Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.» Read More
May 7- Higher gas prices helped Chesapeake Energy Corp beat expectations with a big jump in quarterly profit Wednesday and the company hiked its production forecast for the year, sending its shares up more than 2 percent in midday trading.
*Hydrogenics shares down as much as 15 pct. May 7- Canadian fuel cell maker Hydrogenics Corp's quarterly net loss tripled as costs jumped and customers delayed taking deliveries, driving the company's shares down as much as 15 percent. Hydrogenics' results also weighed on the shares of rival fuel cell makers Ballard Power Systems Inc and Fuel Cell Energy Inc..
May 7- King Digital Entertainment Plc's stock plummeted about 10.5 percent on Wednesday, even as the maker of the popular mobile game "Candy Crush Saga" reported better-than-expected first-quarter results. The stock has not touched its IPO price of $22.50 since King went public on March 26.
May 7- AOL Inc reported a rise in first-quarter revenue on Wednesday, boosted by a surge in advertising sales through its automated electronic exchange, but profit fell. Shares of AOL dropped 12 percent to $38.62 as the company reported adjusted earnings per share of 34 cents.
BEIJING, May 7- Hong Kong shares finished down on Wednesday, as concerns about valuations of property and tech stocks hurt investor confidence after a U.S. tech sell-off. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.9 percent.
*Sees 2014 adj loss of $2.10- $2.30/ share vs prev forecast of $2.00- $2.20. May 6- Cybersecurity company FireEye Inc forecast a bigger loss this year as it spends more on developing new products, sending its shares down as much as 10 percent in extended trading. FireEye also said it would acquire privately held nPulse Technologies for about $70 million.
May 6- Cybersecurity company FireEye Inc reported higher-than-expected quarterly revenue but said it expects a bigger loss in 2014 as it spends more on developing new products. Shares of FireEye, which went public last September, fell as much as 8 percent in extended trading.
May 6- Media company Walt Disney Co on Tuesday reported higher profit that beat Wall Street expectations for the quarter that ended in March, boosted by the continued strength of its blockbuster animated film "Frozen."
May 6- Shares of Twitter Inc fell more than 12 percent in morning trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the sale of about 82 percent of the company's equity.
May 6- Office Depot Inc said it would close at least 400 stores in the United States over two years as it looks to consolidate operations after acquiring OfficeMax, and the company raised its forecast for full-year adjusted operating income.
May 6- Shares of Twitter Inc fell more than 10 percent in early trading on Tuesday after the expiration of a six-month "lock-up" period for early investors that had restricted the sale of about 82 percent of the company's equity. Twitter's IPO was priced at $26 per share.
*Apple shares in spotlight after closing above $600. *Shares of Office Depot Inc jumped 10 percent in premarket trading even as it reported a quarterly loss and said it would shut at least 400 stores in the United States, hurt by competition from e-retailers, mass market chains and drugstores.
May 6- Hillshire Brands Co reported better-than-expected quarterly results, helped by strong sales of Jimmy Dean products including breakfast sandwiches. Shares of the packaged meat company, formerly the food business of Sara Lee Corp, rose 4 percent in premarket trading.
May 6- Office Depot Inc raised its forecast for full-year adjusted operating income and said it would close at least 400 stores in the United States over two years, sending the office supply retailer's shares up about 10 percent before the bell. Office Depot had 1,900 U.S. stores as of March 29.
*Apple shares in spotlight after closing above $600. *Shares of Office Depot Inc jumped 8 percent in premarket trading even as it reported a quarterly loss and said it would shut at least 400 stores in the United States, hurt by competition from e-retailers, mass market chains and drugstores.
BEIJING, May 6- China shares steadied on Tuesday, with gains limited by weakness in the property sector as investors braced for any signs of financial distress among developers as the market cools.
May 5- American International Group Inc posted a 27 percent fall in quarterly income, hurt by a drop in earnings from premiums and higher disaster losses in its core property and casualty insurance business. Net premiums earned in its property casualty unit fell 4 percent to $8.23 billion in the first quarter ended March 31, AIG said on Monday.
NEW YORK, May 5- U.S. stocks ended slightly higher as data showed strength in the services sector and Apple shares rallied, boosting the Nasdaq. Shares of Apple Inc rose 1.4 percent to end at $600.96, ending above the $600 level for the first time since October. The Nasdaq Composite Index was up 14.16 points, or 0.34 percent, at 4,138.06.
May 5- Tyson Foods Inc on Monday reported weaker-than-expected quarterly profit on higher expenses and weak China results, sending shares down more than 9 percent.
BEIJING, May 5- Hong Kong shares finished lower on Monday, after a private survey showed mainland manufacturing activity contracting for a fourth straight month, triggering a sell-off across the board. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.6 percent.