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Zacks #1 Stocks on the Move 05/22/2013
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
| FLOWERS FOOD | FLO | 4.31% |
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• Marvell Technology Group Ltd. (NASDAQ: ( MRVL - Snapshot Report ) reported first quarter fiscal 2012 adjusted earnings per share of 24 cents, 2 cents shy of the Zacks Consensus Estimate of 26 cents. Despite the miss, shares increased 8.86% in after-market trade on encouraging second quarter guidance
• Graham Corp. (AMEX: ( GHM - Snapshot Report ) reported fourth quarter EPS of 27 cents, ahead of the Zacks Consensus Estimate of 19 cents per share
• Google Inc. (NASDAQ: ( GOOG - Analyst Report ) was sued by eBay Inc.'s (NASDAQ: ( EBAY - Analyst Report ) PayPal over allegations of stealing mobile payment technology trade secrets
• Morgan Stanley (NYSE: ( MS - Analyst Report ) downgraded AFLAC Inc. (NYSE: ( AFL - Analyst Report ) to equal weight
• It was reported that MedcoHealth Solutions Inc. (NYSE: ( ) will lose the Federal Employee Program contract to CVS Caremark Corporation (NYSE: ( CVS - Analyst Report ) , effective January 2012
• The Goldman Sachs Group, Inc. (NYSE: ( GS - Analyst Report ) upgraded its rating on Nasdaq OMX Group Inc. (NASDAQ: ( NDAQ - Analyst Report ) to buy after the latter failed to successfully bid for NYSE Euronext, Inc. (NYSE: ( NYX - Analyst Report )
• Comments from FBR Capital Markets Corporation (NASDAQ: ( ) stating that growing demand for smartphones will benefit Broadcom Corp. (NASDAQ:BRCM) lifted BRCM's share price by 5.4%
• Deutsche Bank AG (NYSE:DB) downgraded Weyerhaeuser Co. (NYSE:WY) to Sell from Hold
• Wells Fargo & Company (NYSE:WFC) upgraded Entergy Corporation (NYSE:ETR) to Outperform from Market Perform
Read the full Snapshot Report on MRVL
Read the full Snapshot Report on GHM
Read the full Analyst Report on GOOG
Read the full Analyst Report on EBAY
Read the full Analyst Report on MS
Read the full Analyst Report on AFL
Read the full Analyst Report on CVS
Read the full Analyst Report on GS
Read the full Analyst Report on NDAQ
Read the full Analyst Report on NYX