Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user!
G-III Apparel Group, Ltd. GIII stock was trading higher by nearly 15 percent early Tuesday morning in reaction to a first-quarter earnings beat in which the company earned 22 cents per share on revenue of $612 million versus expectations of a 6-cent per share loss on revenue of $567.36 million. The apparel company also revised higher its full-year 2019 sales outlook as well as lifting its net income guidance
Verastem Inc VSTM was trading higher by more than 5 percent after the oncology company detailed a new license agreement in Japan. As part of the agreement, Japan-based pharmaceutical company Yakult will pay Verastem $10 million upfront and up to $90 million in future milestones in exchange for developing and commercializing Verastem's duvelisib therapy.
Navistar International Corp NAV was trading higher by more than 3 percent. The commercial and military trucks and associated parts maker reported mixed second-quarter results, but lifted its 2018 sales outlook from a range of $9.25-$9.75 billion to a new range of $9.75-$10.25 billion.
Twitter Inc TWTR was trading higher by nearly 4 percent. The social media's stock will be included in the S&P 500 index as of Thursday morning and will replace Monsanto, which was acquired by German-based Bayer.
Ameri Holdings Inc AMRH stock doubled in value early Tuesday morning. The nano-cap low float is a specialized SAP cloud, digital and enterprise services company and announced a new partnership with a machine learning company called Bayestree Intelligence.
The Market In 5 Minutes: Athenahealth CEO, Starbucks Chair, WWDC Updates And More
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
