Shares of Nike Inc NKE gained about 7.2% after the company reported a 14% rise in its fourth-quarter profit. Nike reported its quarterly earnings at $594 million, or $1.24 per share, up from $522 million, or $1.06 per share, in the year-ago quarter. Its revenue surged 14% to $5.77 billion. However, analysts were expecting earnings of $1.16 per share on revenue of $5.53 billion.
Shares of Senior Housing Properties Trust SNH fell more than 0.4% in pre-market trading after the company priced a public offering of 10,000,000 common shares at a price to the public of $22.50 per share.
Shares of Sealy Corporation ZZ fell about 0.4% as the company is scheduled to report its quarterly earnings after the closing bell. Sealy is projected to report its Q2 EPS at $0.00 on revenue of $294.82 million.
Shares of BG Medicine BGMD fell about 1.1% after the company appointed Stephen R. Miller to the newly created position of Chief Commercial Officer.
Shares of Scottish & Southern Energy PLC SSEZY rose about 0.3% after the company agreed to sell its 50% stake in the Braes of Doune onshore wind farm to a fund managed by Climate Change Capital for GBP61.3 million, excluding working capital. The transaction is likely to complete in the next few weeks.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in