Applied Materials Inc (NASDAQ:AMAT) declined 1.14% to $10.89 on a traded volume of 5.30 million shares. The Company has solved the interconnect technology. The Company has announced Applied EnduraR AmberTM PVD system that connects the billions of transistors on a chip. The system features revolutionary copper reflow technology. The Amber system is the only single-chamber solution proven to enable void-free copper structures at the 1Xnm node - a critical challenge in the manufacturing of advanced logic and memory devices.
The Company revealed its Applied UVisionR 5 wafer inspection system for detecting defects in the critical patterning layers of logic devices at the sub-20nm node.
Helen of Troy Limited (NASDAQ:HELE) plunged 11.33% to $30.17 after the Company restated the fiscal year 2013 guidance. The Company expects net sales to be in the range of $1.3 billion to $1.325 billion. The Company expects earnings per fully diluted share to be in the range of $3.70 to $3.80. However, analysts expect the Company to report revenue of $1.311 billion and EPS of $3.90 for fiscal 2013.
Beazer Homes USA Inc (NYSE:BZH) decreased 7.40% to $3.13. The Company started concurrent underwritten public offerings of common stock and tangible equity units. The Company is offering $75 million of its common stock and 3,000,000 of its tangible equity units in the concurrent offerings. The Company intends to use the net proceeds from these concurrent offerings for growth capital.
General Motors Company (NYSE:GM) went down 0.64% to $20.09. The Company reported the number of vehicles sold by the company in the U.S. in June surged 15.5% to 248,750. The increase in sales was due to strong incentives and lower interest rates offered.
The Company will offer no-haggle pricing on 2012 Chevrolet cars and trucks plus a 60-day, money- back guarantee on 2012 and 2013 Chevys.
The Shaw Group Inc (NYSE:SHAW) plunged 6.31% o $26.60 on a traded volume of 428k shares after the Company reported third quarter results. Loss was $16 million or 24 cents per share compared to loss of $70 million or 89 cents a share in the prior year period. Revenue was $1.6 billion compared $1.5 billion in the prior year period.