Earlier, the stock had opened higher on strong earnings. Schlumberger slid after the oilfield services provider said sanctions against Russia would hurt its earnings by as much as 3 cents a share. Buffalo Wild Wings moved higher after Morgan Stanley upgraded the casual dining restaurant's stock to "equal weight" from "underweight," based on strong traffic trends and valuation following a recent pullback in shares. Electronic Arts rallied on news the game maker is extending its subscription service to more countries. Insys Therapeutics climbed on better than expected second-quarter earnings, helped by a nearly three-fold rise in the pharmaceutical firm's cancer pain drug. Tekmira Pharmaceuticals fell as investors took profits from the Canadian firm's stock jump in the last few days.
H.I.G. Growth Partners Completes Strategic Investment in LuLu*s Fashion Lounge - Yahoo Finance
LuLu*s has leveraged this differentiated merchandising strategy to foster a highly-engaged and loyal customer base. Co-Founder and CEO, Colleen Winter said, We are very excited about this partnership with H.I.G. and the shared vision we have for the next stage of LuLu*s growth. H.I.G.s investment will provide us the capital and strategic resources necessary to grow the LuLu*s brand. John Kim, a Managing Director with H.I.G. Growth Partners, commented, LuLu*s is an emerging market leader that provides tremendous value to consumers and suppliers in the fastest-growing segment of e-commerce. We are excited to partner with Colleen, Debra and the entire LuLu*s team to continue the Companys strong growth trajectory, grow the LuLu*s brand, and introduce the LuLu*s experience to an even http://www.chicemma.com greater audience of consumers. As part of the investment, John Kim and Evan Karp from H.I.G. Growth Partners will join the LuLu*s Board of Directors.
Israel says no white phosphorous fired in Gaza this time - Yahoo News
Please enter a valid phone number. Please enter your Phone Number. Send Thanks! A link has been sent. Done Israel says no white phosphorous fired in Gaza this time By By Dan Williams 21 minutes ago 0 shares Done By Dan Williams GROUND FORCES COMMAND BASE Israel (Reuters) - Israel fired almost five times more artillery shells into Gaza during the last month of fighting than in the 2008-2009 war there but did not use controversial white phosphorous this time around, an Israeli general said on Tuesday. Criticized by human rights groups after the previous conflict for posing a burn risk to civilians by shelling the congested Palestinian enclave with white phosphorous to create smoke-screens, Israel said last year it was phasing out those rounds.