News Summary

Shares of LeCroy Corp LCRY gained after the company projects a rise of 38% in its Q1 revenue. The company forecasts its Q1 revenue at $38.6 million, up from $28 million, in the year-ago quarter. However, analysts were expecting revenue of $37.6 million for the same period. LCRY is expecting a 50% y/y growth for the first quarter. Treasury prices moved down after the Labor Department reported a decline of 16,000 in first-time jobless claims for the recent week. Yields on 10-year notes dropped about 0.28%, while yields on 2-year notes fell about 0.91%. QR Energy LP has filed an initial public offering to make close to $300 million. Wells Fargo Securities WFC and J.P. Morgan JPM are the underwriters of IPO. The partnership formed by affiliates of Quantum Resource Funds is planning to list under the symbol “QRE.” Read more from Benzinga's Markets.