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Stock of the Day

IBM’s (IBM) Earnings Miss, to Pay GlobalFoundries $1.5B for Chip Division

October 20th, 2014

Shares of International Business Machines Corp. (IBM) were trading down -12.30 or -6.76 percent to $169.75 per share in pre-market trading this morning, after the company announced it would pay $1.5 billion to GlobalFoundries to get rid of the company’s losing chip division. IBM stock closed at $182.05, up +2.21 or +1.23 percent in Friday’s
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Google (GOOG) Reports Lower than Expected Profit on Higher Sales

October 17th, 2014

Shares of Google Inc. (GOOG) were trading down -4.11 or -0.78 percent to $520.40 per share in premarket trading on Friday, after the company reported a small drop in third quarter net income with an increase in sales on Thursday after the closing bell. Google stock closed at $524.51, down -5.52 or -1.04 percent in
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Netflix (NFLX) Stock Pummeled after Lower Subscription Growth

October 16th, 2014

Shares of Netflix Inc. (NFLX) were down -115.59 or -25.77 percent to $333.00 per share in Thursday’s premarket, after the company announced earnings yesterday following the market close. While earnings were better than expected, revenue and new subscriptions failed to meet analyst forecasts. Netflix stock closed at $448.59 per share, off -0.53 or -0.12 percent
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Domino’s Pizza (DPZ) Up on Better Than Expected Earnings

October 15th, 2014

Shares of Ann Arbor, Michigan, based Domino’s Pizza, Inc. (DPZ) closed higher on Tuesday, in a market that was flat overall. The stock rose 11.33%, or $8.58 per share, to close at $84.30, on volume of 2,277,245 shares. The company reported third quarter earnings that exceeded analysts expectations, causing the stock price to surge. Founded
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JP Morgan Chase (JPM) Swings to Third Quarter Profit

October 14th, 2014

Shares of JP Morgan Chase & Co. (JPM) were down -0.26 or -0.45 percent to $57.90 per share in premarket trading on Tuesday, after the company announced early this morning its third quarter earnings had swung back to a profit. JP Morgan Chase stock closed at $58.16 per share, down -0.36 or -0.62 percent in
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iBio (IBIO) Stock Surges in Premarket after Gaining 83% Friday

October 13th, 2014

Shares of iBio Inc. (IBIO) were up +1.13 or +76.87 percent to $2.60 per share in Monday’s premarket after news that the company might have a significant role in increasing the production of the experimental drug against the Ebola virus, ZMapp. Ibio Inc. stock closed at $1.47 per share, up +0.6698 or +83.7 percent in
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Tesla Motors (TSLA) Introduces New High Performance Car, Added Safety Features

October 10th, 2014

Shares of Tesla Motors Inc. (TSLA) were off -8.01 or -3.12 percent to $249.00 per share in Friday’s premarket. The company unveiled its new vehicle along with added safety features to its Model S during an open to the public event last night in California. Tesla stock closed at $257.01, down -2.27 or -0.88% in
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Gap (GPS) Stock Off on October Sales, Announces New CEO

October 9th, 2014

Shares of The Gap Inc. (GPS) were trading down -4.15 or -9.9% to $37.75 per share in premarket trading this morning after the company announced September sales had risen just one percent from the same period one year ago. Also, the Gap named Art Peck to the position of Chief Executive Officer succeeding current CEO,
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CalAmp (CAMP) Up on Higher Second Quarter Earnings

October 8th, 2014

Shares of Oxnard, California, based CalAmp Corp. (CAMP) rose on Tuesday, defying the sharp sell-off in stocks overall. CalAmp’s stock was up $3.47 per share, or 21.03%, to close at $19.97. The price surge came on volume of 7,722,118 shares, which is about ten times its average daily trading volume. The company reported that second
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Raytheon (RTN) Wins Air Force Radar Contract

October 7th, 2014

Shares of the Raytheon Company (RTN) closed down -0.78 or -0.79 percent to $98.40 Monday on a weak day for the general market yesterday. Shares are trading +0.75 higher in this morning’s premarket after the Pentagon announced on Monday that Raytheon had beat out two other bidders in the development of a new radar system
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Tekmira Pharmaceuticals’ (TKMR) Treatment Used in First American Ebola Cases

October 6th, 2014

Shares of Tekmira Pharmaceuticals Corp. (TKMR) were down -1.86 or -6.30 percent to $27.67 per share in premarket trading this morning. The stock is trading correctively after the shares surged on Friday as news that medical facilities will be using its TKM-Ebola treatment on the first U.S. Ebola cases. Tekmira Pharmaceuticals stock closed at $29.53
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Five Stocks to Watch in October

October 3rd, 2014

The U.S. stock market saw its worst performance since January last month. September is typically a difficult month for the stock market, with the S&P 500 dropping -1.5 percent, while the tech heavy Nasdaq composite index declined -1.9 percent. Even the bellwether Dow Jones Industrial Average closed down slightly in September, declining -0.3 percent for
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Tesla Motors (TSLA) to Unveil Mysterious “D” on October 9th

October 2nd, 2014

Shares of Tesla Motors Inc. (TSLA) were trading up +8.59 or +3.58 percent to $248.83 per share in premarket trading on Thursday. The rise in the stock came after a Tweet from Elon Musk late yesterday alluding to the unveiling of a mysterious “D” and “something else”. Tesla stock closed at $240.24 per share, down
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TravelCenters of America (TA) Drops on Lower Earnings

October 1st, 2014

Shares of Westlake, Ohio-based TravelCenters of America LLC (TA) fell on Tuesday, on a marginally down day on Wall Street. TA’s stock was down 14.97%, or $1.74 per share, to close at $9.88. Volume at 1,589,358 shares was about five times normal volume for the stock. TA reported that earnings for the second quarter of
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DreamWorks (DWA) Rumored to be in Talks with Softbank

September 30th, 2014

Shares of DreamWorks Animation (DWA) surged +5.82 or +26.03 percent to $28.18 per share on Monday after an article in the Hollywood Reporter broke the news that Japanese conglomerate, Softbank would make a bid for the animation studio. DreamWorks stock subsequently declined in afterhours trading, dropping -2.08 or -7.38 percent to $26.10 per share as
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Micron Technology (MU) Up 7 Percent on 4Q Earnings

September 29th, 2014

Shares of Micron Technology Inc. (MU) were up +2.13 or +6.72 percent to $33.83 on Friday as the U.S. major market indexes gained almost one percent on the day. Micron shares gained after the company reported better than expected fourth quarter earnings on Friday. In addition, several companies upwardly revised their price target for the
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Nike (NKE) Stock Up on Earnings, Guidance

September 26th, 2014

Shares of Nike Inc. (NKE) were up +4.76 or +5.89 percent to $85.60 per share in yesterday’s after hours trading in the wake of better than expected earnings for the company’s fiscal 2015 first quarter ended on August 31st. Nike stock closed at $79.75, down -1.09 or -1.35 percent in Thursday’s regular trading session. Founded
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Magnum Hunter (MHR) Up on Record Production, Short Interest Decline

September 25th, 2014

Shares of Magnum Hunter Resources Corp. (MHR) were up +0.99 or +18.13 percent to $6.45 per share in Thursday’s premarket, after the company announced record production results for its newest well in the Utica shale of West Virginia. In addition, the company’s stock saw a large drop in short interest in August. Magnum Hunter Resources
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GoPro (GPRO) Up on Google’s Investment in YouTube

September 24th, 2014

Shares of San Mateo, California, based GoPro, Inc. (GPRO) rose Tuesday, defying markets which were down across the board. GoPro’s stock was up 6.75%, rising $4.61 to close at $72.88 per share on volume of 7,725,002 shares. The stock was up on news that Google (GOOG) is investing millions of dollars to upgrade YouTube, which
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Salix Pharmaceuticals (SLXP) to be Acquired by Allergan

September 23rd, 2014

Shares of the Salix Pharmaceuticals Inc. (SLXP) were up +12.47 or +7.80 percent to $172.30 per share in this morning’s premarket. The stock was up as much as 16 percent in afterhours trading yesterday after news that Allergan Inc. (AGN) was in talks with Salix to take over the company. Salix Pharmaceuticals stock closed at
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