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Corporate Summary

•    Shares of ConAgra Foods Inc (CAG - Analyst Report) surged 7.2% after the company posted first-quarter fiscal 2017 earnings per share of $0.61, above the Zacks Consensus Estimate of $0.48

•    Intra-Cellular Therapies Inc’s (ITCI - Snapshot Report) shares plummeted 63.6% after the company declared that results from a clinical trial of a drug it was developing for schizophrenia turned out to be disappointing

•    Shares of Progress Software Corporation (PRGS - Snapshot Report) dropped 4.2% after the company reported fiscal third quarter earnings per share of $0.44 that fell short of analysts’ expectations of $0.45

•    Shares of Pier 1 Imports Inc (PIR - Snapshot Report) gained 4.7% after the company posted second quarter loss per share of $0.05, narrower than analysts’ expectations of a loss of $0.06