General Electric Company (NYSE:GE) surged
1.31% to $16.26. The company said Monday it won a $750 million contract to
expand an electric power station in Andhra Pradesh, India, with gas turbines.
The company
said the deal includes the sale of six Frame 9FA gas turbines, three D-11 steam
turbines, training, and long-term services.
Over
the past 52-week, the stock had traded within the range of $13.75-$19.70 and is
up more than 5% year-to-date.
Office Depot, Inc. (NYSE:ODP) soared
8.86% to $5.04 on unusual volumes. The company on Monday said Chairman and CEO
Steve Odland will resign on Nov. 1. Board member Neil Austrian will serve as
interim chief executive officer and chairman while the board searches for a
replacement.
The
company said it expects third-quarter earnings of 3 cents a share, excluding a
one-time gain of 15 cents a share, and revenue of $2.9 billion, compared to the
Wall Street estimate for a loss of 2 cents a share and revenue of $2.9 billion,
in a survey of analysts by FactSet Research.
The
stock opened at $5.01 and has a 52-week range of $3.36-$9.19.
Boyd
Gaming Corporation (NYSE:BYD) rose 2.50% to $8.19. The
company said Monday its third-quarter earnings slipped to $5.6 million, or 6 cents
a share, from $6.3 million, or 7 cents a share, in the year-ago period.
Analysts polled by FactSet Research were looking for
earnings of 5 cents a share, on average. Revenue fell 4.1% to $595.4 million
from $620.8 million.
The stock went down more than 2% year-to-date.
Genesis
Energy, L.P. (NYSE:GEL) declined 0.96% to $25.80. The company said
Monday it will pay $330 million in cash to buy Valero Energy Corp.'s 50% equity
interest in the Cameron Highway Oil Pipeline partnership.
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