posted lower-than-expected third-quarter revenue amid a slump in credit default swap activity and a decline in trading volume for over-the-counter North American natural gas and power contracts. Earnings per share beat expectations amid expense declines and a more favorable tax rate. Shares rose 2.6%.
booked fiscal fourth-quarter results that exceeded Wall Street targets and provided fiscal 2013 guidance with a midpoint that surpassed expectations, as organic sales increased 5% in the quarter. Shares gained more than 3%.
, the health insurer, hiked its 2012 forecast and announced the acquisition of
Metropolitan Health Networks
. Humana shares rose less than 1%, while Metropolitan Health's stock advanced 2.8%.
Time Warner Cable
posted third-quarter results that missed Wall Street expectations after it lost more video subscribers than expected. Shares dropped 6.7%.
shares leapt nearly 6% after the offshore contract drilling services provider reported better than expected third-quarter earnings.
Shares of Japanese automaker
surged nearly 5% after the company raised its full-year earnings forecast.
agreed to acquire
for roughly $575 million. The deal creates a middle-market investment bank with a focus on the financial services industry. Stifel shares added more than 2%, while KBW's stock jumped 7%.
shares soared more than 31% after the company said patients with a rare genetic disorder known as Morquio A Syndrome were able to
following treatment with the company's experimental drug GALNS, satisfying the main goal of a late-stage study.
--Written by Andrea Tse in New York.
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