Shares of Hercules Offshore (HERO Quote) advanced after the well driller beat Wall Street's fourth-quarter earnings estimates. The company posted a loss of $2.2 million, or 8 cents a share, on revenue of $48 million, compared with net income of $5.9 million, or 40 cents a share, on revenue of $23.3 million a year ago.
Excluding certain charges, Hercules earned $9.9 million, or 34 cents a share. Analysts polled by Thomson First Call were looking for a profit of 24 cents a share on that basis. Hercules gained 72 cents, or 2.1%, to $35.52 in recent trading.
RAE Systems (RAE Quote) rose after the company, which makes chemical- and radiation-detection monitors, said more than 40 of its AreaRAE systems were used at Ford Field and at key locations in and around Detroit to check for possible threats during the Super Bowl. Shares of RAE Systems tacked on 11 cents, or 3.1%, to $3.71. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet