Computer Sciences, Cerner, YPF, Ralph Lauren, BWLD Lead Stock Percentage Gainers Feb 8th
Computer Sciences Corporation (NYSE:CSC): Reports Q3 revenue $3.76B, consensus $3.98B. Revenue was $3.76B net of a $204M reduction relating to the U.K. National Health Service contract; excluding the NHS reduction, revenue was $3.97B. EPS from continuing operations was ($8.97) and included two significant non-cash charges: a material impairment of the company’s net investment in the NHS contract, a charge of $1.49B, reducing EPS from continuing operations by $9.93, and a further goodwill impairment review for the BSS-Health reporting unit that resulted in a net goodwill impairment charge of $60M, which reduced EPS from continuing operations by 39c. The shares closed at $31.39, up $4.91, or 18.54%. They have traded in a 52-week range of $22.80 to $53.11.
Buffalo Wild Wings (NASDAQ:BWLD): Buffalo Wild Wings (NASDAQ:BWLD) is launching a second phase of a pilot program which gives customers access to Apple (NASDAQ:AAPL) iPads, after working out technical issues at one of its Toronto restaurants, reported Computerworld, citing the company’s director of international business. The shares closed at $82.19, up $12, or 17.1%. They have traded in a 52-week range of $50.01 to $71.22.
Cerner Corporation (NASDAQ:CERN): Reports Q4 revenue $615.6M vs. consensus $587.28M. This corrects a note from yesterday that included a typo in the statement of Q4 revenue. The shares closed at $70.88, up $8.31, or 13.28%. They have traded in a 52-week range of $53.93 to $74.39.
YPF SA (NYSE:YPF): The Argentine unit of YPF SA (NYSE:YPF) is raising its estimates on its shale oil resources at the Vaca Muerta formation to about 23B barrels from an earlier view of around 1B barrels, reported Bloomberg, citing people familiar with the situation. The shares closed at $35.90, up $3.44, or 10.6%. They have traded in a 52-week range of $31.00 to $53.47.
Ralph Lauren Corp (NYSE:RL): The company said, “Due to the stronger-than-expected third quarter performance, the Company now expects consolidated revenues for Fiscal 2012 to increase by approximately 20%, which compares to a prior expectation of high-teens-to-low 20% growth. The Company has also raised its operating margin outlook for Fiscal 2012. The full year operating margin from continuing operations is now estimated to be approximately equivalent to or only slightly below the prior year period, which compares to a prior expectation of a 50 basis point decline. The full year Fiscal 2012 tax rate is currently estimated to be 34%.” Consensus for FY12 revenue is $6.8B. The shares closed at $171.49, up $14.42, or 9.18%. They have traded in a 52-week range of $105.11 to $164.55.
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