Gainers:
Tellabs, Inc. (TLAB) is surging 15 percent to $3.41. The company announced that it has appointed Daniel Kelly as its chief executive officer and president. Kelly has served as Tellabs acting chief executive officer and president since June 27, 2012. The company also declared a special cash dividend of $1.00 per share.
Ulta Salon, Cosmetics & Fragrance, Inc. (ULTA) is rising 6 percent to $99.00. The company's third quarter profit and net sales improved from the year-ago quarter and were above analysts' estimates. The company provided a strong fourth quarter outlook and also raised its full-year earnings forecast.
Decliners:
Teva Pharmaceutical Industries Ltd (TEVA) is falling nearly 2 percent to $39.50 following the news that it forecast 2012 non-GAAP financial performance below Wall Street view.
Zynga, Inc. (ZNGA) is down over 8 percent to $2.39 based on the disclosure that the online social-game developer and Facebook, Inc. (FB) have amended their developer agreements, whereby Facebook will no longer be prohibited from developing its own games.
Yum! Brands, Inc. (YUM) is down 7 percent to $69.10. The company reconfirmed its full-year 2012 earnings per share growth forecast. However, the company anticipates softer sales in China, where same-store sales are expected to be a negative 4 percent.
Supernus Pharmaceuticals, Inc. (SUPN) is falling 16 percent to $8.25. The company announced the pricing of public offering of 6 million shares of its common stock at $8.00 per share.
Trading halt:
Trading in shares of VeriSign, Inc. (VRSN) was halted. The company announced the U.S. Department of Commerce approval for newly revised .com registry agreement with certain new terms and conditions.
For comments and feedback: editorial@rttnews.com