Latest Earnings News has issued earnings forecast reports for investors digging US stock market’s real value: Sarepta Therapeutics (NASDAQ:SRPT), Hologic (NASDAQ:HOLX), US Airways (NYSE:LCC), Microsoft (NASDAQ:MSFT), Rackspace Hosting (NYSE:RAX), and Intel (NASDAQ:INTC).
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Report Highlights:
Sarepta Therapeutics Inc (NASDAQ:SRPT): By the end of trading session, Sarepta Therapeutics (NASDAQ:SRPT) shares plunged 64.01% to US$13.16 with more than 38.51 million shares traded, compared to its average volume of 1.89 million shares. The FDA raised concerns about the trial results for its experimental Duchenne muscular dystrophy drug, eteplirsen, which will delay the initiation of dosing in the confirmatory study until at least the second quarter of 2014. It’s a particularly big deal for Sarepta since the company has no other products in the market to help offset the cash burn. Observing comprehensive analysis of Sarepta could help investors have huge gains in investment. Check SRPT earnings forecast report below.
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Hologic, Inc. (NASDAQ:HOLX): The Hologic (NASDAQ:HOLX) shares began the trading session with a price of US$19.61. When day-trade ended, the stock finally slump 10.43% (or US$2.39) to US$20.51. The stock traded 42.80 million shares in the last trading session, compared to its daily average of 3.11 million shares. While the medical imaging systems specialist reported its Q4 revenue increased 6% with about US$1.1 billion loss, the stock has been volatile in 2013 on doubts over management's strategic direction. Investors may want to find out where Hologic will go from here. Observe comprehensive HOLX earnings forecast report here.
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US Airways Group Inc (NYSE:LCC): The share of US Airways (NYSE:LCC) began the trading session with a price of US$23.26. When day-trade ended, the stock price rose 1.07% to US$23.52 by the end of last trading session. The stock traded 40.09 million shares in the last trading session, compared to its daily average of 6.24 million shares. Finally, AMR and US Airways announced that they had finally reached a settlement with the Department of Justice that will allow them to merge. This allows them to avoid the risk of a trial, which could have potentially killed the merger outright. Do you think US Airways will go on? Do you think now is a good time to buy the stock? Investors could check LCC earnings forecast report here.
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Today also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Microsoft Corporation (NASDAQ:MSFT):
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Rackspace Hosting, Inc. (NYSE:RAX):
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Intel Corporation (NASDAQ:INTC):
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Reported on Nov 13, 2013