Shares of W. P. Carey & Co. LLC (NYSE: 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 (NYSE: 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 (NYSE: 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 (NASDAQ: ADBE) surged about 2.6% after the company reported upbeat FQ3 profit.
Shares of Illinois Tool Works Inc (NYSE: 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.
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