Stocks To Watch (UCTT, THLD, NTAP, RBC, NEM)
Ultra Clean Holdings, Inc. (NASDAQ: UCTT) climbed 16.07% to $6.50 on the news UCTT has revised its quarter outlook. Ultra Clean Holdings has revised it’s third quarter loss to $0.11 to $0.09 per share on revenue of $39.0 million to $41.0 million against the previous guidance of a loss of $0.17 to $0.09 per share on revenue of $30.0 million to $36.0 million.
Threshold Pharmaceuticals, Inc. (NASDAQ: THLD) rallied 14.88% to $2.78 after the company said 75% of melanoma patients in a clinical trial had stable disease or better after taking its experimental drug, TH-302.
NetApp Inc. (NASDAQ: NTAP) surged 1.02% to 427.85 after the storage-technology company announced upbeat earnings and revenue forecasts for its second and third fiscal quarters. Chief Financial Officer Steve Gomo said that for NetApp's second quarter, it expects to earn 29-30 cents a share on revenue of $870 million to $885 million, while for its third quarter, the company believes it will earn 35- 36 cents a share on sales in a range of $910 million to $930 million.
REGAL-BELOIT CORPORATION (NYSE: RBC) jumped up 3.09% to 448.70 on the new that the company has raised its Q3 EPS guidance from $0.60-$0.68 to $0.80-$0.85 compared to the consensus of $0.65.
Newmont Mining Corporation (NYSE: NEM) the gold producer might be preparing a hostile bid for Newcrest Mining Ltd., the Australian Financial Review reported, without stating any source.
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