Texas Industries (TXI) shares edged up Thursday, after the supplier of construction materials late Wednesday reported a narrower-than-expected adjusted loss for its fiscal Q3 on revenue that topped the Street view. For the quarter ended Feb. 28, the company posted a net loss of $21.8 million, or $0.76 per share, compared with a year-earlier net…
Congress jumped into the health care game (again) by “complaining” that Gilead Sciences, Inc. (NASDAQ:GILD)’s hepatitis drug was priced too high. Gilead Sciences, Inc. (NASDAQ:GILD) stock performance was 3.92% in last session and finished the day at $73.64. Traded volume was 19.50million shares in the last session and the average volume of the stock remained…
ARM Holdings reported strong third-quarter earnings and gave investors a solid, but not spectacular, fourth-quarter outlook that was relatively in line with our expectations. We will maintain our moat rating for ARM but may raise our fair value estimate by about 10%. Nonetheless, we still believe the company’s stock price reflects overly optimistic assumptions about…
BlackBerry (BBRY, BB.TO) reported a Q4 adjusted loss of $0.08 per share, better than expectations of a loss of $0.54 per share, if comparable. Revenue was $976 million, down 64% from $2.7 billion in the year ago quarter, and below the analyst consensus of $1.2 billion on Capital IQ. During Q4, the company recognized hardware…
Shares of HomeAway (NASDAQ:AWAY) are dipping in after-hours trade as the online vacation rental company said it intends to offer $350 million aggregate principal amount of convertible senior notes due 2019 in a private placement to qualified institutional buyers, as well as expects to grant the initial purchasers of the notes a 30-day option to…
SciQuest (NASDAQ:SQI) said it is starting an underwritten public offering of 3,000,000 shares of common stock pursuant to an effective shelf registration statement. The last reported sale price of the company’s common stock on March 21, 2014 was $30.41 per share. The company also intends to grant the underwriters an option to purchase up to…
