PetSmart, Inc. (NASDAQ:PETM) stock gained 4.24% to
$70.30 after the company reported second quarter earnings of $78.5 million, or
$0.71 a share, from $61.2 million, or $0.54 a share, in the same quarter a year
earlier. Same-store sales rose 7%. In May, the company forecast quarterly
earnings in between $0.61 to $0.65 a share, and same-store sales growth in the
mid-single-digits range. Revenue grew 8.9% to $1.62 billion, narrowly topping
analysts' predictions of $1.6 billion.
Can PETM Continue To Move Higher? Find Out Here
Beazer Homes USA, Inc. (NYSE:BZH) stock gained 4.80%
to $2.84. The shares of Beazer Homes were upgraded by research analysts at
JPMorgan Chase from an underweight rating to an overweight. The company last
announced its earnings results on August 3. The company reported ($0.38)
earnings per share for the quarter, missing the analysts’ consensus estimate of
($0.33) by $0.05. The company’s quarterly revenue was up 47.3% on a
year-over-year basis. Analysts expect that Beazer Homes USA will post $-1.07
EPS for the current fiscal year.
NovaGold Resources Inc. (USA) (NYSEAMEX:NG) shares
climbed 7.78% to $4.85 in the early hour. The 52 week trading range for the
company is $3.61 - $11.77. The shares of the company fell 51% in the last one
year. The company is a precious metals company engaged in the exploration and
development of mineral properties in North America. The Company has a portfolio
of mineral properties located in Alaska, the United States and British
Columbia, Canada.
Should Investors Buy NG Now? Find Out Here
Baidu.com, Inc. (ADR) (NASDAQ:BIDU) stock increased
3.16% to $134.21. The 52 week trading range for the company is $99.71 -
$154.15. The shares of the company fell 3% in the last six months. The company
is a Chinese-language Internet search provider. Baidu serves three types of
online participants, which include users, customers and Baidu union members.
NII Holdings, Inc. (NASDAQ:NIHD) shares fell 4.47%
to $6.63 in the early hour. NII Holdings had its price target lowered by
Barclays Capital from $12.00 to $7.00 and have an underweight rating on the
stock last week. The company last issued its earnings results on August 7. The
company reported ($0.60) EPS for the quarter, missing the Thomson Reuters
consensus estimate of $0.03 by $0.63. The company’s quarterly revenue was down
14.7% on a year-over-year basis. On average, analysts predict that NII Holdings
will post $-0.29 earnings per share for the current fiscal year.
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