Hewlett-Packard (HPQ) reported second quarter adjusted EPS of $0.87 Friday morning, compared to $0.88 in the prior year. Analysts expected EPS of $0.86. The company expects to report third quarter adjusted EPS of $0.83 to $0.87 and between $3.53 and $3.73 for the full year. The consensus estimates are...
Canaccord Genuity upgraded its rating on shares of ReWalk Robotics Ltd. (RWLK) Friday morning to "Buy" from "Hold."
ReWalk Robotics gapped up at the open Friday and has risen sharply on above average volume. The stock is now up 1.78 at $12.84 and has climbed to nearly a 1-month high.
Expedia Inc. (EXPE) announced Friday morning that it has sold its 62.4% majority stake in eLong Inc. (LONG) to several purchasers for approximately $671 million.
Expedia has gapped open sharply higher this morning and is now up 5.88 at $111.77. The stock has been gaining ground for the past 2 1/2...
Ctrip.com International Ltd. (CTRP) announced Friday morning that it has acquired a 37.6% equity stake in eLong (LONG) for approximately $400 million.
Ctrip.com International gapped open sharply higher this morning and is now up 7.91 at $79.90 on above average volume. The stock has leaped to a new high for the year.
Otonomy Inc. (OTIC) announced after the close Thursday that its Phase 2b trial evaluating OTO-104 in patients with unilateral Meniere's disease narrowly missed the primary endpoint.
Otonomy gapped open sharply lower Friday morning and is now down 6.82 at $24.23 on above average volume. The stock...
Intuit Inc. (INTU) reported third quarter adjusted EPS of $2.85 after the close Thursday, down from $3.53 last year. The consensus estimate was for EPS of $2.74.The company expects to report a fourth quarter adjusted loss of $0.12 to $0.10 per share. The consensus estimate is for a loss of $0.05 per...
The Wall Street Journal reported Thursday that Charter Communications (CHTR) is involved in talks with Time Warner Cable (TWC) about a possible combination.
Time Warner Cable has gapped open sharply higher Friday morning and is now up 4.52 at $170.04. The stock has leaped to a new high for the year.
Deere & Co. (DE) reported second quarter EPS of $2.03 Friday morning, compared to $2.65 a year ago. Analysts expected EPS of $1.55. For fiscal 2015, Deere expects net income attributable to company to be about $1.9 billion.
Deere & Co. has gapped open sharply higher Friday morning and is now up 3.42...
eLong Inc. (LONG) announced Friday morning that Expedia (EXPE) sold its 62.4% ownership interest in the Company. Ctrip.com International (CTRP) then announced that it has acquired a 37.6% equity stake in eLong.
eLong has gapped open sharply higher this morning and is now up 6.45 at $27.10 on the highest...
Habit Restaurants Inc. (HABT) has been trading in a range since the open Thursday, but has broken out sharply higher in the last few minutes on increased volume. Shares are now up 1.16 at $38.49.
Habit Restaurants is challenging the upper end of a 3-week trading range.
AVEO Pharmaceuticals Inc. (AVEO) announced Thursday morning that final results from the TIVO-1 extension study, in patients with advanced renal cell carcinoma, will be presented at the 2015 American Society of Clinical Oncology Annual Meeting.
AVEO Pharmaceuticals gapped up slightly Thursday and has...
CNBC reported Thursday morning that a subsidiary of Shake Shack Inc. (SHAK) recently filed for a trademark for "Chicken Shack."
Shake Shack gapped up at the open Thursday and has been climbing for the majority of early trade. The stock is now up 4.85 at $87.70 and has risen to its second consecutive new all-time high.
Shopify Inc. (SHOP) has just begun trading for the first time Thursday morning. The company priced its initial public offering of 7.7 million shares at $17 per share.
Shopify is now up 10.32 at $27.32 on 2.2 million shares.
PGA Holdings Inc. (PGND) has just begun trading for the first time Thursday morning. The company priced its initial public offering of 8,900,000 shares of common stock at a public offering price of $25.00 per share.
PGA Holdings is now up 3 points at $28.00 on 2.5 million shares.
Woodward Inc. (WWD) and GE Aviation announced a strategic 50/50 joint venture for fuel systems for GE's large commercial aircraft engine lines after the bell Wednesday. Woodward will receive $250 million in cash from the agreement.
Woodward also announced its plan to repurchase $250 million of outstanding...