Shawshank, VA 10/6/2011 (PennyPayDay) – Co-founder and former Apple CEO Steve Jobs died Wednesday, the tech giant confirmed in a statement. Jobs was 56.Apple shares fell 0.5% to $376.41 in premarket trading Thursday.
OCZ Technology, a provider of solid-state drives for computing devices, said it expects fiscal year 2012 revenue to be in the range of $320 million to $350 million, compared with $190 million in fiscal year 2011, after swinging to profit in the second quarter.
Shares were surging 16.5% to $5.79.
Sports apparel retailer Zumiez said it now expects earnings of 40 cents to 41 cents a share in its third quarter. The company's prior forecast was for a profit of 37 cents to 39 cents a share.
The current average estimate of analysts polled by Thomson Reuters is for earnings of 39 cents a share.
Shares were surging 14.4% to $21.50.
Restaurant operator Ruby Tuesday said Wednesday that its fiscal first-quarter earnings fell 75% as sales dropped. The company reported a profit of 5 cents a share, meeting estimates. The company said it expects to lose 4 cents during the current quarter, and cut its full-year forecast.
Shares were tumbling 9.2% to $6.50.
Wine company Constellation Brands reported second-quarter earnings of 77 cents a share vs. the average analyst estimate of 66 cents a share.
Shares were jumping 6.8% to $19.99.
Reuters reported Wednesday that software giant Microsoft was mulling an acquisition bid for Internet company Yahoo!. The report has since been shot down by other outlets.
Yahoo! shares were falling 4.1% to $15.27.
Chipotle Mexican Grill has been downgraded to market perform from outperform at William Blair.
Shares were falling 2.9% to $292.
Retailer Target net retail sales for the five weeks ended Oct. 1 increased 6.5% to $5.923 billion from $5.562 billion for the comparable five-week period a year ago.
September comparable-store sales increased 5.3%.
Shares were gaining 2.7% to $51.10.
Microsoft is set to win European Union approval for its planned $8.5 billion acquisition of online telephone service Skype, according to the Financial Times.
Microsoft shares were up 0.5% to $26.02.
Hotel operator Marriott International seesearnings of 40 cents to 45 cents a share for the fourth quarter vs. the consensus view of 49 cents.
For the third quarter, Marriot booked a net loss of $179 million, or 52 cents a share, compared with a year-earlier profit of $83 million, or 22 cents. Costs related to the timeshare business dragged down the hotelier's third-quarter results.
Excluding those charges, adjusted earnings came to $104 million, or 29 cents a share, topping analysts' consensus call by 2 cents.
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