5 Most Active Stocks: H.J Heinz Surges 4% as Campbell Soup Rises 3%
H.J. Heinz Company (NYSE:HNZ): Guidance excludes the charges for productivity initiatives. Included in this range is an expected benefit from foreign exchange of approximately 5c. Heinz continues to expect constant currency growth within its original range of 7%-8% on sales and 6-%8%, excluding special items but including the incremental spending on Project Keystone. Heinz still expects strong operating free cash flow of approximately $1.15B for FY12 excluding special items and around $1B on a reported basis. Shares of H.J. Heinz Company are trading 4.15% higher today.
Campbell Soup Company (NYSE:CPB): U.S. Soup sales declined 2 percent compared to the year-ago quarter. Sales for Global Baking and Snacking were $526M. Sales for International Simple Meals and Beverages were $402M. Sales for U.S. Beverages were $187M. Shares of Campbell Soup Company are trading 3.68% higher today.
Gilead Sciences, Inc. (NASDAQ:GILD): Gilead Sciences announced that the majority of hepatitis C genotype 1 patients with a prior null response to an interferon-containing regimen enrolled in the ongoing ELECTRON study experienced viral relapse within four weeks of completing 12 weeks of treatment with GS-7977 plus ribavirin. Ten patients were randomized to this arm of the ELECTRON study and data are available for eight of the 10 patients at this time. Among these eight patients, six have experienced viral relapse. Two patients have not relapsed; however, they have only reached the two week post-treatment time point. Shares of Gilead Sciences, Inc. are trading 14.64% lower today.
FreightCar America, Inc. (NASDAQ:RAIL): Reports Q4 revenue $187.1M vs. consensus $126.83M. Results may not be comparable to consensus. FreightCar reported EPS (29c) on revenue $51M in the year-ago period. The Company delivered 2,489 railcars to customers in the fourth quarter of 2011, of which 2,153 were new cars, 62 were used cars and 274 were leased cars. Shares of FreightCar America, Inc. are trading 24.88% higher today.
BRIGHTCOVE INC (NASDAQ:BCOV): The company’s IPO was set at $11 per share. The stock is exploding higher with demand in its first day of public trading. Shares of BRIGHTCOVE INC are trading 35% higher today.
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