Why Baidu Inc (ADR) (NASDAQ:BIDU), 5 Others Jumped? – Verisign, Inc. (VRSN), Manhattan Bridge (LOAN), Galectin (GALT), AcelRx (ACRX), HomeAway, Inc. (AWAY)

July 25, 2014 3:35 PM

6 0

Verisign, Inc. (NASDAQ:VRSN) jumped 11.42% on Friday following earnings beat. The company said that its second-quarter net income increased to $100.18 million or $0.71 per share as compared to $86.89 million or $0.55 per share, last year. Adjusted net income for the quarter came in at $95.97 million or $0.68 per share. Analysts had predicted profit per share of $0.64 for the quarter. Revenue for the quarter was $250.38 million, compared to $239.33 million, a year ago. Analysts were looking for revenue of $251.69 million for the quarter.

Manhattan Bridge Capital Inc. (NASDAQ:LOAN) soared 27.00% after the company postponed its planned secondary offering of 2.83M shares. The deal, which is being run by Aegis, had been planned for a Thursday night pricing but has been delayed. The offering is expected to come next week, but that is unc...

Also read: Pebble Discontinuing Smartwatches After Its Sale to Fitbit

Read more

To category page

Loading...