Dallas,TX 1/27/2010 12:11:45 AM
News / Business

Top Services Stocks Gainers are SHW, LYV, PRXL

Services Stocks

Sherwin-Williams Company (NYSE:SHW) is up 8.66% to $64.02 on 1.51 million shares after the company announced that for first quarter of 2010, it expects consolidated net sales to be flat to down slightly versus the first quarter of 2009 and diluted net income per common share (EPS) to be in the range of $0.30-$0.40. For fiscal 2010, it expects net sales to increase above 2009 levels by a low-to-middle single-digit percentage and EPS to be in the range of $4.05-$4.45.

 

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Live Nation, Inc. (NYSE:LYV) surges 13.32% to $11.91 on 1.34 million shares after Live Nation and Ticketmaster Entertainment, Inc. announced they have completed their merger following the receipt of regulatory clearances and approvals from all government authorities required by the merger agreement and the approval of the Company and Ticketmaster stockholders.

 

PAREXEL International Corporation (NASDAQ:PRXL) soars 10.09% to $19.31 after the company announced that for third quarter of 2010, it expects consolidated service revenue to be in the range of $288-$293 million, GAAP earnings per diluted share to be in the range of $0.11-$0.14, and adjusted earnings per share (EPS) to be in the range of $0.25-$0.28. For fiscal 2010, it expects consolidated service revenue to be in the range of $1.125-$1.145 billion, GAAP per diluted share to be in the range of $0.66-$0.72, and adjusted diluted earnings per share to be in the range of $1.00-$1.06.

 

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