Higher Stock Movers: Shutterfly, Inc. (NASDAQ:SFLY), Capri Casinos Inc (NASDAQ:ISLE), Vitacost.com Inc (NASDAQ:VITC) – Lower: Molycorp (NYSE: MCP) Paychex, Inc. (Nasdaq: PAYX) and Calamp Corp. (NASDAQ: CAMP)

0

According to the reports submitted by Bloomberg, Shutterfly, Inc. (NASDAQ: SFLY) and Qatalyst Partners are currently working together to find some appropriate buyers for Shutterfly.  As far as Isle of Capri Casinos, Inc. (NASDAQ: ISLE) is concerned, Deutsche Bank has announced that Gaming and Leisure (NASDAQ: GLPI) is willing to pay $15.80 per share for the company.

Moreover, according to the sources, Vitacost.com, Inc. (Nasdaq: VITC) has gone into an agreement with Kroger (NYSE: KR), whereby Kroger will buy all the Vitocost’s outstanding shares at the price of $8 per share. The deal is reported to have been sealed at $280 million.

According to a short seller’s article in Seeking Alpha, the shares of Molycorp (NYSE: MCP) are not worth more than $1.60 per share.

Monsanto (NYSE: MON) entered into agreements with JPMorgan Chase Bank and Goldman Sachs Corporation, whereby both contracting corporations were to buy the common stocks of the company. The estimated aggregate is reported to be around $6 billion.

Moreover, according to the reports submitted by Jefferies Holdings, a financial investment advisory firm, Vipshop Holdings (NYSE: VIPS) were given a ‘buy’ rating, with $240 as the target price.

According to the estimates for the first quarter, Constellation Brands (NYSE: STZ)’s EPS was $0.93 and the revenue was $1.41 billion. However, the actual figures were much better, with an EPS of $1.07 and the revenue of $1.53 billion.

Coming to Paychex, Inc. (Nasdaq: PAYX) estimated EPS and revenue, the market analyst firms had estimated the 4th quarter EPS of the company to be around $0.40 and the revenue to be around $617.35. Where the reported EPS of the company was aligned with the estimated one, the reported revenue was much higher than the estimates, $639 million.

The market analyst firms gave Schulman (NASDAQ: SHLM) an estimated EPS of $0.66 and an estimated revenue of $627.5 million for the third quarter of the year. However, the company’s actual EPS and revenue for the quarter were much better, $0.74 and $645.74 respectively.  Analysts have estimated that the company’s EPS for the fourth quarter will be $0.67 whereas the EPS FY 2014 will be $2.27. However, the company expects an EPS of $0.61 to $0.66 and FY EPS of $2.31 to 2.36.

Cascade Investment of Bill Gates revealed that it had bought around 356,417 shares of Republic Services (NYSE: RSG), thus bringing the total to 93,400,230 shares. Sources have it that it bought the shares at a price range of $37.688 to $37.9071.

Coming to Calamp Corp. (NASDAQ: CAMP), estimates were that the company’s EPS would be $0.18 whereas the revenue would be $57.98 million for the 1st quarter of the year. However, the company surpassed the estimates and reached the value of $0.19 and $59 million respectively. For the second quarter of the company, estimates are that the EPS would be $0.22 and the revenue will be $62.50 million, but the company is expecting an EPS of $0.17 to $0.21 and revenue of $57 million to $61 million.

Get Free Updates and Stock Alerts!



*We only send one email per week
Share.

Comments are closed.

Get Winning Stock Alerts!

Our track record speaks for itself! Our last 7 alerts have delivered combined gains in excess of 300% and there are no signs of slowing down. Join UltimateStockAlerts.com now before you miss out on our next big runner!

We will never sell or share your information.