Latest Earnings News has issued earnings forecast reports for investors digging US stock market’s real value: Corning (NYSE:GLW), Cole Real Estate Investments (NYSE:COLE), Facebook (NASDAQ:FB), Apollo (NASDAQ:APOL), Cree (NASDAQ:CREE), and Safeway (NYSE:SWY).
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Report Highlights:
Corning Incorporated (NYSE:GLW): By the end of trading session, Corning (NYSE:GLW) shares soared 14.14% to US$17.52 with more than 87.15 million shares traded, compared to its average volume of 12.79 million shares. The company reported its estimate earnings for Q3 as US$2.1 billion and US$0.33 per share. It will buy out the 43% shares of Samsung Corning Precision Materials Co., Ltd. (SCP) with Samsung taking a 7.4% stake in Corning. Observing comprehensive analysis of Corning could help investors have huge gains in investment. Check GLW earnings forecast report below.
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Cole Real Estate Investments Inc (NYSE:COLE): The Cole Real Estate Investments (NYSE:COLE) shares began the trading session with a price of US$14.67. When day-trade ended, the stock finally jumped 8.81% (or US$1.13) to US$13.95. The stock traded 100.11 million shares in the last trading session, compared to its daily average of 10.63 million shares. The real estate investment trust is agreed to be acquired by rival REIT American Realty Capital Partners (NASDAQ: ARCP) for about US$6.85 billion. The new company will have 3,732 properties in 49 states and Puerto Rico, and will boast a dividend yield of about 7.5%. Investors may want to find out where Cole Real Estate Investments will go from here. Observe comprehensive COLE earnings forecast report here.
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Facebook Inc (NASDAQ:FB): The share of Facebook (NASDAQ:FB) began the trading session with a price of US$51375. When day-trade ended, the stock price lost 1.47% to US$51.90 by the end of last trading session. The stock traded 57.12 million shares in the last trading session, compared to its daily average of 84.21 million shares. Due to the slower September transaction volumes for Facebook, ITG Research lowered its Q3 revenue estimate to US$900 million – US$910 million in North America. Do you think Facebook will go on? Do you think now is a good time to buy the stock? Investors could check FB 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:
Apollo Group Inc (NASDAQ:APOL):
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Cree, Inc. (NASDAQ:CREE):
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Safeway Inc. (NYSE:SWY):
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Reported on Oct 24, 2013