Cabot Oil & Gas soars higher after-hours on positive earnings; Acacia Research comes up short


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Companies Mentioned

NYSE:COG / NASDAQ:ESRX / PK:TTDZ / NASDAQ:ACTG
02/24/2014 [ACCESSWIRE]

Cabot Oil & Gas Corporation (NYSE: COG) – For an in-depth report on Cabot Oil & Gas Corporation follow: www.BullTrends.com/stockquote/COG

Shares of Cabot Oil & Gas closed down 8.17% on nearly 24 million shares traded. The stock was one of the biggest losers in the NYSE but headed higher after reporting strong fourth-quarter 2013 results after the close. The gains were primarily aided by significant increase in production levels. The favorable results led to a 2.2% share price rise on the NYSE, in after-market trade hours. During the three-month period ended Dec 31, 2013, Texas-based Cabot generated operating revenues of $487.5 million, up 31.8% year over year. The top line also beat the Zacks Consensus Estimate of $479.0 million.

Express Scripts Holding Company (NASDAQ: ESRX) – For an in-depth report on Marvell Technology Group Ltd. follow: www.BullTrends.com/stockquote/ESRX

Express Scripts Holding closed down 4.03% on Friday with about 15.3 million shares traded. The stock was one of the biggest decliners on the NASDAQ after the company delivered its fourth-quarter earnings. The company’s revenue and adjusted earnings were just in line with expectations, and guidance came in where analysts were estimating. Revenue for the company however has declined both year over year for the last two quarters, as well as sequentially, in three out of the past four.

Triton Distribution Systems, Inc. (OTC: TTDZ) – For an in-depth report on Triton Distribution Systems, Inc. follow: www.BullTrends.com/stockquote/TTDZ

Triton Distribution Systems closed up 27.78% on over 150 million shares this past Friday. The company was a big winner in the OTC market despite the fact that no news was released by the company. Earlier in the month the company updated shareholders that it has retained a Law Firm to finalize the posting of the Opinion Letter and complete the takeover with Green Cures, Inc. The law firm is in communication with OTC Markets and is in the process of reviewing Triton's corporate records. The law firm is committed to giving an accurate review of the company and has requested additional time to research and draft a well-informed legal opinion.

Acacia Research Corporation (NASDAQ: ACTG) – For an in-depth report on Acacia Research Corporation follow: www.BullTrends.com/stockquote/ACTG

Shares of Acacia Research Corporation closed down 6.31% on Friday with about 4.7 million shares traded. The stock was one of the most active in the NASDAQ after the company reported fourth-quarter earnings that came up short of analysts' expectations.  Acacia reported a loss of 22 cents a share, which was 37 cents off of the income of 15 cents a share expected by analysts polled by Thomson Reuters. Acacia also reported revenue of $15.07 million, which was well short of the consensus estimate of $25.29 million.

 

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