After-Hours Stock Movers 08/31: (CYNA) (OXM) (OLLI) Higher; (CRM) (SCVL) (FIVE) Lower (more...) Aug 31, 2016 05:46PM

After-Hours Movers

Cynapsus Therapeutics Inc. (NASDAQ: CYNA) 119% HIGHER; Sunovion Pharmaceuticals Inc. and Cynapsus Therapeutics Inc. (NASDAQ: CYNA) announced that the companies have signed a definitive agreement under which Sunovion will acquire Cynapsus for US$40.50 per share in cash. The transaction has received unanimous approval by the Board of Directors of both companies and values Cynapsus at approximately US$624 million (or approximately CAN$820 million). The... (continue reading...)


Notable 52-Week Highs and Lows 8/31: (VEEV) (MOMO) (AUDC) High; (GIII) (NAVB) Low Aug 31, 2016 03:46PM

52-Week High:

  • Veeva Systems (NYSE: VEEV) $42.58. Veeva Systems reported Q2 EPS of $0.15, which was $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $131.3 million versus the consensus estimate of $126.57 million. The company sees FY2017 EPS of $0.60-$0.61, versus the consensus of $0.57. Veeva Systems sees FY2017 revenue of $525-528 million, versus the consensus of $518.3 million.

  • Momo Inc. (Nasdaq: MOMO) $22.83. JPMorgan assumed... (continue reading...)

Trading Radar for 9/1: lululemon (LULU), Joy Global (JOY), Campbell Soup (CPB), Ciena (CIEN), Ambarella (AMBA) Report Aug 31, 2016 02:18PM

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:Economics:8:30am EDT

  • Initial Claims - Street sees 265k
  • Continuing Claims - no Street consensus
  • Productivity: Rev. - Street sees (0.6%)
  • Unit Labor Costs: Rev. - Street sees 2.1%

Earnings:

Campbell Soup (NYSE: CPB) - consensus EPS $0.50Ciena (NYSE: CIEN) - consensus EPS $0.38Genesco (NYSE: GCO) - consensus EPS $0.27Itron (Nasdaq: ITRI) - consensus EPS $0.43Joy... (continue reading...)


Unusual 11 Mid-Day Movers 8/31: (SPU) (MTRX) (SINO) Higher; (ATOS) (HEB) (AVAV) Lower Aug 31, 2016 12:57PM

SkyPeople Fruit Juice (Nasdaq: SPU) 31.5% HIGHER; speculation that GeoInvesting is positive on the stock and has a price target of $25.

Atossa Genetics, Inc. (Nasdaq: ATOS) 27.8% LOWER; announced the pricing of an underwritten public offering of 1,150,000 shares of its common stock at a price to the public of $2.50 per share. The gross proceeds to Atossa Genetics, Inc., from this offering are expected to be approximately $2,875,000, before deducting underwriting... (continue reading...)


Streetinsider.com's Hot Lunchtime Reads 8/31: (NFLX) (TWTR) (CMG) (BLOX) Aug 31, 2016 12:26PM

The following is a list of notable articles to help get you through the lunch hour:

  • Infoblox (BLOX) Said in Talks with PE Firms Over Potential Sale - Read this!

  • Canaccord Sees DSW (DSW) Valuation as Fair Following Q2 Results; Affirms at 'Hold' - Read this!

  • Leon Cooperman Exits Neflix (NFLX) Stake, Says Someone Will Buy Them - CNBC - Read this!

  • Twitter (TWTR) Rumors Resurface Following Comments from Co-Founder Evan Williams - Read this!

  • Hedgeye Sees Additional 50% Downside in... (continue reading...)

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