Afternoon Movers: LDR Holding (LDRH), Endologix (ELGX), Nelnet Inc. (NNI)
LDR Holding (NASDAQ:LDRH) is higher, climbing to an all-time high Friday, after the company reported late Thursday that for Q4, revenues topped Street forecasts while its loss widened year over year and missed estimates. Despite the mixed results, shares are up 7.98% at $31.14, and hit a record high of $31.59. The global media device company reported a Q4 loss of $0.69 per share, compared … Continue reading Afternoon Movers: LDR Holding (LDRH), Endologix (ELGX), Nelnet Inc. (NNI)
Amazon.com (NASDAQ:AMZN) Gains on Reports it’s Considering Offering Free Music to Prime Customers
Amazon (NASDAQ:AMZN) stock rose 1.2% on Friday on a report saying the online reis investigating giving its Prime subscription customers free music as it does with movies and television shows. Tech news site Recode reports industry sources say the online retailer is engaged in serious talks with big music labels as the company considers rolling out a Spotify-like music service to be offered to Prime … Continue reading Amazon.com (NASDAQ:AMZN) Gains on Reports it’s Considering Offering Free Music to Prime Customers
Afternoon Investor Alert: IRM, POM, IG
Records management services provider Iron Mountain Incorporated (NYSE:IRM) reports Q4 2013 adjusted EPS of $0.15 on revenues of $769 million. Analysts had expected adjusted EPS of $0.22 and revenues of $775 million, according to Capital IQ. Year-ago adjusted EPS was $0.20 on revenues of $758 million. For 2014, the company reiterated its adjusted EPS and revenue targets. It said adjusted EPS should be in the … Continue reading Afternoon Investor Alert: IRM, POM, IG
Why Ampio Pharmaceuticals (NYSEMKT:AMPE) Shares are Dropping This Morning
Shares of Ampio Pharmaceuticals (NYSEMKT:AMPE) fell in Friday’s pre-market session, after the biopharmaceutical company priced a public offering of 8.5 million shares at $7 per share, a 12% discount to the stock’s Thursday closing price. The shares were off 6.2% at $7.45 in recent pre-market trading. They have a 52-week range of $3.75 to $10.86. Net proceeds of the offering are expected to be approximately … Continue reading Why Ampio Pharmaceuticals (NYSEMKT:AMPE) Shares are Dropping This Morning
Morning Analysis: DRQ; NRG; BSFT
Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Morning Analysis: DRQ; NRG; BSFT
Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX
Exterran Partners (NASDAQ:EXLP) said it has agreed to buy natural gas compression assets from Chesapeake Energy’s (NYSE:CHK) subsidiary Perrigo Company (NYSE:PRGO) said it has acquired a number of over-the-counter products sold in Australia and New Zealand from Aspen Global for $51 million in cash. The maker and distributor of among others OTC and generic prescription pharmaceuticals said the products include Herron analgesics, vitamins and supplements … Continue reading Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX
