Jefferies Raises Price Target on Harmonic (HLIT) to $4 Following Difficult 3Q
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Unusual 11 Mid-Day Movers 11/10: (TUBE) (DRYS) (ECPG) Higher; (ANTH) (PMTS) (AVID) Lower
November 10, 2016 12:46 PM ESTTubeMogul (Nasdaq: TUBE) 81.5% HIGHER; Adobe announced it has entered into a definitive agreement to acquire TubeMogul for approximately $540 million net of debt and cash. Under the terms of the agreement, Adobe will commence a cash tender offer to acquire all of the outstanding common stock of TubeMogul for $14 per share.
DryShips (Nasdaq: DRYS) 62.3% HIGHER; seeing high-volume tading action Thursday.
Anthera Pharmaceuticals, Inc. (Nasdaq: ANTH) 36.0% LOWER; announced that the... More
Pre-Open Stock Movers 11/10: (TUBE) (MNKD) (SODA) Higher; (HLIT) (ANTH) (NVAX) Lower (more...)
November 10, 2016 9:12 AM ESTToday's Pre-Open Stock Movers
TubeMogul (Nasdaq: TUBE) 82.5% HIGHER; Adobe (Nasdaq: ADBE) announced it has entered into a definitive agreement to acquire TubeMogul (Nasdaq: TUBE) for approximately $540 million net of debt and cash. Under the terms of the agreement, Adobe will commence a cash tender offer to acquire all of the outstanding common stock of TubeMogul for $14 per share.
EnteroMedics Inc. (NASDAQ: ETRM) 55% HIGHER; reports third quarter results.
MannKind... More
After-Hours Stock Movers 11/09: (SHAK) (OMER) (TASR) Higher; (HLIT) (AVID) (TWTR) Lower (more...)
November 9, 2016 6:34 PM ESTToday's After-Hours Movers
Harmonic (NASDAQ: HLIT) 19.1% LOWER; reported Q3 EPS of ($0.01), $0.04 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $101.4 million versus the consensus estimate of $107.24 million. GUIDANCE: Harmonic sees Q4 2016 EPS of $5.00-$0.07, versus the consensus of $0.13. Harmonic sees Q4 2016 revenue of $105.8-110.8 million, versus the consensus of $116.1 million.
Avid Technology (NASDAQ: AVID) 16.6% LOWER; reported Q3 EPS of $0.23, $0.19 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $119 million versus the... More
Harmonic (HLIT) Misses Q3 EPS by 4c
November 9, 2016 4:05 PM ESTHarmonic (NASDAQ: HLIT) reported Q3 EPS of ($0.01), $0.04 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $101.4 million versus the consensus estimate of $107.24 million.
GUIDANCE:
Harmonic sees Q4 2016 EPS of $5.00-$0.07, versus the consensus of $0.13. Harmonic sees Q4 2016... More
