Published April 09, 2014
Alcoa Heats Up on EPS Beat and Other #Stocks2Watch
#Stocks2Watch: Alcoa Heats Up on EPS Beat
Alcoa share rose after the aluminum maker posted better-than-expected quarterly profits.
Alcoa (NYSE:AA) posted better-than-expected adjusted quarterly profits after the closing bell on Tuesday. The aluminum maker's shares are up more than 4%, extending a 17% year-to-date gain.
Intuitive Surgical (NASDAQ:ISRG)
Intuitive Surgical (NASDAQ:ISRG) shares are taking a hit after the company said its first-quarter profits will probably come in well below Wall Street's estimates. The profit warning comes amid slowing sales of its robotic surgery system called da Vinci.
Constellation Brands (NYSE:STZ)
Constellation Brands (NYSE:STZ) shares are jumping after the beer and liquor giant posted better-than-expected quarterly profits and an upbeat full-year outlook.
Halozyme Therapeutics (NASDAQ:HALO)
Halozyme Therapeutics (NASDAQ:HALO) shares are falling after the U.S. Food and Drug Administration ordered the biotechnology company to halt a trial in a pancreatic cancer drug delivery system. The move comes after the company voluntarily delayed the trial.
La Quinta, the hotel brand backed by private-equity giant Blackstone Group (NYSE:BX), priced its initial public offering Tuesday night at $17 a share. The company will make its public debut Wednesday on the New York Stock Exchange under the symbol "LQ."