02/20
Headlines

Traders Are Watching: Frontier Communications Corporation (NASDAQ:FTR), Idera Pharmaceuticals, Inc. (NASDAQ:IDRA), Microsemi Corporation (NASDAQ:MSCC), Allegion plc (NASDAQ:ALLE), OraSure Technologies, Inc. (NASDAQ:OSUR)

Chris Lewis03 mins

Frontier Communications Corporation (NASDAQ:FTR) reported third-quarter revenue of USD 1.141 billion, down 4 percent year-over-year. Residential revenue rose 0.2 percent sequentially to USD 498.0 million, and total business revenue of USD 518.6 million was up 0.5 percent sequentially. Network access expenses rose, while other operating expenses and depreciation and amortisation declined in the quarter. Operating…

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Today’s Watch List: Array BioPharma, Inc. (NASDAQ:ARRY), Fairchild Semiconductor International Inc. (NASDAQ:FCS), Flowserve Corp. (NYSE:FLS), Red Hat, Inc. (NYSE:RHT), JBSS

Adam Keintzel03 mins

Array Biopharma (NASDAQ:ARRY) released its earnings data on Tuesday. The company reported ($0.21) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.22) by $0.01. The company had revenue of $6.07 million for the quarter, compared to the consensus estimate of $6.35 million. During the same quarter in the prior year, the company…

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Stock News: Microsoft (NASDAQ MSFT) Partners Dropbox

Richard Atkins02 mins

Microsoft Corporation (NASDAQ MSFT) is working with Dropbox to launch business-friendly mobile products. Although both companies are still in competition, they are working together for business. Office users can now access Dropbox applications via mobile applications and edit files. Those using Windows and Windows Phone versions will have to wait for now. Microsoft will initially…

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Stock Focus: What does Large Expenditure Mean For Facebook (NASDAQ FB)?

Richard Atkins02 mins

The big disappointment about Facebook’s quarterly results last week was Facebook Inc (NASDAQ FB)’s forward guidance that revenues for Q4 and for 2015 would be below Wall Street expectations. Facebook warned that its Q4 revenue would fall between $3.6-$3.8 billion, a 40-47% higher year-over-year increase. 40-47% growth may sound impressive, but it is far below…

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