InvestorsHub Logo
Followers 63
Posts 13745
Boards Moderated 0
Alias Born 01/05/2003

Re: hamvestor post# 365764

Monday, 08/04/2014 9:07:34 AM

Monday, August 04, 2014 9:07:34 AM

Post# of 376167
KORS & TKMR

08:44 AM EDT, 08/04/2014 (MT Newswires) -- U.S. stocks looked set to move higher Monday, after ending a rough week lower Friday, and as corporate earnings took the spotlight amid a lack of economic data.
In equities, Michael Kors (KORS) shares initially rose sharply to a pre-bell high of $95, but were recently down 4.9% at $77.80. The fashion designer reported fiscal Q1 earnings and revenue that topped the Street's view but gave guidance for Q2 and FY2015 below the Street consensus.
Among other earnings reporters, TowerJazz (TSEM) rose 4.9% on better-than-expected Q2 results, but gave Q3 guidance that was mixed compared with consensus.
Meanwhile, Tekmira Pharmaceuticals (TKMR) extended gains from Friday, rising 8% before the bell. Its TKM-Ebola Phase 1 program is currently on clinical hold by the U.S. Food and Drug Administration, but that is expected to be resolved by Q4. NanoViricides (NNVC) shares also jumped, up 9% in recent pre-market trading, after the company said it plans to restart its development program for a drug to fight Ebola virus.
Price: 77.88, Change: -3.95, Percent Change: -4.83
http://www.mtnewswires.com © 2014 MT Newswires, a Division of MidnightTrader, Inc. All rights reserved.
-----------------------
07:49 AM EDT, 08/04/2014 (MT Newswires) -- Some of the stocks moving on news-driven events in today's pre-market include:
KORS, +3.5%
MBLY, +5%
TSEM, +5.4%
TKMR, +9.4%
X, +2%
AMGN, +4.3%
Price: 84.07, Change: +2.24, Percent Change: +2.74
http://www.mtnewswires.com

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.