Market Roundup

Loading...
Loading...
Shares of W. P. Carey & Co. LLC
WPC
fell about 0.4% after the company reported that CPA:17 - Global, one of its publicly held non-traded REIT affiliates, has acquired a 189,000 square foot industrial facility located in Clarksville, TN. Shares of Alpha Natural Resources Inc
ANR
dipped about 5.5% after the company lowered its 2011 coal shipment forecast. Alpha Natural Resources lowered its 2011 coal shipment forecast to a range of 102.5 million tons to 109.5 million tons, versus its previous estimate of 104 million to 112 million tons. Shares of IHS Inc
IHS
fell about 3.8% after the company reported a 15% rise in its fiscal third-quarter profit. IHS reported its quarterly profit at $39.6 million, or $0.60 per share, up from $34.6 million, or $0.53 per share, in the year-ago period. Excluding stock-based compensation and other costs, IHS' earnings came in at $0.88 per share. Its revenue climbed 25% to $340.5 million. However, analysts were expecting a profit of $0.81 per share on revenue of $334 million. Shares of Adobe Systems Incorporated
ADBE
surged about 2.6% after the company reported upbeat FQ3 profit. Shares of Illinois Tool Works Inc
ITW
gained about 0.1% after the company projects a Q3 profit on Wednesday. Illinois Tool Works expects earnings from continuing operations of $0.95 to $1.03 per share, versus analysts' estimates of $0.98 per share. For the full year, Illinois Tool Works projects earnings of $4.05 to $4.21 per share before excluding a one-time tax benefit, versus analysts' estimates of $3.76 per share.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsMarketsMarket Roundup
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...