Altera Corporation (NASDAQ:ALTR) is
trading at $28.97 and decreased 1.69% from the previous day’s close. The
company reported its third-quarter net income more than trebled to $217.5
million, or 69 cents a share, from a profit of $56.7 million, or 19 cents a
share, in the same quarter last year.
Analysts
had expected the chip company to report earnings of 64 cents a share, on
revenue of $524.8 million, according to a consensus survey by FactSet Research.
Over the
past 52-week, the stock had traded within the range of $19.23-$30.97. At
current market price, the market capitalization of the company is $8.90
billion.
VMware, Inc. (NYSE:VMW) increased
0.77% to $73.68 after the company yesterday reported a third-quarter profit of
$84.6 million, or 20 cents a share, compared with a profit of $38.2 million, or
9 cents a share, for the year-earlier period. Revenue was $714.2 million, up
from $489.8 million. On an adjusted basis, the tech company would have earned
39 cents a share.
The
stock went up more than 72% year-to-date.
Shares of Quest Diagnostics
Incorporated (NYSE:DGX) dropped 2.70% to $48.73. The company said that its
net income jumped to $198 million or $1.13 a share, from $192 million, or $1.02
a share, in the year-ago period. Recent results include a tax benefit of 8
cents a share. Analysts polled by FactSet Research were looking for earnings of
$1 a share.
The stock opened at $50.94 and is trading within the range of $47.88-$51.41.
The average daily volume of the stock is 1.19 million shares.
Comerica
Incorporated (NYSE:CMA) went down 7.76% to $35.41. The company reported
third-quarter net income of $59 million, up from $19 million in the same period
a year earlier.
The company said net income attributable to common shares was $59
million, or 33 cents a share, compared to a loss of $16 million, or 10 cents a
share, in the same period a year earlier.
A survey of analysts by FactSet Research had produced a consensus
estimate of a profit of 40 cents a share for the Dallas-based bank.
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