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NYSE Market News

Vringo: Patent Monetization as new Business Model?

05 Feb 2013 @ 16:23
Vringo Inc. (AMEX:VRNG), which deals in mobile technologies and intellectual properties, has announced the filing of a law suit against Microsoft Corporation (NASDAQ:MSFT) for infringement of two patents. I/P Engine, a 100% subsidiary of Vringo filed the suit in New York.
 

Watch out for These Earnings News This Week: ADP, ARMH, CMI, CVS, EFX

04 Feb 2013 @ 16:30
Automatic Data Processing Inc. (NASDAQ:ADP): The company is scheduled to announce its quarterly earnings on 5th of February. ADP Inc. is expected to report its quarterly profit at 71 cents per share while its revenue is likely to be at $2.72 billion, up 5.4 percent from the revenue it had reported a year back for […]
 

5 Stocks Moving on News: DELL, MRK, MAT, TDW, XOM

01 Feb 2013 @ 18:18
Dell Inc. (NASDAQ:DELL): The stock is trading up after the renewed rumors about its LBO. It is expected that the deal may be announced as early as Monday. The probable deal price has been set at $15 to $16 per share.
 

Earnings Champs of the Day: DOX, FB, QCOM, SWKS, MUR

31 Jan 2013 @ 18:08
Amdocs Limited (NYSE:DOX): The company reported 7 percent increase in its first quarter profits and scored a new 52 weeks high price. Amdocs announced its first quarter net income at $99 million. Its revenue for the quarter grew 2 percent to $826.4 million.
 

Boeing Still Flying Despite 787's on the Ground

30 Jan 2013 @ 22:56
The share price of Boeing (NYSE:BA) rose $0.94 today to $74.59, a change of 1.28%, on news of the company’s 14% increase in revenue for 2012. The company turned a profit of $978 million, which is lower than 2011’s earnings by $412 million.  The profit numbers are somewhat misleading and not at all unexpected as […]
 

Buy These Stocks with High Insider Interest: FIZZ, KRO, SKT, BAC, JPM

30 Jan 2013 @ 16:43
National Beverage Corp. (NASDAQ:FIZZ): The company is involved in the business of developing and marketing flavored beverages. Its EVP of finance, George Bracken bought 400,000 shares of the company stock for $20 million. The average purchase price for the transaction stood at $50 apiece.
 

Earnings Laggards of the Day: BZH, VMW, PKX, SANM, PEBO

29 Jan 2013 @ 16:12
Beazer Homes USA Inc. (NYSE:BZH): The company slid to loss in the first quarter of the year. Beazer Homes reported its quarterly loss at $20.4 million. On per share basis, its loss stood at 84 cents per share.
 

3 Stocks to Buy, 2 to Sell: ADSK, JPM, NFLX, FLEX, GS

28 Jan 2013 @ 16:05
Autodesk Inc. (NASDAQ:ADSK): The company stock is currently trading at $38.87, down 0.31 percent from its previous close of $38.99. Autodesk received analyst upgrade from Goldman Sachs.
 

5 Stocks with Positive Earnings News: PG, HON, OSK, CRUS, SBUX

25 Jan 2013 @ 16:15
Procter & Gamble Co. (NYSE:PG): The stock is up after positive earnings news and created a new 52 week high. The company doubled its second quarter net income to $4.06 billion. It had reported its net income for the corresponding quarter of the last year at $1.39 billion.
 

Earnings Winners and Losers: LOGI, LCC, NE, LUV, MMM

24 Jan 2013 @ 16:43
Logitech International SA (NASDAQ:LOGI): The stock is down after the announcement of weak third quarter results.  Logitech International announced its revenue for the quarter at $614.5 million, lagging behind the consensus estimate of $667.9 million in sales.
 
 
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