Stocks to Watch: Kayak, Disney, J.C. Penney
Kayak shares jumped almost 27% in after-hours trading Thursday to $39.30.
Walt Disney(DIS) , the media and entertainment giant, posted an in-line quarterly profit on Thursday with net income rising 14% but came up short of analysts' estimates on the top line.
Groupon(GRPN) , the online deals company, reported a surprise loss for its third quarter with revenue of $568.6 million missing Wall Street's consensus view of $590.1 million.
Nordstrom (JWN) posted third-quarter profit of $146 million, or 71 cents a share, compared with $127 million, or 59 cents a share, a year earlier. Revenue rose 14%.
Nordstrom narrowed its full-year profit outlook to a range of $3.45 to $3.50 a share from guidance of $3.40 to $3.50 a share the retailer issued in August.
Allscripts Healthcare Solutions (MDRX) said Thursday it's exploring strategic alternatives, perhaps selling itself to a third party.
Shares of the provider of electronic health record services rose as much as 10% in after-hours trading Thursday.
J.C. Penney(JCP) is expected to post third-quarter results before Friday's opening bell and analysts expect the retailer to post a loss of 7 cents a share on revenue of $3.27 billion. In the same period a year earlier, J.C. Penney earned 11 cents a share on revenue of $3.99 billion.
Other companies reporting quarterly results on Friday include CompuCredit(CCRT) , E.W. Scripps(SSP) , Energizer Holdings(ENR) , Federal Signal(FSS) , Foster Wheeler(FWLT) , Ivanhoe Energy(IVAN) , MGIC Investment(MGIC) , NutriSystem(NTRI) , and Warner Chilcott(WCRX) .
-- Written by Joseph Woelfel
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