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$GALE said it entered into Securities Purchase Agreement with certain investors providing for issuance and sale by it to Investors of about $12.6MM of registered and unregistered securities. $GALE agreed to issue and sell to investors aggregate of 28MM common shares at $0.45 per share in a registered direct offering.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.