Company News for April 13, 2011

•According to a report, Citigroup (NYSE:C) plans to sell 12 million shares of Primerica, Inc.'s (NYSE:PRI) common stock. The bank will receive all of the proceeds from the offering

•Fastenal (NASDAQ:FAST) reported Q1 EPS of $0.54, ahead of the Zacks Consensus Estimate of $0.52 per share. Revenues for the quarter rose 23% year-over-year to $640.6 million, above the Zacks Consensus Estimate of $626.0 million

•Healthcare Services Group (NASDAQ:HCSG) reported Q1 EPS of $0.12, lower than the Zacks Consensus Estimate of $0.15 per share. Revenue for the quarter was up 13% year-over-year to $208.39 million, ahead of the Zacks Consensus Estimate for $205.0 million

•Share prices of Monster Worldwide (NYSE:MWW) gained 2.85% to close at $16.94 after CL King upgraded the stock to ‘Strong Buy’ rating

•Argus downgraded Abercrombie & Fitch (NYSE:ANF) from ‘Buy’ to ‘Hold’ rating largely due to valuations

•Safe Bulkers, Inc. (NYSE:SB) said late Monday that it would offer 5 million shares to finance acquisitions and other activities. Safe Bulkers is a provider of marine-dry bulk transport services

•Late on Monday nursing home operator Skilled Healthcare Group, Inc. (NYSE:SKH) reported that it had hired an adviser to explore alternatives, including a sale

•Share prices of slot-machine manufacturer WMS Industries Inc. (NYSE:WMS) declined more than 17% to close at $30.01 after the company reported third-quarter profits missing the Street's expectations