TradingMarkets winners & losers
These stocks are moving the markets right
now:
EMC Corp.
(
EMC |
Quote |
Chart |
News |
PowerRating), a
provider of information management and storage solutions, revealed second
quarter results, reporting a decline in GAAP net income despite higher revenues
on charges (full
story).
General Electric Co.
(
GE |
Quote |
Chart |
News |
PowerRating)
reported a 4% rise in second quarter net earnings on top line growth, stoked by
the strong performance of Commercial Finance, Infrastructure, Healthcare,
Consumer Finance and Industrial segments (full
story).
Petco Animal Supplies, Inc.
(
PETC |
Quote |
Chart |
News |
PowerRating), a specialty retailer of pet food, said it agreed to be acquired by
two private equity investment firms, Leonard Green & Partners, L.P. and Texas
Pacific Group, for $29.00 per share in cash (full
story).
The Manitowoc Co. Inc.
(
MTW |
Quote |
Chart |
News |
PowerRating),
the biggest maker of ice machines in the U.S., sweetened its bid for U.K.-based
Enodis Plc to 891 million pounds from 850 million pounds, as it seeks to add
fast-food fryers to its range of refrigeration equipment (full
story).
Cingular Wireless launches 3G Network for high-speed access.Â
The new Third Generation (3G) network allows high-speed access to cell phones
designed for the higher speed, as well as process wireless data over consumers’
high-speed capable phones or on a laptop (full
story).
SVB Financial Group
(
SIVB |
Quote |
Chart |
News |
PowerRating)
said it completed annual goodwill impairment assessment of SVB Alliant, its
investment-banking subsidiary, and said it expects to take a non-cash, pre-tax
charge of $18.4 million for the second quarter (full
story).
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