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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
news

After Hours Declines: Mindray Medical International (NYSE:MR), DXP Enterprises Inc. (NASDAQ:DXPE), Artisan Partners Asset Management Inc. (NYSE:APAM)

Mindray Medical International (NYSE:MR) is lower in after hours trading after the company reported financial results for Q4 that beat the single analyst estimate on Capital IQ and provided guidance for fiscal 2014. Shares are down 1.19% at $34.80, with a 52-week range of $33.88 – $43.81. The developer, manufacturer and marketer of medical devices reported Q4 earnings of $0.62 per share, ex one-time items, … Continue reading After Hours Declines: Mindray Medical International (NYSE:MR), DXP Enterprises Inc. (NASDAQ:DXPE), Artisan Partners Asset Management Inc. (NYSE:APAM)

Jayne Crisman
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
news

Stillwater Mining Company (NYSE:SWC) Jumps 3% in Early Trade

Stillwater Mining Company (NYSE:SWC) was higher nearly 3% in early trade after lifting its guidance for 2014, even as it swung to a Q4 loss on an impairment charge. The producer of palladium, platinum and other metals reported a Q4 loss of $0.65 per share compared to a profit of $0.13 the year earlier and, if comparable, missed the $0.06 average profit expected by analysts … Continue reading Stillwater Mining Company (NYSE:SWC) Jumps 3% in Early Trade

Jayne Crisman
news

Stocks Down Slightly: BMS, SLGN, UL; Gold Futures Up: ANV, AU, GFI, SBGL, ABX

Bemis Co. (NYSE:BMS) said it will close its plant in Stow, Ohio, which is one of its Pressure Sensitive Materials manufacturing facilities, resulting in the loss of about 115 jobs. The company said it will take a pretax charge of about $30 million in 2014 related to the closure, which includes costs related to the settlement of a multi-employer pension liability, employee severance and benefit … Continue reading Stocks Down Slightly: BMS, SLGN, UL; Gold Futures Up: ANV, AU, GFI, SBGL, ABX

Richard Atkins