U.S. Hot Stocks: Hot Stocks to Watch
November 11 2015 - 8:42AM
Dow Jones News
Among the companies with shares expected to trade actively in
Wednesday's session are Platform Specialty Products Corp. (PAH),
J.C. Penney Company, Inc. (JCP) and Rockwell Collins (COL).
Platform Specialty Products Corp. said Tuesday that it swung to
a loss in the third quarter, as the acquisitive chemical company
was hurt by a weaker agricultural specialty chemical market,
currency headwinds and a shift in the company's distribution
strategy. Shares were trading 2.31% lower at $11.41 in premarket
trading.
J.C. Penney Company, Inc. said Wednesday it had settled a class
action lawsuit filed in California in 2012 that accused the
retailer of false advertising. Shares rose 5.18% to $9.13
premarket.
Aviation company Rockwell Collins said Wednesday that Chief
Executive Kelly Ortberg was elected chairman of the company's
board. Shares were untraded premarket.
Genesee & Wyoming Inc. (GWR) reported its October freight
volume declined 15% on a same-railroad basis mostly on weaker
shipments of coal and metals. Shares were untraded premarket.
Horizon Pharma PLC (HZNP) on Wednesday fired back a response at
Express Scripts Holding Co.'s business practices after the largest
U.S. pharmacy-benefit manager said it was cutting off a pharmacy
that sold medications made by the biopharmaceutical company.
Horizon Pharma shares fell 16.49% to $18.69 premarket.
Kroger Co. (KR) on Wednesday agreed to buy Roundy's Inc. (RNDY)
for about $178 million in cash, as the grocery store chain
continues to add to its roster of supermarket chains. Kroger shares
rose 1.8% to $37.94 premarket, while Roundy's shares rose 64.22% to
$3.58 premarket.
Home security giant ADT Corp.'s fourth-quarter profit slid, even
as revenue improved slightly, helped by lower customer
cancellations.
Amdocs Ltd. (DOX) on Tuesday gave weak financial projections,
following a decline in fourth-quarter profit largely due to higher
costs tied to its Comverse Inc. acquisition.
Brunswick Corp. (BC) set a 2018 earnings target sharply higher
than what it expects to earn this year, as the maker of boats,
fitness equipment and pool tables said it expects to benefit from
improving marine markets.
Juno Therapeutics Inc. (JUNO) on Tuesday reported a narrower
adjusted loss for its third quarter, as its cash position improved
from the prior year due to Celgene Corp.'s $1 billion initial
investment in an ambitious cancer collaboration with the
biotechnology company.
Tesoro Corp. (TSO) has agreed to sell Los Angeles storage and
pipeline assets including 97 tanks to the master limited
partnership it formed in 2010. The refiner said the sale to Tesoro
Logistics LP (TLLP) is valued at $500 million, including about $250
million of cash and about $250 million of common and general
partner units.
Write to Chris Wack at chris.wack@wsj.com and Maria Armental at
maria.armental@wsj.com
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(END) Dow Jones Newswires
November 11, 2015 09:27 ET (14:27 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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