A123 Systems Soars On Earnings Beat - RAH, M, AONE, SODA, SVNT

Ralcorp Holdings, Inc. (NYSE:RAH) shares declined 0.72% to $63.80 in the morning hour after the company posted third-quarter net earnings of $29.8 million or $0.53 per share, versus $28.3 million or $0.50 per share in the same period a year ago. Adjusted earnings per share from continuing operations rose to $0.60. Net sales grew to $1.03 billion from $927.8 million in the prior-year quarter. Analysts expected the company to report earnings of $0.63 per share on revenues of $1.03 billion.

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Macy's, Inc. (NYSE:M) stock gained 2.70% to $37.98 after the company posted second quarter net income of $279 million or $0.67 per share from $241 million or $0.55 per share in the year-ago quarter. Net sales advanced year-over-year to $6.12 billion from $5.94 billion. Analysts expected the company to report earnings of $0.65 per share on revenues of $6.10 billion for the quarter.

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A123 Systems, Inc. (NASDAQ:AONE) stock surged 11.49% to $0.535 after the company posted second quarter loss of $82.9 million, or $0.56 per share, as compared with a loss of $55.4 million, or $0.44 per share, in the same quarter last year. Revenue tumbled 53% to $17 million from $36.4 million in the year ago period. Analysts expected a loss of $0.42 per share on $23 million in revenue.

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Additionally, the company also reached a preliminary agreement in which Wanxiang Group Corp. will invest as much as $450 million in the company.

Sodastream International Ltd (NASDAQ:SODA) shares climbed 7.16% to $44.20 in the early hour after the company reported second-quarter net income of $9.5 million or $0.45 per share, as compared with last year's $6.6 million or $0.32 per share. Adjusted net income increased to $10.9 million or $0.52 per share. Total revenue went up 49.1% to $103.0 million from $69.1 million a year ago. Analysts expected earnings per share of $0.46 on revenues of $90.64 million for the quarter.

Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) shares gained 3.34% to $0.599 after the company posted second quarter net loss of $16.4 million, or $0.23 per share, on total revenues of $4.6 million, as compared with a net loss of $30.2 million, or $0.43 per share, on total revenues of $2.0 million for the same period in 2011.