Shares of Robbins & Myers climbed 27 percent. Oilfield equipment manufacturer National Oilwell Varco has agreed to buy RBN for $2.56 billion that is seen to boost the firm’s services and equipment offerings used in production of oil.
Coal company James River Coal Company increased 13 percent after the firm posted stronger-than-forecast Q2 results.
Shares of financial company E-Trade Financial Corporation were up 7 percent after the firm announced that Steven Frieberg will quit his post as chief executive. Frank Petrili, who is current board of directors chairman, will replace Frieberg in an interim capacity.
Shares of beauty-products manufacturer Elizabeth Arden Inc. moved up 13 percent; the company’s fiscal Q4 profits fell 33 percent as it booked transition expenses charges linked to the acquisition of a fragrance license, while overall margins and sales improved.
Corrections Corp. of America increased 5.1 percent after the company’s Q2 report beat most forecasts.
Shares of info-tech company Allscripts Healthcare Solutions Inc. were up 18 percent. The company announced that it raised for the current year its share gains forecast due to a cut in shares outstanding as well as rise in borrowings linked with stock re-procurements, late Wednesday. MDRX now sees per-share gains of $0.77 to $0.83, from its recent view of $0.74 to $0.80.
Listed shares of Dutch insurance company Aegon NV (AEG) in the US rose 5 percent after it posted better-than-forecast Q2 results. The firm’s stock climbed almost 6 percent.
Shares of Boingo Wireless plunged 25 percent after the company posted Q2 results that were moderately lower than previously estimated. Boingo said it expects sales to be in range of $25.6-$26.6 million, with a 5 to 6 cents/share earnings range for September.
Analysts were expecting total profits of almost $29 million with earnings at $0.08/share for the quarter, based on estimates by analyst Thompson Rueters.
Shares of Windstream plunged 7 percent after announcing that the company’s Q2 earnings was reduced by almost 50 percent due to flat sales and higher expenses.
Shares of color-display manufacturer Unipixel fell 5 percent. The company announced a common stock public offering at a price of $5.26/share. The public offering’s size has been increased to a little over 3.1 million, from 3 million shares. UNXL is selling almost 2.1 million shares.
Solar-power maker Sun Power Corp’s shares plunged 10 percent as the firm released a sluggish earnings forecast after Wednesday’s end of trade.
Shares of Monster Beverage Corp. dipped 10 percent after the beverage company released its Q2 results that were way off expectations by Wall Street, late Wednesday.