Shutterfly, Inc. (SFLY: Quote) is gaining nearly 14 percent to $30.62. Bankrupt Eastman Kodak Co. (EKDKQ.PK) has entered into an agreement with the company for the proposed sale of certain assets of its KODAK Gallery on-line photo services business for $23.8 million.
Ascena Retail Group Inc. (ASNA) is up over 8 percent to $42.25. The company's second quarter profit jumped from the year-ago quarter. Both earnings per share and revenue were above Wall Street view. The company raised its outlook for the full year 2012.
Zynga Inc. (ZNGA: Quote) is up 4 percent to $15.10.
SciClone Pharmaceuticals, Inc. (SCLN: Quote) is down 8 percent to $4.15. The company announced results from a pre-planned interim analysis of the phase 2b trial of SCV-07 in patients with oral mucositis indicate that the trial would not meet the pre-specified efficacy endpoints.
Overstock.com, Inc. (OSTK: Quote) is plunging 10 percent to $6.23 as the company slipped to a loss in its fourth quarter. Revenues declined 10 percent from the year-ago quarter and were below consensus.
Amarin Corporation plc (AMRN: Quote) is down 4 percent to $8.40. The company said it is continuing to execute on its plan to protect the proprietary position of AMR101, its lead product candidate, in its intended indications.
Big Lots, Inc. (BIG: Quote) is down 1 percent to $43.97. The company's fourth quarter profit and net sales improved from the previous year period.
Apple Inc. (AAPL: Quote) is down 0.18 percent to $543.50. The company reached a milestone on Wednesday when its stock market value topped the $500 billion mark. Apple became the sixth company ever to touch the half-trillion mark.
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by RTT Staff Writer
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