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Los Angelas, CA -- (SBWIRE) -- 11/19/2012 -- GameStop maintained Corp. (NYSE:GME) its outlook for full-year profits, saying it expects to report earnings per share of between $3.10 and $3.30, excluding charges. Analysts surveyed by Thomson Reuters expect $3.14 per share for the year. The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Specialty Retail industry. The net income has significantly decreased by 1258.3% when compared to the same quarter one year ago, falling from $53.90 million to -$624.30 million.
How Should Investors React To GME Now? Find Out Here
BioMimetic Therapeutics Inc. (NASDAQ:BMTI) surged 77% after fellow medical-device maker Wright Medical Group Inc. agreed to acquire the company for about $190 million in cash and stock. The deal values BioMimetic at about a 56% premium. BioMimetic Therapeutics, Inc. is a biotechnology company. The Company is engaged in developing and commercializing products to the healing of musculoskeletal injuries and diseases, including therapies for orthopedic, sports medicine and spine applications.
Can BMTI Extend Rally? Find Out Here
ARM Holdings plc (NASDAQ:ARMH) has risen 3.1% and is currently trading at $35.49 per share. So far today, the company's volume is 971,602 shares. This is on pace to reach yesterday's trading volume of 1.7 million shares. ARM Holdings, plc is very active today and traded between $34.80 - 35.81 with total traded volume of 2299035 shares. At a current price of 35.71, ARMH is +1.29 - +3.75% from the previous close of $34.42. Moreover, At Current Market Price, ARMH is in the distance of +15.79% from its 50-day Moving Average price of $30.8391 and +35.21% from its 200-day Moving Average price of $26.4098.
How Should Investors React To ARMH Now? Find Out Here
H.J. Heinz Company (NYSE:HNZ)'s first quarter 2013 adjusted earnings of 87 cents per share beat the Zacks Consensus Estimate by 4.8%. Earnings also exceeded the prior-year earnings by 10.1% largely due to a lower-than-expected tax rate, organic sales growth and productivity improvements. Though reported revenues declined 1.5% to $2.79 billion due to currency headwinds, organic revenues grew 4.8%. Volume gains of 2.5% along with solid net pricing of 2.3% drove organic revenue growth in the quarter Revenues marginally missed the Zacks Consensus Estimate of $2.8 billion.
Can HNZ Extend Rally? Find Out Here
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