Biotech Stock Focus: Celgene Beats Q2 Estimates With Strong Showings
In an impressive piece of news on the Stock Market, Celgene (CELG) reported second-quarter 2014 earnings (including stock-based compensation expenses) of 80 cents per share, which surpassed the Market Consensus Estimate by 3 cents. The company’s earnings were 70 cents per share in the year-ago quarter. Figures have been adjusted to reflect the two-for-one stock split effective last month. Investors were not pleased with the … Continue reading Biotech Stock Focus: Celgene Beats Q2 Estimates With Strong Showings
Stock in News: Google Inc (NASDAQ GOOG) May Be Looking At Another EU Probe
Google Inc (NASDAQ GOOG) latest tussle with the European regulators could be concerned with the deals it entered with the Smartphone and tablet manufacturers using its Android software. According to Reuters, European commission is keen to know about the Google Inc’s agreement alongside any condition that requires manufacturers to preload Google Inc’s apps and services on their device. European regulators are giving tough time to … Continue reading Stock in News: Google Inc (NASDAQ GOOG) May Be Looking At Another EU Probe
Stock Under Spotlight: Facebook Attracts Businesses With Mobile Ads
Facebook Inc (NASDAQ FB) is gearing up to become a significant part for the small businesses. The social networking site is making efforts to establish the importance of the mobile platform for the small businesses. According to various sources, 20% of the time spent on the mobile devices such as smartphones and tablets is spent on Facebook. Facebook is recognizing the importance of the small … Continue reading Stock Under Spotlight: Facebook Attracts Businesses With Mobile Ads
Fast Moving Stocks: WPCS (NASDAQ:WPCS), Espey Mfg. & Electronics (NYSEMKT:ESP), Epizyme (NASDAQ:EPZM), Icahn Enterprises, L.P. (NASDAQ:IEP), HCC Insurance Holdings Inc. (NYSE:HCC)
The WPCS International Incorporated (NASDAQ:WPCS) on Aug. 1 announced that on July 31, 2014, the Company completed the sale of The Pride Group (QLD) Pty Ltd., (the “Australia Operations”), to Turquino Equity LLC (“Turquino”), whose managing member is Andrew Hidalgo ( “Hidalgo”), the former Chairman and CEO of WPCS. With the sale, the Company eliminates its outstanding $1.1 million severance obligation to Hidalgo. WPCS International … Continue reading Fast Moving Stocks: WPCS (NASDAQ:WPCS), Espey Mfg. & Electronics (NYSEMKT:ESP), Epizyme (NASDAQ:EPZM), Icahn Enterprises, L.P. (NASDAQ:IEP), HCC Insurance Holdings Inc. (NYSE:HCC)
Active Stocks to Watch: Medtronic (NYSE:MDT), AT&T (NYSE:T), Dr Pepper Snapple (NYSE:DPS), Hennessy Advisors (NASDAQ:HNNA), Eaton Vance Limited (NYSEMKT:EVV)
Medtronic, Inc. (NYSE:MDT) today announced the launch of the NuVent(TM) EM Sinus Dilation System for the Fusion® ENT Navigation System, developed and manufactured by the company’s Ear Nose and Throat (ENT) division of its Surgical Technologies business. NuVent is the first and only balloon sinus dilation system with built-in electromagnetic (EM) surgical navigation technology to help the surgeon confirm anatomy and optimize balloon placement during … Continue reading Active Stocks to Watch: Medtronic (NYSE:MDT), AT&T (NYSE:T), Dr Pepper Snapple (NYSE:DPS), Hennessy Advisors (NASDAQ:HNNA), Eaton Vance Limited (NYSEMKT:EVV)
Big Movers: Verizon Communications (NYSE:VZ), Amazon.com (NASDAQ:AMZN), Caterpillar Inc. (NYSE:CAT), Iconix Brand Group, Inc. (NASDAQ:ICON), Ametek Inc. (NYSE:AME)
Verizon Communications Inc. (NYSE:VZ) defended its decision to slow data downloads for some customers using older unlimited data plans, telling U.S. regulators it was a “widely accepted” and lawful part of network management. In a letter dated Aug. 1, Verizon responded to U.S. Federal Communications Commission Chairman Tom Wheeler, who last week wrote Verizon Wireless Chief Executive Dan Mead to say he was “deeply troubled” … Continue reading Big Movers: Verizon Communications (NYSE:VZ), Amazon.com (NASDAQ:AMZN), Caterpillar Inc. (NYSE:CAT), Iconix Brand Group, Inc. (NASDAQ:ICON), Ametek Inc. (NYSE:AME)
