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Google (NASDAQ:GOOG) to Establish New Class of Capital Stock; RTI Surgical (NASDAQ:RTIX), GenMark Diagnostics (NASDAQ:GNMK)

According to theflyonthewall.com Google (NASDAQ:GOOG) is establishing a new class of capital stock and is paying a dividend of one share of this new class of capital stock for each outstanding share of Class A and Class B common stock. Both Google Class A and Google Class C will be included in the S&P 500 and S&P 100 and there will not be a switch from … Continue reading Google (NASDAQ:GOOG) to Establish New Class of Capital Stock; RTI Surgical (NASDAQ:RTIX), GenMark Diagnostics (NASDAQ:GNMK)

John Meady
news

Copa Holdings S.A. Cl A (NYSE:CPA) Downgraded by Citi

Copa Holdings S.A. Cl A (NYSE:CPA) trades down 9% Thursday after Citi downgraded the Panama-based cargo and passenger airline to Neutral from Buy. Citi analysts cut their price target on shares of  Copa (NYSE:CPA)  to $148 from $170. Below are the highlights outlined by the analyst at Citi: Venezuela’s decision to sever diplomatic and commercial ties with Panama is part of a stunning turn of … Continue reading Copa Holdings S.A. Cl A (NYSE:CPA) Downgraded by Citi

Colin Pettis
news

Investor Alerts: PFSweb (NASDAQ:PFSW), TCP Capital (NASDAQ:TCPC), Warren Resources (NASDAQ:WRES), WuXi Pharmatech Cayman Inc. (NYSE:WX)

PFSweb (NASDAQ:PFSW) is higher after the company on Thursday reported better-than-expected financial results for Q4. Shares are up 3.18% at $9.09 in late-morning Thursday trade, near its 52-week high of $9.60. The eCommerce firm reported Q4 non-GAAP earnings of $0.06 per share, compared with the prior-year period’s $0.07 per share. The Capital IQ consensus estimate was for $0.02 per share. PFSweb (NASDAQ:PFSW)’s GAAP loss for … Continue reading Investor Alerts: PFSweb (NASDAQ:PFSW), TCP Capital (NASDAQ:TCPC), Warren Resources (NASDAQ:WRES), WuXi Pharmatech Cayman Inc. (NYSE:WX)

Chris Lewis
news

Google (NASDAQ:GOOG) Invests In Auction.com, Faces New Smart TV Competition

Google (NASDAQ:GOOG) moves higher Wednesday as the market digests mixed news for the search giant, first that it took a stake in an online real estate auction firm, but also that its Chromecast stick now faces competition from Roku’s affordable Streaming Stick. In its first real estate venture, Google Capital will pay $50 million for a minority stake in Auction.com LLC. This online real estate … Continue reading Google (NASDAQ:GOOG) Invests In Auction.com, Faces New Smart TV Competition

John Meady
news

Media Stocks Market Chatter: DigitalGlobe Inc. (NYSE:DGI), Overstock.com, Inc. (NASDAQ:OSTK), Linkedin (NYSE:LKND)

Shares of DigitalGlobe Inc. (NYSE:DGI) are nearly 5% higher Tuesday after Raymond James analysts said the remote sensing company will announce a major contract with a non-government organization (NGO). Details on the size of the deal or name of the NGO were not released. Executives of the digital-imaging company are currently presenting at the Raymond James 35th Annual Institutional Investor Conference. They will also appear … Continue reading Media Stocks Market Chatter: DigitalGlobe Inc. (NYSE:DGI), Overstock.com, Inc. (NASDAQ:OSTK), Linkedin (NYSE:LKND)

John Meady