PHOENIX, February 9, 2015 /PRNewswire/ — EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: Alibaba (NYSE:BABA), Frontier (NASDAQ:FTR), Akamai Technologies (NASDAQ:AKAM), Gilead Sciences (NASDAQ:GILD), Halliburton (NYSE:HAL), and Freeport-McMoRan (NYSE:FCX).
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Alibaba Group Holding Ltd (NYSE:BABA): The share of Alibaba (NYSE:BABA) began the trading session with a price of US$87.11. When day-trade ended, the stock price lost 1.52% to US$85.68 by the end of last trading session with 17.63 million shares exchanged hands, compared to daily average volume of 17.19 million. Alibaba affiliate, Ant Financial Services Group, revealed that it had signed a deal to buy a 25% stake in Indian mobile payments and e-commerce platform Paytm owner One97 Communications. India, with a big population of 1.2 billion, has encouraging demographics and the economy is also improving as a result of the investment friendly approach of the new government. The industry of Specialty Retail, Other slid about 0.51%, the competitor Amazon earned about 0.10% to the price of US$374.28. Do you think Alibaba will go on? Do you think now is a good time to buy the stock? Investors could check BABA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/020915A/BABA/Alibaba.pdf
Frontier Communications Corp (NASDAQ:FTR): The share of Frontier (NASDAQ:FTR) began the trading session with a price of US$8.00. When day-trade ended, the stock price rose 2.99% to US$7.93 by the end of last trading session with 71.37 million shares exchanged hands, compared to daily average volume of 9.08 million. The company would buy wireless assets from Verizon for US$10.54 billion, including 3.7 million voice connections, 2.2 million broadband connections, and 1.2 million FiOS video connections. Compared to its closing price of one year ago, FTR’s share price has jumped by 39.21%, exceeding the performance of the broader market during that same time frame. The industry of Telecom Services – Domestic lifted about 1.28%, the competitor CenturyLink rose about 0.34% to the price of US$38.56. Do you think Frontier will go on? Do you think now is a good time to buy the stock? Investors could check FTR earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/020915A/FTR/Frontier.pdf
Akamai Technologies, Inc. (NASDAQ:AKAM): The share of Akamai Technologies (NASDAQ:AKAM) began the trading session with a price of US$60.45. When day-trade ended, the stock price climbed 1.06% to US$61.13 by the end of last trading session with 1.80 million shares exchanged hands, compared to daily average volume of 1.25 million. Akamai Technologies is scheduled to post its latest quarterly earnings results on Tuesday, February 10th. Analysts expect Akamai Technologies to post earnings of US$0.64 per share and revenue of US$528.10 million for the quarter. The industry of Internet Information Providers rose about 0.72%, the competitor Level 3 Communications lost about 1.80% to the price of US$52.42. Do you think Akamai Technologies will go on? Do you think now is a good time to buy the stock? Investors could check AKAM earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/020915A/AKAM/Akamai.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Gilead Sciences, Inc. (NASDAQ:GILD):
Read Full Report: http://www.earningforecast.com/PR/020915A/GILD/GileadSciences.pdf
Halliburton Company (NYSE:HAL):
Read Full Report: http://www.earningforecast.com/PR/020915A/HAL/Halliburton.pdf
Freeport-McMoRan Inc (NYSE:FCX):
Read Full Report: http://www.earningforecast.com/PR/020915A/FCX/FreeportMcMoRan.pdf
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