Cinemark - The movie theater operator’s stock is being added to the S&P MidCap 400 after the closing of trading April 9. It will replace utility company NSTAR, which is being acquired by Northeast Utilities.
Carmike Cinemas - The company announced a secondary offering of 4 million shares, with the underwriters being granted options to buy up to an additional 600,000 shares.
Dick’s Sporting Goods - The retailer is buying the Top-Flite golf equipment trademark from Callaway Golf for an undisclosed price. Separately, Dick’s is investing $31.8 million in British sporting goods company JJB Sports.
Costco Wholesale - The nation’s largest warehouse retailer reported a March same-store sales increase of 6 percent, slightly short of estimates of a 6.7 percent increase.
Apple - Jefferies has boosted its price target for Apple to $800, after adding earnings from Apple’s expected but still unannounced iTV launch into its estimates.
Limited Brands - The retailer saw same-store sales jump by 8 percent in March, above estimates of a 4.4 percent increase.
CarMax - The nation’s largest seller of pre-owned vehicles earned 41 cents a share for its latest quarter, one cent above estimates, with revenues also beating consensus. The company says it’s benefiting from an expansion in its store base, among other factors.Page 2 of 3 | Prev Page | Next Page