Market Overview

Morning Market Movers

Share:
Related HBOS
Mid-Day Gainers From December 11: Lululemon, Office Depot, Calithera Biosciences, Heritage Financial
Events for the Week of Jul. 28th to Aug. 1st
Related RNST
18 Stocks Which Plummeted Three Days On Increasing Volume
10 Notable Stocks Trading Ex-Dividend Monday, September 12

Heritage Financial Group (NASDAQ: HBOS) jumped 19.78% to $25.92. Renasant (NASDAQ: RNST) and Heritage Financial Group announced a definitive merger agreement.

Covenant Transportation Group (NASDAQ: CVTI) rose 11.20% to $27.20 after the company issued a strong Q4 earnings forecast.

The Advisory Board Company (NASDAQ: ABCO) shares surged 9.85% to $41.48. Advisory Board announced its plans to acquire Royall & Company for $850 million. Analysts at Stifel Nicolaus upgraded Advisory Board Company from Hold to Buy.

Restoration Hardware Holdings (NYSE: RH) shares gained 9.53% to $94.39 following earnings results that beat analyst expectations.

Office Depot (NASDAQ: ODP) shares rose 9.29% to $7.35 after Starboard Value boosted its stake in Office Depot to around 10% from a previous 8.6% stake, The Wall Street Journal reported.

Staples (NASDAQ: SPLS) shares climbed 8.94% to $16.14 on confirmation of stake by Starboard Value.

Lululemon Athletica (NASDAQ: LULU) jumped 8.91% to $50.86 after the company reported better-than-expected quarterly earnings. However, the company issued a weak forecast.

Urban Outfitters (NASDAQ: URBN) climbed 7.46% to $32.25 after the company issued a strong same-store sales forecast for the current quarter.

Walgreen Company (NYSE: WAG) shares climbed 2.57% to $69.90 after the company's President And CEO Greg Wasson announced that he will retire following the completion of merger with Alliance Boots.

Methode Electronics (NYSE: MEI) rose 2.25% to $42.54 after the company reported better-than-expected earnings for the fiscal second quarter and raised its FY15 earnings forecast.

Posted-In: market moversNews Intraday Update Markets Movers

 

Related Articles (ABCO + CVTI)

View Comments and Join the Discussion!