Transocean Ltd. Delivers Solid Earnings; SolarCity Corporation Earnings Surpass Analysts’ Expectations


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Companies Mentioned

NYSE:RIG / NASDAQ:SCTY / NASDAQ:ISBC / OTC:BB:PGFY
05/09/2014 [ACCESSWIRE] Transocean Ltd. (NYSE: RIG) - For an in-depth report on Transocean Ltd. follow: www.BullTrends.com/stockquote/RIG                    

Shares of RIG closed down 4.29% on about 14 million shares traded on Wednesday but gained in after-hours trading after the company reported strong Q1 results. Earnings per share which excluded special items came in at $1.43. This beat the Zacks Consensus Estimate of $1.00.
Quarterly total revenue was $2,339.0 million which also beat the Zacks Consensus Estimate of $2,254.0 million.

SolarCity Corporation (NASDAQ: SCTY) - For an in-depth report on SolarCity Corporation follow: www.BullTrends.com/stockquote/SCTY                          

SolarCity Corporation closed up 12.35% on about 15.4 million shares traded almost. The stock was one of the biggest gainers on the NASDAQ. The company beat analysts’ expectations with their Q1 report. SolarCity reported a loss of $24.1 million, or 26 cents a share. The company also posted an adjusted loss of 82 cents a share with revenues hitting $63 million. Analysts polled by FactSet expected an adjusted loss of 70 cents a share on revenue of $53 million.

Investors Bancorp Inc. (NASDAQ: ISBC) - For an in-depth report on Investors Bancorp Inc. follow: www.BullTrends.com/stockquote/ISBC                             

Shares of ISBC closed down 61.16% on about 44.5 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The company announced the completion of its conversion from the mutual holding company structure and related public offering.  Investors Bank is now 100% owned by New Investors Bancorp and New Investors Bancorp is 100% owned by public stockholders.

Pingify International Inc. (OTCBB: PGFY) - For an in-depth report on Pingify International Inc. follow:  www.BullTrends.com/stockquote/PGFY                            

Shares of Pingify International closed up 91.43% on about 6 million shares traded. The stock was one of the biggest gainers in the OTCBB marketplace. The company recently signed a letter of intent with 80 Elements Entertainment. This acquisition will provide Pingify with a solid development team and a new source of revenue.

 

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