On Thursday, U.S. stocks edged higher, led by gains for utilities and health care companies. Pharmacyclics, a pharmaceutical corporation that makes cancer drug Imbruvica, surged after AbbVie said it would attain the corporation for $21 billion.
The Standard & Poor’s 500 index rose three points, or 0.2 percent, to 2,102 as of 10:58 a.m. Eastern. The Dow Jones industrial average climbed 46 points, or 0.3 percent, to 18,143. The Nasdaq composite gained 19 points, or 0.4 percent, to 4,986.
Insights about U.S. Stocks that are active during the current trade, are depicted underneath:
Twitter Inc (NYSE:TWTR)’s shares picked up 1.72%, and is now trading at $48.39. The Stock is active as 3.75M shares changed hands versus its average volume of 23.07M shares.
Micro-blogging site, Twitter Inc. TWTR has been benefiting from the growth in advertising revenues, which is also its primary source of revenue generation. Twitter’s unique open platform continues to attract users due to its openness, real-time content, conversational format and distribution ability.
In the recently stated fourth-quarter results, Twitter stated a 97% raise in proceeds on a year over year basis and a lower-than-predictable loss. Mobile user growth and strength in international markets were the vital growth drivers for the corporation. In the stated quarter, the corporation entered as many as 13 new markets expanding its sales footprint to 73 countries.
Twitter remains a beneficiary of the growing mobile user base across the globe. According to a report by comScore, mobile market penetration in the U.S. raised 4% sequentially in the fourth-quarter to 74.9% and the uptrend is likely to continue.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, including Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
American Eagle Outfitters (NYSE:AEO), raised 1.66%, and is now trading at $16.23, hitting new 52-week high of $16.55. The Stock is active as 3.28M shares changed hands versus its average volume of 4.15M shares.
American Eagle Outfitters, Inc. (AEO), declared a quarterly cash dividend of $0.125 per share, marking the corporation’s 43rd successive quarterly dividend. The $0.125 dividend was declared on March 4, 2015 and is payable on April 22, 2015 to stockholders of record at the close of business on April 8, 2015.
American Eagle Outfitters, Inc. (AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands.
CTI BioPharma Corp (NASDAQ:CTIC), enhanced 4.88%, and is now trading at $2.59. The Stock is active as 3.54M shares changed hands versus its average volume of 2.10M shares.
CTI BioPharma Corp. (CTIC), declared that it plans to report its fourth quarter and full year 2014 financial results on Thursday, March 12, 2015, after the close of the U.S. financial markets. Following the declaration, members of the administration team will host a webcast conference call to talk about the results and provide a general corporate update at 4:30 p.m. EDT (1:30 p.m. PDT).
CTI BioPharma Corp. is a biopharmaceutical corporation focused on the attainment, development and commercialization of novel targeted therapies covering a spectrum of blood-related cancers that offer a unique benefit to patients and healthcare providers.
Joy Global Inc (NYSE:JOY), dropped -5.65%, and is now trading at $39.75, hitting new 52-week low of $38.64. The Stock is active as 3.27M shares changed hands versus its average volume of 1.21M shares.
Formerly on February 23, Joy Global Inc. (JOY), declared that it will release fiscal first quarter 2015 earnings results before the market opens on Thursday, March 5, 2015. A conference call is planned for 11:00 a.m. EST that same day to talk about the financial results. Ted Doheny, President and CEO and Jim Sullivan, Executive Vice President and CFO, of Joy Global Inc., will host the call.
Joy Global Inc. is a worldwide leader in mining equipment and services for surface and underground mining.
