Tuesday, 4 June 2013

OVERNIGHT U.S. STOCK MOVERS Tuesday, June 4th, 2013


CME Group (CME +1.24%) upgraded to "Outperform" from "Market Perform" at Wells Fargo who raised their price target on the stock to $80-$90 from $55-$65.
ExactTarget (ET -3.95%) to be acquired by Salesforce.com (CRM -3.05%) for $33.75 per share.
Dollar General (DG +1.42%) reported Q1 EPS of 71 cents, right on expectations, but lowered guidance on fiscal 2013 EPS to $3.15-$3.22, below consensus of $3.28.
Canadian Pacific (CP -0.09%) removed from "Top Picks Live" list at Citigroup and was downgraded to "Underperform" from "Sector Perform" at RBC Capital.
Dick's Sporting Goods (DKS +0.08%) has a strong competitive advantage over Amazon on product availability, says Deutsche Bank who keeps a "Buy" rating on shares of Dick's Sporting with a $57 price target.
Ulta Salon (ULTA -1.12%) downgraded to "Neutral" from "Buy" at Goldman.
ABM Industries (ABM +1.74%) reported Q2 adjusted EPS of 36 cents, better than consensus of 33 cents, and also raised guidance on fiscal 2013 EPS to $1.40-$1.50 from $1.35-$1.45, higher than consensus of $1.40.
General Motors (GM +1.56%) gained over 3% in after-hours trading after it was announced that it will be added to the S&P 500 and Heinz (HNZ +0.14%) will be deleted as of the June 6 close.
SAIC (SAI +2.34%) reported Q1 EPS of 23 cents, weaker than consensus of 26 cents.
Huntington Ingalls (HII -1.38%) is being awarded a $3.33 billion fixed-price incentive, multiyear contract for construction of five DDG 51 class ships, one in each of fiscal 2013-2017 years for the U.S. Navy.
FedEx (FDX +1.41%) increased its quarterly cash dividend 1 cent to 15 cents per share.
Verint Systems (VRNT +1.31%) reported Q1 adjusted EPS of 44 cents, below consensus of 52 cents.


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