Why Hortonworks, Inc. Stock Leaped 27% in August

Why Hortonworks, Inc. Stock Leaped 27% in August
What happened Stock in big data software provider Hortonworks, Inc. (NASDAQ: HDP)  rose 26.8% last month, according to data from S&P Global Intelligence . So what Hortonworks shares jumped 18.4% on Aug. 4, the first trading session following the company’s release of second-quarter 2017 results after the close of trading on Aug. 3. The organization posted an extremely strong revenue increase... Read More

Why Oclaro, Inc. Shares Lost 14% in August

Why Oclaro, Inc. Shares Lost 14% in August
What happened Stock in optical networks component provider Oclaro, Inc. (NASDAQ: OCLR) fell 14% last month, according to data from S&P Global Intelligence . So what Oclaro shares lost value in August after the company reported fiscal fourth-quarter 2017 earnings on Aug. 2. Revenue grew 19.3% over the prior-year quarter. However, that was lower than the company’s ending full-year growth rate... Read More

Why Automatic Data Processing, Inc. Shares Lost 10.5% in August

Why Automatic Data Processing, Inc. Shares Lost 10.5% in August
What happened Stock in Automatic Data Processing, Inc. (NASDAQ: ADP)  lost 10.5% last month, according to data from S&P Global Intelligence . So what Shares of the payroll and human resources software giant settled back to prior levels in August after spiking roughly 13% on July 27, when news outlets reported that activist investor Bill Ackman had taken a significant stake... Read More

3 Things Nutanix Management Wants You to Know

3 Things Nutanix Management Wants You to Know
Nutanix (NASDAQ: NTNX) confirmed that its turnaround is on track with a solid fourth-quarter report on Aug. 31. The cloud computing specialist delivered outstanding revenue growth thanks to a spike in customer additions and transaction size, posting a lower-than-expected net loss. The company’s current-quarter revenue guidance also turned out to be better than expected, allaying investors’ worries regarding potential market-share... Read More

Global Oil Demand is Surging But That’s Still Not Enough to Fix the Oil Market

Global Oil Demand is Surging But That’s Still Not Enough to Fix the Oil Market
The oil industry just can’t seem to snap out of its doldrums this year. Crude remains stubbornly low, which has stalled the industry’s attempts at a recovery. However, while weaker prices have been bad for oil producers, they’ve been great for consumers because it has kept prices for refined products like gasoline down, which is fueling robust demand growth this... Read More