Boston, MA 04/07/2013 (wallstreetpr) – In a major development today Eco Trade Corp (PINK:BOPT) announced that it signed a letter of intent for $5 million financing with Ambrosia Holding and Finance ltd. (Ambrosia) for development of Bakken well. Ambrosia Holding is a UK based private fund which provides finances. Manoli Vindirlis, Managing Director of Ambrosia, […]
Decliners
Paramount Gold and Silver Corporation (NASDAQ:PZG) trades down
Boston, MA 04/04/2013 (wallstreetpr) – Paramount Gold and Silver Corporation (NASDAQ:PZG) is an exploration stage company that specializes in exploration, acquisition, and development of gold, silver, and other precious metals in the United States and Mexico. Currently, the company owns 100% interest in San Miguel property in southwestern Chihuahua, Northern Mexico. The projects of Paramount […]
Three most volatile stocks – AFFY, END, FREE
Boston, MA 02/15/2013 (wallstreetpr) –Affymax Inc. (NASDAQ:AFFY) the biopharmaceutical company closed at $15.74 down by 6.92%. The recent news underlying the company AFFY has received its first approval from Food and Drug Administration for Omontys a drug for preventing anemia for dialysis patients. With this approval the company’s drug has taken a direct competition with […]
Stocks which lost the most CVU, VOCS, ELN, CALX, CHRW
Northern, WI 02/07/2013 (Wallstreetpr) -CPI Aero structures Inc (NYSEAMEX:CVU): CPI Aero structures Inc. manufactures structural aircraft parts principally for armed forces in United States, it is also the sub contractor for prime aircrafts for production of commercial aircraft parts. CUV shares fell 15.6 percent trading closed at $9.74 per share. The company announced its preliminary […]
GeoInvesting Correctly Predicts Longwei Petroleum Trading Halt, Shares Plunge 72%
Longwei Petroleum Investment Holding Limited (NYSE:LPH) shares nosedived as much as 79% on Thursday and the stock was eventually halted after a harsh, bearish report made by GeoInvesting.com was published and syndicated onto popular financial portals around 9:55AM EST. Longwei Petroleum: The Most Brazen China Based U.S. Listed RTO , a 6,815 word report that augured […]
Pressure on RIMM to reduce subscriber service fees
Research In Motion Limited (USA) (NASDAQ:RIMM) is under pressure as the sales are dripping with each quarter and now there are also problems with its carriers like AT&T etc. with the carriers demanding a cut in the subscriber service fees (a charge levied by Research In Motion Limited (USA) (NASDAQ:RIMM) on the subscribers for using […]
Bright future for Sharp Corporation (TYO:6753)
With the relief in the fear of being unable to pay its debts, Sharp Corporation (TYO:6753) in Tokyo trading witnessed the largest rise in last 38 years, that is since 1974. Amongst the major stocks, it has been one of the worst performers. Sharp Corporation (TYO:6753) heaved up by 24 percent. At 11:30 am break, […]
Get refund from FedEx for the excess amount which you paid
FedEx Corporation (NYSE:FDX) is accused of overcharging its customer by billing business and Government offices at a higher residential rate, as known from the company’s sales executive through an internal E-mail. This unfair practice is continuing from last 5 to 6 years and nobody bothers to look into the matter of overcharging the customers, as […]
400 people lose their job at Livingsocial
On Thursday, livingsocial declared a layoff of 400 employees out of which 10% are from the corporate workplace. Now in U.S the demanding and growing use of technology replaces its manpower to a minimal. Less manpower is used by the companies. Work is preferably done by machines in order to save time, energy and resources. […]
BlackBerry’s Struggle in iphone market – AAPL, RIMM, GOOG
Apple Inc. (NASDAQ:AAPL) IPhone is winning more customers, as a result of which Research In Motion Limited (NASDAQ:RIMM)’s share fell since last three weeks as BlackBerry’s U.S. market share shrank to 1.6 %. Research In Motion Limited (NASDAQ:RIMM) stock in New Work fell by 6.8% to $11.7 after a early decline of 8%.It was the […]
Overseas Shipholding Sue Citigroup, Morgan Stanley For Misleading Financial Documents
Among the underwriters who were sued by the investor in a $300 million debt submission by Overseas Shipholding Group Inc. (NYSE: OSGIQ) that filed for bankruptcy on November 14, Citigroup, Inc. (NYSE: C), Morgan Stanley (NYSE:MS) and HSBC Securities (USA) Inc. (HSBA) were included. As per the lawsuit filed in New York state court, on […]
Hormel (NYSE:HRL) Profit Increase in Other Parts of the Business – HRL, TSN, BRFS, SFD, PPC
Hormel Foods Corporation (NYSE:HRL) announced on Tuesday that it has higher quarterly earnings as losses in the firm’s hog operations were offset by profit increase in other parts of the business. The seller of Spam canned ham, Hormel meats and Jennie-O turkeys reported that net income had surged to $132.6M, or 49 cents a share, […]
Qihoo 360 (NYSE:QIHU)’s CEO Expects New Product Boost Results – QIHU, YOKU, NFLX, BIDU, SINA
Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU) surged on Wednesday as it recently announced third-quarter profit soared 18 percent as the Chinese Internet firm declared an increasing user base and a jump in revenue. The firm’s American depositary shares increased 3.8 percent to $24.60 in after-hours trading. Through the close, the equity was increase […]
Campbell Soup (NYSE:CPB) Cheers on First-Quarter Results – CPB, GMCR, GIS
Campbell Soup Company (NYSE:CPB) announced on Tuesday that its Q1 profit plunged to $245 million, or 78 cents per share, from $265M, or 82 cents per share, in the year-before quarter. Adjusted profit in the newest quarter totaled 88 cents per share. The food maker’s sales increased to $2.34 billion from $2.16 billion. Wall Street […]
Best Buy (NYSE:BBY) Plunges On Quarter Loss, Restructuring Charges – BBY, GME, RSH, CONN, HGG
Electronics retailer Best Buy Co., Inc. (NYSE:BBY) announced on Tuesday that it swing to a fiscal Q3 loss of $10M, or 3 cents per share, from a profit of $156M, or 43 cents, a year prior. Excluding restructuring charges, the firm declared it earned 3 cents per share. Revenue in the quarter ended Nov. 3 […]
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