Tag: NYSEMKT: IGC

  • Trader’s Reacp: India Globalization Capital (NYSEMKT: IGC), RetailMeNot (NASDAQ:SALE), China Ming Yang Wind Power Group (NYSE:MY), 8×8, Inc. (NASDAQ:EGHT), CDW Inc (NASDAQ:CDW)

    India Globalization Capital, Inc. (NYSEMKT: IGC)’s stock climbed 60% and gains another 13% in pre-open session. The stock gained after Indian president Pranab Mukherjee appointed Narendra Modi as the new Prime Minister of the nation. India Globalization Capital, Inc. (NYSEMKT: IGC) net profit margin is -89.50% and weekly performance is 83.91%. On last trading day company shares ended up $1.60. India Globalization Capital, Inc. (NYSEMKT: IGC) distance from 50-day simple moving average (SMA50) is 95.12%.

    On 21 MAY RetailMeNot Inc (NASDAQ:SALE) announced that its CFO Douglas Jeffries, will present at two upcoming Conferences. The first presentation will be on June 4, 2014, at Goldman Sachs Fifth Annual dot Commerce Day at the Mandarin Oriental in New York, New York, with the presentation expected to start at 7:15 a.m. CT (8:15 a.m. ET). The second presentation will be on June 11, 2014, at 9:20 a.m. CT (10:20 a.m. ET) at William Blair 2014 Growth Stock Conference to be held at The Four Seasons in Chicago, Illinois. RetailMeNot Inc (NASDAQ:SALE) shares fell -18.72% in last trading session and ended the day on $25.23. SALE Gross Margin is 93.80% and its return on assets is 1.30%. RetailMeNot Inc (NASDAQ:SALE) quarterly performance is -41.33%.

    China Ming Yang Wind Power Group Ltd (NYSE:MY) announced the quarterly financial results for the Q1 of the year 2014 recently. The gross profit for the Q1 was $30.9 million. The gross profit margin for the Q1 was 15.7% that was more than the gross profit margin of the company in the previous year. China Ming Yang Wind Power Group Ltd (NYSE:MY) shares moved down -15.15% in last trading session and was closed at $3.08, while trading in range of $3.05 – $3.48. China Ming Yang Wind Power Group Ltd (NYSE:MY) year to date (YTD) performance is 25.71%.

    8×8, Inc. (NASDAQ:EGHT) announced operating results for the fourth quarter and fiscal year ended March 31, 2014. Total revenue for the quarter increased 29% year-over-year to a record $35.8 million. Channel and mid-market sales comprised a record 39% of new monthly recurring revenue sold in the quarter, a 47% increase compared with the same period last year.

    Revenue from business customers increased 31% year-over-year to a record $35.4 million and represented 99% of total revenue.8×8, Inc. (NASDAQ:EGHT) ended the last trading day at $7.33. Company weekly volatility is calculated as 6.40% and price to cash ratio as 3.70. 8×8, Inc. (NASDAQ:EGHT) showed a negative weekly performance of -7.33%.

    CDW Corp (NASDAQ:CDW) announced the pricing of a public offering of 15,000,000 shares of its common stock held by selling stockholders at a price to the public of $28.35 per share. The underwriter has a 30-day option to purchase up to an additional 2,250,000 shares of common stock from the selling stockholders at the public offering price, less underwriting discounts. CDW Corporation will not receive any of the proceeds from the sale of the shares of common stock. The offering is expected to close on May 28, 2014.CDW Corp (NASDAQ:CDW) net profit margin is 1.40% and weekly performance is -5.39%. On last trading day company shares ended up $28.11. Analysts mean target price for the company is $32.00. CDW Corp (NASDAQ:CDW) distance from 50-day simple moving average (SMA50) is 1.37%.