Ariad
Pharmaceuticals, Inc. (NASDAQ:ARIA) fell 0.54% to $3.67. This
week, the company reported third quarter net loss of $20.4 million or $0.18 per
share, compared to a loss of $20.81 million or $0.21 per share last year.
On average, 8 analysts polled by Thomson Reuters expected the
company to report loss of $0.12 per share. Analysts’ estimates typically
exclude special items.
Total revenue declined to $1.24 million from $2.16 million in the
prior year quarter.
Seven analysts estimated revenues of $1.40 million.
DISH
Network Corp. (NASDAQ:DISH) jumped 0.80% to $20.07. Last
week, the company said that its net profit in the quarter was $245 million, or
55 cents per share, up from $81 million, or 18 cents per share, a year earlier.
Analysts were looking for 42 cents a share.
Revenue rose 10 percent to $3.21 billion, compared with analysts'
expectations of $3.15 billion.
Over the past 52-week, the stock had traded within the range of $17.32-$24.16.
Avis
Budget Group Inc. (NYSE:CAR) went up 2.89% and closed at $13.87.
Last week, the company posted a higher third-quarter profit as a recovering
economy boosted travel demand, and said it expects volume increases to continue
through the rest of the year.
For the third quarter, Avis' net income rose to $90 million, or 73
cents a share, from $57 million, or 54 cents a share, a year ago. Revenue rose
3 percent to $1.51 billion.
Analysts on average had expected earnings of 76 cents a share, on
revenue of $1.51 billion, according to Thomson Reuters.
The stock went up more than 5% year-to-date.
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