Login ID:
Password:
Partner Login
Contact Us : 7066511911

Charting the Market -- Barrons.com

24 Jun 2017 4:15 am
Bill Alpertand David Schutt 

Oracle

The software giant said earnings will accelerate, after reporting that cloud computing revenue rose by 64% in the May quarter. Salesforce.com, beware.

Bed Bath & Beyond

May-quarter sales and profit missed expectations for the retailer. Instead of 66 cents a share, it posted 53 cents. Despite online growth, comp-store sales fell 2%.

Blackberry

Although the wireless device vendor surprised investors with a May-quarter profit, its revenue fell 41% from the prior year's quarter. It will buy back stock.

Clovis Oncology

A late-stage trial of the company's drug for ovarian cancer improved survival rates. Within four months, Clovis will file for marketing approval from the FDA.

Advanced Micro Devices

Hoping to again challenge Intel in data-center chips, the company unveiled its new Epyc microprocessor. Analysts applauded its performance.

La-Z-Boy

Although sales fell 1% in the April quarter, the furniture maker earned 57 cents a share -- well ahead of the 46 cents expected, as well as the prior-year's 45 cents.

CA

In a match analysts loved, privately held BMC Software was reported to be considering buying the big enterprise software maker and taking it private.

Synchronoss Technologies

Private-equity firm Siris Capital has made an all-cash takeover offer of $18 a share for the maker of telecom customer-management software.

EQT

Wall Street warmed to the oil & gas company's bid for Rice Energy. Rising oil prices helped, as did its CFO's share purchase on midweek weakness.

Steelcase

The office-furniture maker reported less-than-expected fiscal first-quarter results as revenue rose 2.3% and adjusted earnings fell.

Winnebago Industries

Fiscal third-quarter sales and earnings topped expectations for the RV maker as revenue surged 75%, due to organic growth and acquisitions.

Barnes & Noble

While less than stellar, the bookseller's fiscal fourth-quarter performance improved. Losses narrowed. Cost cuts reduced the effect of falling revenue.

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week's daily price activity in detail. The dotted line on some graphs denotes the stock's 200-day moving average; lack of a moving average means the shares have traded for less than that time period.

Email: editors@barrons.com
 

(END) Dow Jones Newswires

June 24, 2017 00:15 ET (04:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
Disclaimer
Top 5 Special Reports
USD/INR (Jul 20) Distributional Chart Pattern / Top ...
USD/INR (Jul 20) Distributional Chart Pattern / Top ...
USD/INR (Jul 20) Distributional Chart Pattern / Top ...
Charts Indicate Declining Refining Margins in White Su...
Weekly: ICE Sugar Slides on Weak Whites, Dull Demand & ...