Zynga Inc (NASDAQ:ZNGA) shares gained 2.18% to $4.68. The
company will hold a conference call to discuss financial results for its second
quarter 2012 on Wednesday, July 25, 2012, at 2:00 p.m. Pacific Time (5:00 p.m.
Eastern Time), following the release of its financial results after the close
of market.
Also, Stifel Nicolaus initiated coverage on the shares of
the company with a buy rating and $8.50 target price.
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Sally Beauty Holdings, Inc. (NYSE:SBH) shares declined 7.12%
to $25.16 after the company announced preliminary results for the third-quarter
ended June 30, 2012. The company reported third quarter GAAP net earnings of
$69.5 million, up 0.5% from $69.1 million in the year ago quarter. GAAP
earnings per share were approximately $0.37, flat when compared to fiscal 2011
third quarter GAAP earnings per share of $0.37.
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SS and C Technologies Holdings Inc (NASDAQ:SSNC) shares fell
4.51% to $24.78 after the company announced that the previously announced
public secondary offering of 7 million shares of its common stock offered by
investment funds affiliated with The Carlyle Group to Citigroup, acting as
underwriter for the offering, has been offered by the underwriter to purchasers
in one or more transactions directly or through agents, or through brokers in
brokerage transactions on The NASDAQ Global Select Market, or to dealers in
negotiated transactions or in a combination of such methods of sale, at a fixed
price or prices that may be changed, or at market prices prevailing at the time
of sale, at prices related to such prevailing market prices or at negotiated
prices.
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Yahoo! Inc. (NASDAQ:YHOO) shares gained 0.32% to $15.65
after the company reported a decline of 4.2% in net income at USD 228.4 million
for the second quarter, as compared to net income of USD 238.5 million in the
year ago period. The company's revenue stood at USD 1.08 billion in the second
quarter of 2012, as against USD 1.07 billion in the year ago period.
Intel Corporation (NASDAQ:INTC) stock gained 3.61% to $26.29
after the company posted second quarter net income of $2.83 billion, as
compared to $2.95 billion in the same quarter last year. Earnings per share
were flat at $0.54 on fewer shares outstanding in the most recent period.
Revenue rose to $13.5 billion, as compared to $13 billion in the year ago
period.
Additionally, Credit Suisse reissued their outperform rating
on shares of Intel and has a $35.00 target price on the stock.
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