Tech Stocks Up With Broader Rally (NFLX, CRUS, S, SIRI, FB) Netflix, Inc.(NASDAQ:NFLX) stock increased 4.59% to $60.66. Sumo Logic announced this week that Netflix, is adopting Sumo Logic, a cloud-based Log Management and Analytics service. After exhaustive testing of leading solutions, Netflix determined that only Sumo Logic can scale to meet the company’s...
RealPage Inc Falls On Offering (SWFT, LCC, RP, PFE, KFT) Swift Transportation Co (NYSE:SWFT) declined 5.33% to $8.52. The Company will present at the Citi Global Industrials Conference on September 19, 2012 in Boston, MA. US Airways Group Inc (NYSE:LCC) slipped 5.51% to $10.63 on a traded volume of 4.11 million shares. JPMorgan Chase...
Movers & Shakers News Recap (QIHU, FOSL, BIOF, LIVE, BPI) Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares gained 1.69% to $24.66 in the morning hour. The company gained after its chief executive officer said the software developer’s new search engine may use Google Inc. (GOOG)’s advertising system. Additionally, Equities researchers at Maxim Group raised...
Coffee Holding Co., Inc.(NASDAQ:JVA) shares fell 0.57% to $8.65 in the Pre market sessionafter the company reported its third-quarter net income of $1.23 million or $0.19 per share from $168 thousand or $0.03 per share in the same quarter last year. Net sales increased to $44.48 million from $35.76 million in the comparable period...
This might be a little bit awkward for Nokia. The company is betting its all – indeed its entire future – on its partnership with Microsoft Corporation (NASDAQ:MSFT)’s Windows Phone 8 operating software. Samsung has already announced the launch of some smartphones running on Windows. There is a lot riding on Microsoft’s new...
Sunesis Pharmaceuticals Soars 36% (GMCR, LEI, WSB, SNSS, CMO) Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) jumped over 3% to $31.05 on a traded volume of 5.36 million shares. The stock is up after a disclosure of a 6.8% stake by Luigi Lavazza S.p.A. and its affiliates. The Company has been recently given a Buy...
First Solar Extends Gain (CHK, DHRM, SIRI, SNY, FSLR) Chesapeake Energy Corporation (NYSE:CHK) climbed up 1.58% to $19.88. Pennsylvania’s new fee on gas drillers has raised more than $200 million. The most of the amount raised will be distributed to counties and towns to fix roads, restore water supplies and pay other expenses borne...
Orexigen Therapeutics Extends Gain (OREX, SNDK, AKS, MWW, OI) Orexigen Therapeutics Inc (NASDAQ:OREX) went up 10.59% to $5.43 on a traded volume of 3.19 million shares. The Company said that it expects to complete enrollment in an interim study of cardiovascular risks associated with its weight-loss treatment Contrave in the fourth quarter. Credit Suisse...
Universal Display Jumps On Analyst Note (KORS, RIGL, PANL, IDTI, MHO) Michael Kors Holdings Ltd (NYSE:KORS) shares gained 4.28% to $55.25 in the morning hour. The 52 week trading range for the company is $23.51 – $55.57. The shares of the company soared 125% in the last one year. The company is a designer,...
Netflix Inc Extends Fall (NFLX, GFI, NAV, DRI, BCS) Netflix Inc (NASDAQ:NFLX) declined 1.36% to $59.66 on a traded volume of 1.58 million shares. TheStreet Ratings restated a hold rating with a ratings score of C. The 52-week range for the stock is $52.81 and $238.50. The Company has Price/Sales ratio of 0.97 and...
