Republic Airways Holdings Inc. (NASDAQ:RJET) shares fell
1.20% to $5.74 in the morning hour. The International Brotherhood of Teamsters
is calling on Republic Airways shareholders to vote for the union's proposal to
appoint an independent chairman of the board. The proposal No. 4 on the
company's proxy will be voted on by shareholders before polls close at the
company's Aug. 1 shareholder meeting.
SolarWinds Inc (NYSE:SWI) shares declined 6.41% to $39.88
after the shares of the company was downgraded by analysts at FBR Capital from
an “outperform” rating to a “market perform” rating in a research report issued
to clients and investors today. SolarWinds last posted its quarterly earnings
results on April 26, 2012. The company reported $0.30 earnings per share (EPS)
for the quarter, beating the consensus estimate of $0.25. The company’s revenue
for the quarter was up 38.8% on a year-over-year basis. Analysts expect that
the company will post $1.20 EPS for the current fiscal year.
Crocs, Inc. (NASDAQ:CROX) shares dropped 5.69% to $15.09 in
the morning hour. The 52 week trading range for the company is $14.20 - $32.47.
The stock of the company has plunged 44% in the last one year. On June 22,
2012, Benchmark Capital started coverage of CROX with a "buy" rating
and $23 price target.
Tesla Motors Inc (NASDAQ:TSLA) shares gained 1.69% to $31.51
in the early hour. The 52 week trading range for the company is $21.50 -
$39.95. The shares of the company have increased 9% in the last one year. Tesla
designs, develops, manufactures and sells electric vehicles and advanced
electric vehicle powertrain components.
Amazon.com, Inc. (NASDAQ:AMZN) shares decreased 0.32% to
$224.33 in the morning hour. On July 5, 2012, Dow Jones reported that the
company is developing a smartphone. Foxconn International Holdings Ltd of China
is working with Amazon on the device.
On July 2, 2012, Amazon.com Inc reportedly agreed to buy
mapping startup UpNext. GigaOM reported that UpNext Founders Raj Advani, Vik
Advani, Robin Har and Danny Moon will move from New York to Seattle, where
Amazon is based, to lead the e-commerce company's mapping efforts.
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