Macy's, Inc. (M: Quote) is rising over 3 percent to $38.20. The company's second quarter profit and sales improved from the year-ago quarter and were above Wall Street view. The company also raised its earnings guidance for full-year 2012.
A123 Systems, Inc. (AONE: Quote) is jumping 21 percent to $0.569 based on the news that China's Wanxiang Group Corp. would invest up to $450 million in the company. A123 Systems also announced that its second quarter net loss widened from the year-ago quarter. Total revenue for the quarter declined 53 percent.
SodaStream International Ltd. (SODA: Quote) is up 6 percent to $43.80. The company's second quarter profit and revenue surged from the previous year period. The company also raised its growth forecast for 2012 revenue and earnings.
Express Scripts Holding Co. (ESRX: Quote), Dean Foods Co. (DF: Quote) are rising following the release of their results.
McDonald's Corp. (MCD: Quote) is down more than 3 percent to $86.10. The company announced that its global comparable sales were flat in July. The company noted that U.S. comparable sales were down 0.1 percent, citing that the promotional activity did not offset the effects of the sluggish economy and last year's launch of the Mango Pineapple smoothie. The company reported a 0.6 percent decline in comparable sales for Europe and a 1.5 drop for
Asia/Pacific, Middle East and Africa.
Ralph Lauren Corp. (RL: Quote) is falling over 5 percent to $144.26. The company's first quarter earnings increased from the year-ago period and topped analysts' estimate. Net revenues for the quarter advanced 4 percent, but were slightly below the consensus estimate. The company expects its second quarter consolidated net revenues to decline by a mid-single-digit percentage. Meanwhile, the company reiterated its fiscal 2013 sales and profit forecast.
Given Imaging Ltd. (GIVN) is plunging 17 percent to $12.38 as the company lowered its revenue guidance for fiscal year 2012, citing economic weakness in Europe and the associated euro weakness and lower than forecast revenue in the Asia Pacific region in the first half of the year. The company's second quarter GAAP net income increased 59 percent from the year-ago period.
Walt Disney Co. (DIS: Quote), Priceline.com Inc. (PCLN: Quote) are falling in reaction to their quarterly results.
Trading in shares of LB Foster Co. (FSTR: Quote) was halted. The company slipped to a loss in its second quarter. Net sales for the quarter declined 3.8 percent.
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by RTT Staff Writer
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