Illumina, Inc. (NASDAQ:ILMN) soared
6.31% to $54.91. For the third quarter, the company reported net income of
$35.4 million, or 24 cents a share, compared to $17.1 million, or 12 cents a
share, in the year-ago period. Excluding special items, the company earned 30
cents a share.
Revenue
for the quarter rose 50 percent to $237.3 million. Product revenue increased to
$224.7 million from $150.3 million a year ago.
Analysts
were expecting the company to earn 24 cents a share, on revenue of $218.28
million, according to Thomson Reuters.
Over
the past 52-week, the stock had traded within the range of $25.59-$57.19 and is
up more than 79% year-to-date. The stock made its fresh 52-week high of $57.19.
Aeropostale,
Inc. (NYSE:ARO) lost 5.52% to $25.15 after the stock
was initiated at Underweight with a price target of $26 target by Morgan
Stanley.
The stock went up more than 9% year-to-date.
Over
the past five trading sessions, the stock went down more than 5%. At today`s closing
market price, the market capitalization of the company stands at $2.33 billion.
AFLAC Incorporated (NYSE:AFL) went
up 2.17% to $56.39 after it made its fresh one-year high of $56.98. FBR Capital
maintained a 'Market Perform' rating on Aflac Incorporated and raisedits price
target on the stock from $53 to $59.
The
company said late Tuesday that third-quarter net income came in at $690
million, or $1.46 a share, compared with $363 million, or 77 cents a share, in
the year-earlier period.
Over
the past 52-week, the stock traded within the range of $39.91-$56.98.
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