Nokia Results Threw Out No Worse News Than Expected: Analyst
Jefferies & Co. said Nokia Corp.'s (NYSE: NOK) results threw out no worse news than it had expected but it maintained underperform thesis nonetheless.
Intuit Shares Hit New Life-Time High
Shares of Intuit Inc. (NASDAQ: INTU) touched a new life-time high of $56.27 on Wednesday. The company said it will commit to investing $37 million in products and services to promote high-growth entrepreneurship across the country in partnership with President Barack Obama’s Startup America campaign.
Post-Market NASDAQ Movers (SCSS, PLXS, FFIV, DTLK, TRAD, QCOM, AAPL, LRCX, SINA, GILD, AMGN, CAKE)
The top after-market NASDAQ Stock Market gainers are: Select Comfort, Plexus, F5 Networks, Datalink, TradeStation Group, Qualcomm, and Apple. The top after-market NASDAQ Stock Market losers are: Lam Research, Sina, Gilead Sciences, Amgen, and Cheesecake Factory.
Creative Suite Losing Ability to Drive Adobe's Business: Analyst
FBR Capital Markets believes Adobe Systems Inc.'s (NASDAQ: ADBE) flagship offering, Creative Suite (CS), is losing its ability to drive Adobe’s business and doesn't see much to materially offset this. The brokerage downgraded its rating on shares of Adobe to underperform from market perform and lowered its price target to $28 from $33.
Pre-Market NASDAQ Movers (ASML, REDF, INTC, SIFY, AIXG, WYNN, CREE, TRS, ADBE)
The top pre-market NASDAQ Stock Market gainers are: ASML Holding, Rediff.com India, Intel, Sify Technologies, Aixtron, and Wynn Resorts. The top pre-market NASDAQ Stock Market losers are: Cree, TriMas, and Adobe Systems.
RIM's Playbook Sales Far Exceeding Motorola Xoom: Analyst
Jefferies & Co. said Research In Motion Ltd.'s (RIM) Blackberry Playbook sales are far exceeding Motorola's Xoom sales. The brokerage said its checks indicate first-day sales skewed toward pre-orders and the 32GB and 64GB models.
Biogen Idec Shares Hit New Life-Time High
Shares of Biogen Idec Inc. (NASDAQ: BIIB) touched a new life-time high of $83.99 on Tuesday. The company said it received positive opinion for Avonex Pen against multiple sclerosis from the European Medicines Agency’s Committee for Medicinal Products for Human Use.
Post-Market NASDAQ Movers (CHINA, NANO, INTC, YHOO, HOLX, CREE, TRS, CRDN, VPHM, VECO)
The top after-market NASDAQ Stock Market gainers are: CDC Corp., Nanometrics, Intel, Yahoo!, and Hologic. The top after-market NASDAQ Stock Market losers are: Cree, TriMas, Ceradyne, ViroPharma, and Veeco Instruments.
Goodrich Upgraded at Wedbush on Better Aftermarket Performance
Wedbush Securities upgraded its rating on shares of Goodrich Corp. (NYSE: GR) to outperform from neutral based largely on outperformance in the commercial aftermarket. The brokerage also raised its price target on shares of the U.S. aircraft parts supplier to $100 from $92.
Pre-Market NASDAQ Movers (ATRN, MICC, ZION, PCAR, IIJI, INVE, LOGI, LNCR, VOD, ISPH)
The top pre-market NASDAQ Stock Market gainers are: Atrinsic, Millicom International Cellular, Zions Bancorp, Pacer International, and Internet Initiative Japan. The top pre-market NASDAQ Stock Market losers are: Identive Group, Logitech International, Lincare Holdings, Vodafone Group, and Inspire Pharmaceuticals.
Regeneron Shares Hit New 10-Year High After Eye Drug Gets FDA Priority Review
Shares of Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) touched a new 10-year high of $49.44 on Monday. The company said the U.S. Food and Drug Administration gave priority review status for its new investigational eye solution to treat neovascular form of age-related macular degeneration, or wet AMD, a disorder that causes vision loss due to abnormal growth of blood vessels.
Post-Market NASDAQ Movers (STLD, SMOD, SILC, ZION, SYMX, CXDC, INVE, NTES, NLST, APWR)
The top after-market NASDAQ Stock Market gainers are: Steel Dynamics, SMART Modular Technologies, Silicom, Zions Bancorp, and Synthesis Energy Systems. The top after-market NASDAQ Stock Market losers are: China XD Plastics Company, Identive Group, NetEase.com, Netlist, and A-Power Energy Generation Systems.
Apple's Assault on the Living Room and Video Is Coming: The New Halo Effect
Jefferies & Co. believes Apple Inc. (NASDAQ: AAPL) is about to launch a new video-focused cloud-based service. The brokerage continues to believe that the assault on the living room likely means the introduction of another Apple appliance or device.
Baidu Shares Hit New Life-Time High After Report of Facebook Deal
Shares of Baidu, Inc. (BIDU) touched a new life-time high of $148.92 on Monday, after media reports that Facebook Inc. signed an agreement with the company to set up a social-networking website in China.
Post-Market NASDAQ Movers (EXEL, KITD, TIBX, LAYN, SCHN, MCRL, EXTR, TSON, LIOX, NPSP)
The top after-market NASDAQ Stock Market gainers are: Exelixis, KIT digital, Tibco Software, Layne Christensen, and Schnitzer Steel Industries. The top after-market NASDAQ Stock Market losers are: Micrel, Extreme Networks, TranS1, Lionbridge Technologies, and NPS Pharmaceuticals.
15 Most Off-Beat College Scholarships for 2011-2012
Here is a list of 15 most off-beat college scholarships for 2011-2012.
Global Crossing Shares Hit New 2-Year High On Level 3 Merger
Shares of Global Crossing Ltd. (NASDAQ: GLBC) touched a new 2-year high of $26.50 on Monday. Level 3 Communications, Inc. (NASDAQ: LVLT) agreed to buy Global Crossing in a tax-free, stock-for-stock transaction of about $3 billion.
Alcoa Stock Drops After Q1 Sales Missed Consensus
Shares of Alcoa Inc. (NYSE: AA) fell 3.15 percent in the after-hours trading, after reporting its first quarter sales that missed Street view as the dollar weakened.
Pre-Market NASDAQ Movers (TSTY, GLBC, AMMD, RAME, VVUS, SINA, MDVN, ENER, JBLU, NFLX)
The top pre-market NASDAQ Stock Market gainers are: Tasty Baking, Global Crossing, American Medical Systems Holdings, RAM Energy Resources, and VIVUS. The top pre-market NASDAQ Stock Market losers are: Sina, Medivation, Energy Conversion Devices, JetBlue Airways, and Netflix.
Flushing Financial's Story Was Well Received: Analyst
FBR Capital Markets said Flushing Financial Corp.'s (NASDAQ: FFIC) story was well received by investors given that the company is growing loans, generates reasonable profitability, and its performance through the cycle is evidence of its strong credit quality.
Google-ITA Software Deal No Game Changer for Expedia: Analyst
Jefferies & Co. expects limited financial impact of Google Inc.'s (GOOG) acquisition of ITA Software Inc. on Expedia, Inc. (NASDAQ: EXPE). The brokerage maintained its buy rating on shares of Expedia with a price target of $31.
Time Warner Cable Shares Hit New 2-Year High
Shares of Time Warner Cable Inc. (NYSE: TWC) touched a new 2-year high of $73.19 on Friday. The company said it has filed a request for declaratory judgment relating to Viacom Inc. (NYSE: VIA) cable networks.
AMR Shares Hit New Low on Rising Oil Prices
Shares of AMR Corp. (NYSE: AMR) touched a new 52-week low of $5.71 on Friday, as crude oil futures climbed above $112 since September 2008.
Top 10 Largest U.S. Companies [SLIDESHOW]
Here is a list of top ten largest U.S. companies by market capitalization.
Pre-Market NASDAQ Movers (CONN, EXPE, CRIS, STX, NXPI, HERO, IDIX, SGMO, XING, COST)
The top pre-market NASDAQ Stock Market gainers are: Conns, Expedia, Curis, Seagate Technology, and NXP Semiconductors. The top pre-market NASDAQ Stock Market losers are: Hercules Offshore, Idenix Pharmaceuticals, Sangamo Biosciences, Qiao Xing Universal Resources, and Costco Wholesale.
Parametric Technology Upgraded at Jefferies
Jefferies & Co. upgraded its rating on shares of Parametric Technology (NASDAQ: PMTC) to buy from hold and increased its price target to $28 from $25.
Bed Bath & Beyond Shares Hit New Life-Time High on Q4 Results
Shares of Bed Bath & Beyond, Inc. (NASDAQ: BBBY) touched a new life-time high of $55.17 on Thursday. The company reported a 25 percent growth in fourth quarter earnings, which came in ahead of its expectations as well as Street view.
Questcor Pharma Shares Hit New Life-Time High Again
Shares of Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) touched a new life-time high of $18.73 on Thursday. The company issued preliminary metrics for the first quarter. The positive results were reflected in the trading of Questcor stock that reached a new life-time high for third time during this week.
Post-Market NASDAQ Movers (EXPE, STX, CUTR, SHOR, SCSS, HERO, IDIX, SGMO, PSTR, CHBT)
The top after-market NASDAQ Stock Market gainers are: Expedia, Seagate Technology, Cutera, ShoreTel, and Select Comfort. The top after-market NASDAQ Stock Market losers are: Hercules Offshore, Idenix Pharmaceuticals, Sangamo Biosciences, PostRock Energy, and China-Biotics.
Immunogen Shares Hit New High on Breast Cancer Study Results
Shares of Immunogen Inc. (NASDAQ: IMGN) touched a new 52-week high and a 9-year high of $12.03 on Thursday. Roche Holding AG said an experimental drug T-DM1 was effective in a mid-stage study of breast cancer patients whose disease has spread.
