Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX) soared 7.15% to $28.61. Late Wednesday, Onyx said it earned $42 million, or 66 cents a share, in the quarter, compared with $8 million or 14 cents a share, for the year-ago period. Revenue shot up to $123 million from $69 million, boosted by $59 million in license revenue derived from the company's new collaboration with Japanese drug maker Ono Pharmaceutical Co. The stock went down more than 2% year-to-date. Aeropostale, Inc. (NYSE:ARO) went up 1.47% to $24.20. The company said its October same-store sales fell 2%, compared to the Wall Street target for an increase of 3.1%, according to a survey by Thomson Reuters. Total sales for the month grew by 5% to $146.1 million. The company expects third-quater earnings of 62 cents a share, including a previously disclosed charge of 4 cents a share, compared to the Wall Street target of 66 cents a share in a survey of analysts by FactSet Research. The 52-week range of the stock is $19.10-$32.24. Ross Stores, Inc. (NASDAQ:ROST) rallied 5.16% to $63.61. The company estimated on Thursday that fiscal third-quarter earnings would rise 20% to 21%, to $1.01 to $1.02 a share from 84 cents in the year-earlier period. For the quarter ended Oct. 30, sales rose 7.5% to $1.87 billion, with same-store sales up 3%. A survey of analysts by FactSet Research was estimating profit of 92 cents a share on sales of $1.84 billion. For October, same-store sales rose 4%, while a survey of analysts by Thomson Reuters was looking for a rise of 0.8%. Total sales for the month rose 7.7% to $600 million.
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Thursday, November 4, 2010
Stocks In News (ONXX, ARO, ROST)
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