Facebook and Starbucks Tumble in Premarket Trading
Shares of Facebook Inc. (NASDAQ: FB) have tumbled about 12% in premarket trading. The social media giant said late Thursday that its second-quarter revenue rose 32% to $1.2 billion, but the company…
Shares of Facebook Inc. (NASDAQ: FB) have tumbled about 12% in premarket trading. The social media giant said late Thursday that its second-quarter revenue rose 32% to $1.2 billion, but the company…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
U.S. stocks are poised to open higher as investors await the first reading on second-quarter U.S. GDP, and after encouraging remarks from Europe’s central bank about supporting the euro. Economists predict the…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The…
We have many stocks on the move in the after-hours session. Today was the largest day for S&P earnings this earnings season. Some of these volume spikes are massive. Acme Packet, Inc.…
Shares of Starbucks Corporation (NASDAQ: SBUX) fell sharply after hours after reporting third-quarter earnings that missed analyst expectations. Shares are down 9.36% to $47.50 in the first 20 minutes of after-hours trading. The stock…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
As of late last week we had many potentially imminent buyouts that could have hit the market. When we were just finishing the report draft on Friday is when the Amylin Pharmaceuticals,…
In what might seem to be an anomaly, retail stocks are getting dumped on today following the US Supreme Court’s ruling upholding Obamacare. An retail group, the Retail Industry Leaders Association (RILA),…
Huntington Asset Advisors has announced the launch of an actively managed exchange-traded fund via Huntington Strategy Shares called the Huntington EcoLogical Strategy Shares ETF (HECO). This is the first of two ETFs the firm…
courtesy Green Mountain Coffee Roasters Inc.Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hit today following an announcement by Kroger Inc. (NYSE: KR) that the grocery retailer will begin…
Somehow Harley-Davidson (NYSE: HOG) made it onto the Interbrand list of Best Global Brands 2011. With a valuation of $3.5 billion, it sits near smartphone giant HTC and very close to Starbucks (NASDAQ: SBUX). Its presence…
China, India, Brazil… all part of the BRIC nations along with Russia. The growth of those three nations has been slowing and the concern is growing that these nations and much of Latin…
Some investors believe that Starbucks (NASDAQ: SBUX) is spread too thickly with it efforts in Asia, additions of new energy and fruit drinks, and efforts to further conquer the grocery store business. CEO…
Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) hit a new two-year low earlier this morning but Starbucks Corporation (NASDAQ: SBUX) may be coming to the rescue. The hope is that Green Mountain’s…