US Market's Most Volatile Stock Movers (Citigroup, BBY, CAG, SIG, MKC)
Most Volatile Movers .
(EMAILWIRE.COM, March 25, 2010 ) Dallas, Tx - Citigroup Inc. (NYSE:C) rose 3.13% to $4.28 in the morning session as The Treasury Department intends to sell its 27% ownership position in Citigroup Inc using a predetermined plan to sell shares over time, Bloomberg reported Thursday.
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Best Buy Co., Inc. (NYSE:BBY) soared 8.50% to $44.64 after the company posted a better-than-expected profit and revenue in the fourth quarter. For the quarter ended February 27, the company earned $779 million, or $1.82 a share, compared to $570 million, or $1.35 a share, a year ago period.
The company’s revenue grew 12% to $16.55 billion.
Analysts were looking the company to report earnings of $1.79 a share on revenue of $16.08 billion.
ConAgra Foods, Inc. (NYSE:CAG) fell 4% to $25.08 after it reported today a third-quarter profit of $228.7 million, or $0.50 per share, as compared to $193.2 million, or $0.43 per share, in the year-ago period. Analysts had expected CAG to report earnings of $0.43 per share. Sales declined to $2.3 billion from $2.4 billion in the year ago period.
Signet Jewelers Ltd. (NYSE:SIG) rose 0.10% to $28.14 after it reported today a quarterly profit of $117.2 million, from a loss of $424.0 million for the same period last year. Sales rose to $1.2 billion, from $1.1 billion in the year ago period.
McCormick & Company, Incorporated (NYSE:MKC) fell 2.35% to $38.45 after it reported today first-quarter net income of $67.9 million, or $0.51 per share, as compared to $57.7 million, or $0.44 per share, in the year-ago period. Revenue increased to $764.5 million, from $718.5 million for the same quarter last year. Analysts had expected MKC to report earnings of $0.47 per share.
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Best Buy Co., Inc. (NYSE:BBY) soared 8.50% to $44.64 after the company posted a better-than-expected profit and revenue in the fourth quarter. For the quarter ended February 27, the company earned $779 million, or $1.82 a share, compared to $570 million, or $1.35 a share, a year ago period.
The company’s revenue grew 12% to $16.55 billion.
Analysts were looking the company to report earnings of $1.79 a share on revenue of $16.08 billion.
ConAgra Foods, Inc. (NYSE:CAG) fell 4% to $25.08 after it reported today a third-quarter profit of $228.7 million, or $0.50 per share, as compared to $193.2 million, or $0.43 per share, in the year-ago period. Analysts had expected CAG to report earnings of $0.43 per share. Sales declined to $2.3 billion from $2.4 billion in the year ago period.
Signet Jewelers Ltd. (NYSE:SIG) rose 0.10% to $28.14 after it reported today a quarterly profit of $117.2 million, from a loss of $424.0 million for the same period last year. Sales rose to $1.2 billion, from $1.1 billion in the year ago period.
McCormick & Company, Incorporated (NYSE:MKC) fell 2.35% to $38.45 after it reported today first-quarter net income of $67.9 million, or $0.51 per share, as compared to $57.7 million, or $0.44 per share, in the year-ago period. Revenue increased to $764.5 million, from $718.5 million for the same quarter last year. Analysts had expected MKC to report earnings of $0.47 per share.
ABOUT http://www.wepickpennystocks.com
Wepickpennystocks provide free Stock Newsletter on various stocks of the day. To make the right investment in the stock business you need up to date information. We provide alerts on penny stocks ,most active stocks and much more. Our hot stock alerts will help you gain insight into the stock trading so that you can make maximum profit.
###
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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Robert
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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