Stocks In News (Agilent Technologies Inc., JCP, WEN)

Agilent Technologies Inc. (NYSE:A) went up 1.37% to $36.22. The company's net income surged to $232 million or $0.66 per share from $25 million or $0.07 per share in the year-ago quarter. Results in both years included items such as business divestitures and restructuring charges.   

Net revenue rose to $1.576 billion from last year's $1.167 billion. Adjusted for the acquisition of Varian Inc. and recent divestitures, revenue grew 26% from last year. Analysts expected revenues of $1.52 billion for the quarter.

J.C. Penney Company, Inc. (NYSE:JCP) dropped 3.04% to $31.24. J.C. Penney Co. said Friday that its third-quarter profit rose 63%, buttressed by lower costs and new exclusive apparel lines, from Liz Claiborne to MNG by Mango.  

The average daily volume of the stock is 9.04 million shares. At current market price, the market capitalization of the company stands at $7.39 billion.

Wendy's Arby's Group Inc. (NYSE:WEN) went down 4.56% to $4.81. The company reported a net loss of $0.91 million or breakeven per share for the third quarter, compared to net income of $14.69 million or $0.03 per share in the prior-year quarter.

On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share for the third quarter. Analysts' estimates typically exclude special items.

Consolidated revenues for the quarter declined to $861.21 million from $903.22 million in the same quarter last year, and missed thirteen Wall Street analysts' consensus estimate of $882.57 million.