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CONN’s swings to a Loss in Q2; Shares rally on Earnings Outlook

CONN’s swings to a Loss in Q2; Shares rally on Earnings Outlook

CONN’s Inc. (NASDAQ: CONN) today reported its second-quarter financial results. The company swung to a loss in its second quarter due to store-closure and loan payoff costs, which exacerbated a decline in revenue. For the second quarter ended July 31, 2011, the specialty retailer reported a loss of $3.43 million, or $(0.11) per share, compared with a profit of $1.61 - Continue Reading »

Biotech Stock to Watch; VIVUS Review

Biotech Stock to Watch; VIVUS Review

VIVUS Inc. (NASDAQ: VVUS), a biopharmaceutical company engaged in the development and commercialization of therapeutic drugs for large underserved markets, last week announced that the U.S. FDA accepted its New Drug Application (NDA) for avanafil for treatment of erectile dysfunction. VIVUS said that the target date for the FDA to complete the review process of the avanafil NDA is April - Continue Reading »

OTC Stock Alert – Crowne Ventures continues Gains on Smelting Momentum

OTC Stock Alert – Crowne Ventures continues Gains on Smelting Momentum

Crowne Ventures Inc. (PINK: CRWV) surged to gain 10% on the day, moving from momentum generated earlier this week when the company announced plans for its smelting operations at the Gall de Oro and Oro de Rojos properties. The company said that it began contract discussions with the engineering staff at the Penoles smelter facility in Torreon, Mexico. Penoles laboratory - Continue Reading »

Earnings Review; Ciena spikes to Gains

Earnings Review; Ciena spikes to Gains

Shares of Ciena Corp. (NASDAQ: CIEN) soared to more than 18% gains shortly after market open, moving on the company’s third-quarter financial results. At last check, Ciena shares were trading 18.63% higher at $14.52, with volume up from daily average of 6.82 million to 12.43 million. Ciena reported third-quarter revenue of $435.3 million, compared with $389.7 million reported for the - Continue Reading »

Tech Stock on the Move; JDS Uniphase Earnings Review

Tech Stock on the Move; JDS Uniphase Earnings Review

RBC Capital yesterday raised its price target on JDS Uniphase Corp. (NASDAQ: JDSU) stock from $16 to $18. JDS Uniphase, which provides communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators and network equipment manufacturers, earlier this month released its fourth-quarter financial results. JDS Uniphase reported fourth-quarter net revenue of $471.8 million, compared - Continue Reading »

Active Pink Sheet in the News; Crowne Ventures shuts-down Takeover Rumors

Active Pink Sheet in the News; Crowne Ventures shuts-down Takeover Rumors

Crowne Ventures Inc. (PINK: CRWV) is getting its share of market attention this week, driving a flurry of trading activity. The company yesterday dispelled rumors of a $4 per share buyout offer from Yumana Gold Inc. The company said that a press release about the takeover appeared without its knowledge or approval. Crowne Ventures discovered the posting on an Internet - Continue Reading »

Nasdaq Stock to Watch; OmniVision on the Rebound

Nasdaq Stock to Watch; OmniVision on the Rebound

OmniVision Technologies Inc. (NASDAQ: OVTI) shares this morning started a recovery from Friday’s plunge as investors reacted on worries that the chip-maker will lose all or some its iPhone market share. OmniVision shares climbed more than 3% at market open after closing down 30.42% lower Friday. - Continue Reading »

Stock Review; YRC Worldwide Shares reverse from Brief Spike

Stock Review; YRC Worldwide Shares reverse from Brief Spike

YRC Worldwide Inc. (NASDAQ: YRCW) reversed from yesterday’s 26.81% gains, dropping nearly 4%to $0.750 in today’s morning session. YRC has been trying to avert a bankruptcy, and last month completed a financial restructuring and issued notes for $100 million in new capital. The company expects the financial restructuring and additional capital to provide it with sufficient liquidity. - Continue Reading »

Earnings Review; Keep Zagg on your Small-cap Radar

Earnings Review; Keep Zagg on your Small-cap Radar

Zagg Inc. (NASDAQ: ZAGG) recently released its quarterly financial results, posting record results for the second quarter of 2011. Zagg, which manufactures protective coverings for phones, reported second-quarter revenue of $38.8 million, representing an increase of 158% over the same period in the previous year. The company’s second-quarter 2011 financial results include nine days of iFrogz revenue. The company completed - Continue Reading »

Leading Healthcare Stock in Focus; Pacific Biosciences of California

Leading Healthcare Stock in Focus; Pacific Biosciences of California

Pacific Biosciences of California (NASDAQ: PACB) shares surged nearly 3% to $6.28 in this morning’s trade. The company earlier this month released its second-quarter financial results. The company’s second-quarter revenue totaled $10.6 million as it began recognizing revenue from the initial commercial deliveries of its third generation sequencing platform, the PacBio RS. During the second quarter of 2011, the company delivered - Continue Reading »