Market News

October 3, 2013  Thu 7:32 AM CT

Earnings, Revenue Beat the Street

CalAmp reported second-quarter profit of $0.19 a share on revenue of $58.8 million. Analysts had only expected $0.16 and $54.8 million, respectively. Guidance was strong, as well, and CAMP is rallying 9 percent before the opening bell on my tradeMONSTER platform.

Angie's List Falls on Reported Price Cuts

Angie's List cut membership prices by about three-quarters in a bid to gain new users, according the Wall Street Journal. That's sending ANGI down by 9 percent in the premarket.

Omeros Settles Insurance Litigation

Omeros announced it settled litigation with its insurer and will receive a $12.5 million payment. OMER climbs 7 percent in early trading.

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Education & Strategy

Election Sector Rotation

Sector rotation is the process where mutual funds, portfolio managers, and investors in general, shift their investments from one sector of the economy to another.

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