Shares of Interpublic Group of Companies Inc. (NYSE: IPG), a global advertising and marketing services company, are soaring in today’s trading after the company announced its third-quarter financial results. The company’s third-quarter earnings rose sharply, primarily due to an investment gain and better-than-expected sales in the company’s international business. At last check, Interpublic shares were [...]
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Articles published by smart_trader
Groupon planning to raise up to $540 Million from IPO
Groupon Inc. has scaled back its original plan to raise $750 million or more from its IPO. The company is now planning to raise between $480 million and $540 million from its much awaited IPO. Groupon, which provides discount deals, said in an altered prospectus filed with the SEC that it will sell 30 million [...]
A123 Systems Shares jump on GM Electric Car Deal
Shares of A123 Systems Inc. (NASDAQ: AONE), a designer, developer, manufacturer and seller of rechargeable lithium-ion batteries and battery systems, and provider of research and development services to government agencies and commercial customers, are seeing a huge rally in today’s trading. At last check, A123 Systems shares were trading 19.64% higher at $3.96, with volume [...]
Flextronics shows off Market Muscle, recovers Losses
Many of our members are making big gains off this stock – sign up for our free e-mail alerts and get in on the action today! Flextronics International Ltd. (NASDAQ: FLEX) CEO Michael McNamara said he expects the company’s revenue expansion to weaken this year as global economic growth has been softer than expected. In [...]
Major IPOs of 2011; how the Stocks have fared so Far
2011 has been a solid year for the IPO market, despite the uncertain macroeconomic environment. A number of IPOs, especially in the technology sector, have seen huge investor interest, though the momentum for some of them quickly waned. The huge demand for technology-related IPOs also raised concerns of a bubble-like the one seen in the [...]
Nasdaq Market Leader; JAKKS Pacific spikes on Takeover Offer
Many of our members are making big gains off this stock – sign up for our free e-mail alerts and get in on the action! JAKKS Pacific Inc. (NASDAQ: JAKK), a developer, producer and marketer of consumer products, received a $20 per share takeover offer from Oaktree Capital Management. Oaktree Capital said that certain funds [...]
Casino Stock to Watch; Melco Crown eyeballs Philippines Casino Project for Investment Opp
Many of our members are making gains off this stock since receiving our initial alert – sign up today! Melco Crown Entertainment Ltd. (ADR) (NASDAQ: MPEL) is planning to invest $1 billion in a casino project in Manila, Philippines, according to a report by Bloomberg. Bloomberg, citing the Philippine gaming regulator, said that Melco Crown [...]
Nasdaq Small-cap Leader; why I.D. Systems is a Top Pick
Shares of I.D. Systems Inc. (NASDAQ: IDSY), a developer, marketer and seller of wireless solutions for managing and securing enterprise assets, surged 12% in today’s late trade after the company announced that it signed an exclusive agreement with Avis Budget Group Inc. (NASDAQ: CAR) to deploy a new generation of wireless vehicle rental technology. At [...]
Earnings Review; 3 Active Stocks soaring on Solid Quarterly Results
The Wet Seal Inc. (NASDAQ: WTSLA) shares are seeing a huge rally in today’s trading after the company announced its second-quarter financial results. At last check, Wet Seal shares were trading 12% higher at $4.48, with volume up from daily average volume 1.61 million to 2.07 million. The company reported net sales of $148.8 million, [...]
Active Penny Stock in the Green; Lone Star Gold spikes
Many of our members are making big gains off this stock since our initial alert – sign up today! Lone Star Gold Inc. (OTC: LSTG) shares are rallying in today’s trading. At last check, the penny stock was trading 17.50% higher at $0.94, with volume up from daily average of 853 to 515,502. Lone Star [...]