This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Health Stocks in Motion

Charles River Laboratories (CRL - Get Report) rose 8.7% after the company posted fourth-quarter results that beat expectations. Excluding items, the company earned $31.2 million, or 48 cents a share, on sales of $238.1 million. Analysts were expecting earnings of 47 cents a share on sales of $227 million. A year ago, the company earned $20.6 million, or 42 cents a share, on sales of $156 million. Looking ahead, Charles River forecast first-quarter earnings of 54 cents to 56 cents a share, in line with expectations, on sales growth of 57% to 60%. Analysts are looking for sales of $272.4 million, or sales growth of 58%. Shares traded up $4.06 to $51.

Shares of WellCare Health Plans (WCG - Get Report) fell 8.6% after the company posted solid fourth-quarter results but warned that first-quarter earnings would fall short of expectations. The company posted earnings of $17.7 million, or 46 cents a share, on sales of $397.3 million. Analysts were expecting earnings of 44 cents a share. Looking ahead, the company forecast first-quarter earnings of 23 cents to 25 cents a share on sales of $403 million to $408 million. Analysts had been expecting earnings of 32 cents a share. Shares traded down $3.28 to $34.67.

Other health care movers included Teva Pharmaceutical Industries (TEVA - Get Report), down $1.71 to $28.66; Pfizer (PFE), down 26 cents to $25.22; Aastrom Biosciences (ASTM), up 8 cents to $2.79; Merck (MRK), down 6 cents to $29.35; Amgen (AMGN), up 44 cents to $63.69; Johnson & Johnson (JNJ), down 9 cents to $65.91; and Schering Plough (SGP), down 18 cents to $19.25.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ASTM $3.53 3.22%
SLXP $172.81 0.09%
ALTI $0.50 0.00%
CRL $70.62 0.00%
TEVA $62.17 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs