Cerner (CERN) was right on target with Q2 earnings reported after the close Tuesday, but sales were a bit under expectations and the company lowered its guidance for full-year revenue. Cerner said it expects full-year 2015 revenue of $4.48 billion to $4.58 billion, down from its previous range of $4.65 billion to $4.8 billion and well below Wall Street estimates of $4.72 billion. Adjusted earnings projections were not changed and remained in line
Activision Blizzard (ATVI), the publisher of “Call of Duty” and other hit video game series, late Tuesday crushed Wall Street’s second-quarter estimates and raised its full-year outlook. Activision stock was up more than 6% in after-hours trading Tuesday following the earnings release. If that holds in Wednesday’s regular session that would mark a new high for Activision stock, which rose a fraction to 25.67 in Tuesday’s regular session.
Netflix (NFLX) stock surged to a record high on Tuesday after getting a bullish report from Guggenheim Securities. Guggenheim analyst Michael Morris initiated coverage of Netflix with a buy rating and price target of 160. In afternoon trading in the stock market today, Netflix was up more than 8% near 122. “Netflix is based on a sound concept: Utilize improvements in technology to better entertain consumers in an efficient manner at an attractive