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Zacks #1 Stocks on the Move 05/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| VIASAT INC | VSAT | 19.35% |
| OLD SECOND B | OSBC | 5.76% |
| GAMCO INVEST | GBL | 4.61% |
| CORNING INC | GLW | 4.47% |
| SYNCHRONOSS | SNCR | 4.23% |
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• ConAgra Foods (NYSE:CAG) posted adjusted Q4 EPS of $0.47, lower than the Zacks Consensus Estimate of $0.48 per share. Revenues for the quarter rose 5.3% year-over-year to $3.21 billion
• Oracle Corporation (NASDAQ:ORCL) posted Q4 EPS of $0.75, surpassing the Zacks Consensus Estimate of $0.69 per share. Revenues for the quarter grew 13% year-over-year to $10.78 billion
• Herman Miller Inc's (NASDAQ:MLHR) shares rocketed up 11.46% after the furniture maker reported a sharp spike in its fourth quarter earnings results. The fourth quarter profit of the company increased to $17.1 million from $2.1 million reported in the previous year
• According to a report by TechCrunch, Videogame makers Electronic Arts Inc. (NASDAQ:ERTS) is set to buy PopCap Games in a deal valued at more than the $1 billion
• Shares of Steelcase Inc. (NYSE:SCS) increased 7.31% to close at $11.16 after the office furniture company posted first quarter earnings figures that came in above expectations
• Macquarie Capital initiated coverage on shares of Research In Motion Ltd. (NASDAQ:RIMM) with an "Outperform" rating
• Jim Cramer, host of the CNBC “Mad Money” included hard disk manufacturer Western Digital Corp. (NYSE:WDC) in the “competitors to watch” section as a part of the Stock Picks for June 21
• Analysts at Weeden downgraded land driller contractor Nabors Industries (NYSE:NBR), to "Hold" rating from "Buy" rating ,cutting the target price $34 to $28
Read the full Analyst Report on CAG
Read the full Analyst Report on ORCL
Read the full Snapshot Report on MLHR
Read the full Snapshot Report on SCS
Read the full Analyst Report on WDC
Read the full Analyst Report on NBR