News/Press Release

Palm, Inc. (NASDAQ:PALM) plunged over 7% to $10.87 after it posts wider-than-estimated loss. The company reported  a net loss of $81.9 million, or 54 cents a share in its fiscal second quarter. Excluding items, Palm posted a loss or 37 cents a share, which was wider than the analyst forecast for a loss of 32 [...]

Oracle Corp. (Nasdaq: ORCL) climbed 3.80% to $23.75 after its Q3 fiscal second-quarter beats the estimates. During the quarter net income rose to $1.5 billion, or 29 cents a share, from $1.3 billion, or 25 cents a share in a year ago period. Revenue alos rose 4% to $5.9 billion. Excluding special items, Oracle said [...]

Luby’s Inc. (NYSE: LUB) fell over 7% after it reported Q1 loss of $0.10, versus a loss of $0.05 in Q109. Revenue for the quarter was $48.4 million, compared to $57 million in the same quarter last year. Quarterly comps were down 13.3%.
Darden Restaurants (NYSE: DRI) fell 2.30% to $32 after it reported Q2 EPS [...]

Somaxon Pharmaceuticals, Inc. (NASDAQ: SOMX) jumped over 15% to $1.14 in the after hours after  it announced that it is scheduled to meet with the U.S. Food and Drug Administration (FDA) on January 20, 2010 to discuss the New Drug Application (NDA) for Silenor (doxepin) for the treatment of insomnia.
SMART Modular Technologies (Nasdaq: SMOD) rose [...]

Technitrol, Inc. (NYSE:TNL) went down 16.82% to $4.50 on 1.62 million shares after the company announced that it has commenced and priced an offering of $50 million aggregate principal amount of 7.00% convertible senior notes, due in 2014. The notes are being offered and sold to qualified institutional buyers who are also accredited investors in [...]

Prudential Financial, Inc. (NYSE:PRU) surged 3.78% to $51.01 on 7.17 million shares after Wells Fargo & Co. and Prudential Financial, Inc. announced that Wells Fargo & Co. will pay $4.5 billion in cash to purchase Prudential Financial, Inc.’s non controlling interest in their retail brokerage joint venture, which includes Wells Fargo Advisors, LLC (collectively, Wells [...]

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is forecast to post earnings of 9 cents a share in the fiscal fourth quarter on $340.43 of revenue. Take-Two Interactive Software, Inc. is a global publisher, developer and distributor of interactive entertainment software, hardware and accessories.
Research In Motion Limited (USA) (NASDAQ:RIMM) is expected to report earnings of $1.04 a [...]

Oracle Corporation (NASDAQ:ORCL) is expected to post earnings of 36 cents a share in the fiscal second quarter on 5.69 billion of revenue. Yesterday, the stock closed at $23.12. Oracle Corporation (Oracle) is an enterprise software company. The Company develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that [...]

Conseco, Inc. (NYSE:CNO) fell 3% in the after-hours after it has priced an underwritten public offering of 45,000,000 shares of its common stock at a public offering price of $4.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 4,500,000 shares of the Company’s common [...]

Nanometrics Incorporated (NASDAQ:NANO)  fell 5.14% to $11.80 after Nanometrics, Inc. announced that it intends to offer shares of common stock in an underwritten public offering. Vincent Coates, the Company’s founder, also intends to offer shares of common stock in the offering. Piper Jaffray & Co. is acting as the sole book running manager of the [...]