Yesterday afternoon, Apple Inc. (NASDAQ:AAPL) found itself trading under $500 per share for the first time in almost a year dating back to mid February of 2012. However today, the company bounced back over the 500 mark finishing at $506.95. This came amidst rumors of supply chain cuts in Apple’s production of it’s iPhone....
Apple Inc.(NASDAQ:AAPL) has reported that it has sold 3 million iPad minis and fourth generation iPads during the debut weekend. It is clearly an indication that the new devices can help Apple in enduring the speeding up competition in the tablet industry. Apple based in California, Cupertino said that demand for iPad mini had...
Equal Energy Ltd (USA)(NYSE:EQU) among the top performers and the stock increased 23.55% to $3.83.The Company has closed an agreement with another Canadian energy company. Under the terms of agreement, Equal has sold its Lochend Cardium assets for cash consideration of $62 million, effective on October 1st 2012. The Company will use the proceeds...
Manitowoc Company Inc (NYSE:MTW) slipped 7.01% to $13.66.The Company reported third quarter sales of $955.7 million for the third quarter of 2012, an increase of 2.2% year over year basis. The sales increase was primarily driven by a 4.9% increase in Crane segment sales.Thenet earnings were $22.2 million or $0.17 per diluted share compared...
The recurrent Facebook Inc (NASDAQ:FB) phone rumor has come to surface yet again, with the latest gossip being that the HTC Opera UL will be the social networking site’s first official smartphone as it tries to stiffen its slack in mobile. The Opera UL is an OEM device made for Facebook. Leaked benchmarks reveal...
Stocks In The Mews (FNP, LL, GAIN, SFL, GEL) Fifth & Pacific Companies Inc (NYSE:FNP) plunged 11.76% to $11.28 after the revised fiscal year 2012 guidance. The Company expects adjusted EBITDA to be in the range $100 to $115 million. The Company expects third quarter adjusted EBITDA to be $17 to $20 million. The...
ADTRAN Inc Jumps On Outlook (ADTN, QCOR, WAG, AM, YELP) ADTRAN Inc (NASDAQ:ADTN) plunged 8.64% to $17.49 after the Company lowered the guidance for third 2012. The Company expects revenue to be approximately $162 million. GAAP earnings per share for the quarter are expected to range from $0.14 to $0.15. Non-GAAP earnings per share...
Apogee Enterprises Soared On Solid Earnings (APOG, QCOR, BVSN, AMPE, HEES) Apogee Enterprises, Inc.(NASDAQ:APOG) shares jumped 14.70% to $20.21 after the company’s second quarter revenues grew 6% to $175.9 million from $165.6 million last year. The company posted second-quarter profit of $5.1 million or $0.18 per share, as compared to a loss of $1.7...
Ramtron jumps On Merger News (TSTC, RMTR, LEDR, MNTG, DECK) Telestone Technologies Corporation (NASDAQ:TSTC) stock climbed 10.20% to $2.70. The 52 week trading range for the company is $1.27 – $9.55. The shares of the company declined 47% in the last one year. The company is an access network solutions provider serving the Chinese...
Stocks In News (CTRP, RIG, DRAD, AZO, E) Ctrip.com International, Ltd. (ADR)(NASDAQ:CTRP) yesterday announced that it proposes to offer up to USD140 million in aggregate principal amount of convertible senior notes due 2017, subject to market conditions. The conversion rate and other terms of the notes have not been finalized and will be determined...
