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Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Tesla (NASDAQ:TSLA) is posting gains in early pre-market trade Wednesday, gaining momentum in the wake of reports the company is in talks with Panasonic about investing nearly $1 billion in a battery factory in the U.S. Panasonic said it was considering various options to strengthen its ties with Tesla, according to multiple media reports citing the Japanese newspaper Nikkei. In Other Pre-Market News Offshore drilling … Continue reading Panasonic Talks Boost Tesla (NASDAQ:TSLA) Pre-Market

Pre-Market Movers: Copart Inc, Baker Hughes, Athlon Energy, LightInTheBox

Copart, Inc. (NASDAQ:CPRT), provider of online auctions and vehicle remarketing services, reported late on Tuesday Q2 2014 net income of $45.3 million, or $0.35 per diluted share. If comparable, it would have been 2 cents shy of the Capital IQ consensus. Year-ago net income was $39.6 million, or $0.31 per diluted share. Revenue increased 7.6% year over year to $286.4 million. On average, analysts surveyed … Continue reading Pre-Market Movers: Copart Inc, Baker Hughes, Athlon Energy, LightInTheBox

After Market Movers: ANIK, SLRC, PEGA, ZAGG

Shares of Anika Therapeutics, Inc. (NASDAQ:ANIK) are up 17.3%, positioning for a new 52-week high of $40.99 if the gains should hold into Wednesday. The stock just came off an evening-session halt after the company said it received FDA marketing approval for MONOVISC, a single injection supplement to synovial fluid of the osteoarthritic joint, used to treat pain and improve joint mobility in patients suffering … Continue reading After Market Movers: ANIK, SLRC, PEGA, ZAGG

Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4

Fifth & Pacific Companies (NYSE:FNP), which designs and markets premium brands Juicy Couture and Kate Spade, reported its fiscal Q4 net income tripled as net sales climbed. For the quarter ended Dec. 28, Q4 net income rose to $185.2 million, or $1.48 per share, up from $57 million, or $0.47 per share, a year earlier. Excluding one-time items and discontinued operations such as the Lucky … Continue reading Fifth & Pacific Companies (NYSE:FNP) Sees Sales Soar in Q4

After-Hours Market Movers – PERY, CHMT, EOG

Perry Ellis International, Inc. (NASADQ:PERY) in Monday after-hours reports fiscal 2014 preliminary Q4 results for the quarter ended February 1 2014. PERY expects adjusted EPS to be in the range of $0.02-$0.05 while revenues are expected to decline 16% to approximately $216 million compared to revenues of $258 million last year. Analysts polled by Capital IQ are expecting EPS of $0.71 on revenues of $272.4 … Continue reading After-Hours Market Movers – PERY, CHMT, EOG

Afternoon Movers – Paragon Shipping (NASDQ:PRGN), U.S. Steel (NYSE:X), Monster Worldwide (NYSE:MWW), Hibbett Sports (NASDAQ:HIBB), Visteon (NYSE:VC)

Paragon Shipping (NASDAQ:PRGN) firms after Jefferies & Co. initiates coverage with a buy rating a $12 price target. Jefferies said the outlook for dry bulk shipping is attractive, and Paragon has an attractive valuation. In afternoon trading, PRGN was up 3.05% to $6.67, at a 36% discount to Jefferies’ estimated net asset value (NAV). Shares in US Steel (NYSE:X) fell on Monday by 2.3% after … Continue reading Afternoon Movers – Paragon Shipping (NASDQ:PRGN), U.S. Steel (NYSE:X), Monster Worldwide (NYSE:MWW), Hibbett Sports (NASDAQ:HIBB), Visteon (NYSE:VC)