Thursday, May 3, 2012

Thursday’s biggest gaining and declining stocks

Thursday’s biggest gaining and declining stocksOrlando, FL 5/3/12 (StreetBeat) -- Shares of the following companies made notable moves in U.S. trading Thursday:

Gainers

Teradata Corp. (NYSE: TDC +4.95%) shares rose 5.3% Thursday. Earlier, the company reported strong first-quarter earnings that beat analyst estimates, as the firm revised its 2012 outlook modestly higher.

Kensey Nash Corp. (Nasdaq: KNSY +32.20%) shares jumped 32%. Dutch life-sciences company Royal DSM NV agreed to acquire the biomedical company for about $337 million in cash, at a premium of about 33%.

Scripps Networks Interactive Inc. (NYSE: SNI +6.31%) shares were up 6.4% Thursday after the parent of cable channels Food Network and HGTV reported first-quarter results that easily surpassed most forecasts on strong ad sales.

Decliners

Cablevision Systems Corp. (NYSE: CVC -5.24%) shares were down 7.3% Thursday on a first-quarter revenue figure that fell short of most analysts’ estimates. Miller Tabak cut its rating on the cable-television operator to neutral from buy, thouugh the company reported a gain in basic-video customers during the period, in contrast to peers Comcast (Nasdaq: CMCSA +0.08%) and Time Warner Cable (NYSE: TWC -0.64%), the two largest U.S. cable companies.

Prudential Financial Inc. (NYSE: PRU -8.16%) shares dropped 8.1%. Late Wednesday, financial results showed the company swinging to a first-quarter loss on charges relating to currency fluctuations and derivative impacts, mostly related to the Japanese yen’s decline against the U.S. dollar.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

StreetBeat Disclaimer

Distributed by Viestly

No comments:

Post a Comment