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Zacks #1 Stocks on the Move 06/19/2013
| Company Name | Symbol | %Change |
|---|---|---|
| SONIC FOUNDR | SOFO | 4.40% |
| SUPPORTCOM I | SPRT | 3.75% |
| UNISYS CORP | UIS | 3.31% |
| SHORETEL INC | SHOR | 3.22% |
| GREEN MOUNTA | GMCR | 3.13% |
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•ADTRAN, Inc. (NASDAQ:ADTN) reported Q1 EPS of $0.52, ahead of the Zacks Consensus Estimate for $0.47 per share. Revenue for the quarter increased 30% year-over-year to $165.52 million, beating the Zacks Consensus Estimate for $163.0 million
•JPMorgan Chase & Co (NYSE:JPM) reported Q1 EPS of $1.28, ahead of the Zacks Consensus Estimate of $1.15 per share. Revenues for the quarter were $25.22 billion, above the Zacks Consensus Estimate of $25.406 billion
•Mesabi Trust’s (NYSE:MSB) shares fell 7.87% after the company reported its plans to cut dividends. The company is an owner of mining rights in parts of Minnesota
•Analysts at Deutsche Bank initiated coverage of drug maker Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) with a "Buy" rating
•Maker of computer networking products Riverbed Technology, Inc.’s (NASDAQ:RVBD) shares rose 12.35% to $34.74 after the company projected first-quarter earnings above expectations
•Citigroup Inc. (NYSE:C) upgraded drug company GTx, Inc. (NASDAQ:GTXI) from "Hold" to "Buy" rating
•Oil and gas producer CAMAC Energy Inc. (AMEX:CAK) said a report found that the company may be able to recover more crude than previously estimated from an area off Nigeria
•Share prices of natural gas firm Eagle Rock Energy Partners LP (NASDAQ:EROC) gained 12.90% to close at $11.55 after it said it would acquire CC Energy II LLC
•Silgan Holdings Inc. (NASDAQ:SLGN) announced its plans to acquire its rival supplier of consumer-goods packing products Graham Packaging Co.’s (NYSE:GRM), including its debt, for a deal worth $4.1 billion
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