NEW YORK (MarketWatch) � Shares of the following companies made notable moves in Wednesday�s U.S. stock market:
AdvancersAOL Inc. AOL � shares gained 9.6% after the operator of Internet portals reported the pace of its revenue declines stabilized in the fourth quarter.
Aspen Technology Inc. AZPN � shares added 12.6% after the maker of software used by oil and chemical firms reported second-quarter earnings that beat estimates.
Broadcom Corp. BRCM � rallied 8% after the semiconductor company late Tuesday reported fourth-quarter profit that exceeded expectations.
Click to Play Addicted to central-bank stimulus?China and the U.K. post better-than-expected manufacturing data, and there are hints that a fragile-looking recovery is under way. But is this too reliant on stimulus from central banks?
Corinthian Colleges Inc. COCO � shares jumped 36% after the educator projected a strong third quarter.
Cytec Industries Inc. CYT � rose 14.7% a day after the reinforced-plastics maker said it hired JPMorgan Chase & Co. to explore its options for separating its coating resin business.
Dendreon Corp. DNDN � shares rose almost 5% after the drug developer named John Johnson, an executive at Savient Pharmaceuticals Inc. SVNT as its new president and CEO. Shares of Savient fell 10.7%.
Fortinet Inc. FTNT � shares rose almost 10% a day after the maker of network-security systems reported fourth-quarter earnings that beat estimates.
IAC/InterActiveCorp. IACI � shares climbed 6.3% after the operator of websites including Ask.com and Match.com reported a fourth-quarter profit that beat analysts� estimates.
Lynas Corp. LYSCF � U.S.-listed shares leapt 15.5%. Bloomberg attributed the rise to the Australian miner getting a temporary operating license to start work in Malaysia.
MARKETS | Expanded markets coverage�The Tell: Market news and analysis
� U.S. and Canada markets |Canada section
� European and Middle Eastern markets
� Asia � from Japan to China to Australia
� Latin America: Brazil, Argentina, Mexico, more
TOOLS AND DATA | Markets data menu
� My Portfolio: Know where your funds are?
�Real-time currency exchange rates
�After-hours stock screener
market SECTORS
�Financials
�Bonds
�Energy
�Airlines�Tech Stocks
�Metals
�Telecom
�Biotech�Oil news
�Retail
�Key indexes
�ETF finder /conga/story/misc/markets.html195153
ManpowerGroup MAN � shares surged 14.3% after the staffing company reported fourth-quarter results that topped estimates.
Marathon Petroleum Corp. MPC � advanced 9.6% after the refiner said it might spin off some assets and would repurchase as much as $2 billion of its shares. The company also reported fourth-quarter results.
Medivation Inc. MDVN � shares gained 22% after researchers on Tuesday reported the drug developer�s experimental prostate treatment yielded positive results.
Morgan Stanley MS � shares gained nearly 4% after Bloomberg cited four people familiar with the matter in reporting social-networking service Facebook Inc. had picked the securities firm to lead its planned initial public offering.
Whirlpool Corp. WHR � shares leapt 13.5% after the household-appliance maker projected 2012 earnings that beat analysts� consensus estimates.
DeclinersAmazon.com Inc. AMZN �shares fell almost 8% a day after the online retailer reported fourth-quarter revenue below Wall Street estimates and warned of a coming quarterly loss. Read more on Amazon�s shortfall and lackluster outlook.
AMR Corp. AAMRQ � shares fell more than 13% after the bankrupt parent of American Airlines reportedly planned to cut thousands of jobs.
C.H. Robinson Worldwide Inc. CHRW � shares shed 7% after the transportation-services provider reported fourth-quarter earnings short of expectations.
JDAS Software Group Inc. JDAS � shares declined more than 17% after the maker of retail software said it received a notice from the U.S. Securities and Exchange Commission requesting accounting-related information.
Hudson Valley Holding Corp. HVB � shares lost almost 19% after the provider of commercial-banking services reported fourth-quarter earnings below estimates.
Quicksilver Resources Inc. KWK � shares declined 6% after Bank of America Corp. downgraded the oil-and-gas producer to underperform from buy.
No comments:
Post a Comment