OptionsHouse

Options Trading News

October 11, 2013  Fri 7:28 AM CT

INFY: SEE CHART GET CHAIN FIND STRATEGIES
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


Related Stories

INFY

Infosys put seller sees limit to downside

August 30, 2016

The technology outsourcing company is down 19 percent in the last three months, but one trader apparently believes that the slide is ending.

OptionsHouse

Premium Services

Education & Strategy

Continue to melt up? Think debit call spreads

The U.S. equities market is continuing to melt up. Even though the labor market is stagnant, the Fed keeps hinting that a short term interest rate hike is coming sometime soon.

View more education articles »