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Shining on Major News: Zynga Inc (NASDAQ:ZNGA), Western Refining (NYSE:WNR), Capital Bank Financial NASDAQ:CBF), EnPro Industries (NYSE:NPO), Companhia de Saneamento Basico (NYSE:SBS)
Mark Pincus, the founder of Zynga Inc, (NASDAQ:ZNGA) must face a lawsuit alleging he unfairly benefited by selling $192 million of stock in 2012 when other early investors were under a lockup agreement, according to a court ruling on Nov. 17. ZNGA had asked the Delaware Court of Chancery to dismiss a lawsuit that alleged…
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Today’s Stocks: Wolverine World Wide Inc. (NYSE:WWW), HomeAway (NASDAQ:AWAY), General Growth Properties, Inc (NYSE:GGP), Capital Bank Financial Corp. (NASDAQ:CBF), JGW
On 14 October Wolverine World Wide Inc. (NYSE:WWW) reported higher third-quarter profit that exceeded analysts’ expectations on higher margins. For the third quarter ended September 6, the company’s net earnings increased to $56.7 million or $0.57 per share from $53.4 million or $0.54 per share in the previous year. On last trading day Wolverine World…
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Why Making Dramatic Moves: Galena Biopharma (NASDAQ:GALE), Office Depot (NASDAQ:ODP), Capital Bank Financial (NASDAQ:CBF), QLT Inc. (NASDAQ:QLTI), UMH Properties (NYSE:UMH)
Galena Biopharma Inc. (NASDAQ:GALE) on Monday reported a loss of $6.2 million in its third quarter. On a per-share basis, the Portland, Oregon-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring gains, came to 11 cents per share. Galena Biopharma, Inc. (NASDAQ:GALE) in last trading activity moved up 4.19% to…
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Active Stocks to Watch : Peabody Energy. (NYSE:BTU), Echelon (NASDAQ:ELON), Chicago Bridge & Iron Company N.V. (NYSE:CBI), SigmaTron (NASDAQ:SGMA), Capital Bank Financial (NASDAQ:CBF)
Peabody Energy Corporation (NYSE:BTU) pulled plugs on the $130 million sale of its Wilkie Creek mine in Australia. The company was to sell the property to Nathan Tinkler, who was once the youngest billionaire in Australia. Tinkler’s wealth profile suffered following the crash in coal prices, but he hoped to make a comeback with the…