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Thursday 11 June 2015
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Afternoon Trading Stocks Buzz - Celgene Corporation, (NASDAQ:CELG), Qihoo 360 Technology, (NYSE:QIHU), Ulta Salon, Cosmetics & Fragrance, (NASDAQ:ULTA), Quest Diagnostics, (NYSE:DGX)

On Friday, in the course of current trade, Shares of Celgene Corporation (NASDAQ:CELG), jumped 0.34%, and is now trading at $115.32.

Celgene Corporation plans to present at two forthcoming investor conferences in June where Celgene administration will provide an overview of the Company. The conferences will be webcast live and a link to the webcast will be accessible in the Investor Relations section of the Company’s website at www.celgene.com.

  • Tuesday, June 9, 2015, Celgene will present at the Goldman Sachs 36th Annual Global Healthcare Conference in Rancho Palos Verdes, CA at 10:20 am ET
  • Wednesday, June 10, 2015, Celgene will present at the 2015 William Blair Growth Stock Conference in Chicago at 9:40 am ET

Celgene Corporation, a biopharmaceutical company, discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases in the United States and Internationally.

During an Afternoon trade, Shares of Qihoo 360 Technology Co Ltd (NYSE:QIHU), dipped -2.54%, and is now trading at $52.27.

Qihoo 360 Technology, declared it has reached a contract with Coolpad Group Limited (2369.HK) to enhance its ownership stake in the COOLPAD E-COMMERCE INC., the joint venture established by the Company and Coolpad in April 2015, to 49.5% by purchasing 4.5% shares in the JV from Cooldpad in the total consideration of $45 million.

Mr. Hongyi Zhou, Chairman and Chief Executive Officer of Qihoo 360, commented, “We are very excited to enhance our ownership position in the Coolpad JV which underscores our raised confidence in the future of this JV. The two parties have worked closely together since earlier this year and we are happy with the progress we have made. We believe the Coolpad JV is a key element to our long term mobile strategy and will assist us build a stronger mobile ecosystem in the future “.

Qihoo 360 Technology Co. Ltd., through its auxiliaries, provides Internet services in the People’s Republic of China. The company operates through Internet Services and Others segments.

Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), during its Friday’s current trading session fell -0.75%, and is now trading at $154.95.

Ulta Salon, Cosmetics & Fragrance, declared financial results for the thirteen week period ended May 2, 2015, which compares to the same period ended May 3, 2014.

“The ULTA Beauty team delivered an excellent start to 2015, with better than predictable sales and earnings growth in the first quarter,” said Mary Dillon, Chief Executive Officer. “We achieved our best comparable sales growth since 2011, driven by strong traffic growth in both retail and e-commerce, market share gains across all categories, and continued successful execution of our marketing strategies. We also drove noteworthy operating margin expansion, with a healthy balance of product margin improvement and marketing and payroll expense leverage.”

Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. The company’s stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools.

Finally, Quest Diagnostics Inc (NYSE:DGX), gained 0.32% Friday.

Quest Diagnostics, declared that it is planned to speak at the Jefferies 2015 Global Healthcare Conference in New York. Steve Rusckowski, the company’s President and CEO, will talk about the company’s vision, aims and five point strategy. The presentation is planned for Tuesday, June 2, 2015 at 8:00 a.m. Eastern Time.

The presentation will be webcast live during the conference and will be accessible to registered investors on the following site: http://wsw.com/webcast/jeff88/dgx and to the public on www.QuestDiagnostics.com. In addition, the archived webcast will be accessible within 24 hours after the conclusion of the live event and will remain accessible until July 2, 2015.

Quest Diagnostics Incorporated provides diagnostic testing information services in the United States and internationally.

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