Category: news

news

BioTech, Finance, news

Pharma in Focus: CLIR, CGEN, GALE

ClearSign Combustion Corporation (NASDAQ:CLIR) said it agreed to sell $6.5 million of its common stock to certain institutional investors at $8.00 each, a 9% discount to Thursday’s closing price. The company will sell 812,500 shares and will use the net proceeds for research and development, protection of intellectual property, business development and marketing, and for working capital. The company designs technology to improve the efficiency … Continue reading Pharma in Focus: CLIR, CGEN, GALE

John Meady
Gilead Sciences GILD NASDAQ:GILD
Earnings, Finance, Financial, news

Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)

American Depositary Receipts of Trina Solar Limited (NYSE: TSL) are up 0.1% in the pre-market session, as the solar-power products manufacturer reports a new EPC contract with Fresh Fruits Company, a food storage and logistics company in Amman, Jordan. TSL has been awarded the contract that calls for engineering, procurement, and construction services for a 2 MW rooftop solar power plant on Fresh Fruits’ stores … Continue reading Market Movers Roundup: Trina Solar Limited (NYSE: TSL), Deere & Company (NYSE: DE), Tower Semiconductor Ltd. (NASDAQ:TSEM), Kohl’s (NYSE: KSS)

Chris Lewis
Analysis, Financial, news

Stocks on Watch: Pall Corp (NYSE:PLL), Medivation, Inc. (NASDAQ:MDVN)

Pall Corp. (NYSE: PLL) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in PLL indicates that the price change in the extended hours is likely to be of limited value in forecasting additional price … Continue reading Stocks on Watch: Pall Corp (NYSE:PLL), Medivation, Inc. (NASDAQ:MDVN)

Mark DeFrance
news

Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013

Astec Industries (NASDAQ:ASTE) delivered a surprisingly solid quarter, after having missed the last six out of seven quarters. Shares were range-bound in the $30s through all of 2013 because of choppy quarters and end-markets. While we believe that uncertainty persists, particularly in mining and government highway funding, wood pellet plants could become an incremental driver of profitability to the base business. The company’s earnings beat … Continue reading Astec Industries, Inc. (NASDAQ:ASTE) Has Strong Domestic Backlog Exiting 2013

Adam Keintzel
BioTech, business, Finance, Financial, misc, news

Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

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 million. Sales in the quarter meanwhile rose 6.2% to $1.94 … Continue reading Earnings Watch: HII, WEN, RBS, IRM, KBR, NRG

John Meady
news

Strayer (NASDAQ:STRA) Showing Signs of Life After Blowout Quarter

Fourth-quarter and anticipated future results for demand, retention, pricing, and expenses came in well above very low expectations for Strayer Eductation (NASDAQ:STRA), which should lead to significant upward moves in consensus forward earnings estimates. When combined with very weak sentiment following four years of virtually uninterrupted bad news and an associated 91% decline in peak-to-trough market capitalization, the stock reacted accordingly, finishing trading Friday up … Continue reading Strayer (NASDAQ:STRA) Showing Signs of Life After Blowout Quarter

Colin Pettis