TradingMarkets winners & losers

These stocks are moving the markets right
now:

Revlon, Inc.
(
REV |
Quote |
Chart |
News |
PowerRating)
, a
personal care products company, revealed second quarter preliminary results
indicating a net loss of $95 million with adjusted EBITDA loss of $30 million (full
story
).

Cardinal Health Inc.
(
CAH |
Quote |
Chart |
News |
PowerRating)
,
a provider of health care products and services, revealed it signed agreements
to manufacture and package Tamiflu for Switzerland-based Roche Holding AG in
order to meet the current and future demand for the influenza medicine (full
story
).

Kraft Foods Inc.
(
KFT |
Quote |
Chart |
News |
PowerRating)
,
the world’s second largest foodmaker, announced that it would buy the Spanish
and Portuguese operations of British cookie maker United Biscuits in a deal
valued at about $1.07 billion, in order to move into faster-growing cookie
markets (full
story
).

CNET Networks, Inc.
(
CNET |
Quote |
Chart |
News |
PowerRating)
,
an online media company, announced it would restate prior financial statements
to rectify errors pertaining to the stock-based compensation for specified
periods (full
story
).

Standard Microsystems Corp.

(
SMSC |
Quote |
Chart |
News |
PowerRating)
, a chip-maker, announced financial results for the first
quarter reporting a 43% rise in non-GAAP earnings from last year on 25% increase
in sales and revenues (full
story
).

Cash America International, Inc.

(
CSH |
Quote |
Chart |
News |
PowerRating)
said that its second quarter earnings are expected to beat the
management’s previously announced guidance as well as the security analysts’
published estimates, thanks to revenue growth, higher margins and increased
service charges on pawn loans (full
story
).

Helen of Troy Ltd.
(
HELE |
Quote |
Chart |
News |
PowerRating)
,
a developer of personal care and household consumer products, revealed first
quarter results, reporting a decline in net earnings despite an increase in
sales (full
story
).

Network Equipment Technologies Inc.
(
NWK |
Quote |
Chart |
News |
PowerRating)
, a provider of networking technology platforms worldwide, announcing
its first quarter preliminary financial results, said it expects to report
revenues in the range of $17.2 to $17.7 million (full
story
).

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