Technicals

Emulex Corporation (ELX) Rises: Stock Moves 20.9% Higher – Tale of the Tape

Emulex Corporation ( ELX ) was a big mover last session, as the company saw its shares rise nearly 21% on the day. The rise came after the company issued its second-quarter fiscal 2015 preliminary results on Jan 13, 2014 which led to far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the near-flat price range of $5.52 to $5.81 over the past one-month time frame […]

Stock Analysts

KB Home Down 12% on Q4 Earnings Miss, 2015 View Bleak

Share price of KB Home ( KBH ) declined 12.3% as the company reported dismal fourth quarter 2014 results, missing the Zacks Consensus Estimate for earnings by a significant margin. KB Home’s adjusted earnings of 27 cents per share in the fourth quarter of fiscal 2014 lagged the Zacks Consensus Estimate of 52 cents by 48% and declined 12.9% from the year-ago earnings of 31 cents per share. […]

Stock Analysts

PNC Financial Q4 Earnings to Keep the Winning Streak Alive?

We expect The PNC Financial Services Group, Inc. ( PNC ) to beat earnings expectations when it reports fourth-quarter and full year 2014 results on Friday, Jan 16, before market opens. While management noted in its third-quarter conference call that it sees an overall challenging environment for revenue generation in the following quarters, we believe PNC Financial is likely to deliver another positive earning surprise in its upcoming release, similar to the prior three quarters of 2014. […]

Mergers & Acquisitions

Amway Acquires XS Energy Brand

Amway Acquires XS Energy Brand Strategic move enables XS to expand geographic reach, Amway to advance strategy of connecting with young entrepreneurs PR Newswire ADA, Mich., Jan. 14, 2015 ADA, Mich. , Jan […]

Mergers & Acquisitions

Inverness Graham Acquires Identity Finder, LLC

Inverness Graham Acquires Identity Finder, LLC Strategic Investment Fuels Identity Finder’s Future Product Growth, Partner Network Expansion, and Ability to Help Enterprises Discover, Automatically Classify, and Protect Sensitive Information PR Newswire NEW YORK, Jan. 14, 2015 NEW YORK , Jan. […]