Dell Inc. (DELL) is rising more than 3 percent to $14.63. The company's special committee of the board announced the receipt of two alternative acquisition proposals from Blackstone and the other by Carl Icahn. The company noted that both proposals could reasonably be expected to result in superior proposals.
Dollar General Corp. (DG) is rising over 4 percent to $52.40. The company's fourth quarter profit improved from the prior year period and was above Wall Street view. Quarterly net sales edged up 0.5 percent, but missed the consensus estimate. Excluding last year's extra one-week sales, net sales rose 8 percent. The company forecast fiscal 2013 adjusted earnings in-line with analysts' estimate, with total sales growth of 10 to 12 percent and same-store sales growth of 4 to 6 percent.
Apollo Group Inc. (APOL) is gaining 8 percent to $18.41. The company's second quarter profit and revenues declined from the prior year, but topped Wall Street view. University of Phoenix Degreed Enrollment fell 15.5 percent, while New Degreed Enrollment declined 20.1 percent. The company forecast fiscal year 2013 net revenue in-line with the consensus estimate.
Trius Therapeutics, Inc. (TSRX) is rising 2 percent to $7.15 following its announcement of positive results from ESTABLISH 2 study of Tedizolid in severe skin infections.
BlackBerry (BBRY) is falling 4 percent to $14.23.
J. C. Penney Co. Inc. (JCP) is down 1 percent to $15.25.
United Therapeutics Corp. (UTHR) is declining 6 percent to $57.00 following the news that it has received a second complete response letter from the FDA declining to approve its new drug application for treprostinil diolamine extended release tablets for the treatment of pulmonary arterial hypertension.
by RTT Staff Writer
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