Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP
Marrone Bio Innovations, Inc. (NASDAQ:MBII), a global provider of bio-based pest management and plant health products, said its Venerate Bioinsecticide has received federal registration from the EPA. BMII was up about 5% in Monday’s session, hitting a session high of $15.21 and trading in a 52-week range of $12.27 to $20.00. The insecticide controls a broad spectrum of pests and will be sold into a … Continue reading Stocks Roundup: MBII, SWY, VLO, ACMP, EXLP
Stocks Bounding Upward on Monday: FTD (NASDAQ:FTD), Highpower International (NASDAQ:HPJ), Tesla (NASDAQ:TSLA)
FTD (NASDAQ:FTD) gains nearly 5% Monday, subject of a largely favorable Barron’s weekly article ahead of the online florist’s earnings report this week. FTD was spun off from United Online in November and its shares have barely moved since. Barron’s thinks Wall Street is overlooking the company’s solid balance sheet, with net debt of $191 million, or 25% of total capitalization. Barron’s says FTD could … Continue reading Stocks Bounding Upward on Monday: FTD (NASDAQ:FTD), Highpower International (NASDAQ:HPJ), Tesla (NASDAQ:TSLA)
Russian Stocks Tumble – Yandex (NASDAQ:YNDX), QIWI (NASDAQ:QIWI), Mechel (NYSE:MTL), Lukoil (OTCMKTS:LUKOY)
Shares of Yandex (NASDAQ:YNDX) and other major Russian stocks trading in the West, including their American ADRs, fell on the escalating political and military crisis in the Ukraine. Yandex (NASDAQ:YNDX) , Russia’s largest search provider, fell 13.79% to $32.33 in afternoon trading. QIWI (NASDAQ:QIWI), an online payment systems provider, plunged 16.26% to $39.05. Mining company Mechel (NYSE:MTL) fell 7.37% to $1.76. Lukoil (OTCMKTS:LUKOY), an integrated oil … Continue reading Russian Stocks Tumble – Yandex (NASDAQ:YNDX), QIWI (NASDAQ:QIWI), Mechel (NYSE:MTL), Lukoil (OTCMKTS:LUKOY)
Monday Stock Movers – Cooper Tire & Rubber (NYSE:CTB), VirnetX Holding (NYSEMKT:VHC), Apple (NASDAQ:AAPL)
Cooper Tire & Rubber (NYSE:CTB) is down 8.2% to $22.79 per share after Q3 results showed a $29 million reduction in operating profit due to July/August work stoppages at the CCT joint venture and manufacturing inefficiencies. The company reported a Q3 net loss of $168,000 in Q3 compared to a net profit of $74 million in the same period last year. Net sales were $832 … Continue reading Monday Stock Movers – Cooper Tire & Rubber (NYSE:CTB), VirnetX Holding (NYSEMKT:VHC), Apple (NASDAQ:AAPL)
Medical Stocks in the News: Celldex Therapeutics (NASDAQ:CLDX), NeuroMetrix (NASDAQ:NURO)
Celldex Therapeutics (NASDAQ:CLDX) is lower Monday afternoon after its net loss widened and revenue declined compared to the year-ago period. Results were better than Wall Street’s expectations but could not fend off sellers. In early afternoon action, shares of the biopharmaceutical company are down 11% at $26.15 and traded earlier as low as $25.76. The stock moves within a 52-week range of $9.13 – $38.84. Celldex … Continue reading Medical Stocks in the News: Celldex Therapeutics (NASDAQ:CLDX), NeuroMetrix (NASDAQ:NURO)
Magna International (NYSE:MGA) Stock Reaches All Time High; Pacific Ethanol (NASDAQ:PEIX) Surges
Magna International (NYSE:MGA) shares reached their all-time high Monday after the company reported improved Q4 financial results and said it expects fiscal 2014 revenue about in line with estimates. Near midday, Magna International (NYSE:MGA) shares are up 2.5% at $91.32, and earlier hit a record high of $92.42. The automotive supplier reported Q4 earnings of $2.03 per share, compared with the prior-year period’s $1.49 per share. … Continue reading Magna International (NYSE:MGA) Stock Reaches All Time High; Pacific Ethanol (NASDAQ:PEIX) Surges