Mentor Graphics (NASDAQ:MENT) is steady after hours Thursday after it edges out the Street view with Q4 earnings and provides mixed guidance. The company reports non-GAAP income of $107 million or $0.92 per share compared to $67 million or $0.58 per share a year earlier. The company reports Q4 revenues of $401 million, up from…
Inventure Foods (NASDAQ:SNAK) rose to record highs Thursday after the company reported better-than-expected financial results for Q4. Shares are up 8.84% at $13.79 late in the session, and earlier reached $14 – an all time high. The marketer and manufacturer of specialty snack food brands reported Q4 earnings of $0.14 per share, ex one-time items,…
Technology stocks still were adding to their day-long advance, with shares of technology companies in the S&P 500 gaining 0.7% Thursday. In company news, Tessera Technologies (NASDAQ:TSRA) is up more than 8% this afternoon after the maker of miniaturization technologies said it will receive $196 million after reaching a settlement with Powertech Technology Co. Ltd….
Shares of J.C. Penney Company, Inc. (NYSE:JCP) have soared almost 27% in pre-market trade to $7.55 after the company reported Q4 results during yesterday’s after-hours session that topped analyst expectations. JCP reported earnings per share losses of $0.68 for the quarter, compared to analyst forecasts of losses of $0.76 per share. The retailer also reported…
Financial shares were lower in pre-market session Thursday ahead of durable goods orders data, which is expected to show a slowdown. In financial stocks news, Toronto-Dominion (NYSE:TD, TD.TO) was up about 4% pre-market after it reported adjusted Q1 earnings per share were C$1.06, compared with C$1.00 a year prior. The Street expected earnings of C$1.05…
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…
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