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New York, NY -- (SBWIRE) -- 11/29/2012 -- Yahoo! Inc. (NASDAQ:YHOO) extended rally after analysts at Goldman Sachs Group, Inc. added it to their conviction list and lifting their price target from $22 to $24, following a strong gain on Tuesday as the shares managed to hit their best level in a span of more than a year and a half. The rapid increase in shares of the company is being attributed to new Chief Executive Marissa Mayer who is said to be in a position to achieve a successful return of the company as a significant player in the sector.
Shares of Yahoo! (YHOO) traded up 0.93% during the last trading session, closing at $18.93. The share price of YHOO traded yesterday in a range of $18.80 to $19.16. The company now has a market value of $22.39 billion.
How Should Investors React To YHOO Now? Find Out Here
Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR), the specialty coffee maker reported net sales in the fourth quarter ending on September 29 climbed 33% to $946.7 million from $711.9 million in the same period of last year. Net income in the quarter jumped 22% to $91.9 million or 58 cents a diluted share compared to $75.4 million or 47 cents a share a year ago.The company said for the quarter single serve packs business jumped 47% to $700 million and brewers and accessories climbed 30% to $150 million while other products and royalties declined by 21% to $96.4 million.The coffee maker expects fiscal first quarter 2013 net sales growth in the range of 14% to 18% and non GAAP earnings per diluted share in the range of 62 cents to 67 cents. For the fiscal 2013, the company expects net sales increase between 15% and 20% and non-GAAP earnings per diluted share in a range of $2.64 to $2.74.
How Should Investors Trade GMCR Now? Find Out Here
Retalix Ltd (NASDAQ:RTLX) is ripping following reports from Calcalist that the company sold to NCR for $800 million.Calcalist NCR has learned that the U.S. company, which is traded on the New York market cap of $ 3.8 billion, will acquire the Israeli software company Retalix For $ 800 million - 50% more than the value of the company at the opening of trading on Nasdaq yesterday. Negotiations are in the final stages and the deal conducted in cash and at a price of 30-31 dollars Retalix's share is expected to be signed in the coming days. Shares of Retalix Ltd (NASDAQ: RTLX) are up 31.3% to $28.76 following the report.
Do you think now is a good time to buy or sell RTLX? See RTLX earnings forecast report Here
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