Diamonds and Dogs


Jive Software Inc. (JIVE)

Jive Software isn't making its investors dance today, down 21.32% at $13.43. The social business software company saw its shares drop after releasing earnings and cutting guidance. For the quarter, Jive had a net loss of $17.8 million, or $0.27 per share. That compares with a loss of $11.6 million, or $0.19 per share, a year ago. For the full year, the company expects an adjusted loss of $0.59 to $0.62 per share on revenue of $144 to $146 million. Analysts were looking for an annual loss of $0.43 per share on revenue of $150 million. Jive lost over $3.50 today, but shares were able to hold up above their 52-week low of $10.63.

Questcor Pharmaceuticals Inc. (QCOR)

Questcor Pharmaceuticals is skyrocketing today, up 28.68% at $66.80. The biopharmaceutical company saw its shares pop after better than expected earnings. Questcor said Tuesday after the market closed that its net income grew 67% to $69.1 million, or $1.12 per share. Furthermore, revenue rose 64% to $184.6 million. Analysts were expecting net income of $0.99 per share on $169 million in revenue. The company accredited the jump in revenue to an increase in shipments of H.P. Acthar gel, which rose 50% to 7,050. Shares jumped to a new 52-week high of $68.08 intraday.
Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.