Splunk Inc (NASDAQ:SPLK) shares jumped 17.05% to
$35.74 in the opening session after the company posted a second quarter net
loss of $4.58 million, or $0.05 a share, as compared with a loss of $3.91
million, or $0.20 a share, in the same quarter a year earlier. The loss
excluding certain items was $0.01 a share, smaller than analysts’ average
estimate for a $0.03 a share loss.
Can SPLK Continue To Move Higher? Find Out Here
Belden Inc. (NYSE:BDC) announced that it declared a
regular quarterly dividend of five cents per share payable on October 2, 2012
to all shareholders of record as of September 17, 2012.
Additionally, the company announced it had received,
as of 5:00 p.m. ET on August 24, 2012, tenders and consents from holders of
$291,916,000 aggregate principal amount, representing approximately 83.55% of
the aggregate principal outstanding, of its 7.0% Senior Subordinated Notes due
2017 and $182,950,000 aggregate principal amount.
OmniVision Technologies, Inc. (NASDAQ:OVTI) stock
climbed 6.54% to $16.95 after the company reported first-quarter net profit of
$2.3 million, or $0.04 per share, from $42 million, or $0.68 per share, in the
same quarter a year earlier. Revenue fell 7% to $258.1 million. Adjusted
earnings were 21 cents per share. Analysts on average had expected adjusted
earnings of $0.22 per share on revenue of $243.8 million.
Zynga Inc (NASDAQ:ZNGA) shares fell 2.45% to $2.85
in the after hour trading. after the company’s vice presidents Bill Mooney and
Brian Birtwistle have departed, following other top managers amid slowing sales
and a stock decline at the biggest maker of social games on Facebook Inc. (FB).
Additionally, the company’s Chief Creative Officer Mike Verdu has decided to
leave the social gaming firm, one of several recent departures at the company
as it has faced an erosion of investor confidence. Mr. Verdu will be starting a
new venture funded by Zynga.
Can
ZNGA Recover After The Recent Turmoil
Chesapeake Energy Corporation (NYSE:CHK) shares were
reaffirmed by Canaccord Genuity with a buy rating in a research note released
yesterday and they currently have a $26.00 price target on the stock.
Additionally, the company announced the following
ongoing, upcoming and completed roadwork projects in Bradford County to improve
regional transportation infrastructure.
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