Latest Earnings News has issued earnings forecast reports for investors digging US stock market’s real value: T-Mobile (NYSE:TMUS), Youku Tudou (NYSE:YOKU), J.C. Penney (NYSE:JCP), Bank of America (NYSE:BAC), Cell Therapeutics (NASDAQ:CTIC), and Zynga (NASDAQ:ZNGA).
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Report Highlights:
T-Mobile US Inc (NYSE:TMUS): By the end of trading session, T-Mobile (NYSE:TMUS) shares earned 2.16% to US$26.05 with more than 68.95 million shares traded, compared to its average volume of 5.34 million shares. The company is seeking to sell about 66 million shares at US$25 per share, which can raising additional capital to buy additional wireless network spectrum. Wireless carriers often look for additional spectrum in order to grow their networks so they can handle additional customer data usage. Observing comprehensive analysis of T-Mobile could help investors have huge gains in investment. Check TMUS earnings forecast report below.
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Youku Tudou Inc (ADR) (NYSE:YOKU): The Youku Tudou (NYSE:YOKU) shares began the trading session with a price of US$28.62. When day-trade ended, the stock finally soared 11.15% (or US$2.94) to US$29.30. The stock traded 13.71 million shares in the last trading session, compared to its daily average of 4.10 million shares. The internet television company released a strong set of third-quarter results and favorable guidance for its fourth quarter. The Chinese video giant reached more than 300 million video views per day, which pushed over all revenue up 14%. Investors may want to find out where Youku Tudou will go from here. Observe comprehensive YOKU earnings forecast report here.
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J.C. Penney Company, Inc. (NYSE:JCP): The share of J.C. Penney (NYSE:JCP) began the trading session with a price of US$8.86. When day-trade ended, the stock price rose 3.91% to US$9.03 by the end of last trading session. The stock traded 46.67 million shares in the last trading session, compared to its daily average of 37.59 million shares. According to the release of a regulatory filing by the hedge fund manager David Tepper’s Appaloosa Management, it purchased 737,800 shares, valued at US$6.5 million. Do you think J.C. Penney will go on? Do you think now is a good time to buy the stock? Investors could check JCP 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:
Bank of America Corp (NYSE:BAC):
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Cell Therapeutics Inc (NASDAQ:CTIC):
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Zynga Inc (NASDAQ:ZNGA):
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Reported on Nov 18, 2013