Wednesday, June 18, 2014

Morning Movers: Barnes & Noble Bounces on Beat; Boston Beer Bombs on Guidance

Yesterday’s lack of action left stocks within spitting distance of a record high. Can they make a push today?

Reuters

S&P 500 futures have gained 0.1%, while Dow Jones Industrial Average futures have risen 0.1%.

R.R. Donnelley & Sons (RRD) has gained 5.7% to $19.85 after the commercial printing company reported better-than-forecast earnings.

Aeropostale (ARO) has jumped 3.6% to $7.19 after Bloomberg reported that the struggling retailer was working out its options with Barclays assistance.

Dreamworks Animation (DWA) has plunged 11% to $31.49 despite turning a profit after Turbo failed to boost the independent studios earnings.

Boston Beer Co (SAM) has dropped 4.9% to $223.66 after the brewer missed earnings forecasts and said 2014′s profit would be below analyst estimates.

Chicago Bridge & Iron (CBI) has gained 2.7% to $81.70 after the engineering firm trounced earnings forecasts but missed ever so slightly on revenue.

Barnes & Noble (BKS) has gained 3.8% to $18.39 after beating earnings by 26 cents despite sales sliding 10.3%.

Taser International (TASR) has risen 6.1% to $20.26 after the maker of non-lethal weapons reported earnings of 13 cents a share, more than double analyst forecasts.

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