This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Thursday's Winners & Losers: Alliance Data

Updated from 12:17 p.m. EDT

Alliance Data (ADS) was among the NYSE's winners Thursday, as shares vaulted 24.6% after the marketing services company agreed to be acquired by the Blackstone Group for about $7.8 billion.

The deal, which also includes assumption of debt, is priced at $81.75 a share, representing a premium of 30% over Alliance Data's closing price of $62.96 on Wednesday. "By maximizing the value of their investment, this agreement is clearly in the best interests of our stockholders," Alliance Data said. "At the same time, it is business as usual for us as we continue to support our clients and partner with them to build loyal, lasting relationships with their customers." The deal is expected to close by the end of the year. Shares of Alliance closed up $15.50 to $78.46. (CTRP) rose 8.1% after the online travel agent posted better-than-expected first-quarter results. The company earned $8.4 million, or 25 cents per American Depositary share, on revenue of $30.1 million. Analysts polled by Thomson Financial expected earnings of 24 cents a share on revenue of $28.4 million.

Looking ahead, the China-based company sees second-quarter revenue growth of about 35%. Shares closed up $5.86 to $78.07.

Shares of J.C. Penney (JCP) rose 5.3% after the department store operator posted first-quarter earnings that topped expectations. The company earned $238 million, or $1.04 a share, on revenue of $4.35 billion. Analysts expected earnings of $1.03 a share on revenue of $4.39 billion. During the year-earlier quarter, the company earned $210 million, or 89 cents a share, on revenue of $4.22 billion.

Looking ahead, J.C. Penney now sees full-year earnings of $5.49 a share, up from an earlier forecast of $5.44 a share. Analysts project earnings of $5.49 a share. Shares closed up $4.02 to $79.74.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim 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
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David 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
Dividend Stock Advisor
Try it NOW

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
Real Money Pro
Try it NOW

All 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 Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our 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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs