Updated from 11:40 a.m. EDT Shares of First Cash Financial Services ( FCFS) were among the Nasdaq winners Thursday after the company reported better-than-expected second-quarter earnings and sales, and announced a share repurchase plan. Citing new store openings, the company reported a profit of 25 cents a share on sales of $40.3 million. Analysts polled by Thomson First Call had expected it to earn 24 cents a share on sales of $39.7 million. Looking ahead, it said that earnings for the full year would be at the upper range of $1.17 to $1.22 a share. Analysts are looking for full-year earnings of $1.22 a share. First Cash also announced a stock repurchase plan of up to 1.6 million shares, or about 10% of the company's outstanding shares. Shares of First Cash Financial Services traded up $2.92, or 17.3%, to $19.77. WD-40 ( WDFC) slumped after it reported weaker-than-expected third-quarter earnings and sales and reduced its earnings expectations for the full year. Third-quarter earnings of 35 cents a share were well short of the 42 cents that analysts had expected. Sales, meanwhile, came in at $59.7 million, below expectations of $67.4 million. Looking ahead, WD-40 said that full-year income would be $26 million to $27 million, or $1.57 a share, down from previous guidance of $30 million, or $1.74 a share. Shares of WD-40 traded down $1.58, or 5.8%, to $25.87. Shares of Marcus Corp. ( MCS) jumped after lodging and entertainment company agreed to sell its limited-service lodging division to La Quinta ( LQI) for about $395 million in cash. The limited-service lodging division includes 178 Baymont Inns and Suites, seven Woodfield Suites and one Budgetel Inn. The limited-service division contributed $126.2 million in revenue for the period ended Feb. 26 to Marcus's top line and operating income of $12.4 million. The deal is expected to close later this summer or in early fall. Shares of Marcus traded up $3.04, or 19.1%, to $18.99.
NUI ( NUI) rose after it agreed to be purchased by AGL Resources ( ATG) for about $220 million in cash, or $13.70 a share. NUI also announced that it received a commitment for an added $95 million in credit facilities, composed of a $75 million senior secured credit line and a $20 million senior unsecured credit line. The credit facilities are intended to provide additional liquidity to NUI through the close of the sale and for gas purchases during the winter heating season. Shares of NUI traded up 79 cents, or 6.3%, to $13.30. Shares of CEC Entertainment ( CEC) rose after the company reported better-than-expected second-quarter earnings. Citing an increase in same-store sales and new store openings, the company reported a profit of 40 cents a share on sales of $165.4 million. Analysts had expected it to earn 39 cents a share on sales of $169.2 million. Looking ahead, the owner and operator of Chuck E. Cheese's restaurants said that it now expects third-quarter earnings of between 51 cents and 53 cents a share. Analysts were expecting 50 cents a share. During the fourth quarter it expects to report earnings of 40 cents to 42 cents a share. Analysts were looking for it to report 39 cents a share. Shares of CEC Entertainment traded up $3.51, or 11.4%, to $34.36. NYSE volume leaders included Nokia ( NOK), down $1.79 to $12.45; Caesars Entertainment ( CZR), down 95 cents to $15.05; Advanced Micro Devices ( AMD), down 77 cents to $12.97; General Electric ( GE), up 24 cents to $33.37; and Lucent ( LU), down 7 cents to $3.41. Nasdaq volume leaders included Intel ( INTC), down 23 cents to $23.15; Oracle ( ORCL), down 7 cents to $10.72; SanDisk ( SNDK), up $4.11 to $24.09; Microsoft ( MSFT), down 26 cents to $27.87; and Cisco ( CSCO), up 3 cents to $22.13.