Join Hot Penny Stocks Free Newsletter Today! Enter First Name: Enter Email Address: This is the Place to know what Penny Stock to buy! … The stock was the leading scrips in today’s fall, with losing nearly 4%. HCL Tech was down 2.5%
Cisco Systems Inc. (Nasdaq: CSCO), said on Tuesday that that it will be shutting down its Flip Video camcorder unit as it attempts to re-prioritize its business. Cisco is trying to restructure its business after being involved in too many challenging investments which have affected its earnings each quarter
Level 3 Communications Inc. (Nasdaq: LVLT) made an announcement on Monday that it will purchase an internet carrier, Global Crossing Ltd.
Level 3 Communications Inc. (Nasdaq: LVLT) made an announcement on Monday that it will purchase an internet carrier, Global Crossing Ltd
American Superconductor (Nasdaq: AMSC), which makes wind-turbine motors and supplies, drastically cut its expected outlook for the fourth quarter on Wednesday, after its top customer declined to receive parts from a large shipment. On Wednesday during after market trading, American Superconductor shares fell 44 percent after it issued a statement that revealed that its largest
Texas Instruments Inc. (NYSE: TXN) announced on Monday that it will acquire competitor National Semiconductor (NYSE: NSM) for $6.5 billion cash, as it will expand its chip business. TI said on Monday that it has agreed to pay National Semiconductor shareholders, a 78 percent premium of its closing price on Monday which was $14.07.
Office Depot (NYSE: ODP) said on Friday that due to a denied tax credit approval, it will need to reinstate its statements for the second and third quarter and full year, which caused shares to fall more than 14 percent. Office Depot said that the IRS denied a $80 million tax benefit which the company
Qihoo 360 Technology Co. (NYSE: QIHU) on Wednesday began its first day of trading on the New York Stock Exchange and saw its IPO jump more than 125 percent
Sealy Corp. (NYSE: ZZ) reported on Wednesday that during its first quarter it earnings fell to a loss, as it saw a sharp decline in sales and increased advertising costs. Sealy said on Wednesday that for its first quarter which ended on February 27, it posted a loss of $902,000, or 1 cent per share,
Xoma Ltd. (Nasdaq: XOMA) shares fell on Wednesday after results of its diabetes treatment study failed to be successful in lowering blood sugar. Shares fell 40 percent during pre market trading.
Yesterday’s session of Tootie Pie Company, Inc. ( PINK:TOOT ) went under the influence of a paid promotion which didn’t manage to stimulate the volume very much, but at least a price jump of 14% was achieved at the close. The campaign started on Monday after the closing bell, when AllPennyStocks distributed a newsletter about TOOT aiming to give a boost to the next day’s trading session
Sony Corp. (NYSE: SNE) announced on Tuesday that it plans on suspending operations at some plants in Japan due to the supply shortages of raw materials. “The company intends to resume manufacturing operations at each of those sites as it secures raw materials and components,” Sony said in a statement.
Curis Inc. (Nasdaq: CRIS), Drug developer based in Cambridge Mass., said on Monday that during a mid phase trial for a cancer treatment with Roche’s Genentech, both companies saw positive results.
Human Genome Sciences Inc. (Nasdaq: HGSI), a drug developer announced on Wednesday that it has entered into an agreement with FivePrime Therapeutics Inc. to create a cancer treating drug.
Dole Food Co Inc. (NYSE: DOLE) on Monday announced that during its fourth quarter its earnings fell to a loss as its costs rose due to weather related damages. Dole said that its earnings were hurt by bad weather, which hurt its banana crops in Latin America and banana pricing fell through out all Asian
H&R Block Inc.
Quiksilver Inc. (NYSE: ZQK), said on Thursday that its first quarter loss increased as its earnings included a one time charge for the quarter but still managed to meet analyst expectations. Quiksilver said on Thursday that for the first quarter which ended on January 31, it posted a loss of $16.3 million, or 10 cents