NEW YORK (TheStreet) -- Shares of Collective Brands (PSS) were plunging 16.6% to $15.32 in premarket trading Wednesday after the footwear retailer missed Wall Street's profit expectations by a wide margin.
California Pizza Kitchen
( CPKI) was popping 12.5% to $18.80 after
to private-equity firm Golden Gate Capital for about $470 million,
The Wall Street Journal
Medical devices company
was rising 3.3% to $6.89 after announcing that it has received approval from the U.S. Food and Drug Administration to market its 2.25 mm Promus Everolimus-Eluting Coronary Stent System for use in vessels as small as 2.25 mm in diameter. The stock has been upgraded to neutral from sell at
said third-quarter earnings rose 6% as net sales
Costco shares were falling 2.9% to $79.02.
Analog semiconductor company
was rising 2.7% to $32.56 after reporting second-quarter profit of 64 cents a share vs. the average analyst estimate of 60 cents a share.
was rising 2.6% to $20.80 after saying its second-quarter
as the luxury homebuilder continues to see stability across its products.
were falling 2.4% to $13.38 after the chip equipment maker gave a
for the July quarter, saying it sees a sequential decline of between 3% to 10% in net sales.
In a small step toward unwinding the government's significant stake in
American International Group
, the company and the U.S. Treasury
at $29 each, generating $8.7 billion in proceeds. Shares were down 2.4% to $28.74.
was down 1.7% to $29.50 after reporting second-quarter profit of 40 cents a share, in line with estimates.
The board of
has approved the increase of the health care benefits company's quarterly dividend to 16.125 cents a share from 12.5 cents and renewed the company's share repurchase program, authorizing the purchase of 110 million shares over time. Shares were down 0.5% to $47.72.
Video game developer
posted a narrower-than-expected quarterly loss and said it has
extended long-term employment agreements
with key members of its Rockstar Games creative team while also inking a new management deal with ZelnickMedia. Shares were trading sideways at $16.11.
-- Written by Andrea Tse in New York.
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