“Alcoa Inc. (AA) rose 5.6 percent to $9.84. The largest U.S. aluminum producer reported an unexpected first-quarter profit after customers from automakers to beverage-can manufacturers ordered more of the metal.
Applied Micro Circuits Corp. (AMCC) : The maker of chips used in networking gear said its fourth-quarter adjusted loss will be at least 10 cents a share, wider than the average analyst estimate for a loss of eight cents.
L&L Energy Inc. (LLEN) rose 2.6 percent to $2.35. The Seattle-based company operating coal businesses in China signed a sales contract with Guodian Yongfu Power Generation Co., adding about $19 million of revenue.
Mattress Firm Holding Co. (MFRM) jumped 20 percent to $44.79. The mattress retailer forecast earnings for the current fiscal year will be at least $1.40 a share, beating the average analyst estimate of $1.37.
Owens-Illinois Inc. (OI) : The world’s biggest maker of glass bottles said first-quarter earnings will exceed profit in the year-ago period by more than 35 percent on good manufacturing performance and greater-than-planned production rates.
Titan Machinery Inc. (TITN) surged 20 percent to $33. The owner of full-service agricultural and equipment stores forecast annual earnings of at least $2.55 a share, beating the average analyst estimate of $2.06.
Travelzoo Inc. (TZOO US) climbed 26 percent to $26.50. The Internet travel marketer plans to sell itself and is in the process of hiring an adviser, Reuters reported, citing three people familiar with the situation.
Standard Microsystems Corp. (SMSC) : The semiconductor manufacturer forecast first-quarter earnings excluding certain items will be at least 29 cents a share, topping the 27 cents projected by analysts on average.”
Comments are closed.