Thursday's Early Winners & Losers
Whole Foods (WFMI), purveyor of organic food, announced after the closing bell Wednesday that it will buy out like-minded Wild Oats Markets (OATS), propelling both stocks upward. Whole Foods will pay $18.50 a share for the Boulder, Colo., company, or about $565 million -- an ample premium to its $15.72 regular-session closing price.
Whole Foods posted income of $53.8 million, or 38 cents a share, in the period ended Jan. 14, down from last year's $58.3 million, or 40 cents a share. Same-store sales rose 7%, compared with a 13% climb the prior year, and total revenue grew 12% to $1.9 billion. Austin-based Whole Foods was trading up $2.23, or 4.9%, to $47.93. Wild Oats was surging $2.61, or 16.6%, to $18.33.
NCI (NCIT) bounded past fourth-quarter expectations, reporting profits of $3.1 million, or 23 cents a share, on $64.6 million in revenue. Analysts polled by Thomson Financial were seeking 19 cents a share on $58.6 million. The Reston, Va., company, which sells information-technology services to the federal government, guided to the higher end of first-quarter expectations -- 18 cents to 20 cents a share on $58 million to $62 million in revenue. Full-year income should range from 83 cents to 88 cents a share -- at least a nickel above the mean target. Shares were adding $2.12, or 15.3%, to $16.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV