In corporate news,
Green Mountain Coffee Roasters
Wall Street's expectations in its fiscal fourth quarter. Shares surged 27.3%.
American Eagle Outfitters
shares jumped 7.1% after the Pittsburgh-based teen apparel and accessories retailer hiked its full-year outlook to $1.38 to $1.40 a share from its previous outlook of $1.33 to $1.36 a share as it posted better-than-expected third-quarter results.
shares advanced 8.9% after the specialty apparel and accessory retailer booked stronger-than-anticipated fiscal third-quarter profit and gave higher-than-estimated fourth-quarter guidance amid strength in its Black Friday sales.
shares tumbled 12.4% amid some concerns about the company's full-year guidance. Fresh Market posted third-quarter profit that was in line with expectations.
, the warehouse retailer, plans to pay a special dividend of $7 a share, or about $3 billion. Costco also said Wednesday that first-quarter sales jumped 10%. Shares popped 6.3%.
has emerged as the early front-runner to buy
Knight Capital Group
in a deal expected to value the brokerage firm at more than $1 billion,
The Wall Street Journal
reported, citing people briefed about the continuing sale talks.
Knight's board is expected to get takeover offers as early as this week from Virtu and
, two high-speed trading firms. Knight Capital shares soared 15.2%.
, the owner of brands such as Calvin Klein and Tommy Hilfiger, said Tuesday that fiscal third-quarter profit rose 47%. Shares rose 6.6%.
(MCC - Get Report)
shares fell 4.3% after the firm announced the public offering of 5 million shares of its common stock at a $13.75 a shares, with the intention of using proceeds to repay a portion of its outstanding debt.
(AKAM - Get Report)
shares tacked on 3.8% after being upgraded to overweight from neutral at Piper Jaffray.
-- Written by Andrea Tse and Joe Deaux in New York.
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