This Day On The Street
Continue to site
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

Tuesday's Winners & Losers

Shares of Modine Manufacturing (MOD - Get Report) vaulted 15.4% after the maker of thermal-management products reported first-quarter results and boosted its full-year outlook. The company posted earnings from continuing operations of $12.4 million, or 39 cents a share, on revenue of $444.1 million. During the year-earlier period, the company earned $20.9 million, or 65 cents a share, on revenue of $421.9 million.

Looking ahead, Modine now sees full-year earnings of $1.05 to $1.25 a share, up from previous guidance of 80 cents to $1.20 a share. The company sees revenue of $1.7 billion to $1.8 billion. Shares closed up $3.75 to $28.04.

Keystone Automotive (KEYS - Get Report) rose 7.3% after the auto-parts distributor agreed to be acquired by LKQ (LKQX) for about $811 million in cash, or $48 a share. The price represents a 10% premium to Keystone's closing price of $43.61 on Monday.

The deal is expected to close during the fourth quarter. Shares of Keystone closed up $3.19 to $46.80, while shares of LKQ closed up $3.71, or 14.6%, to $29.09.

Shares of Stanley Furniture (STLY - Get Report) tumbled 11.8% after the furniture maker posted disappointing second-quarter results. The company reported a loss of $2.4 million, or 23 cents a share, on revenue of $67.7 million. Results included a charge of $6.6 million, or 43 cents a share.

Excluding the charge, the company would have earned 20 cents a share. Analysts polled by Thomson Financial expected a profit of 22 cents a share on revenue of $72.3 million. During the year-earlier quarter, the company earned $3.9 million, or 32 cents a share, on revenue of $77.5 million.

Looking ahead, Stanley Furniture sees full-year earnings of 65 cents to 75 cents a share on revenue of $280 million to $290 million. Analysts project earnings of $1.05 a share on revenue of $304 million. Shares closed down $2.57 to $19.16.
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
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
MOD $7.97 -1.24%
PPP $1.69 9.03%
STLY $2.28 -2.56%
KEYS $21.55 -0.97%
AAPL $93.70 -0.60%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs