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Sears losses mount, weighs sale of unit to shore up liquidity
- U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather.
Marvell forecast beats estimates; shares rise
- Chipmaker Marvell Technology Group Ltd forecast current-quarter revenue above analysts' expectations and reported first-quarter results that beat estimates on high demand for its storage and networking chips.
Denner added as nominee to Vivus board by activist investor
- First Manhattan Company (FMC) added some heavyweight muscle on Thursday to its bid to shake up the board of drugmaker Vivus Inc by naming former Carl Icahn top lieutenant Alex Denner and two others to its slate of proposed nominees.
Infoblox profit forecast beats estimates, shares rise
- Infoblox Inc reported a better-than-expected quarterly profit on higher demand for its network automation products and forecast current-quarter earnings above analysts' estimates.
NYSE says AEP, NextEra trades stand after crash at open
NEW YORK - All trades in American Electric Power Inc and NextEra Energy Inc in a crash that happened in the first minute of trading on Thursday will stand, the New York Stock Exchange said, following the latest in a flurry of unexplained sharp drops in the market.
Wet spring, weak construction drag Titan Machinery to loss
- Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade.
ChannelAdvisor soars in debut
- ChannelAdvisor Corp shares soared more than 40 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling.
Apple supplier Cirrus slumps as pricing pressure grows
SAN FRANCISCO - Shares of Apple supplier Cirrus Logic slumped 18 percent on Thursday after the chipmaker said in a filing it faces growing pricing pressure in the smartphone market.
HP raises 2013 outlook as Whitman's plan takes hold
SAN FRANCISCO - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. | Video
Ply Gem shares rise in NYSE debut
- Shares of building products maker Ply Gem Holdings Inc rose as much as 14 percent in their market debut, valuing the company at about $1.55 billion, as investors tap into companies catering to the recovering U.S. housing market.
No related earnings announcements are currently scheduled within the next 7 days.
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