Arcadia Biosciences Inc (NASDAQ:RKDA) (MarketWatch)
Shares of Arcadia Biosciences Inc. RKDA, +237.05% an agricultural biotech that seeks to develop products that benefit the environment and human health, extended early gains to trade up 260% on Wednesday after the company announced that it has reached two key milestones in its High Fiber Resistant Starch Wheat program. The stock has been on a run for the last week, although there was no apparent news driving the move. The company has a market capitalization of just $72 million with today’s rally, according to FactSet data.
Signet Jewelers Ltd. (NYSE:SIG) (The Motley Fool)
What happened: Shares of Signet Jewelers Ltd. (NYSE:SIG) were losing their luster today after the jewelry seller posted underwhelming fourth-quarter results and announced a three-year restructuring plan. The shift comes as the parent of Kay, Jared, Zales, and other retail jewelry chains continues to lose sales as mall traffic declines. The stock was down 16.8% as of 10:51 a.m. EST.
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adidas AG (ADR) (OTCMKTS:ADDYY) (Reuters)
HERZOGENAURACH, Germany (Reuters) – Shares in German sportswear firm Adidas (ADSGn.DE) soared on Wednesday after it announced a big buyback, gave an upbeat outlook for 2018 and lifted its 2020 profitability forecast, while conceding it would be hard to match rival Nike’s margins. Adidas said late on Tuesday it plans to buy back up to 3 billion euros ($3.7 billion) of its shares, or almost 9 percent of its share capital, by 2021 on top of a higher-than-expected 2017 dividend of 2.60 euros per share. The company’s online sales leaped 57 percent in 2017 to 1.5 billion euros, or about 7 percent of sales.
Daxor Corporation (NYSEAMERICAN:DXR) (Benzinga)
Daxor Corporation gained 44.1 percent to $7.25 after report of data showing patient care individualized by Daxor’s precision blood volume analysis reduced heart failure readmissions by 56% and mortality by 80%.
Vera Bradley, Inc. (NASDAQ:VRA) (MarketWatch)
Vera Bradley Inc. VRA, -7.77% shares rose 1% in Wednesday premarket trading after the accessories company reported fourth-quarter earnings and revenue that beat consensus. Net income was $8.5 million, or 24 cents per share, after a loss of $3.3 million, or 9 cents per share, for the same period last year. Adjusted EPS was 33 cents per share. Revenue was $132.0 million, down from $134.8 million year-over-year. The FactSet consensus was for earnings of 32 cents per share and revenue of $130.0 million.
Mongodb Inc (NASDAQ:MDB) (CNBC)
MongoDB – MongoDB lost 40 cents per share for its latest quarter, less than the 43 cents that Wall Street analysts were anticipating, while revenue for the database software provider was also above estimates. MongoDB also gave an upbeat full year outlook.
Silicom Ltd. (NASDAQ:SILC) (Benzinga)
Silicom Ltd shares declined 15.4 percent to $34.42 after dropping 30.57 percent on Tuesday. Silicom reported that the ‘top-10 cloud player’ that awarded the company its biggest ever design win in march 2017 has aborted its order due to internal reasons.
Cesca Therapeutics Inc (NASDAQ:KOOL) (Seeking Alpha)
Thinly traded nano cap Cesca Therapeutics (NASDAQ:KOOL) is up 8% premarket on light volume in response to its announcement that subsidiary ThermoGenesis has inked a license agreement with Boyalife Group unit IncoCell Tianjin Ltd. for CAR-T and other cellular processing services that IncoCell intends to provide on a CDMO basis (contract development and manufacturing) in certain Asia Pacific countries.
Ford Motor Company (NYSE:F) (The Motley Fool)
What happened: Shares of automaker Ford Motor Company (NYSE:F) popped a good 6.1% in early trading Wednesday, before settling down to enjoy a more modest 3% gain as of 12:15 p.m EDT. For this, you can thank the friendly analysts at Morgan Stanley. So what: Investment banker Morgan Stanley made a pretty shocking pronouncement this morning. After crunching the numbers over Ford’s F-150 pickup truck sales, the analyst concluded that Ford’s F-150 business alone is worth more than the entire Ford Motor Company is selling for these days. 50% more.
