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Shares of Power Integrations Inc. (NASDAQ: POWI) rallied about 8.90% by midday trade. The San Jose CA based Company, which manufacturers integrated-circuits used in energy-efficient power converters, upwardly revised fiscal second quarter revenue guidance on Monday.
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Shares of Navistar International Corp. (NYSE: NAV), a manufacturer of International brand commercial and military trucks, are seeing a huge rally in trading today after the company reported its financial results for the first quarter of fiscal 2013.
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Shares of FedEx Corp. (NYSE: FDX), providing customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services, edged higher in trading today. FDX shares ended the day 0.91% higher at $93.20 on above average volume of 5.32 million. The stock hit an intra-day high of $95.44, and has gained 3.45% in [...]
Shares of The Men’s Wearhouse Inc. (NYSE: MW), a specialty retailer of men’s suits and a provider of tuxedo rental product in the U.S. and Canada, surged in trading today after the company reported its second-quarter financial results.
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MHR Fund Management LLC on Friday disclosed that it holds a 13.6% stake in Navistar International Cop. (NYSE: NAV), which makes it the largest NAV shareholder, and puts it ahead of Carl Icahn, who has a 11.9% stake in the company.
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