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TIVO, CAKE, LPS were Top Stocks from Services Sector

TiVo Inc, Cheesecake Factory Incorporated,Lender Processing Services were the Top Services Sector Stocks .

 



(EMAILWIRE.COM, October 24, 2009 ) Dallas, TX - TiVo Inc. (NASDAQ:TIVO) was one of the top movers of today`s as it rallied 9.68% to close at $12.58 on over 11.40 million shares. The stock made an intraday high of $12.67 and an intraday low of $11.48 respectively. So far the stock prices jumped over 68% in last six months of trade. TiVo Inc. is a provider of technology and services for digital video recorders. The subscription-based TiVo service redefines home entertainment by providing consumers with a way to record, watch, and control live television and receive movies and television shows from cable, broadcast, and broadband sources.

The Cheesecake Factory Incorporated (NASDAQ:CAKE) was among the most active gainers as it rallied 4.74% to $19 in trade today on over 3.66 million shares after Analysts were expecting The Cheesecake Factory Incorporated to report earnings of $0.24 for last quarter, but CAKE beat expectations with actual earnings of $0.29 which was 5 cents above the consensus estimate. The Cheesecake Factory Incorporated operates 160 upscale, full-service casual dining restaurants, 146 under The Cheesecake Factory mark in 34 states and the District of Columbia, 13 under the Grand Lux Cafe mark in nine states, and one unit of its concept, RockSugar Pan Asian Kitchena in California.

Lender Processing Services, Inc. (NYSE:LPS) surged 7.79% or $3.18 to close at $43.99 in trade today on over 2.12 million shares after Lender Processing Services, Inc. announced that for the fourth quarter of 2009, it expects adjusted earnings to be in the range of $0.77-$0.79 per diluted share. For fiscal 2009, the Company now expects revenues to grow 26%-28% compared to fiscal 2008 and adjusted earnings to be in the $3.07-$3.09 per diluted share range. According to Reuters Estimates, analysts on an average were expecting the Company to report earnings per share of $0.77 for the fourth quarter of 2009; EPS of $3.00 on revenue of $2.273 billion for fiscal 2009.

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