• TECO Energy (NYSE:TE) reported Q4 diluted EPS of $0.26, slightly above the Zacks Consensus Estimate of $0.25 per share. Revenues for the quarter rose 1.3% year-over-year to $775.0 million, lower than the Zacks Consensus Estimate of $932.0 million

• GameStop (NYSE:GME) said its board of directors has approved $500 million as additional funds for its share and debt repurchase program

• Verizon Wireless (NYSE:VZ) reported that it has stopped taking preorders for the iPhone 4, 17 hours after the device went on sale at the carrier. The company stopped taking orders at 8:10 PM ET and reported that it sold more units of the popular Apple (NASDAQ:AAPL) device in the first two hours than any other device launch in its history

• Share prices of scientific instrument maker FEI Co (NASDAQ:FEIC) jumped 15.89% to $32.23 after the company’s projected first quarter analysis topped analyst’s expectations

• JDSU’s (NASDAQ:JDSU) share prices increased 26.92% to close at $22.76 after the company posted better than expected quarterly profits beating the Street’s expectations. JDSU is a provider of broadband components

• Drug-maker Biodel Inc (NASDAQ:BIOD) announced that launch of its experimental diabetes drug will be delayed because of further studies. Reacting to the news, share prices of Biodel fell 3.08%

• Coinstar Inc’s (NASDAQ:CSTR) share prices fell after the company reported lower than expected fourth quarter results

FEI COMPANY (FEIC): Free Stock Analysis Report
TECO ENERGY (TE): Free Stock Analysis Report

About Zacks Investment Research 1766 Articles

Zacks Investment Research is one of the most highly regarded firms in the investment industry. In 1978 Zacks originated the concept of utilizing earnings estimates revisions to make profitable investment decisions. Zacks offers multiple investment products and services to help investors achieve superior returns.


Be the first to comment

Leave a Reply

Your email address will not be published.