11:35 AM New York – BlackBerry net swung to profit. Clarcor net jumped 5%. IHS profit and revenue surged. Kroger net advanced 4.2% on 10% rise in sales. Rite Aid net plunged 54%. Red Hat dropped 7% but revenue soared 17%.
) surged 12.1% or $1.01 to $9.30 after the Canada-based mobile communication devices maker stated revenues in the first-quarter ending on May 24 decreased 1% to $966 million.
Net in the quarter swung to profit $23 million or 37 cents a diluted share compared to a loss of $423 million or 80 cents.
In the quarter, BlackBerry booked revenues for 2.6 million smartphone sales, an increase from 1.3 million devices in the previous quarter.
) soared 5.9% or $3.49 to $62.29 after the filtration products provider said net sales in the second-quarter ending in May surged 34% to $386.6 million.
Net earnings in the quarter jumped 5% to $34.6 million or 68 cents a diluted share compared to $33.1 million or 66 cents.
) increased 3.8% or $4.95 to $135.14 after the professional information services reported total net revenues in the second-quarter ending in May surged 36% to $568 million.
Net income in the quarter soared 28% to $55 million or 81 cents a diluted share compared to $43 million or 65 cents.
The Kroger Co
) climbed 5.8% or $2.76 to $50.03 after the food retailer said total net revenues in the first-quarter ending on May 24 climbed 9.9% to $33 billion.
Net income in the quarter advanced 4.2% to $501 million or 98 cents a diluted share compared to $481 million or 92 cents.
Rite Aid Corporation
) dropped 2.8% or 20 cents to $7.23 after the drugstore chain reported revenue in the first-quarter end in May rose 2.7% to $6.5 billion.
The company said same-store sales in the quarter jumped 3.1% and front-end same-store sales were flat while pharmacy same-store sales climbed 4.6%. The number of prescriptions filled in same-stores increased 2.3%.
Net income in the quarter plunged 53.8% to $41.4 million or 4 cents a diluted share compared to $89.7 million or 9 cents.
Rite Aid confirmed sales are expected for the year between $26 billion and $26.5 billion and same-store sales to increase in the range of 2.5% to 4.5% and net income to jump between $298 million and $408 million and diluted income per share in the range of 30 cents to 40 cents.
Red Hat Inc
) jumped 3.5% or $1.88 to $54.98 after the open source software developer said revenue in the first-quarter ending in May soared 17% to $424 million.
Net income in the quarter dropped 6.7% to $37.7 million or 20 cents a diluted share compared to $40.4 million or 21 cents.