Sears Holdings Corporation (NASDAQ:SHLD) stock
increased 5.97% to $54.49. The company is scheduled to report its
second-quarter results on Aug. 16, 2012, before the market opens. The Street
expects an EPS loss of $0.93 and revenue of $9.63 billion.
Can
SHLD Extend Rally After Earnings This Week? Find Out Here
Additionally, the company has again been selected
to participate in the U.S. Environmental Protection Agency's (EPA's) ENERGY
STAR National Building Competition: Battle of the Buildings, which is designed
to help improve the energy efficiency of commercial buildings and protect the
environment.
Midstates Petroleum Company Inc (NYSE:MPO)
stock gained 4% to $8.32 after the company announced today that it has entered
into an Asset Purchase Agreement with Eagle Energy Production, LLC
("Eagle"), to acquire all of their producing properties as well as
their developed and undeveloped acreage primarily in the Mississippian Lime oil
play in Oklahoma and Kansas for $325 million in cash and 325,000 shares of
Series A Preferred Stock of Midstates with an initial liquidation preference
value of $1,000 per share. The transaction will be effective June 1, 2012 and
closing is expected on or about October 1, 2012, subject to customary closing
conditions.
Should
Investors Buy MPO Now? Find Out Here
Level 3 Communications, Inc. (NYSE:LVLT)
shares climbed 0.27% to $21.97 in the early hour after the company announced
that it has signed a multi-year agreement with Time Warner Cable Inc. to expand
Time Warner Cable's national network. The agreement also includes the delivery
of additional core infrastructure services that will enhance the redundancy and
reliability of the Time Warner Cable network.
Visteon Corporation (NYSE:VC) shares jumped
10.54% to $42.89 after the company announced that Don Stebbins stepped down as
chairman, chief executive officer and president of the Company on August 10,
2012. The Visteon board has appointed current director Timothy D. Leuliette
interim chairman of the board and interim CEO and president.
To
Get Updates Trend Analysis on VC, Apply Here
SYSCO Corporation (NYSE:SYY) stock gained
3.33% to $29.16 after the company’s fiscal fourth-quarter earnings slipped 8%
as the company witnessed costs rise amid continuing food inflation.
The company posted fourth quarter net earnings
of $309.27 million or $0.53 per share, down from $336.31 million or $0.57 per
share in the year-ago period. Adjusted earnings per share declined 1.8% from
the prior-year period to $0.55 from $0.56. Sales for the quarter grew 6% to
$11.05 billion from $10.43 billion in the same period last year. Analysts
expected the company to report earnings of $0.54 per share on revenue estimate
of $11.04 billion.
No comments:
Post a Comment