PHOENIX, October 30, 2014 /PRNewswire/ -- EarningForecast.com has issued earnings forecast research with special focus on financial performance of the following stocks: American Realty Capital Properties (NASDAQ:ARCP), Alibaba (NYSE:BABA), Petroleo Brasileiro Petrobras SA (NYSE:PBR), Gilead Sciences (NASDAQ:GILD), RF Micro Devices (NASDAQ:RFMD), and GoPro (NASDAQ:GPRO).
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Report Highlights:
American Realty Capital Properties Inc (NASDAQ:ARCP): The share of American Realty Capital Properties (NASDAQ:ARCP) began the trading session with a price of US$9.87. When day-trade ended, the stock price plunged 19.22% to US$2.38 by the end of last trading session with 230.75 million shares exchanged hands, compared to daily average volume of 12.80 million. The company claimed its prior financial statements overstated adjusted funds from operations, a measure of REIT cash flow. After the audit committee found some errors were identified but intentionally not corrected, the company CFO, Brian Block, and CAO, Lisa McAlister, stepped down. The industry of REIT - Diversified lost about 0.28%, the competitor Realty Income Corp earned about 1.68% to the price of US$45.91. Do you think American Realty Capital Properties will go on? Do you think now is a good time to buy the stock? Investors could check ARCP earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/103014A/ARCP/AmericanRealtyCapitalProperties.pdf
Alibaba Group Holding Ltd (NYSE:BABA): The share of Alibaba (NYSE:BABA) began the trading session with a price of US$99.88. When day-trade ended, the stock price dropped 1.37% to US$98.31 by the end of last trading session with 28.66 million shares exchanged hands, compared to daily average volume of 31.65 million. Alibaba short interest had more than doubled to 17 million shares as of Tuesday, from 8 million at the end of September. Alibaba is the fourth-most valuable technology company in the world, following Apple, Microsoft and Google. The industry of Specialty Retail, Other lost about 0.10%, the competitor Amazon.com, Inc. fell 0.50% to the price of US$294.12. Do you think Alibaba will go on? Do you think now is a good time to buy the stock? Investors could check BABA earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/103014A/BABA/Alibaba.pdf
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR): The share of Petroleo Brasileiro Petrobras SA (NYSE:PBR) began the trading session with a price of US$11.51. When day-trade ended, the stock price dropped 4.02% to US$11.21 by the end of last trading session with 59.01 million shares exchanged hands, compared to daily average volume of 54.75 million. Brazilian government officials told the state-run energy company it would have to wait longer for government permission to increase its oil prices. The official stated the 22% plummet in the price of crude oil this year has brought international benchmarks closer to Brazil's subsidized refinery gate prices and the Brazilian government would not reintroduce a tax on gasoline. The industry of Major Integrated Oil & Gas earned about 0.41%, the competitor BP plc lifted about 0.14% to the price of US$42.90. Do you think Petroleo Brasileiro Petrobras SA will go on? Do you think now is a good time to buy the stock? Investors could check PBR earnings forecast report here.
Read Full Report: http://www.earningforecast.com/PR/103014A/PBR/Petrobras.pdf
Today EarningForecast.com also observed abnormal trade volume for the following companies; Check out the consensus earnings forecast reports below:
Gilead Sciences, Inc. (NASDAQ:GILD):
Read Full Report: http://www.earningforecast.com/PR/103014A/GILD/GileadSciences.pdf
RF Micro Devices, Inc. (NASDAQ:RFMD):
Read Full Report: http://www.earningforecast.com/PR/103014A/RFMD/RFMicroDevices.pdf
GoPro Inc (NASDAQ:GPRO):
Read Full Report: http://www.earningforecast.com/PR/103014A/GPRO/GoPro.pdf
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