(Story updated with Heinz earnings and premarket share price changes)
NEW YORK (TheStreet) -- Heinz (HNZ) shares were down 4 cents, or less than 1%, to $48.15 after it reported that second-quarter profit grew 8.5% to $251.4 million, or 78 cents a share, from $231.4 million, or 73 cents a share, the prior year. Sales fell by 1.2% to $2.61 billion.
shares have jumped 9% to $126.20 in premarket trading after the company projected fourth-quarter sales that topped analysts' forecasts. The company is targeting revenue of $447 million to $449 million vs. the $410.5 million consensus estimate.
rose 3% to $14.07 in premarket trading after the company said third-quarter net income surged by 144% to $822 million thanks to lower PC component costs and more post-recession IT upgrades. Adjusted earnings per share was 45 cents, which easily beat the consensus forecast. The company also raised its full-year earnings forecast.
stock was up 1.2% to $19.85 after the company said it would buy back an additional $10 billion in common stock.
( APWR) was down 4.5% to $5.90 in premarket trading as it postponed its third-quarter earnings call originally scheduled for Thursday without going into why. However, the company did say the postponement had nothing to do with accounting irregularities.
stock was up 0.8% to $55.60 after its osteoporosis drug denosumab for cancer patients was approved by the Food and Drug Administration.
Del Monte Foods
( DLM) shares have been surging by 13.5% to $17.83 on reports that it is in advanced talks to be bought by private-equity firm
. KKR shares closed up 0.8% to 12.75 at Thursday's market close.
Bank of Ireland
ADRs have fallen 5.9% to $2.71 as
reported that Irish officials tried to reassure depositors that their savings were safe as the depositors pondered what an International Monetary Fund and European Union bailout of the nation's financial sector would mean for their savings.
-- Written by Andrea Tse in New York.
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