Constellation Energy Group Inc. CEG, Change- +1.37 (4.16%)- Constellation Energy Group, Inc. (Constellation Energy) is an energy company that conducts its business through various subsidiaries, including a merchant energy business and Baltimore Gas and Electric Company (BGE). The Company's merchant energy business is provider of energy-related products and services for a variety of customers. It develops, owns, owns interests in, and operates electric generation facilities located in various regions of the United States.
Starbucks Corporation SBUX, Change- +0.59 (1.61%)- Starbucks posted a 20 percent increase in second-quarter profit, meeting analysts' projections, as more customers visited U.S. stores.
NutriSystem Inc. NTRI, change- +0.41 (2.93%)- Nutrisystem Inc. (NTRI) swung to a first-quarter loss as the weight-management company booked severance charges, lower revenue and weaker margins. But shares jumped 12% to $16.10 in after-hours trading as the results beat expectations and the company increased its 2011 full-year guidance to 55 cents to 65 cents a share.
Akamai Technologies Inc AKAM, change- +0.62 (1.54%)- Internet applications and content delivery solutions provider Akamai Technologies, Inc. (AKAM) reported Wednesday a 24 percent year-over-year increase in profit for the first quarter, boosted by double-digit revenue growth amid continued demand for cloud-based solutions. Both normalized earnings per share and quarterly revenues topped analysts' expectations.
Regeneron Pharmaceuticals Inc REGN, change- +14.91 (28.60%)- Regeneron Pharmaceuticals, Inc. is a biopharmaceutical company that discovers, develops, and commercializes pharmaceutical products for the treatment of serious medical conditions. The Company has therapeutic candidates in clinical trials for the potential treatment of cancer, eye diseases, and inflammatory diseases, and has preclinical programs in other diseases and disorders.
Citrix Systems Inc. CTXS, change- +0.64 (0.83%) - Citrix Systems reported a strong growth in profit for the first quarter. The company also boosted its outlook for fiscal 2011. Following the news, the company gained more than 4 percent in the after-hours trading in the Nasdaq.
Equinix Inc. EQIX, change- +2.81 (3.00%)- Equinix Inc.reported a 77 percent growth in profit for the first quarter. The company also provided revenue outlook for the second quarter, which is indicated to be above the Street expectations. The company gained more than 2 percent in the extended-hours trading in the Nasdaq.
The Allstate Corporation ALL, change- +0.20 (0.63%)- Thomas J. Wilson, chairman, president and chief executive officer of The Allstate Corporation said, “Allstate made continued progress on improving returns and also benefited from lower catastrophe losses in the first quarter. Operating income improved by 32.5% to $497 million and the underlying combined ratio for Property-Liability of 89.9 was within our 88 to 91 outlook range for the year.
Baidu.com Inc. BIDU, change- -1.26 (-0.83%)- Baidu CEO, Robin Li, and Jennifer Li, Baidu's Chief Financial Officer Discussed Q1 2011 Results and excited about the progress of our open application platform, which is integral to our box computing mission. Apps embedded in search result page now generate millions of clicks per day. Registered users have grown at a rate of 10 million per month as we added more and more social features such as Connect and Like to our existing products.
LoopNet Inc. LOOP, change- +0.06 (0.42%)- Levi & Korsinsky is investigating the Board of Directors of LoopNet, Inc or possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CoStar Group, Inc. CSGP. Under the terms of the transaction, LoopNet shareholders will receive $16.50 in cash and 0.03702 shares of CoStar common stock for each LoopNet share they own. The transaction has a total value of approximately $860 million.
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