Movers roundup: Starbucks shares soar; Seagate Technology stock jumps on outlook, upgradeJuly 23rd, 2009 Movers roundup: Starbucks, Seagate TechnologyAmong the stock activity stories for Wednesday, July 22, from AP Financial News:
NEW YORK (AP) — Shares of Starbucks Corp. soared after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.
Solarfun Power turns 3rd-quarter profit on cheaper costs, record quarterly shipmentsNovember 18th, 2009 Solarfun Power turns profit in 3Q, shares riseNEW YORK — Chinese solar cell maker Solarfun Power Holdings Co. Ltd. on Wednesday said it turned a third-quarter profit, driven by significantly cheaper cost of goods sold and record quarterly shipments.
Supertex shares rise after analyst upgrades stock to 'buy;' Samsung LED TV demand is driverSeptember 15th, 2009 Supertex shares rise after analyst upgradeNEW YORK — Shares of chip maker Supertex Inc. were up more than 5 percent Tuesday after an analyst upgraded the stock to "buy" based on its position as the sole supplier of drivers for Samsung Electronics Co.
Research In Motion shares retreat after UBS downgradeAugust 10th, 2009 RIM shares take a hit after UBS downgradeNEW YORK —Shares of Research in Motion Ltd. took a hit Monday after a UBS analyst downgraded the BlackBerry smart phone maker, saying that while the current quarter looks to be going well, the stock is nearing his target price.
Research in Motion fiscal first-quarter earnings up 33 cents on increased salesJune 18th, 2009 RIM 1Q earnings up 33 percent on increased salesTORONTO — BlackBerry maker Research in Motion Ltd. on Thursday exceeded first-quarter expectations when it reported a 33 percent rise in profit but disappointed investors with its guidance.
Sales boost Research in Motion's 1st-qtr earnings 33 percent; investors cautious on forecastJune 19th, 2009 RIM 1Q profit tops view, shares wobble on outlookTORONTO — BlackBerry maker Research in Motion Ltd. on Thursday reported a better-than-expected 33 percent jump in first-quarter profit as the company continues to boost market share among non-corporate customers.
Credit Suisse analyst upgrades Novellus, says he expects Samsung to increase capital spendingSeptember 21st, 2009 Credit Suisse analyst upgrades shares of NovellusSAN FRANCISCO — A Credit Suisse analyst upgraded Novellus Systems Inc. shares to "Outperform" Monday, citing several reasons including an expectation that Samsung Electronics Co.
BlackBerry shares fall marginallyJanuary 22nd, 2009 TORONTO - BlackBerry maker Research In Motion's shares fell only slightly Thursday after the news that its two co-CEOs face a multi-million dollar fine from the market regulatory body. The co-CEOs - Jim Balsillie and Michael Lazaridis - face up to $100 million in fines from the provincial Ontario Securities Commission for their role in a stock option backdating controversy.
LDK shares tumble on 2nd-qtr loss, analyst warns of more write-downs, stressed balance sheetAugust 13th, 2009 LDK shares fall on 2Q loss, analyst rates "Sell"NEW YORK — Shares of solar cell wafer maker LDK Solar Co. Ltd. tumbled on Thursday, the morning after the company posted a second-quarter loss as it wrote down the plummeting value of its inventory.
BlackBerry posts $643 mn profitJune 20th, 2009 TORONTO - BlackBerry maker Research In Motion (RIM) has reported a profit of $643 million for the first quarter of the year, compared to $518.3 million posted during the previous quarter. However, its quarterly revenue was slightly dwon at $3.42 billion from $3.46 billion in the previous quarter.
Video game shares take a hit as PlayStation price cut rumors mountAugust 17th, 2009 Sector Snap: Video games take a hitNEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.'s PlayStation 3. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.
Electronic Arts 2nd-quarter results could outpace expectations even amid industry slumpNovember 6th, 2009 Earnings Preview: Electronic ArtsNEW YORK — Video game publisher Electronic Arts Inc. reports earnings for its fiscal second quarter, which ended in September, on Monday after the market closes.
Electronic Arts shares decline after company announces 1,500 job cuts, acquisition of PlayfishNovember 10th, 2009 EA shares drop after job cuts, outlookNEW YORK — Shares of Electronic Arts Inc. took a hit Tuesday, the day after the video game publisher said it is cutting 1,500 jobs and announced it bought Playfish Inc., a maker of online social games.
BlackBerry shares shoot up 34 percent on record profitApril 4th, 2009 Shares of BlackBerry maker Research In Motion (RIM) shot up almost 20 percent Friday after the wireless communication leader Thursday posted a record profit of $518.3 million for the last quarter of fiscal year 2009 ending Feb 28.RIM shares closed at $72.80 on the Toronto Stock Exchange - more than 19 per cent since Thursday.This is in addition to 14 percent gain the shares made Thursday immediately after the Waterloo-based company put out its quarterly financial results. Considering that RIM shares have been stuck around $45 since December, the 34 percent gain of the last day belies all speculation about slump in the smart phone market in the current economic climate.
Fannie Mae, iPCS, CIT Group, K12, Motorola, BB&T are among big market movers MondayOctober 19th, 2009 Fannie Mae, iPCS, CIT Group, K12 are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
Fannie Mae, down 32 cents at $1.14
An analyst downgraded Fannie Mae and Freddie Mac and said shares would be "worthless" given how much they owe the government. Autoliv Inc., up $1.26 at $37.34
An analyst raised his price target and estimates for the Sweden-based maker of automotive air bags and seat belts.
Loading ...