Powerful Development of US Stocks (ARRS, CAG, SCS, HERO)

New York, NY -- (SBWIRE) -- 12/20/2012 -- ARRIS Group, Inc. (NASDAQ:ARRS) 6% HIGHER; The company and Google Inc. today jointly announced that ARRIS and Motorola Mobility, a Google subsidiary, have entered into a definitive agreement under which ARRIS will acquire the Motorola Home business from Motorola Mobility, for $2.35 billion in a cash-and-stock transaction approved by the Boards of Directors of both companies.

How Should Investors React To ARRS Now? Find Out Here

ConAgra Foods Inc. (NYSE:CAG) reported impressive financial results for the fiscal second quarter 2013 (ended November 25, 2012). The company’s earnings per share from continuing operations in the quarter were 51 cents as against 43 cents reported in the year-ago quarter. Net sales improved 8.9% to $3,735.5 million from $3,431.7 million in the year-earlier quarter, driven by improving potato operations, moderating inflation and contribution from acquired businesses. Reported revenue was above the Zacks Consensus Estimate of $3,691 million.

On a segmental basis, revenue from Commercial Foods surged 4.7% year over year to $1,312.4 million, led by the benefit of favorable price-mix and healthy growth in the Lamb Weston potato operations. Revenue for the Consumer Food segment rose 11.2% to $2,423.1 million during the quarter. The rise reflects contributions from favorable acquisitions and price/mix, slightly offset by an organic revenue volume decline.

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Steelcase Inc. (NYSE:SCS) is engaged in furnishing the work experience in office environments. It offers a portfolio of products and services for the workplace. The Company designs for a range of customer through its three brands: Steelcase, Turnstone and Coalesse. The primary focus of these brands is the office furniture segment. Shares of Steelcase Inc. Co (NYSE: SCS) are trading at $12.49 and is +13.72% of its 50-day Moving Average price of $10.9831 and +28.39% from its 200-day Moving Average price of $9.7285. The average trading volume is 679466 shares and its market capitalization is $1.562B.

Should Investor Buy OR Sell This Stock: CLICK HERE

Hercules Offshore Inc. (NASDAQ:HERO), a provider of shallow-water drilling and marine services to the oil and natural gas exploration and production industry globally, is seeing a pullback after rallying in the previous two trading sessions. HERO rose more than 13% in the previous two trading sessions. The stock gained on the back of a rating upgrade from Tudor Pickering. Following the two-day rally, HERO is down 1.03% to $5.76 in trading today. Prior to the rally, HERO had been trading sideways for almost two weeks, struggling to break through $5.25 resistance level. The stock broke through this level on Monday, which is a bullish signal.

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