Gainers:
Harvest Natural Resources, Inc. (HNR: Quote) is rising 85 percent to $9.03. The company announced that its subsidiary HNR Energia B.V. has signed a Share Purchase Agreement with Indonesia's PT Pertamina to sell all of the company's interests in Venezuela for $725.0 million in an all-cash transaction.
Monster Beverage Corp. (MNST: Quote) is up 2 percent to $76.45 based on the news that Monster Beverage Corp. (MNST) will replace Sara Lee Corp. (SLE) in the S&P 500 index.
Decliners:
Ryder System, Inc. (R: Quote) is falling nearly 9 percent to $37.30. The company lowerd its second quarter and full year forecast citing lower-than-expected results in its Fleet Management Solutions business.
Arch Coal Inc. (ACI: Quote) is down nearly 1 percent to $6.15. The company announced its plan to idle several operations and to reduce production at other mining complexes in Appalachia citing unprecedented downturn in demand for coal-based electricity. The company expects these actions, along with other recent changes in Appalachia, to result in total workforce reduction of 750 full-time employee positions.
Repligen Corp. (RGEN: Quote) is falling more than 21 percent to $3.44. The company announced that it has received a Complete Response Letter from the FDA regarding its New Drug Application for RG1068 (synthetic human secretin).
Darden Restaurants, Inc. (DRI: Quote) is falling 3 percent to $48.60. The company's fourth quarter profit improved from the year-ago quarter. Sales increased from the previous year period, but missed the consensus estimate.
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by RTT Staff Writer
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