Sears Holdings (SHLD - Get Report) reported first-quarter profit of $189 million, or $1.78 a share, a reversal from a year-earlier loss of $170 million, or $1.58 a share. The latest quarter included about $200 million of gains from the sale of some U.S. and Canadian stores Sears posted an adjusted first-quarter loss of 31 cents a share, compared with an adjusted year-earlier loss of $1.34 a share. The retailer was expected by analysts to post a quarterly loss of 67 cents a share. Sears shares rose 3.93% to $52.87 in premarket trading Thursday. 6 Stocks to Play for Lower Gold Prices
Agilent Technologies (A) announced Thursday that it is making its largest acquisition to date of Denmark cancer diagnostic firm Dako for $2.2 billion. Shares of Agilent rose 3.12% to $41.00 in premarket trading Thursday.
Network equipment maker Brocade (BRCD - Get Report) is expected to post first-quarter results after the bell Thursday and analysts expect profit of 12 cents a share on sales of $541.4 million. 10 Stocks to 'Like' When Facebook Goes Public
Limited Brands (LTD), the specialty retailer, whose brands include Victoria's Secret and Bath & Body Works, said Wednesday it expects second-quarter earnings of 40 cents to 45 cents a share. Analysts polled by Thomson Reuters were looking for a profit of 50 cents a share in the July-ending quarter. For the full year, Limited said it expects earnings of $2.63 to $2.83 a share; Wall Street's current consensus estimate is $2.83 a share. Shares of Limited fell 2.13% in premarket trading Thursday to $46.94.
Gap (GPS) is expected by analysts to post first-quarter earnings of 46 cents a share on revenue of $3.47 billion.
Boyd Gaming (BYD) announced Wednesday that it is acquiring Peninsula Gaming for $1.45 billion. -- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.