Author: Steven Goodstein

LogMein Surges in Late Trade After Third-Quarter Sales, Earnings Beat Market Forecasts

Shares of LogMein (LOGM), a provider of communication and support services, jumped late on Thursday after the firm reported earnings and sales that beat analysts’ expectations for the third quarter as it said that renewal rates returned to ‘historical levels’ in its communications and collaboration business. Sales rose to $308.9 million during the three months that ended September 30, from […]

Cameco Obtains Favorable Ruling From Canadian Tax Court – Shares Up 8% Pre-Bell

Cameco (CCJ) shares were up almost 8% pre-market Thursday after the company said late Wednesday that the Canadian tax court has ruled unequivocally in its favor in a dispute of the reassessments issued by Canada Revenue Agency for 2003, 2005 and 2006 tax years. The court has ruled that the company’s marketing and trading structure involving foreign subsidiaries and the […]