Stocks Climb as Apple Shares Rebound
Sales fell short as higher volumes in all segments were more than offset by lower meat and live hog prices. Shares added 0.35%.
Lululemon Athletica (LULU) , the athletic apparel maker, predicted a big slowdown in same-store sales growth, estimating a high single-digits increase in the current quarter, compared with growth of 26% the same quarter last year.
The company posted Thursday third-quarter profit of 39 cents a share on revenue of $316.5 million versus the consensus forecast of profit of 37 cents a share on revenue of $305.1 million. Shares increased 7.2%.
Epoch Holding ( EPHC) shares soared 26% after the investment manager said it has agreed to be bought by TD Bank for about $668 million in cash.
Zynga ( ZNGA) shares jumped 7.8% as the online game company filed paperwork with the Nevada Gaming Control Board as it tries to enter the "real-money" gambling market.
-- Written by Andrea Tse and Joe Deaux in New York.
>To contact the writer of this article, click here: Andrea Tse .