“Cheniere Energy Inc. (LNG) surged 12 percent to $19.02. The liquefied natural-gas company won federal approval to build the largest U.S. natural-gas export terminal as drillers who extract the fuel from shale formations struggle to find domestic buyers to absorb a glut.
Consol Energy Inc. (CNX) : The fuel producer based in Canonsburg, Pennsylvania suspended coal production forecasts for the second quarter and 2012 until the idled longwalls at the Blacksville and Buchanan mines have been restarted.
DTS Inc. (DTSI) : The maker of decoders used in surround- sound systems agreed to acquireSRS Labs Inc. (SRSL) in a cash-and-stock transaction valued at $9.50 per share, or $148 million.
Extra Space Storage Inc. (EXR) dropped 2.3 percent to $28.23. The operator of self-storage facilities will sell 7 million shares in a public offering. Proceeds will be used to fund acquisitions and repay debt and for general corporate purposes.
Goldman Sachs Group Inc. (GS) declined 2 percent to $115.35. The fifth-biggest U.S. bank by assets reported a 23 percent decline in first-quarter profit.
Kit Digital Inc. (KITD) fell 6.2 percent to $6.70. The provider of software for online video said nonexecutive Chairman Kaleil Isaza Tuzman resigned.
Lincare Holdings Inc. (LNCR) : The Clearwater, Florida- based oxygen supplier reported first-quarter earnings of 54 cents a share, beating the average analyst estimate by 1 cent.
Starwood Property Trust Inc. (STWD) decreased 3 percent to $20.30. The real estate investment company will sell 20 million shares in a public offering. Proceeds from the sale will be used to originate and purchase commercial mortgage loans and other assets, and for other general corporate purposes.
U.S. Bancorp (USB) rose 1.8 percent to $31.72. The nation’s fifth-largest lender by deposits reported a 28 percent increase in first-quarter profit that beat analysts’ estimates as revenue rose and credit losses fell.”
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