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 [...]
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A&P shares plunge on bankruptcy speculation
December 10th, 2010
davidguide
Posted in Business Structures
Tags: amp, Atlantic, bankruptcy, filing bankruptcy, food emporium, MarketWatch, New Jersey, pacific tea co, plunge, SAN FRANCISCO, Shares, speculation, Stories, supermarket, supermarket chain, supermarket operator, time
Comments OffTesla shares charge 8% higher on results
November 10th, 2010
davidguide 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 [...]
Posted in Business Structures
Tags: car maker, charge, Higher, Inc., ipo price, market pulse, MarketWatch, news, results, SAN FRANCISCO, Shares, short news, Stories, Tesla, tesla motors inc, trading, Wall Street
Comments OffPetMed Express shares drop after results disappoin
October 18th, 2010
davidguide 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 [...]
Posted in Business Structures
Tags: after, CHICAGO-, disappoin, drop, Express, market pulse, MarketWatch, menderes akdag, news, pet pharmacy, PetMed, petmed express inc, pharmacy chain, quarter, results, share, Shares, Stories
Comments OffFirst Franklin shares jump 80% on Cheviot takeover
October 13th, 2010
davidguide 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 [...]
Posted in Business Structures
Tags: Ash, blue ash ohio, Cheviot, cheviot financial corp, Corp, First, first franklin corp, Franklin, Jump, loan co, market, market pulse, news, Ohio, share, Shares, Stories, takeover, Wednesday
Comments OffShares of Citrix plunge over 9%
October 6th, 2010
davidguide 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. [...]
Posted in Business Structures
Tags: Citrix, citrix systems, citrix systems inc, Inc., July, market pulse, MarketWatch, news, Over, plunge, SAN FRANCISCO, second quarter earnings, Shares, Stories, strong run
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