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Los Angelas, CA -- (SBWIRE) -- 01/03/2013 -- Longwei Petroleum Investment Hold Ltd (NYSE:LPH) shares increased 9% and closed at $2.30 in yesterday’s session. The company announced that it has raised its full-year guidance for the fiscal year ending June 30, 2013. The company now forecasts FY13 revenue to increase 30.7% year-over-year to $667.3 million, versus prior forecasts of $646.3 million. Longwei also projects net income, adjusted for the warrant derivative liability, to increase approximately 23.0% year-over-year to $80.1 million, versus the prior forecast of $77.6 million.
Can LPH Bounce Back? Find Out Here
Family Dollar Stores, Inc. (NYSE:FDO) earned $80.3 million in the first quarter, down fractionally from the previous year. Per-share earnings ticked up a penny to 69 cents, as a result of fewer shares outstanding. For the current quarter, the discount retailer expects per-share earnings of $1.18 to $1.28, falling short of analysts' estimates of $1.39 per share.
Can FDO Recover After The Recent fall? Find Out Here
Allot Communications (NASDAQ:ALLT) shares declined 22.48% to touch a new 52-week low of $14.17. Allot Communications' trailing-twelve-month ROA is 4.48%. Allot Communications Ltd. is a provider of Internet protocol (IP) service optimization solutions for mobile, digital subscriber line (DSL) and wireless broadband carriers, cable operator service providers and enterprises.
What Are ALLT’s Charts Signaling For Traders? Find Out Here
Mellanox Technologies (NASDAQ:MLNX) announced that it was reducing its fourth quarter revenue outlook. The new guidance is $119 million to $121 million for the quarter, well below previous guidance of $145 to $150 million.
Can MLNX Jump Again? Find Out Here
Limited Brands, Inc. (NYSE:LTD) said December same-store sales rose 3 percent from a year earlier. Analysts were expecting a 4.5 percent growth in sales. Total sales for the five weeks ended December 29 increased to $1.95 billion from $1.87 billion. Shares of Limited Brands, Inc. plunged 4 percent in early morning trade.
How Should Investors Trade LTD Now? Find Out Here
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