Shares of Carnival Corporation (NYSE: CCL) fell about 4.30% by afternoon trade after the cruise company late on Monday downwardly revised its full-year outlook. Higher costs, current pricing strategy has resulted in more-than-expected dip in revenue yields, the Company said. Besides, higher-than-expected number of voyage cancellations is also expected to weigh on the top line. [...]

The Home Depot Inc. (NYSE: HD) reported on Tuesday that its fiscal first-quarter profit rose 18% thanks to strong growth both in the revenue and comparable-store-sales.

Both earnings and revenue topped analysts’ expectation.

Home Depot’s Chief Executive Frank Blake attributed this to ongoing recovery in the U.S. housing market.

The Company also upwardly revised [...]

Shares of Nostra Energy Inc. (OTC: NORX), an exploration stage company engaged in the exploration and development of oil and gas properties in the U.S., are climbing in trading today. At last check, NORX shares were trading 1.97% higher at $0.775 on volume of 597,901. The stock hit an all-time high of $0.79 earlier today. [...]

TiVo Inc. (NASDAQ: TIVO) said late on Monday that its fiscal first-quarter loss narrowed thanks to higher revenue and fairly reasonable growth in subscribers’ base.

The Company has been consistently posting quarterly losses since the second half of 2009. Patents related litigations have badly dented its bottom line. In the recently concluded quarter, the [...]

Shares of SolarCity Corp. (NASDAQ: SCTY) rallied about 14% by afternoon trade. The stock has been gaining since last week after the company announced that it entered in a financing deal with Goldman Sachs. According to the deal, Goldman Sachs will fund in excess of $500 million on solar projects managed by San Mateo, Calif. [...]

Shares of iTalk Inc. (OTC: TALK), a wireless technology value added reseller, are soaring in trading today. At last check, TALK shares were trading 19.09% higher at $1.31 on volume of 3.13 million. The stock hit an intra-day high of $1.35 earlier today. TALK shares have gained more than 20% in the last three trading [...]

Generic drug maker Actavis Inc (NYSE: ACT) announced on Monday that it has agreed to acquire specialty pharmaceutical Company, Warner Chilcott Plc (NASDAQ: WCRX) in stock swap deal, valued at almost $5 billion.

According to the deal Actavis will swap 0.16 shares for each share of Warner Chilcott, which means that each share of [...]

Shares of Aruba Networks Inc. (NASDAQ: ARUN) tumbled about 26.50% by afternoon trade after the wireless equipment maker, late last evening, said that it swung into third quarter loss as the bottom line was felt the impact due to rising expenses, higher taxes. The Company also provided disappointing guidance for the fiscal fourth quarter. The [...]