Bloomberg News

DigitalGlobe, Gap, MasTec, Monster Worldwide, Tudou: U.S. Equity Movers

March 01, 2012

Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York.

Buckle Inc. (BKE) rallied 6.9 percent, the most since Aug. 9, to a record $48.01. The teen retailer said February same-store sales rose 15 percent, beating the average analyst estimate of 6.3 percent.

Chimera Investment Corp. (CIM) fell 3.9 percent, the most since Dec. 27, to $2.95. The mortgage-debt investor missed the deadline to file financial results for the period ended Dec. 31 because of an accounting review.

Clear Channel Outdoor Holdings Inc. (CCO) rose 7.6 percent to $14.23, the highest price since June 2. The billboard company controlled by Bain Capital Partners LLC and Thomas H. Lee Partners LP plans to pay a $2.2 billion dividend, mostly to repay debt.

DigitalGlobe Inc. (DGI) slumped a record 16 percent to $12.96. The satellite-photography company reported fourth- quarter earnings were 10 cents a share, excluding some items, missing the average analyst estimate for a profit of 12 cents.

Gap Inc. (GPS) rose 7.2 percent to $25.05, the highest price since May 2010. February same-store sales at the operator of the largest U.S. apparel chain climbed 4 percent, beating the average analyst estimate for a decline of 1.4 percent.

HiSoft Technology International Ltd. (HSFT) rose 14 percent, the most since Oct. 24, to $13.93. The provider of information technology and research services said, excluding some items, it expects to earn at least $1.14 a share this year. Two analysts estimated $1.05 on average, according to a Bloomberg survey.

James River Coal Co. (JRCC) rose 8.4 percent, the most since Feb. 2, to $6.21. The coal company reported fourth-quarter sales that exceeded the average analyst estimate by 8.7 percent, according to data compiled by Bloomberg.

LHC Group Inc. (LHCG) jumped 12 percent, the most since May 2009, to $19.11. The provider of home health-care services reported fourth-quarter profit that beat the average analyst estimate by 8.9 percent, according to Bloomberg data.

MasTec Inc. (MTZ) gained 12 percent, the most since November 2010, to $19.70. The contractor forecast first-quarter sales of $725 million, higher than the average analyst estimate of $660.8 million in a Bloomberg survey.

McDermott International Inc. (MDR) rose 14 percent, the most since Oct. 5, to $14.86. The offshore oil and gas contractor said the first quarter will be the “trough period” of the year and it expects “improvement in many areas” in 2012.

Monster Worldwide Inc. (MWW) rose 15 percent, the most since Aug. 30, to $8.01. The world’s largest online-recruiting company said it’s considering “all other strategic alternatives” to boost shareholder value.

Pegasystems Inc. (PEGA) surged 31 percent, the most since May 2009, to $36.78. The developer of customer relationship management software reported fourth-quarter earnings of 16 cents a share, excluding some items, beating the average analyst estimate of 5 cents a share.

Sauer-Danfoss Inc. (SHS) sank 11 percent, the most since Aug. 8, to $48.16. The maker of mobile hydraulic systems reported fourth-quarter earnings of 57 cents a share as profit was hurt by recall costs by about 10 cents a share.

Sotheby’s (BID) dropped 9.1 percent, the most since Sept. 30, to $35.75. The publicly traded auctioneer of fine arts and collectibles said fourth quarter profit fell 26 percent as sales slid.

Tudou Holdings Ltd. (TUDO) (TUDO US) tumbled a record 19 percent to $12.89. China’s second-largest video website reported a net loss in the fourth quarter, compared with a profit in the previous three months.

Westport Innovations Inc. (WPRT) added 5.9 percent, the most since Jan. 31, to $42.85. The developer of natural-gas engine technologies reported a third-quarter loss of 30 cents a share, narrower than the average analyst estimate for a loss of 31 cents.

Zumiez Inc. (ZUMZ) rose 4.4 percent, the most since Jan. 5, to $32.81. The retailer said comparable store sales rose 14.2 percent in February, beating the average analyst estimate of 5.3 percent.

To contact the reporter on this story: Whitney Kisling in New York at wkisling@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net


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