Diamonds and Dogs
LiveDeal is moving up 13% to $2.88 after the marketing company announced that it expects record setting revenue and earnings growth in FY15. The increase of sales is due to the expansion into online sales of consumer products and growth of its subsidiary, ModernEveryday. LIVE has had moves like this in the past based on earnings hype and revenue growth. Let's see if the price can continue to rise.
HWAY is down 19.6% to $12.50 after cutting its guidance to FY15. Revenue is expected to be about $770 million to $785 million, about $30 million lower than previously expected. Slower sales and implementation are the main causes for the sales drop. The near-term outlook for Healthways does not seem like its improving, hopefully the company can turn around and have a more positive long-term forecast.