Panera Bread (PNRA) shares declined in late trading after the restaurant chain provided a fiscal Q2 EPS forecast below Wall Street consensus. The St. Louis, Missouri-based company projects EPS to be in the range of $1.70 to $1.76 in the current quarter. The average estimate of 24 analysts was for EPS of $1.86, according Capital…
Twitter Inc (NYSE:TWTR) falls to all-time lows Wednesday after disappointing evening earnings details and as follow-up comments about users and share moves from CEO Dick Costolo failed to stem the drop. Costolo talked to CNBC about the sharp rise, then decline in shares since its early November IPO. The social media stock is down 47%…
Exxon Mobil Corporation(NYSE:XOM) gained in early trading after reporting earnings that beat Wall Street estimates. The energy producer estimated that Q1 EPS declined 1% from a year earlier to $2.10, beating the consensus forecast of $1.88 measured by Capital IQ. Revenue fell 1% from the prior year to $106.8 billion, missing the analyst forecast of…
T-Mobile US Inc(NYSE:TMUS) shares rose in Thursday’s pre-market session despite a bigger-than-expected Q1 loss and a cut to the wireless-telecommunications company’s forecast for 2014 adjusted earnings before interest, taxes, depreciation and amortization, as investors were encouraged by strong net additions in the quarter and a boost to its 2014 additions guidance. TMUS was up 8%…
Brean Capital believes the valuation of Western Digital Corp(NASDAQ:WDC) remains dramatically underappreciated citing its operational improvements which should continue to drive margins as well as the potential pickup in Enterprise drives. Shares are Buy rated with a $125 price target. Shares of Western Digital Corp(NASDAQ:WDC) have a 50 day moving average of $89.19 and a…
Biota Pharmaceuticals Inc(NASDAQ:BOTA) announced that an interim update has been provided from the U.S. Department of Health and Human Services and the Biomedical Advanced Research and Development Authority, or BARDA, with respect to the Stop-Work Order the company recently received from BARDA and its pending decision regarding a recent In Process Review of its contract to…
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