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Notable Stocks in Focus: ICICI Bank (NYSE:IBN), Chesapeake Energy Corporation (NYSE:CHK), KLA-Tencor Corporation (NASDAQ:KLAC), Tuesday Morning Corporation (NASDAQ:TUES), Caterpillar Inc. (NYSE:CAT)
ICICI Bank Ltd. (NYSE:IBN) third-quarter fiscal 2015 (ended Dec 31) net profit came in at INR28.89 billion ($458 million), up 14% from the year-ago quarter. Despite this year-over-year improvement, the bank’s ADRs fell over 5% on concerns about the consistent deterioration in its asset quality. On Tuesday shares of ICICI Bank Ltd. (NYSE:IBN) closed at…
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5 Stocks: Denbury Resources Inc. (NYSE:DNR), Marathon Oil Corporation (NYSE:MRO), MEI Pharma (NASDAQ:MEIP), Atlas Energy, L.P (NYSE:ATLS), KLA-Tencor Corporation (NASDAQ:KLAC)
Denbury Resources Inc. (NYSE:DNR) announced that its Board of Directors has declared a quarterly cash dividend of $0.0625 per common share, a rate of $0.25 per share on an annualized basis, payable March 31, 2015, to shareholders of record as of the close of business on February 24, 2015. On Thursday shares of Denbury Resources…
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Notable Stocks in Focus: Delta Air Lines (NYSE:DAL), Ocwen Financial Corp. (NYSE:OCN), Heritage Financial Corp. (NASDAQ:HFWA), Kandi Technolgies (NASDAQ:KNDI), KLA-Tencor (NASDAQ:KLAC)
Delta Air Lines Inc. (NYSE:DAL), which has hubs at both New York LaGuardia and New York JFK, confirmed on Sunday evening that it had grounded about 600 flights for Monday. United, which has hubs at Newark Liberty and Washington Dulles, said it planned to sharply curtail its operations at Newark elsewhere in the Northeast beginning…
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Technology Bears: KLA-Tencor Corporation (NASDAQ:KLAC), Sphere 3D Corporation (NASDAQ:ANY), Synacor (NASDAQ:SYNC), 8×8 Inc. (NASDAQ:EGHT), Upland Software (NASDAQ:UPLD)
KLA-Tencor Corporation (NASDAQ: KLAC) announced operating results for its second quarter of fiscal year 2015, which ended on December 31, 2014, and reported GAAP net income of $20 million and GAAP earnings per diluted share of $0.12 on revenues of $676 million. On Friday shares of KLA-Tencor Corporation (NASDAQ:KLAC) closed at $65.24. Company’s sales growth…
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Keep Eyes on: General Electric Company (NYSE:GE), China Finance Online Co. (ADR) (NASDAQ:JRJC), SunCoke Energy Inc. (NYSE:SXC), KLA-Tencor Corporation (NASDAQ:KLAC), Citigroup (NYSE:C)
The CFO for General Electric Company (NYSE:GE), Jeff Bornstein, said on Friday that the company’s Oil & Gas segment would continue to “play offence” during 2015. The statement followed the release ofmixed fourth-quarter financial results from the conglomerate. On Friday shares of General Electric Company (NYSE:GE) closed at $24.48. Company’s sales growth for last 5…
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Ever Green Stocks: Alibaba Group Holding Ltd (NYSE:BABA), BlackBerry Ltd (NASDAQ:BBRY), KLA-Tencor Corporation (NASDAQ:KLAC), First Financial Corp. (NASDAQ:THFF), DragonWave Inc. (NASDAQ:DRWI)
On 21 December Alibaba Group Holding Ltd (NYSE:BABA) said that Alibaba Group Holding Ltd (NYSE:BABA)’s Jack Ma invited 1,600 former employees to its home turf in Hangzhou, China. The company’s $25 billion initial public offering had made many of them wealthy and he urged them to start businesses that would be meaningful in the long…
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Active Movers: The AES Corporation (NYSE:AES), SouFun Holdings (NYSE:SFUN), KLA-Tencor Corporation (NASDAQ:KLAC), Valley National Bancorp (NYSE:VLY), Carmike Cinemas Inc. (NASDAQ:CKEC)
The AES Corporation (NYSE:AES) declared that it has entered into an agreement to sell its 15% minority stake in AES US Investments Inc., a wholly-owned subsidiary of AES, to La Caisse de dépôt et placement du Québec (“CDPQ”) for $244 million. The AES Corporation (NYSE:AES) in last trading activity moved up 2.66% to close at…
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Market Movers: Office Depot (NASDAQ:ODP), Autohome Inc. (NYSE:ATHM), Goldfield Corp. (NYSEMKT:GV), KLA-Tencor Corporation (NASDAQ:KLAC), Pointer Telocation (NASDAQ:PNTR)
On 4 December Office Depot, Inc. (NASDAQ:ODP) has announced they are the first official retail chain to release Shazam In-Store, a mobile marketing platform that will use the Shazam music application, inaudible digital watermarks, a merchant’s music system, and a location-based platform created by Mood Media to release promotional messages to shoppers via their mobile…
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Why These Are Hot: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), JetBlue Airways Corporation (NASDAQ:JBLU), KLA-Tencor (NASDAQ:KLAC), Office Depot (NASDAQ:ODP), Manchester United (NYSE:MANU)
On Dec 08, Wolf Popper LLP has filed a class action lawsuit against Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) in the U.S. District Court for the Southern District of New York (14-cv-9662), on behalf of all persons who purchased American Depositary Shares of Petrobras on a United States exchange, during the period May 20, 2010…
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Stock Alert: Starbucks Corporation (NASDAQ:SBUX), Goldcorp Inc. (NYSE:GG), Ares Management, L.P. (NYSE:ARES), Magellan Midstream Partners LP (NYSE:MMP), KLA-Tencor Corporation (NASDAQ:KLAC)
Starbucks Corporation (NASDAQ:SBUX)‘s stock had its “neutral” rating reaffirmed by Zacks in a report released on Wednesday. They currently have a $84.00 price objective on the stock. Zacks‘s price target would indicate a potential upside of 4.39% from the stock’s previous close. Starbucks Corporation (NASDAQ:SBUX) in last trading activity advanced 2.78% to close at $83.57.…