Around the Market rssfeed

KLM Decided To Use Recycled Cooking Oil on 200 Flights

Posted on May 16, 2012 by Simon Bell

On Wednesday, The Dutch airline KLM announced to fly its 200 flights between Paris and Amsterdam using recycled cooking oil. The fuel used i.e  biokerosene is derived from used frying oil, which was tested to meet the same technical specifications … Continue reading →

Written by: Simon Bell on May 16, 2012.
Posted in Around the Market, Contributors | Tagged , , | Leave a comment

Sprint Nextel Gains After Announcing Debt Retirement

Posted on May 9, 2012 by Richard Carlyle

Sprint Nextel Corporation (NYSE: S) gains 4% to $2.60 in the morning hours after the company announced today the early retirement of first quarter 2012 debt maturities with an aggregate principal balance of $2.25 billion. The securities comprising the $2.25 … Continue reading →

Written by: Richard Carlyle on May 9, 2012.
Posted in Around the Market, Contributors | Tagged , , , | Leave a comment

Netflix, Inc. (NASDAQ:NFLX) Hits New 52-week Low on Lackluster Outlook

Posted on May 2, 2012 by Simon Bell

Shares of Netflix, Inc.  (NASDAQ:NFLX) are hammering down in after-hours following the company forecasted worse than estimated earnings on back of steep declines in DVD subscribers. The company said that its net income during the third quarter jumped to $62 … Continue reading →

Written by: Simon Bell on May 2, 2012.
Posted in Around the Market, Contributors | Tagged , , , , | Leave a comment

Broadcom Corporation (BRCM) Falls 5% On Poor Outlook

Posted on May 1, 2012 by Rohit Sarin

Broadcom Corporation  (NASDAQ:BRCM) shares are trading lower in the pre-market session after the company provided worse than-estimated profit forecast for the fourth quarter stating softer demand, over shadowing its better –than-estimated third quarter earnings. The company said that now it … Continue reading →

Written by: Rohit Sarin on May 1, 2012.
Posted in Around the Market, Contributors | Tagged , , , | Leave a comment

Baidu.com, Inc. (NASDAQ: BIDU) Jumps To Multi-Month Highs In After-Hours

Posted on April 30, 2012 by Simon Bell

Shares of Baidu.com, Inc. (ADR)  (NASDAQ:BIDU) are gaining in extended hours following a 5.80% jump in the regular session after the company reported about 80% jump in its profit helped by 85.10% increase in its revenue for the third quarter. … Continue reading →

Written by: Simon Bell on April 30, 2012.
Posted in Around the Market, Contributors | Tagged , , , , | Leave a comment

Amazon.com, Inc. (AMZN) Trades Below $200 In pre-Market

Posted on April 25, 2012 by Richard Carlyle

Shares of Amazon.com, Inc.  (NASDAQ:AMZN) are trading sharply lower in the pre-market session below $200 mark as the company spooked investors by forecasting worse-than-estimated earnings for its fourth quarter. Moreover the company also reported lower than estimated third quarter profit … Continue reading →

Written by: Richard Carlyle on April 25, 2012.
Posted in Around the Market, Contributors | Tagged , , , , | Leave a comment

Las Vegas Sands Corp. (NYSE:LVS) Beats Estimates By 3 cents, Shares Jumps

Posted on April 23, 2012 by Richard Carlyle

Las Vegas Sands Corp.  (NYSE:LVS) shares soared 2.58% to $46.57 extending its regular session’s of 4.44% following the company reported robust third quarter earnings. The company aid that it earned $444.8 million or 55 cents a share, topping analysts’ estimates … Continue reading →

Written by: Richard Carlyle on April 23, 2012.
Posted in Around the Market, Contributors | Tagged , , , | Leave a comment

Sohu.com Inc. report a better-than-expected Q3 financial, Shares Jump

Posted on April 20, 2012 by Richard Carlyle

Sohu.com Inc. (NASDAQ:SOHU), a Chinese online media, search, gaming, community and mobile service group reported its third quarter fiscal 2011 results. Total revenues in the quarter increased to $232.86 million, an increase of approximately 41.5% from the year-ago quarter net … Continue reading →

Written by: Richard Carlyle on April 20, 2012.
Posted in Around the Market, Contributors | Tagged , , , | Leave a comment

Earnings Preview (SSW, SIRI, SHOO, THC)

Posted on April 16, 2012 by Rohit Sarin

Seaspan Corporation (NYSE:SSW) The company is expected to report a profit of $0.29 a share on revenue of $150.67 million. In a year ago quarter, the company had reported EPS of $0.30 a share on revenue of $111.35 million. The … Continue reading →

Written by: Rohit Sarin on April 16, 2012.
Posted in Around the Market, Contributors | Tagged , , , | Leave a comment

AOL, Inc. (NYSE:AOL) Hit New Highs On Patent Deal

Posted on April 9, 2012 by Richard Carlyle

AOL, Inc. (NYSE:AOL) shares soared 45.01% to $26.71 in the early hour, its highest level in more than over a year after the company said that it has agreed to sell over 800 patents to Microsoft. AOL today announced that … Continue reading →

Written by: Richard Carlyle on April 9, 2012.
Posted in Around the Market, Contributors | Tagged , | Leave a comment