BUZZ-U.S. Stocks on the Move-TubeMogul, NetSol, Express, Solera, Vapor

Wed Aug 27, 2014 2:40pm EDT
 
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(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

U.S. stocks remained flat near record levels on Wednesday and while overall trading was thin, a number of retail stocks attracted outsized action after reporting results. The Dow Jones industrial average was up 0.08 percent at 17,119.82 and the S&P 500 was down 0.01 percent at 1,999.79.

** TUBEMOGUL INC, $13.63, +47.83 pct

The software company reported second-quarter revenue of $28.7 million, above the average analyst estimate of $24.7 million, on strong demand for its video advertising software. The company also sees 2014 total revenue of $98-$102 million, above analysts' average estimate of $91.7 million

** NETSOL TECHNOLOGIES INC, $3.9499, +42.60 pct

The information technology service provider signed a deal valued at more than $16 million for its next-generation NFS Ascent software with a major multi-finance group in Asia. NFS Ascent software helps automate finance front and back office operations and manage contract portfolio. The company said the software implementation was scheduled to be completed within the next 18 months, with the first phase expected to go live in February.

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