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Benzinga's Volume Movers
Tuesday, June 28, 2011 - 9:39am | 172Copart Inc (NASDAQ: CPRT) shares surged 1.41% to $46.07 at 10:38 am. The volume of CPRT shares traded was 1210% higher than normal. CPRT's trailing-twelve-month operating margin is 30.74%. Standard Microsystems Corporation (NASDAQ: SMSC) shares moved up 6.04% to $25.46. The volume of SMSC shares...
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Bank of America Reiterates Buy on Apollo Group
Tuesday, June 28, 2011 - 7:55am | 43Bank of America reiterated its Buy rating on Apollo Group (NASDAQ: APOL). At the moment, Bank of America has a price target of $50 placed on the company's stock. On Monday, Apollo finished the day at $41.88.
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Oppenheimer Reiterates Outperform on New Oriental Education & Technology Group
Tuesday, June 28, 2011 - 7:37am | 42Oppenheimer reiterated its Outperform rating on New Oriental Education & Technology Group (NYSE: EDU). At the moment, Oppenheimer has a price target of $156 placed on the company's stock. On Monday, EDU closed the day at $107.68.
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Oppenheimer Has Outperform On New Oriental Education & Technology Group
Tuesday, June 28, 2011 - 7:12am | 167Oppenheimer & Co. has an Outperform rating and a $156 price target on shares of New Oriental Education & Technology Group (NYSE: EDU). In a note to clients, Oppenheimer & Co. writes, "We anticipate strong growth momentum will continue at EDU. We forecast 34%/4% revenue/enrollment (...
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US Stock Futures Up Ahead Of Consumer Spending Data; All Eyes On Greek Crisis
Monday, June 27, 2011 - 5:07am | 271US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 34 points to 11,915.00 and futures on the S&P 500 stock index rose 4.90 points to 1,267.90. Nasdaq 100 futures jumped 9.25 points to 2,217.00. US...
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Stocks To Watch For June 27
Sunday, June 26, 2011 - 11:04pm | 188Some of the stocks that may grab investor focus today are: Wall Street expects Nike Inc (NYSE: NKE) to report its FQ4 EPS at $1.16 on revenue of $5.54 billion. Nike shares fell 1.23% to close at $81.18 on Friday. Analysts are expecting Park Electrochemical Corporation (NYSE: PKE) to have earned $...
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Stocks to Watch for 6/24/11: Fresh 52 Week Highs and Lows
Friday, June 24, 2011 - 3:30am | 2005Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session: 1) Bristol-Myers Squibb (NYSE: BMY): Shares of Bristol-Myers Squibb hit a 52-week...
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Biotech/Pharma Stocks; Take A New Approach to Cancer
Monday, June 20, 2011 - 12:40pm | 1617Point Roberts, WA- June 17, 2011- Investorideas.com , an investor research portal specializing in sector research including biotech and pharma stocks, reports on advances in Cancer Immunotherapy featuring Aethlon Medical (OTCBB: AEMD), Bristol-Myers Squibb Company (NYSE: BMY), Dendreon Corporation...
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Morning Market Losers
Monday, June 20, 2011 - 8:50am | 116China Distance Education Holdings Limited (NYSE: DL) dipped 26.59% to $1.85 at 9:45 am. DL's trailing-twelve-month ROE is -2.97%. A-Power Energy Generation Systems Ltd (NASDAQ: APWR) shares dropped 26.49% to $1.36. APWR reported that Mr. Robert B. Leckie resigned from A-Power's Board of Directors...
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Oppenheimer Reports Falling Volumes On Lender Processing Services
Friday, June 17, 2011 - 7:47am | 120According to Oppenheimer, Lender Processing Services (NYSE: ESI) is buzz-cutting estimates as volumes fall. Oppenheimer said that it is not particularly surprised by LPS's earnings pre- announcement, but the magnitude of the miss is startling. “Citing soft fundamental trends, 2Q:FY11 guidance (...
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Deutsche Bank Comments On ITT Education Services' Initiatives
Friday, June 17, 2011 - 7:43am | 119According to Deutsche Bank, ITT Education Services (NYSE: ESI) announces company initiatives in response to GE. Deutsche Bank said that, presenting at a competitor conference today, ESI management outlined initiatives the company is adopting in response to the Dept of Education's (DoE) final...
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Benzinga's Top Pre-Market NASDAQ Gainers
Friday, June 17, 2011 - 7:11am | 144Zoran Corporation (NASDAQ: ZRAN) shares advanced 18.06% to $8.50 in the pre-market session. CSR will acquire Zoran for a reduced price of $484 million. Spreadtrum Communications Inc (NASDAQ: SPRD) shares advanced 6.62% to $13.85 in the pre-market session. SPRD's Board of Directors authorized a...
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ChinaCast Education Repurchases Over 900K Shares; Sees 2011 EPS of $0.64 to $0.68
Thursday, June 16, 2011 - 6:01am | 116ChinaCast Education Corporation (Nasdaq: CAST) today is providing an update to shareholders. From May 12, 2011, through June 15, 2011, the Company has repurchased approximately 915,503 shares of stock at an average price of $4.747 under its $50 million corporate share buyback plan Total net...
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Benzinga's Volume Movers
Wednesday, June 15, 2011 - 9:31am | 174Universal Stainless & Alloy Products Inc (NASDAQ: USAP) shares surged 5.60% to $33.01 at 10:30 am. The volume of USAP shares traded was 461% higher than normal. USAP announced its plans to buy the assets of Patriot Special Metals of North Jackson, Ohio, for around $104.5 million NetApp Inc (...
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Noah Announces Share Repurchase Program of $15M ADS and Management Changes
Wednesday, June 15, 2011 - 7:01am | 84Noah Education Holdings Ltd. (NYSE: NED) today announced that the board of directors of the Company has authorized a new program to repurchase up to US$15 million American Depositary Shares, each representing one Noah ordinary share, on or before June 30, 2013. The share repurchase program will...