Green Mountain Coffee Roasters Inc.(NASDAQ:GMCR) shares fell 1.72% to $25.91. Yesterday, the stock was up 9% after saying it will make private-label capsules for Costco Wholesale (COST) Corp. The company will be the exclusive K-Cup pack manufacturer for Costco’s Kirkland Signature brand.
Additionally, the company announced that the Company plans to announce financial results for its fiscal 2012 fourth quarter and full year in a press release to be issued following the close of the financial markets on Tuesday, November 27, 2012.
AngloGold Ashanti Limited (ADR)(NYSE:AU) shares declined 0.95% to $33.26. The company said work at both its Mponeng and TauTona mines in South Africa should resume on Sunday following the resolution of sit-ins protests over bonus payments. The gold producer, Africa's biggest and the global No. 3, also said that all of its other mines in South Africa were operating and ramping up output to full production following weeks of illegal wildcat strikes.
A123 Systems, Inc.(NASDAQ:AONE) shares declined 5.62% to $0.126 after Wanxiang America Corp. said it wants to be the lead bidder for the assets of A123 Systems, the bankrupt maker of electric-car batteries that received a $249.1 million federal grant.
The company has earlier asked a judge to approve a $50 million loan from Wanxiang America Corp., replacing Johnson Controls Inc. (JCI) as the lender for its Chapter 11 case. The company at a Nov. 5 hearing will seek approval of the financing from Wanxiang, which loaned the company $22.5 million before it entered bankruptcy Oct. 16.
Dendreon Corporation(NASDAQ:DNDN) stock gained 9.09% to $4.20 after the company reported a third quarter loss of $154.86 million or $1.04 per share from $147.11 million or $1.01 per share in the same quarter last year. Adjusted net loss totaled $50.03 million or $0.33 per share last year. Analysts expected the company to report a loss of $0.86 per share for the quarter. However, quarterly revenues rose to $77.97 million from $64.28 million in the prior year, while analysts estimated the company to report revenues of $80.73 million.
Hess Corp.(NYSE:HES) stock increased 3.17% to $54.32 after the company reported a third quarter profit of $557 million, or $1.64 a share, from $298 million, or $0.88 a share, in the same quarter a year earlier. Revenue increased 10% to $9.62 billion. Analysts most recently projected earnings of $1.19 a share on revenue of $9.25 billion.