Las Vegas Sands
were among the
winners Friday, climbing 11% after the casino operator won a bid to build the world's largest casino in Singapore.
"Las Vegas Sands is honored to be selected by the Singapore government to build and operate the Marina Bay Integrated Resort," the company said. Las Vegas Sands , which bid more than $3.2 billion to build the casino, said that it hopes to have the Marina Bay Sands resort up and running by 2009. "We have enjoyed engaging with the Singapore government throughout this process and are proud to be given the opportunity to contribute to Singapore's tourism future," Las Vegas Sands said. Shares were trading up $6.73 to $70.40.
lifted its second-quarter guidance, but shares fell 3% after the footwear maker filed a registration statement for a secondary stock offering. Crocs now sees second-quarter earnings of 23 cents to 25 cents a share, up from an earlier view of 21 cents to 22 cents a share. The company raised its sales projection to $62 million to $65 million from an earlier forecast of $53 million to $55 million. Analysts polled by Thomson First Call project earnings of 22 cents a share and sales of $54.9 million. The company attributed the improved outlook to stronger-than-expected consumer demand.
Separately, Crocs said shareholders will sell shares in a secondary offering. The company won't receive any proceeds. According to the registration statement with the
Securities and Exchange Commission
, the shareholders are offering 6.5 million shares. The company's shares recently were down 88 cents to $25.12.
fell 7% after the company said it will sell 5.5 million shares of stock to a group of institutional investors at $26.38 a share, a 16% discount to Thursday's closing price of $31.52. The renewable fuels company said it plans to use the $138 million in proceeds to accelerate the completion and expansion of several ethanol production facilities. The company also seeks to make investments in corn and cellulose process technologies, it said. Shares were trading down $2.08 to $29.44.
Even though the company posted better-than-expected second-quarter results, shares of
fell 6% Friday. The sealant-dispensing equipment company earned $21.9 million, or 64 cents a share, including one-time restructuring charges of 2 cents a share. Analysts expected earnings of 61 cents a share for the quarter ended April 30. Nordson reported revenue of $231.8 million, ahead of analysts' forecast of $229.3 million. A year earlier, the company earned $17.5 million, or 47 cents a share, on revenue of $207.6 million. Shares, which had climbed about 35% since the beginning of the year, were recently down $3.31 to $51.04.
rose 3% after the oil and gas drilling services company announced a $100 million share-buyback plan. "We are committed to bringing value to our shareholders. Our strong cash position enables us to consider repurchasing common stock as one of several strategic investment options while continuing to finance future growth," said the company, which has about 194.5 million shares outstanding. The shares recently were up 20 cents to $7.66.
NYSE volume leaders included
, up 14 cents to $7.29;
, down 4 cents to $15.04;
, up 53 cents to $28.43;
, down 1 cent to $2.56;
, down 5 cents to $23.80;
, down 10 cents to $34.32; and
, down $1.06 to $44.94.
volume leaders included
, up 10 cents to $3.06;
Sirius Satellite Radio
, up 4 cents to $4.26;
, up 9 cents to $18.14;
, down 5 cents to $23.69;
, up 1 cent to $4.34;
, down 15 cents to $33.73; and
, down 14 cents to $20.38.