NTRI traded up over $5 to close at $42.72 on Wednesday after not only beating expectations in the current quarter but raising full year profit and revenue expectations for 2006. Volume was heavy, with over 5 million shares changing hands, compared to a normal daily average of 1.4 million shares. The stock is still off […]
Look for both CAKE and PNRA to have strong days on Thursday, after Jim Cramer, host of the television show Mad Money, recommended both stocks as buys. The basic reason for these recommendations is high demand and low costs. In both companies cases, Cramer cited revenue growth and operating margins as strong points for the […]
BIDU looks to have a big day on Wednesday after reporting Q4 profits that wowed the market in afterhours. BIDU is currently up over 12% in afterhours trading, on very strong afterhours volume. Look for analyst upgrades tomorrow after this report. Analysts were looking for a profit of 8 cents per share, and BIDU came […]
IMAX had a strong day on Friday, trading up 10% to close at $8.60 after guiding earnings expectations higher for 2005. The company now sees 35-38 cents per share of profit on $145-$150 million in revenues for the 2005 year. Volume was high on Friday, with over 1.4 million shares changing hands, compared to a […]
HHGP set the market on fire on Friday, trading up over 11% to close the session at $17.52. Volume was heavy, with over 1 million shares changing hands compared to a normal daily average of 367k. Encouraging to shareholders is the fact that HHGP seemed to pick up steam throughout the day, closing the day […]
SAPE had a strong day on Friday, trading up over 18% to close at $7.65 after announcing Q4 earnings and an improved 2005 number that wowed the Street. The stock has a 52 week high of $8.96, and traded 4.9 million shares on the news, compared to a normal daily average of 1.146 million shares. […]
Should be an interesting day for RSH shareholders on Monday, after the CEO resigned amid questions about his resume. Apparently the CEO said that he had received a couple of college degrees which he didn’t actually receive. A newspaper contacted the schools in which he claimed to have graduated from, but they didn’t have any […]
EEEE dropped over 25% in heavy trading on Thursday after announcing a Q4 loss that wasn’t well-received by the Street. The stock closed at $8.89 on the day, and set a new 52 week low of $8.83 in the process. Volume was high, with over 2 million shares changing hands, compared to a normal daily […]
HLTH moved up over 11% to close at $10.05 on Thursday after saying that it may sell its business services and practice services segments. The company reported that their has been interest in these segements, so the board authorized the company to hire financial advisers to explore strategic alternatives, including possible sale of the units. […]
MRVC moved up considerably on Thursday after reporting Q4 earnings. The stock moved up over 12% to close at $3.00 even, trading over 3.4 million shares compared to a normal daily average of 683k. While still below its 52 week high of $3.84, the stock’s movement after this most recent earnings report has to be […]