Posts Tagged ‘Shares’

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A&P shares plunge on bankruptcy speculation

SAN FRANCISCO (MarketWatch) — Shares of Great Atlantic & Pacific Tea Co. , parent of the money-losing A&P supermarket chain, plunged 62% to $1.08 in Friday morning trading. Bloomberg reported the New Jersey-based supermarket operator may soon file for bankruptcy. Executives at A&P had said Oct. 22 they were several weeks away from inking a [...]

Tesla shares charge 8% higher on results

SAN FRANCISCO (MarketWatch) — Tesla Motors, Inc. shares rallied 8% to $26.54 in early trading Wednesday after the electric car maker reported a loss a day earlier that wasn’t nearly as bad as Wall Street had expected. The stock is now up 56% from its IPO price last summer. The gains extend last week’s advance [...]

PetMed Express shares drop after results disappoin

CHICAGO (MarketWatch) — PetMed Express, Inc. stock fell 3.6% Monday after the nationwide pet pharmacy chain said earnings for its fiscal second quarter fell to $5 million, or 22 cents a share, from $6.3 million, or 28 cents a share in the year-ago quarter. Sales for the three months ended Sept. 30 fell 1.9% to [...]

First Franklin shares jump 80% on Cheviot takeover

First Franklin Corp. shares jumped 80% Wednesday after Cheviot Financial Corp. said it would buy the the Blue Ash, Ohio-based parent company of The Franklin Savings and Loan Co. for $14.50 per share, or 1.85 times the October 12 closing market price of First Franklin of $7.82 per share. First Franklin Corp. expects the merger [...]

Shares of Citrix plunge over 9%

SAN FRANCISCO (MarketWatch) — Shares of Citrix Systems Inc. plunged over 9% Wednesday following a strong run-up in stock price since early July. The shares of the software company, which closed at $42.11 on July 2, had rallied to close above $70 recently following the release of its second-quarter earnings at the end of July. [...]