Thursday, 6 June 2013

OVERNIGHT U.S. STOCK MOVERS, June 6Th 2013


CNET reports that the Touchscreen BlackBerry (BBRY +0.66%) A10 is set to launch in November.
Vera Bradley (VRA -0.22%) downgraded to "Neutral" from "Outperform" at RW Baird.
JM Smucker (SJM -0.26%) reported Q4 EPS of $1.29, better than consensus of $1.16.
Limited Brands (LTD -0.54%) reports May comparable store sales up 3%.
Ciena (CIEN -1.03%) reported Q2 adjusted EPS of 2 cents, better than consensus of a -1 cent loss.
Greif (GEF -1.84%) reported Q2 EPS of 70 cents, slightly better than consensus of 69 cents.
Endo Health (ENDP -1.37%) lowered guidance on fiscal 2013 adjusted EPS to $4.10-$4.40, below consensus of $4.27, and it also announced strategic alternatives to cut annual operating expenses by $325 million, which includes reducing its workforce by 15%.
J.C. Penney (JCP +1.11%) was initiated with a "Buy" with a price target of $23 and Dollar Tree (DLTR -0.89%) was also initiated with a "Buy" at Sterne Agee with a price target of $58.
Thermo Fisher (TMO -2.35%) announced a $2.2 billion common stock offering.
rue21 (RUE +0.21%) reported Q1 EPS of 44 cents, lower than consensus of 46 cents, and lowered guidance on fiscal 2013 EPS to $1.98-$2.03 from $2.00-$2.05, below consensus of $2.02.
Ascena Retail (ASNA -1.14%) reported Q3 adjusted EPS of 26 cents, lower than consensus of 30 cents, and cut guidance on fiscal 2013 EPS to $1.10-$1.15 from $1.20-$1.30..
VeriFone (PAY -4.94%) tumbled 18% in after-hours trading after it reported Q2 EPS ex-items of 42 cents, weaker than consensus of 47 cents.

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