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Major Movers on June 6; ASNA, QIWIQ, FRAN, PAY, CIEN

Shares of Ascena Retail Group Inc. (NASDAQ: ASNA) slumped about 10.30% by afternoon trade. The specialty retailer missed analysts’ estimates for the fiscal third quarter. Ascena Retail said on Wednesday that it earned (non-GAAP income) 26 cents a share compared to 34 cents a share, in the year earlier quarter. Net sales jumped 46% to [...]

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Ascena Q2 Sales Leaps 44%, Maintains Full Year Guidance (ASNA)

Ascena Retail Group Inc. (NASDAQ: ASNA) reported on Monday that its fiscal second-quarter profits fell as it faced challenging holiday season quarter. Adjusted earnings, however, edged past analysts’ estimation. The Company also reaffirmed its previous earnings guidance, sending shares 16.15% higher in aftermarket trading.

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Major Movers on January 2; POL, ABT, ASNA, SGYP, FB, AAPL, BAC, MIDD, MCP, ZIP, CAR, EBS, AEO

PolyOne Corporation (NYSE: POL) climbed 8 percent on Wednesday after Jefferies Group initiated coverage on the stock with a “buy” rating. On December 20, the company announced the acquisition of Glasforms Inc., which specializes in glass and carbon fiber reinforced polymers and advanced products.

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