Wipro (NYSE:WIT) reported quarterly earnings of $0.07 per share which met the analyst consensus estimate. This is a 40 percent increase over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $2.22 billion which beat the analyst consensus estimate of $2.17 billion by 2.35 percent. This is a 6.57 percent increase over sales of $2.08 billion the same period last year.
Understanding Starbucks’s Unusual Options Activity
On Wednesday, shares of Starbucks (NASDAQ:SBUX) saw unusual options activity. After the option alert, the stock price moved down to $116.1.