Shawshank, VA 5/30/12 (StreetBeat) -- Here are some of the biggest gaining and declining stocks on Wednesday morning:Gainers
Booz Allen & Hamilton (NYSE: BAH +14.65%) rose 14% after posting a sharp increase in fiscal fourth-quarter earnings with the help of higher revenue from government markets and improved margins.
Fresh Market (Nasdaq:TFM +11.87%) jumped almost 13% after the organic grocery chain reported a hefty rise in quarterly profit on robust same-store sales growth and upped its top and bottom line forecast for the rest of the year.
Neonode (NYSE:NEON +25.08%) shares jumped 22%. The company will make a presentation later Wednesday at Cowen & Co.’s technology, media and telecom Conference in New York.
Decliners
KBR (NYSE:KBR -5.56%) fell about 7% following a management reshuffle announcd late Tuesday.
Pep Boys — Manny Moe & Jack (NYSE:PBY -21.82%) shares fell 22% on Wednesday after a deal to sell the company to private-equity firm Gores Group fell through.
Shares of Perfect World (NYSE:PWRD -14.26%) shed 14%. The Chinese online gaming company said late Tuesday first-quarter earnings fell 21% from a year ago and issued a disappointing outlook.
Research In Motion Ltd. (Nasdaq:RIMM -7.38%) shares fell 10%. Late Tuesday, the BlackBerry maker said it would likely post a first-quarter operating loss — a reflection of “lower volumes and highly competitive pricing dynamics in the marketplace,” according to Chief Executive Thorsten Heins.
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
No comments:
Post a Comment