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Wyndham Worldwide (WYN) Has Surged To A New High After Acquisition

Wyndham Worldwide (WYN) announced Thursday morning that it has agreed to acquire La Quinta's hotel franchise and hotel management businesses for $1.95 billion in cash.

Recon Technology Ltd. (RCON) Is Climbing On Blockchain Deal

Recon Technology Ltd. (RCON) announced Thursday morning that it has signed a two-year joint development term sheet with Future Gas Station (Beijing) Technology Ltd. to jointly develop an integrated blockchain-based mobile shopping system for gas stations.

M&T Bank Corp. (MTB) Has Risen To A New High On Strong Q4 Results

M&T Bank Corp. (MTB) reported fourth quarter EPS of $2.01 Thursday morning, up from $1.98 in the prior year period. Street expectations were for EPS of $2.40.

Electro Scientific Industries (ESIO) Is Up Sharply On Q3 Guidance News

Electro Scientific Industries (ESIO) announced after the bell Wednesday that it expects to report third quarter revenue of $106 million to $111 million. The consensus estimate is for revenues of $85 million.

PPG Industries Inc. (PPG) Is Climbing After Q4 Profit Topped Expectations

PPG Industries Inc. (PPG) reported fourth quarter EPS of $1.19 Thursday morning, up from $1.16 a year ago. Analysts expected EPS of $1.18.

PTC Inc. (PTC) Has Leaped To A New High On Better Than Expected Q1 Earnings

PTC Inc. (PTC) reported first quarter EPS of $0.31 after the close Wednesday, up from $0.26 in the previous year. Street expectations were for EPS of $0.30.

Wal-Mart Stores Inc. (WMT) Has Risen To A New High After Upgrade

Goldman Sachs upgraded its rating on shares of Wal-Mart Stores Inc. (WMT) Thursday morning to "Buy" from "Neutral."

EXACT Sciences Corp. (EXAS) Has Reversed On Increased Volume

EXACT Sciences Corp. (EXAS) posted modest gains in early trade Wednesday, but has suddenly dropped sharply in the last few minutes on increased volume. Shares are now down 1.46 at $51.49.
 
 
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