Among the companies with shares expected to actively trade in Thursday’s session are Green Mountain Coffee Roasters Inc.(GMCR), Pandora Media Inc.(P) and Twitter Inc.(TWTR)
Akamai Technologies Inc.(AKAM) said fourth-quarter earnings rose 18%, helped by a jump in revenue. Shares surged 16% premarket to $55.20.
AOL Inc.(AOL) said its fourth-quarter revenue climbed a bigger-than-expected 13%, driven primarily by stronger global advertising revenue. Shares climbed 6.1% to $50.45 premarket.
Coca-Cola Co. has taken a 10% stake in Green Mountain Coffee Roasters, as the companies unveiled a 10-year agreement to collaborate on the development of a forthcoming Keurig Cold at-home beverage system. The news weighed on shares of at-home beverage carbonation system SodaStream International Ltd.(SODA) Green Mountain shares surged 41% to $113.62 premarket, while SodaStream slipped 6.9% to $38.25.
Glu Mobile Inc.'s(GLUU) fourth-quarter loss narrowed from the previous year, as the mobile-game maker reported strong success for “Deer Hunter 2014.” Results for the period were stronger than expected and Glu Mobile issued outlook targets that exceeded Wall Street’s expectations. Shares surged 21% to $4.67 premarket.
L Brands Inc.(LB) lifted its earnings guidance for the fiscal fourth quarter, as the retailer reported same-store sales for January that easily topped expectations. Shares edged up 3.3% to $53.50 premarket.
Pandora provided guidance for the first quarter and 2014 that missed the current consensus views, though the Internet-radio service continued to report strong revenue growth in its fourth quarter. Shares dropped 9.9% premarket to $32.27.
Shutterfly Inc.'s(SFLY) fourth-quarter earnings fell 18% as the e-commerce company recorded higher expenses. Shutterfly also said it expects to post a loss for the current year. Shares dropped 7.6% to $45.90 premarket.
Twitter said its fourth-quarter revenue more than doubled, thanks to a surge in advertising spending, but the site’s ability to attract new users, and keep current users engaged, is becoming a concern. Shares dropped 22% to $51.50 premarket.
Walt Disney Co.(DIS) said its fiscal first-quarter profit jumped 33%, as the company reported revenue increases across all its segments, led by the studio division. Shares edged up 3.8% to $74.49 premarket.
Yelp Inc.(YELP) said fourth-quarter loss narrowed as revenue soared, as the internet company continued to attract more visitors and added local business accounts. Shares rose 8% to $81.25 premarket.
Allstate Corp.(ALL) said its fourth-quarter profit more than doubled, boosted in part by rising insurance policies in several units and fewer catastrophes.
Cummins Inc.(CMI) said its fourth-quarter earnings rose 17%, as the supplier of engines for heavy-duty trucks reported revenue growth in its components and engine segments divisions. Sales beat expectations, but the bottom line missed.
Kellogg Co.(K) swung to a fourth-quarter profit on lower expenses and a mark-to-market benefit that offset a decline in the cereal maker’s revenue. Earnings slightly beat views.
Lincoln National Corp.'s(LNC) fourth-quarter profit rose 9.7%, as it posted higher-than-expected operating revenue.
Marathon Oil Corp.(MRO) reported lower fourth-quarter sales volume, though the crude oil and natural gas producer’s bottom line grew 16% due to fewer income tax provisions.
Noble Energy Inc.(NBL) said its fourth-quarter earnings fell 47%, as higher operating expenses offset the oil-and-gas explorer’s revenue growth. Earnings missed expectations.
O'Reilly Automotive Inc.'s(ORLY) fourth-quarter net grew 15%, as the auto-parts retailer reported higher same-store sales.
Plains All American Pipeline LP(PAA) said its fourth-quarter earnings fell 13%, hurt by weaker adjusted results at its supply-and-logistics business.
Prudential Financial Inc.'s(PRU) fourth-quarter loss widened, as the insurer recorded a jump in net investment losses, particularly due to changes in the value of the Japanese yen.
Teva Pharmaceutical Industries Ltd.(TEVA) said its fourth-quarter earnings rose 19% on stronger revenue, led by its specialty medicines. Results beat expectations.
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