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Corporate Summary

•    Shares of Hovnanian Enterprises, Inc. (NYSE:HOV) declined 2.2% after posting fiscal second quarter loss per share of $0.05, contrary to the Zacks Consensus Estimate of earnings per share of $0.01

•    Japanies insurance company Dai-ichi Life Insurance Co., announced its plan to acquire Protective Life Corp. (NYSE:PL) for around $5.7 billion. Shares of Protective Life Corp. surged 18.1%

•    Shares of FuelCell Energy Inc (NASDAQ:FCEL) decreased 7.6% after reporting second quarter adjusted loss per share of $0.04, a cent wider than the Zacks Consensus Estimate

•    Walgreen Company’s (NYSE:WAG) shares rose 4.2% after declaring 4.4% jump in its revenue in May

 

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