Weight Watchers International, Inc. (NYSE:WTW) reported that it raised earnings outlook as the firm also posted improved-than-predictable second-quarter earnings, sending its shares higher. For the year, the firm raised its per-share earnings estimate to 57 cents to 72 cents, from its previous estimate for per-share profit of 40 cents to 70 cents. On Wednesday Chief Executive Jim Chambers stated that in the Q2, their member recruitment trends improved, particularly in North America where online sign-ups were positive year-over-year, and in prepared remarks Wednesday. Weight Watchers International, Inc. (NYSE:WTW) belongs to Services sector. Its net profit margin is 6.50% and weekly performance is 48.50%. On last trading day company shares ended up $5.94. Weight Watchers International, Inc. (NYSE:WTW) distance from 50-day simple moving average (SMA50) is 27.15%.
Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) entered into an At Market Issuance Sales Agreement (the “ATM Agreement”), with MLV & Co. LLC (“MLV”), under which the Company may issue and sell through MLV, acting as its agent, shares of its common stock (“Common Stock”) for aggregate gross proceeds not to exceed the total amount available under the Company’s effective Registration Statement on Form S-3 (File No. 333-201245). MLV may sell the Common Stock by any method permitted by law, including sales deemed to be an “at the market offering” as defined in Rule 415 of the Securities Act of 1933, as amended (the “Securities Act”), including without limitation, sales made directly on The NASDAQ Capital Market (“NASDAQ”), on any other existing trading market for the Common Stock or to or through a market maker. MLV may also sell the Common Stock in negotiated transactions, subject to the Company’s prior approval. The Company will pay MLV a commission equal to 2.5% of the gross proceeds from the sale of shares of the Company’s Common Stock pursuant to the ATM Agreement. Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) shares moved down -2.44% in last trading session and ended the day at $1.20. PPHM Gross Margin is 41.80% and its return on assets is -78.50%. Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) quarterly performance is -9.09%.
W.W. Grainger, Inc. (NYSE:GWW) begin trading ex-dividend on August 06, 2015. A cash dividend payment of $1.17 per share is scheduled to be paid on September 01, 2015. Shareholders who purchased GWW prior to the ex-dividend date are eligible for the cash dividend payment. On 07 August, W.W. Grainger, Inc. (NYSE:GWW) shares moved down -0.05% and was closed at $225.96. GWW EPS growth in last 5 year was 15.30%. W.W. Grainger, Inc. (NYSE:GWW) year to date (YTD) performance is -10.06%.
Baidu Inc (ADR) (NASDAQ:BIDU) has approved the buyback of up to $1 billion in stock. The announcement comes just days after its second quarter earnings and guidance failed to impress investors. This is Baidu’s first buyback in nearly seven years. The company will repurchase the shares over the next 12 months. Baidu CEO Robin Li also plans to spend more of the company’s $12 billion in cash on reshaping and expanding its core business. Baidu has been the top search engine and online mapping service in China for over a decade. However, rivals likeQihoo 360 are now challenging its dominance with formidable digital ecosystems of their own. On 07 August, Baidu Inc (ADR) (NASDAQ:BIDU) shares advanced 0.93% and was closed at $176.08. BIDU EPS growth in last 5 year was 48.30%. Baidu Inc (ADR) (NASDAQ:BIDU) year to date (YTD) performance is -22.76%.
Memorial Resource Development Corp. (Nasdaq:MRD) announced its operating and financial results for the three months ended June 30, 2015. Net production increased 39% year-over-year to 268 MMcfe/d for the second quarter 2015 compared to 193 MMcfe/d for the second quarter 2014. Second quarter 2015 net production consisted of 203 MMcf/d of natural gas (76%), 7.4 MBbls/d of natural gas liquids (“NGLs”) (16%) and 3.5 MBbls/d of crude oil (8%). Memorial Resource Development Corp. (NASDAQ:MRD) shares moved up 0.34% in last trading session and ended the day at $17.69. MRD Gross Margin is 74.80% and its return on assets is -17.70%. Memorial Resource Development Corp. (NASDAQ:MRD) quarterly performance is -13.24%.