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Vivendi SA (EPA:VIV) misses profit estimates

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by Brendan Byrne - 15 May 2013

Boston, MA 05/15/2013 (wallstreetpr) – The quarterly profits of Vivendi SA (EPA:VIV) missed the estimates of analysts due to price cuts in its units. The earnings before interest and taxes of the company fell by 21 percent to 1.18 billion euros, where the analysts estimated as 1.26 billion euros. Revamp...

Advancers

TSPS initiates coverage on HPC POS System Corp (OTCMKTS:HPCS): Surges after pump

HPCS

HPC POS System Corp (OTCMKTS:HPCS) experienced a once in life time type of surge today closing with gains of more than 495%. Thanks to a non compensated stock promotion launched by (TSPS) TopSecretPennyStocks.com and StockMister.com, HPCS traded with a record volume of more than 3.96M shares. The stock opened at 0.0094 compared to its previous close of 0.004 and soon hit the days high of 0.04. That’s...

Decliners

Eco Trade Corp (PINK:BOPT) plunges by 32.17%

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Boston, MA 04/07/2013 (wallstreetpr) – In a major development today Eco Trade Corp (PINK:BOPT) announced that it signed a letter of intent for $5 million financing with Ambrosia Holding and Finance ltd. (Ambrosia) for development of Bakken well. Ambrosia Holding is a UK based private fund which provides finances. Manoli Vindirlis, Managing Director of Ambrosia, stated, “We are extremely excited...

NASDAQ high profiles

Cisco Systems Inc. (NASDAQ:CSCO) earnings beat estimates

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The investor concerns over network stocks are effectively overcome with Cisco Systems Inc. (NASDAQ:CSCO) reporting third quarter earnings which beat analysts’ estimates. The revenues of the company were reported at $12.2 billion which translated into $0.51 per share while the analysts at Thomson Reuters had estimated at $0.49 earnings per share. Increase in Revenue The revenue of Cisco Systems...

Small Cap Stock News

Hedge funds bullish on Quicksilver Resources Inc (NYSE:KWK) – END

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Boston, MA 04/07/2013 (wallstreetpr) – Quicksilver Resources Inc (NYSE:KWK) was up by 4.62% and closed to $2.49. The 52-week range of the stock is $1.62 and $5.90; the range of the stock in its previous session was $2.28 and $2.64. With an average volume of 5.45 million shares around 5.18 million shares have exchanged hands in its previous trading session. The stock has a negative EPS of $7.99...

Rumors

Unemployment rate to remain above 6%

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The former Federal Reserve Chairman noted that the sluggish growth of economy in the United States will prevent any reduction or cuts in the jobless rate, which is prevailing at present. He quotes the absence of increase in labor force as the reason behind the minimal decline in unemployment recently. Jobless rate The unemployment rate in United States had remained at 8.1 percent in the previous...