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Stock Market & Financial Investment News

News Breaks
February 22, 2013
10:45 EDTVOLCVolcano gaps lower on earnings miss, levels to watch
When the company reported results last night, it missed Q4 expectations of 9 cents a share, coming in at 4 cents. It also cut fiscal year 2013 guidance to a range of 16 cents to 20 cents versus consensus of 28 cents. At the current price of $21.55, the shares are in the middle of the trading range for the day excluding the gap. Support is at the session low at $20.76, which was a new 52-week low. Resistance is at the high of the day at $22.20.
News For VOLC From The Last 14 Days
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August 11, 2014
12:43 EDTVOLCVolcano removed from Best Ideas List at Barrington
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August 8, 2014
10:00 EDTVOLCOn The Fly: Analyst Downgrade Summary
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06:18 EDTVOLCVolcano downgraded to Perform from Outperform at Oppenheimer
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August 7, 2014
16:32 EDTVOLCVolcano sees Q3 EPS (4c)-(6c), consensus (4c)
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16:31 EDTVOLCVolcano still sees 2014 EPS (16c)-(19c), consensus (19c)
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16:30 EDTVOLCVolcano settles with St. Jude, to seek divestiture of Axsun
Volcano (VOLC) announced that it will be seeking a divestiture of its Axsun Technologies subsidiary. In addition, the company said that it and St. Jude Medical (STJ) have agreed to settle all existing litigation between the two companies. Under terms of the settlement with St. Jude Medical, the parties have agreed to dismiss their lawsuits with prejudice, with neither party admitting liability to the other. Each party will be granted a release of liability for alleged misconduct, granted a license to all patents-in-suite and granted a covenant not to sue as to various current and future products. As part of the settlement agreement, no financial payments will be made to either party by the other.
16:28 EDTVOLCVolcano reports Q2 EPS 1c, consensus (5c)
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