SunPower Corporation (NASDAQ:SPWR) (The Motley Fool)
What happened: Shares of solar manufacturer SunPower Corp. (NASDAQ:SPWR) fell as much as 12.4% in trading Thursday morning after it reported fourth-quarter earnings and high-level 2018 guidance. The guidance figures left a lot to be desired for investors, and as of 11:54 a.m. EST, shares were still down 9% on the day. So what: SunPower’s Q4 revenue was $658.1 million, and its net loss was a whopping $568.7 million, or $4.07 per share — though that was driven by a one-time charge.
Antares Pharma Inc (NASDAQ:ATRS) (MarketWatch)
Shares of Antares Pharma Inc. ATRS, +15.90% and Amag Pharmaceuticals AMAG, +29.14% soared in premarket trade Thursday, after Amag said the U.S. Food and Drug Administration has approved their Makena subcutaneous auto injector drug-device combination product, a ready-to-administer treatment to reduce the risk of preterm birth in women who are pregnant with one baby and who spontaneously delivered one preterm baby in the past. Under the terms of a deal agreed between the two companies in 2014, Amag will make and supply the drug product to Antares, which will manufacture the device, assemble and package it for sale to Amag at cost plus margin.
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NetApp Inc. (NASDAQ:NTAP) (CNBC)
NetApp – NetApp came in 8 cents a share above estimates, with adjusted quarterly profit of 99 cents per share. Revenue was very slightly above estimates. The data management company did report an overall loss due to a one-time charge of $856 million related to the new tax law.
Solaredge Technologies Inc (NASDAQ:SEDG) (Benzinga)
Solaredge Technologies Inc shares gained 21.1 percent to $44.67 after issuing strong guidance following a fourth quarter earnings beat. A 13F filing from George Soros also showed an increased stake in the company.
AIRBUS Grp/ADR (OTCMKTS:EADSY) (The Wall Street Journal)
TOULOUSE, France-Shares in Airbus SE soared 11% after the European plane maker signaled it was starting to cash in on higher plane production and joined rival Boeing Co. in promising to build even more airliners. The world’s two biggest plane makers have benefited from a surge in demand for commercial planes, with global economic growth lifting passenger numbers, filling aircraft, and driving airlines’ appetite for expansion.
Teva Pharmaceutical Industries Ltd (ADR) ADR (NYSE:TEVA) (MarketWatch)
Shares of Teva Pharmaceuticals Industries Ltd. TEVA, +8.56% soared 8.5% active morning trade Thursday, after Warren Buffett’s Berkshire Hathaway Inc. bkr disclosed that it bought a stake in the generic drugmaker. Volume of 19.1 million shares made the stock the second-most active on major U.S. exchanges, according to FactSet. Berkshire disclosed late Wednesday in a 13F filing with the Securities and Exchange Commission that it owned 18,875,721 million Teva shares as of Dec. 31, which is about 1.9% of the shares outstanding, after owning no shares as of Sept. 31.
Aaron’s, Inc. (NYSE:AAN) (The Motley Fool)
What happened: Rent-to-own home furnishings specialist Aaron’s, Inc. (NYSE:AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. The stock is up 13.7% as of 10:55 a.m. EST, buoyed by news that Aaron’s beat Wall Street forecasts for both sales and earnings. Q4 sales came in at $884.6 million, ahead of Wall Street’s forecast $874.3 million. Pro forma profits were $0.65 per share, more than a dime better than the $0.54 that analysts had been looking for.
CAI International Inc (NYSE:CAI) (Benzinga)
CAI International Inc shares fell 21.1 percent to $21.06. CAI International reported upbeat Q4 earnings, while sales missed estimates.
salesforce.com, inc. (NYSE:CRM) (CNBC)
Salesforce.com’s “consistently strong” enterprise growth and customer demand will propel shares by more than 20 percent, according to one top Wall Street firm. Jefferies upgraded the enterprise software company’s stock to buy, saying it may benefit from less pressure from rivals as well as acceleration in its commercial customer segment. Shares of Salesforce rallied 3 percent Thursday morning; the stock is up 37 percent in the past 12 months.
Barrick Gold Corp (USA) (NYSE:ABX) (TheGlobeAndMail.com)
Shares in Barrick Gold Corp. fell in early trading as investors digested the news that the gold miner is facing lower production and higher costs over the next few years. In a conference call with analysts on Thursday, Barrick’s chief operating officer Richard Williams said while the company had made solid strides in lowering costs over the past few years, it has fallen short of achieving the US$700 an ounce all-in sustaining costs it had been targeting. Last year, Barrick’s all-in sustaining costs, the industry benchmark for costs, were US$750 per ounce, an increase of three per cent compared to 2016.
