Superior Energy Services, Inc. (NYSE:SPN) shares
fell 5.11% to $22.12 after the company announced second-quarter net income of
$141.9 million or $0.89 per share, as compared to $48.1 million or $0.59 per
share in the year ago period. Non-GAAP adjusted earnings from continuing operations
for the the second quarter of 2012 was $131.6 million, or $0.83 per share.
Revenue for the quarter rose to $1.243 billion from $479.9 million in the year
ago quarter. Analysts expected the company to report earnings of $0.82 per
share on revenues of $1.28 billion for the quarter.
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Free Trend Analysis on SPN
OCZ Technology Group Inc. (NASDAQ:OCZ) shares
declined 9.43% to $5.75 in the morning hour after the company said that its
enterprise Z-Drive R4 PCI Express (PCIe) SSD series has achieved VMware
Ready(TM) status. This designation indicates that after a detailed validation
process Z-Drive R4 PCIe SSDs have achieved VMware's highest level of
endorsement, and can be found on the VMware Solution Exchange (VSX).
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Should Investors Trade OCZ, Get Trend
Analysis
Humana Inc. (NYSE:HUM) stock declined 8.66% to
$64.44 after the company posted a second-quarter profit of $356 million, or
$2.16 per share, from $460 million, or $2.71 a share, in the year-earlier
period. The company topped the second-quarter earnings of $1.98 to $2.08 a
share it projected back in May. Additionally, the company lowered its guidance
to a range of $6.90 to $7.10 a share.
Can
Shares of HUM rebound After Today’s Fall?
ANADIGICS, Inc. (NASDAQ:ANAD) shares fell 11.46% to
$1.39 after the company reported second-quarter net loss of $20.9 million or
$0.30 per share, as compared to $13.1 million or $0.19 per share in the same
quarter last year. Adjusted net loss for the quarter was $17.9 million or $0.25
per share. Net sales declined 29.5% to $25.1 million from $35.6 million in the
comparable quarter last year. Analysts expected loss of $0.20 per share on
revenues of $26.26 million for the quarter.
Additionally, Needham & Company downgraded
ANADIGICS from Buy to Hold.
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