Breaking News
FONT-SIZE Plus   Neg
Share SHARE

After-market Movers For May 2 (V, PRU, GMCR, WFM, APKT, VCLK, WTW, MITK, NVTL)

RELATED NEWS
Trade V now with 

Gainers:

Whole Foods Market, Inc. (WFM: Quote) gained 3 percent to $86.75. The company's second quarter earnings improved from the year-ago period and were above consensus. Sales increased 14 percent, and was in-line with market projection. In addition, the company raised its earnings per share forecast for fiscal 2012, which is above consensus.

Acme Packet, Inc. (APKT: Quote) rose 10 percent to $31.00. The company's first quarter profit plunged from the previous year period, but its non-GAAP earnings per share topped analysts' estimate by a penny. Total revenue also surpassed the consensus estimate.

Decliners:

Visa, Inc. (V: Quote) fell over 1 percent to $120.50. The company's second quarter profit rose 47% from the last year period. Earnings per share, excluding items, and revenues were above Wall Street view.

Green Mountain Coffee Roasters Inc. (GMCR: Quote) plunged 41 percent to $29.12. The company's second quarter earnings per share met analysts' estimate, while sales were below consensus. The company guided third quarter results below consensus. In addition, the lowered its earnings and sales guidance for 2012.

ValueClick, Inc. (VCLK: Quote) fell 16 percent to $18.03. The company's first quarter profit advanced from the year-ago quarter and was above analysts' expectation. Total revenues rose 31 percent, but missed the consensus estimate. The company guided second quarter revenue below consensus.

Weight Watchers International, Inc. (WTW: Quote) declined nearly 16 percent to $63.98 as the company first quarter earnings declined from the previous year quarter and were below Wall Street view. Revenues also missed the consensus estimate.

Prudential Financial, Inc. (PRU: Quote) declined more than 5 percent to $57.50 as the company slipped a loss in its first quarter. After-tax adjusted operating income for the Financial Services businesses declined from the prior year period.

Mitek Systems Inc. (MITK: Quote) plunged 50 percent to $2.91. The company swung to a loss in its second quarter of 2012. Revenue plummeted from the prior year period, primarily driven by the decrease in the number of licenses signed for its patented imaging software products.

Novatel Wireless Inc. (NVTL: Quote) fell 8 percent to $2.58. The company's first quarter GAAP loss widened from the previous year period. Revenue for the quarter rose 62 percent and was above consensus. The company expects to report a loss on a non-GAAP basis for the second quarter and revenues to miss consensus.

Register
To receive FREE breaking news email alerts for Visa Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The United Nations Security Council (UNSC) on Thursday declared the ongoing Ebola outbreak in West Africa "a threat to international peace and security." Notably, the declaration was made in the Council's first emergency meeting on a public health issue. The fifteen-member Council also unanimously... Oracle Corp. said Thursday after the markets closed that its first quarter profit fell slightly from last year, hurt mainly by higher income tax expenses even as revenue increased 3%. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations as did its quarterly revenue. After ending the previous session mostly higher following the Federal Reserve's monetary policy announcement, stocks saw further upside during trading on Thursday. The gains on the day lifted the Dow and the S&P 500 to new record closing highs.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.