McDermott International & FXCM Inc Rise After Earnings Shares of McDermott International (NYSE:MDR) are soaring this morning despite the company posted lower than estimated adjusted fourth-quarter results. The company said that its net loss increased from $10 million, or 4 cents a share, compared with a year-earlier profit of $48.9 million, or 19 cents...
Joe’s Jeans Lead Consumer Sector (SPLS, COST, JOEZ, GNTX, WRC) Consumer stocks opened mixed with healthy gains coming from Joe’s Jeans Inc (NASDAQ:JOEZ) as it reported better than estimated fourth quarter earnings, while Staples Inc (NASDAQ:SPLS) is weighing on the broader index after reporting disappointing earnings. Staples Inc (NASDAQ:SPLS) moved down 7.56%...
Assured Guaranty & Collective Brands Jump After Earnings Shares of Assured Guaranty Ltd.(NYSE:AGO) gapped up on Wednesday after the bond insurer reported a lower loss than a year ago, which was driven by loss from changes in the fair value of variable interest entities. The company reported a net loss of $83.6 million or...
Priceline.com Inc & SINA Corporation jump After Earnings Shares of Priceline.com Inc(NASDAQ:PCLN) gapped up this morning after the company posted stronger than estimated fourth results thanks to strong jump in its international bookings. The company’s net profit during the quarter jumped to $226 million, or $4.41 a share, compared to a year ago profit...
Deckers Outdoor & Crocs Slid, Magna International Jump After Results Deckers Outdoor Corp(NASDAQ:DECK) shares slumped in early morning on Friday as the company provided earnings and revenue outlook for the fourth quarter and full-year 2012, below Street view. Going forward, the company expects earnings per share to half year-over-year, while revenues are expected to...
Pre-market Action: American International Group & salesforce.com Jump On Solid Earnings Shares of American International Group, Inc.(NYSE:AIG) popping up in the pre-market session as the New York-based insurer reported a 77% jump in its fourth quarter net profit boosted by a large tax benefit it recorded. The company reported operating profit of $1.6 billion,...
3D Systems, Angie’s List, Denbury Resources Jump After Earnings 3D Systems Corporation(NYSE:DDD) shares soared on Thursday after the company reported better than estimated fourth-quarter earnings and provided solid outlook for the full year 2012. The company earned $8 million or $0.16 a share, compared to a year ago profit of $9.4 million or $0.20...
Baidu.com & Aruba Networks Fall, Frontier Communications Jumps After Earnings Shares of Baidu.com, Inc. (ADR)(NASDAQ:BIDU) are trading lower by 3.87% to $136.46 after the company said that it earned 2.05 billion Chinese yuan ($326.3 million) on revenue of CNY4.47 billion, compared to a year ago profit of CNY1.16 billion on revenue of CNY2.45 billion,...
General Motors & Hyatt Hotels jumps, The J.M. Smucker falls After Earnings General Motors Company(NYSE:GM) shares are surging as the company reported higher than estimated fourth quarter profit. The company reported profit of $468 million, or 28 cents a share on revenue of $38 billion, compared to a year profit of $ $510 million,...
