Chicago Bridge & Iron Company (NYSE:CBI) updated its FY14 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $4.80-5.65 for the period, compared to the Thomson Reuters consensus estimate of $5.07, Analyst Ratings Net reports. The company issued revenue guidance of $12.6-13.2 billion, compared to the consensus revenue estimate of $13.05 billion. Chicago Bridge & Iron Company N.V. (NYSE:CBI) stock opened today at $69.25 and is currently trading at $67.43. The stock showed a negative weekly performance of -18.06%.
Google Inc. (NASDAQ:GOOGL) owned YouTube has partnered with “hundreds of major and independent” music labels to launch a paid streaming music service and plans to block some artists who do not conform to its terms for the new feature, Reuters reported. Google Inc. (NASDAQ:GOOGL) stock opened at $552.80, in current trading session and currently is at $556.75, by gaining 1.11%. The 52 week range of $422.16 – $615.42. Company’s market capitalization is 375.52 billion.
More than 20 million Americans will travel out of the country this summer, and they now have an easy and free way to stay in touch with friends and family back home – the new magicApp from magicJack VocalTec Ltd. (NASDAQ:CALL), a leading cloud-based communications company. Thanks to magicApp’s simple over-the-top (OTT) technology, international travelers are no longer encumbered by high calling rates or the need to purchase special phones when heading overseas. magicJack VocalTec Ltd (NASDAQ:CALL) stock is currently trading at $15.35. The EPS of the stock is 3.63. Company’s market capitalization is 273.72 million.
FedEx Corporation (NYSE:FDX) reported an earnings and revenue beat today on the back of higher volume in the ground segment. Its stock is up in pre-market trading to an all-time high. The company had missed earnings estimates in the last two quarters as severe weather interrupted operations, but topped projections this time by $0.10 with a earnings per share (EPS) of $0.46. Revenues for the quarter came to $11.8 billion, a 3.1% increase year-over-year and $140 million above estimates.
FedEx Corporation (NYSE:FDX) stock opened the session at $145.35, and now is at $146.49. The 52 week range of the FedEx Corporation (NYSE:FDX) stock remained $94.60 – $147.90 and the day range was $145.09 – $147.90.
Endocyte Inc. (NASDAQ:ECYT) said Tuesday it regained rights to cancer treatment vintafolide after Merck & Co. opted to drop development. Last month, the companies stopped a late-stage study of the treatment in ovarian cancer because results fell short of goals. Endocyte, Inc. (NASDAQ:ECYT) stock opened today at $6.51 and is currently trading at $6.49. The stock showed a positive weekly performance of 13.20%.