U.S. Movers: 99Cents, CGI Group, Cisco, EDGAR, Kohl

Mukesh Buch
10 Nov, 2011
New York City

99Cents second quarter net increased to $15.1 million. Cisco first quarter net fell 7.9% to $1.8 billion. Kohl

[R]11:30 AM New York – 99Cents second quarter net increased to $15.1 million. Cisco first quarter net fell 7.9% to $1.8 billion. Kohl’s third quarter net soared 20% to $211 million. Viacom fourth quarter net surged to $576 million.[/R]

99Cents Only Stores ((NDN)) rose 2 cents to $21.72 after the consumer goods retailer reported second quarter net sales increased 8.8% to $363.0 million from $333.6 million in the year-ago quarter. Net income in the quarter rose to $15.1 million or 21 cents per diluted share compared to $12.9 million or 18 cents per share in the year ago earlier.

Advance Auto Parts, Inc. ((AAP)) gained 3.5% or $2.37 to $68.74 after the automotive parts retailer reported third quarter total sales increased 4.6% to $1.46 billion from $1.41 billion in the year-ago quarter. Net income in the quarter surged to $105.5 million or $1.41 per diluted share compared to $87.6 million or $1.03 per share in the year ago period.

AMC Networks Inc ((AMCX)) increased 4.9% or $1.61 to $34.14 after the broadcasting and cable TV operator reported third quarter net revenue grew 4.6% to $283.9 million from $271.4 million in the year-ago quarter. Net income in the quarter increased to $40.0 million or 55 cents per diluted share compared to $25.2 million or 37 cents per share in the year ago quarter.

CGI Group Inc. ((GIB)) rose 1.6% or 33 cents to $20.00 after the Canada based information technology reported fourth quarter revenue soared 18.9% to $4.32 billion from $3.73 billion in the year-ago quarter. Net earnings in the quarter surged 19.9% to $435.1 million or $1.58 per diluted share compared to $362.8 million or $1.24 per share in the year ago.

Cisco Systems, Inc. ((CSCO)) rose 5.6% or 99 cents to $18.60 after the communication equipment maker reported first quarter net revenue increased 4.7% to $11.26 billion from $10.75 billion in the year-ago quarter. Net income in the quarter fell 7.9% to $1.8 billion or 33 cents per diluted share compared to $1.9 billion or 34 cents per share in the year ago.

EDGAR Online, Inc ((EDGR)) declined 30% or 24 cents to $0.56 after the public filings and financial data distributor said third quarter total revenues grew to $7.6 million from $5.2 million in the year-ago quarter. Net loss in the quarter widened to $3.7 million or 12 cents per diluted share compared to $2.1 million or 8 cents per share in the year ago period.

Flowers Foods, Inc. ((FLO)) rose 0.5% or 11 cents to $20.53 after the bakery products producer reported third quarter sales increased 13% to $675.4 million from $597.9 million in the year-ago quarter. Net income in the quarter fell to $31.0 million or 23 cents per diluted share compared to $31.2 million or 23 cents per share in the year ago earlier.

Green Mountain Coffee Roasters, Inc. ((GMCR)) tumbled 38.3% or $25.68 to $41.34 after the specialty coffee maker reported fourth quarter total net sales surged 91% to $711.9 million from $373.1 million in the year-ago quarter. Net income in the quarter soared 179% to $75.4 million or 47 cents per diluted share compared to $27.0 million or 20 cents per share in the year ago.

Kohl’s Corporation ((KSS)) increased 1.9% or $1.06 to $55.35 after the department store operator reported third quarter net sales increased 3.8% to $4.4 billion from $4.2 billion in the year-ago quarter. Comparable store sales for the quarter increased 2.1%.

Net income in the quarter soared 20% to $211 million or 80 cents per diluted share compared to $176 million or 57 cents per share in the year ago period.

Maximus, Inc ((MMS)) rose 0.8% or 36 cents to $40.68 after the outsourcing company reported fourth quarter revenues grew 18% to $250.1 million from $212.5 million in the year-ago quarter. Net income in the quarter increased to $25.6 million or 73 cents per diluted share compared to $21.7 million or 61 cents per share in the year ago quarter.

Rock-Tenn Company ((RKT)) decreased 2.7% or $1.64 to $58.65 after the packaging products maker reported fourth quarter net sales surged to $2.46 billion from $0.81 billion in the year-ago quarter. Net income in the quarter fell to $83.9 million or $1.17 per diluted share compared to $91.4 million or $2.31 per share in the year ago earlier.

Siemens AG ((SI)) increased 1.3% or $1.30 to $97.33 after the Germany based technology company reported fourth quarter revenue increased to €20.3 billion from €19.4 billion in the year-ago quarter. Net income in the quarter swung to €1.23 billion or €1.33 per diluted share compared to net loss of €0.40 billion or €0.54 per share in the year ago.

Teekay Corporation ((TK)) increased 1.4% or 37 cents to $26.52 after the Bermuda based marine transportation service provider reported third quarter net revenues edged up to $468.1 million from $467.9 million in the year-ago quarter. Net loss in the quarter widened to $291.1 million or $4.20 per diluted share compared to $186.0 million or $2.55 per share in the year ago earlier.

Viacom Inc. ((VIA)) rose 0.7% or 37 cents to $49.65 after the entertainment content company reported fourth quarter revenue increased 22% to $4.05 billion from $3.33 billion in the year-ago quarter. Net earnings in the quarter surged to $576 million or $1.00 per diluted share compared to $189 million or $0.31 per share in the year ago.