Companies whose shares are expected to trade actively in today’s session are Nu Skin Enterprises, Inc. (NYSE:NUS), CBS Corporation (NYSE:CBS) (NYSE:CBS.A), Columbia Sportswear Company (NASDAQ:COLM), AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO), Forum Energy Technologies Inc (NYSE:FET) and Williams-Sonoma, Inc. (NYSE:WSM).
Nu Skin Enterprises, Inc. (NYSE:NUS): The direct marketing company raised its fourth quarter revenue and earnings guidance. Shares of the nutritional supplements and anti-aging personal care products surged 5.88 percent to $45 in early market trading.
Khrom Capital was up 32.5% gross and 24.5% net for the first quarter, outperforming the Russell 2000's 21.2% gain and the S&P 500's 6.2% increase. The fund has an annualized return of 21.6% gross and 16.5% net since inception. The total gross return since inception is 1,194%. Q1 2021 hedge fund letters, conferences and more Read More
CBS Corporation (NYSE:CBS) (NYSE:CBS.A): The mass media company announced on Wednesday that it will divest itself of its outdoor advertising business. The company’s North and South American businesses will be converted into a real estate investment trust. CBS Corporation (NYSE:CBS) (NYSE:CBS.A) will put its Asian and European outdoor businesses up for sale. Shares surged 9.20 percent to $41.43 in early trading session.
Columbia Sportswear Company (NASDAQ:COLM): The active outdoor apparel maker has lowered its fourth quarter earnings guidance. The company said its sales were hit by low customer traffic in key markets during the holiday season, and mild winter weather in North America. Shares plunged 7.78 percent in pre-market trading.
AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO): The drug maker said on Wednesday that it is planning to offer an undisclosed number of shares. As of November 1, 2012, Aveo had 43.7 million outstanding shares. Shares plunged 5.54 percent to $7.64.
Forum Energy Technologies Inc (NYSE:FET): The oilfield products company said customers are spending less money on consumable products and capital equipment. So, the company has lowered it full-year earnings guidance. Shares plunged 5.94 percent to $25.
Williams-Sonoma, Inc. (NYSE:WSM): The retailer’s shares went down 4.94 percent to $44.78 in early trading session, after the company forecast lower than expected fourth quarter earnings and revenues. The company said holiday comparable brand revenues would go up by 4.4 percent. Holiday season makes up for about 70-75 percent of Williams-Sonoma’s fourth quarter revenues. The company said it expects to earn $1.21 per share on a revenue of $1.36 billion. Analysts surveyed by FactSet were expecting $1.30 in earnings on a revenue of $1.4 billion.