DTE`s 1Q Earnings Surge on Colder Weather and Lower Benefit Costs

We will be maintaining our $55 fair value estimate and stable narrow moat trend for DTE Energy DTE after the company announced first-quarter earnings that were driven higher primarily by much colder weather for both the gas and the electric utilities. During the quarter, DTE earned $1.34 per share versus $0.91 per share for the…

Read More

NASDAQ Losers: Gogo Inc (NASDAQ:GOGO), Galena Biopharma Inc (NASDAQ:GALE), Idera Pharmaceuticals (NASDAQ:IDRA), Peregrine Pharmaceuticals (NASDAQ:PPHM)

Gogo Inc (NASDAQ:GOGO) was the recipient of a large growth in short interest in January. As of March 31st, there was short interest totalling 10,866,166 shares, a growth of 22.4% from the March 14th total of 8,875,654 shares. Gogo Inc (NASDAQ:GOGO) stock performance was -7.70% in last session and finished the day at $16.79. Traded volume…

Read More

Morning Buzz : CSX Corp. (NYSE:CSX), AbbVie Inc. (NYSE:ABBV), ePlus inc. (NASDAQ:PLUS), Boston Beer Co. Inc. (NYSE:SAM), Anadarko Petroleum Corporation (NYSE:APC)

CSX Corp. (NYSE:CSX) Chief Executive Michael Ward said on Wednesday that railroad industry mergers could exacerbate congestion and traffic problems, not alleviate them. Mr. Ward wouldn’t directly address Canadian Pacific Railway Ltd.’s proposed merger with CSX during his company’s third-quarter earnings conference call with analysts. CSX Corp. (NYSE:CSX) belongs to Services sector. Its net profit…

Read More
FB Nasdaq FB Facebook

Tech New Lows: Sungy Mobile Ltd (NASDAQ:GOMO), PC Tel Inc (NASDAQ:PCTI), Majesco Entertainment Co. (NASDAQ:COOL), Voltari Corp (NASDAQ:VLTC)

Sungy Mobile Ltd. (NASDAQ:GOMO) said it has announced its unaudited financial results for the first quarter ended March 31, 2014. Revenues from mobile application products and services increased by 103.2 percent to RMB48.7m (USD7.8m) from RMB24.0m in the prior year period. Net income increased by 23.7 percent to RMB14.2m (USD2.3m) from RMB11.5m in the prior…

Read More

Tech Movers: Facebook Inc. (NASDAQ:FB), Yahoo! Inc. (NASDAQ:YHOO), Nokia Corporation (NYSE:NOK), BlackBerry Ltd. (NASDAQ:BBRY)

The Internet has had a strong reaction to Facebook Inc. (NASDAQ: FB) announcing on Tuesday that it will purchase Oculus VR for $2 billion. Some have wondered what would happen to the sex simulator that was created for Oculus Rift. While some think Facebook Inc. (NASDAQ: FB) buying Oculus would hinder the, well, reality of…

Read More

Tech News

Tech Analysis & Market News

Skip to content ↓