Shares of Barnes & Noble (NYSE:BKS) climbed in Wednesday’s pre-market session, after the bookseller reported it swung to a higher-than-expected fiscal Q3 profit, with sales matching analysts’ estimates. In addition, Chief Executive Michael P. Huseby said the company is “actively engaged in discussions with several world-class hardware partners related to device development as well as…
LinkedIn (NYSE:LNKD) is higher this morning after RBC upgraded the shares to Outperform from Sector Perform and set a price target of $250 per share, up from $225 per share. JPMorgan analysts have downgraded their coverage of industrial manufacturer Dynamic Materials Corporation (NASDAQ:BOOM) to a Neutral rating from Overweight. The firm also lowered its price…
Analysts at RBC Capital have downgraded independent energy company Halcon Resources Corp. (NYSE:HK) to a Sector Perform rating from Outperform. The firm slashed its price target on the stock by one-third to $4 from $6 a share. In the pre-market session, shares of HK have slid 2.68% to $4 amid a 52-week range of $3.16…
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…
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%…
Lowe’s (NYSE:LOW) reported Q4 earnings of $0.29, including $0.02 per share in charges, up from $0.26 per share in the year ago quarter. Sales were up 5.6% to $11.66 billion. The analyst consensus on Capital IQ called for earnings of $0.31 per share, excluding items, on sales of $11.67 billion. The company also approved a…
Tech Analysis & Market News