Shares of Alexander’s Inc. (NYSE: ALX), a real estate investment trust (REIT), are gaining in trading today. At last check, ALX shares were trading 1.30% higher at $340.60 on above average volume of 18,867. The stock hit an intra-day high of $348.99 earlier today. Despite the gains today, ALX has fallen more than 24% in the last three trading sessions.
Shares of Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, are sinking in trading today. At last check, RIMM shares were trading 21.13% lower at $11.14 on above average volume of 118.68 million. The stock hit an intra-day low of $10.97.
RIMM shares are sinking even as the company reported less-than-forecast loss in its third quarter. The stock has tumbled as the company’s lost subscribers in the third quarter.
Shares of Nike Inc. (NYSE: NKE), a designer, developer and worldwide marketer and seller of footwear, apparel, equipment, accessories and services, are soaring in trading today.
At last check, NKE shares were trading 6.30% higher at $105.24 on above average volume of 5.04 million. The stock hit an intra-day high of $105.36 in trading today.
NKE shares are soaring after the company reported its second-quarter financial results. NKE reported second-quarter income from continuing operations of $1.14 per share, compared to $1.03 per share reported for the same period in the previous year. The consensus forecast was for earnings of $1 per share.
Shares of Micron Technology Inc. (NASDAQ: MU), a worldwide manufacturer and marketer of semiconductor devices, are down sharply in trading today.
At last check, MU shares were trading 7% lower at $6.32 on above average volume of 48.39 million. The stock hit an intra-day low of $6.18 earlier today.
MU shares have slumped after the company reported its first-quarter financial results. For the quarter ended November 29, 2012, MU reported a net loss of $275 million, or $0.27 per share, compared to a net loss of $243 million, or $0.24 per share reported in the previous quarter. The company reported net sales of $1.8 billion for the first quarter, compared to $2 billion reported in the previous quarter.
Shares of Tibco Software Inc. (NASDAQ: TIBX), a provider of middleware and infrastructure software, are soaring in trading today.
At last check, TIBX shares were trading 6.99% higher at $22.19 on above average volume of 7.38 million. The stock hit an intra-day high of $22.47 earlier today.
TIBX shares are soaring after the company reported its fourth-quarter financial results. For the quarter ended November 30, 2012, TIBX reported adjusted earnings of $0.42 per share. Revenue for the quarter rose 2% to $296.5 million. Analysts were expecting TIBX to report earnings of $0.39 per share for the fourth quarter on revenue of $297.6 million.
Shares of Walgreen Company (NYSE: WAG), operator of a drugstore chain in the U.S., are down sharply in trading today. At last check, WAG shares were trading 3.44% lower at $36.26 on above average volume of 11.45 million. The stock fell to an intra-day low of $35.77 earlier today.
WAG shares have fallen sharply after the company reported its first-quarter financial results.
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