Options Trading News

October 11, 2013  Fri 7:28 AM CT

Earnings, Revenue Beat Estimates

Infosys earned $0.73 a share in its second quarter on revenue of $2.07 billion. Analysts had only expected $0.70 and $2.01 billion, respectively. INFY climbs 5 percent before the opening bell on my tradeMONSTER platform.

Osiris Sells Unit for Up to $100 Million

Osiris Therapeutics announced it would sell its culture-expanded mesenchymal stem cell business to Australia's Mesoblast for an initial payment of $50 million. That amount doubles if certain milestones are reached, and there will also be royalty payments in the low double digits on eventual product sales. OSIR rallies 14 percent in the pre-market..

Gap Drops on Weak Monthly Sales

Gap reported yesterday afternoon that sales at stores open at least a year fell 3 percent in September. Analysts were expecting a 1.6 percent gain, and now the shares are taking a hit! GPS drops almost 5 percent in early trading.
Share this article with your friends



The fastest money in the market
View full report »

Premium Services

Education & Strategy

The art of trading

As I stated in last week's article, a break out or a break down needs to have a couple things happen before it is considered a confirmed break out or break down. The only problem is that in today's market where things move much more quicker than they did just a few years ago, two days could wind up being the majority of the expected movement, if not the whole movement.

View more education articles »