Month: August 2011

San Francisco, California-based Core-Mark Holding Company, Inc. ( CORE ) recently posted second quarter 2011 adjusted earnings of 81 cents per share, below the Zacks Consensus Estimate of 91 cents per share, but better than the year-ago performance of 76 cents per share. […]

Yesterday, share prices of Chinese micro-blog “weibo” provider SINA Corp . ( SINA ) witnessed a surge of 7.0% ($6.82), following the announcement that Baidu Inc .’s ( BIDU ) micro-blog platform “Shuoba” was shutting down. Baidu, which is the largest search engine in China, launched Shuoba in the latter half of 2010. […]

Norfolk Southern Corp. ( NSC ), one of the leading U.S. […]

Amid the economic turmoil that has shrouded the U.S. for the last couple of weeks, the gaming industry seems to be the latest victim as figures released by The NPD Group, a market research firm, reported that the gaming industry has shrunk 26.0% in July from the comparable-previous year. […]

A developer of audio products and electronic systems, Harman International Industries Inc . ( HAR ) reported fourth quarter 2011 earnings of 34 cents per share, which substantively missed the Zacks Consensus Estimate of 52 cents by 18 cents. […]

MannKind Corporatin ( MNKD ) recently announced that it has confirmed with the US Food and Drug Administration (FDA) the design of the clinical trials for its diabetes candidate, Afrezza. In the complete response letter (CRL) issued in January 2011, the regulatory body had asked MannKind to conduct two trials of Afrezza, one in patients with type I diabetes and one in patients with type II diabetes. […]

Following a record four back-to-back 400+-point moves in the Dow, will we close the week on an equivalent sized move on Friday as well? There is certainly no shortage of data, both here from the U.S. as well as from across the pond in Europe, that can provide the catalysts for moves in any direction. But if we have learned anything from the rollercoaster ride of recent days, it is that foretelling the direction of the market’s day-to-day moves has become extremely difficult, if not altogether impossible. […]

Constellation Energy ( CEG ) has signed a three-year agreement with the Commonwealth of Pennsylvania to supply electricity to 185 more commonwealth customers. This will bring the total number of public sector accounts that the company serves in Pennsylvania to 5,900. Pursuant to a competitively bid power purchase contract with the state’s Department of General Services, Constellation Energy started supplying energy to the 185 new customers throughout the state on August 1, 2011 […]