Thursday, 27 September 2012

US Stocks to watch!

Bank of America - The bank announced it has canceled plans to auction a foreclosed mansion worth $23 million in Arlington, Virginia. The auction had been scheduled for 11:30 am Thursday.

Cepheid - The molecular diagnostics company warned that its third-quarter revenue will be between $79 million and $81 million, missing Wall Street estimates for $84 million. Meanwhile, the company reaffirms its full-year revenue guidance of between $333 million and $347 million, which was mostly in line with expectations. Shares tumbled in extended-hours trading.
Owens-Illinois - The container glass manufacturer said it plans to build a new glassmaking R&D center in Perrysburg, Ohio.

Thomson Reuters - The business data provider is considering sale of its Corporate Services division, which is said to be worth nearly $100 million, according to a report from the Wall Street Journal.

Thor - The RV maker posted earnings of 84 cents a share, topping estimates for 77 cents a share. Meanwhile, revenue was in line with expectations. Shares rallied in extended-hours trading.

Progress Software - The software maker posted earnings of 31 cents a share, excluding one-time items, on revenue of $107 million. Analysts expected the company to post a profit of 24 cents a share on sales of $112 million. Shares rallied in extended-hours trading.

Worthington Industries - The diversified metal manufacturer posted earnings of 49 cents a share on revenue of $666 million, edging past expectations for 47 cents a share on sales of $660 million.

Wednesday, 26 September 2012

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