29.04.2014 00:16:48
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After-market Movers For April 28 (HIG, HLF, BWLD, GOGO, TCS, UCTT)
(RTTNews) - Gainers:
Hartford Financial Services Group, Inc. (HIG) gained 2 percent to $35.16. The company swung to a profit in its first quarter and its core earnings per share topped Wall Street view. Total revenues plunged from the year-ago quarter, but topped the consensus estimate. Earlier today, the company announced that it agreed to sell Japan annuity company HLIKK to a subsidiary of ORIX Corp., for $895 million.
Herbalife Ltd. (HLF) inched up 0.25 percent to $59.00. The company's first quarter profit declined from the prior year period, while its adjusted earnings came above analysts' expectation. Net sales rose 12 percent and topped the consensus estimate. The company raised its full year 2014 guidance. The company also stated that it is terminating quarterly cash dividend and instead utilizing the cash to repurchase additional shares during the second quarter of 2014.
Buffalo Wild Wings Inc. (BWLD) rose 5 percent to $140.30. The company's first quarter results were above Wall Street view. The company said results were helped by the addition of company-owned restaurants, the strength of same-store sales and a 440-basis point improvement in cost of sales due to lower traditional chicken wing prices. The company raised its fiscal 2014 net earnings growth guidance to 25 percent.
Decliners:
In-flight Internet connectivity provider Gogo Inc. (GOGO) plunged 18 percent to $15.00 following AT&T's (T) announcement on plan to launch a high-speed 4G LTE-based in-flight connectivity service for airlines and passengers in commercial, business and general aviation. The service is planned to be available as soon as late 2015. AT&T plans to work with Honeywell (HON) to provide hardware and service capabilities to deliver the in-flight connectivity solution.
The Container Store Group, Inc. (TCS) declined 8 percent to $27.50. The company reported a profit in its fourth quarter, while adjusted earnings were lower than in the year-ago quarter. Net sales declined from the year-ago quarter. The company forecast fiscal 2014 net sales in line with analysts' estimate and earnings per share below market view.
Ultra Clean Holdings Inc. (UCTT) fell 19 percent to $9.58. The company swung to a profit in its first quarter, but earnings per share missed Wall Street view. Revenue improved 14.2 percent and came above the consensus estimate. The com pay noted that its gross margins for the quarter were lower than expected. The company forecast second quarter earnings below market view and revenue in line with estimate.
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Aktien in diesem Artikel
AT&T Inc. (AT & T Inc.) | 22,40 | 0,02% | |
Gogo Inc | 7,50 | 0,67% | |
Hartford Financial Services Group Inc. | 106,00 | 0,00% | |
Herbalife Ltd. | 7,05 | -2,54% | |
Ultra Clean Holdings Inc. | 35,40 | -0,56% |