investor Alert: IRM, POM, IG

Mark DeFrance
BioTech, business, Earnings, Energy, Finance

Financials in the News: TD, FIG, UNGS, WPX

Financial shares were lower in pre-market session Thursday ahead of durable goods orders data, which is expected to show a slowdown. In financial stocks news, Toronto-Dominion (NYSE:TD, TD.TO) was up about 4% pre-market after it reported adjusted Q1 earnings per share were C$1.06, compared with C$1.00 a year prior. The Street expected earnings of C$1.05 per share, according to Capital IQ estimates. The bank reported … Continue reading Financials in the News: TD, FIG, UNGS, WPX

Mark Doerr