Market Movers Today: Oracle Corporation (ORCL), Arena Pharmaceuticals, Inc. (ARNA), Mulesoft Inc (MULE), Vivint Solar Inc (VSLR), and More

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Childrens Place Inc (NASDAQ:PLCE) (CNBC)
Children’s Place – The children’s apparel retailer reported adjusted quarterly profit of $2.52 per share, 3 cents a share above estimates. Revenue was below forecasts, however, and a same-store sales increase of 8.2 percent was slightly short of the 8.4 percent consensus of analysts surveyed by Thomson Reuters. Separately, Children’s Place increased its quarterly dividend by 25 percent to 50 cents per share and announced a $250 million share repurchase program.

Universal Display Corporation (NASDAQ:OLED) (MarketWatch)
Shares of Universal Display Corp. OLED, +7.58% are up 4.4% in Tuesday trading after Gabelli analyst Hendi Susanto upgraded the stock to buy from hold. His upgrade comes after the stock plunged 12% in Monday’s session, following a report saying Apple Inc. AAPL, +0.25% was making its own MicroLED display screens. Susanto wrote in his upgrade note that he thought Apple’s work with MicroLED screens was still in the research and development stage, and he noted that Apple bought a MicroLED startup in 2014, meaning that the company’s interest in the technology isn’t particularly new.

BlackBerry Ltd (NYSE:BB) (Reuters)
(Reuters) – BlackBerry Ltd’s (BB.TO) U.S.-listed shares (BB.N) rose nearly 6 percent in premarket trading on Tuesday after the company said it would partner with Microsoft Corp (MSFT.O) to provide security for flagship Office apps used by businesses. The partnership comes at a time when companies are ramping up their cybersecurity capabilities after a wave of attacks on high-profile companies pointed to security flaws. BlackBerry has focused on developing security software since it stopped making smartphones in 2016 after failing to compete with Android phones and Apple Inc’s (AAPL.O) iPhones.

Alimentation Couche-Tard Inc (OTCMKTS:ANCUF) (Bloomberg)
U.S. consumers sparked a shopping spree for Alimentation Couche-Tard Inc. in recent years as the Canadian convenience store giant scooped up rivals south of the border. Now that expansion is slowing its growth. Shares of the Laval, Quebec-based owner of Circle K fell 6.5 percent, the biggest intraday decrease in two years, after it reported anemic same-store sales and a drop in fuel volume and margins in the U.S. Adjusted earnings fell short of the lowest analyst estimate for the quarter ended Feb. 4.

Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) (Benzinga)
Northern Oil and Gas, Inc dropped 15.6 percent to $1.92 after the company announced a $105 million offering. The company also raised FY18 production growth guidance.






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