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Company News for June 27, 2014

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•    Alcoa Inc’s (NYSE:AA) shares gained 2.7% on news that it will acquire Firth Rixon, a manufacturer of aerospace parts, for $2.85 billion

•    Shares of Worthington Industries, Inc. (NYSE:WOR) fell 2% after posting fourth quarter earnings per share of $0.47, lower than the Zacks Consensus Estimate of $0.66

•    Steelcase Inc.’s (NYSE:SCS) shares declined 10.7% after reporting first quarter adjusted earnings per share of $0.12, missing the Zacks Consensus Estimate of $0.15

•    Shares of Nabors Industries Ltd. (NYSE:NBR) climbed 6.2% following news that C&J Energy Services Inc (NYSE:CJES) will buy its hydraulic fracturing business in a cash and stock deal worth $2.86 billion


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