12:40 PM New York – DSW net jumped 4% but sales dropped 4%. FactSet net climbed 18% to $52 million and lifted outlook. FutureFuel surged after profit and sales climbed. GameStop dropped after Wal-Mart launched a plan to accept used videogames in exchange for store gift cards. Hertz loss narrowed.
) declined 3.1% or $1.23 to $38.76 after the footwear and accessory retailer reported sales in the fourth-quarter ending on February 2 dropped 3.7% to $572 million. Comparable sales in the quarter were flat.
Net income in the quarter jumped 3.7% to $28.1 million or 30 cents a diluted share compared to $27.1 million or 30 cents.
The company expects revenue growth in the year of 6% to 7% and earnings per share between $1.80 and $1.95.
FactSet Research Systems Inc
) climbed 7.8% or $8.16 to $112.70 after the professional information services provider said revenues in the second-quarter ending in February jumped 7% to $226.9 million.
Net income in the quarter climbed 17.7% to $52.4 million or $1.22 a diluted share compared to $44.5 million or $1.
The company expects revenues in the third-quarter between $229 million and $233 million and diluted earnings per share in the range of $1.24 and $1.26
) surged 16.5% or $2.89 to $20.45 after the biofuels company stated in the fourth-quarter ending in December soared 68% to $125.6 million.
Net income in the quarter surged to $26.5 million or 61 cents a diluted share compared to $6.2 million or 15 cents.
) plummeted 4.8% or $1.91 to $37.84 after the Wal-Mart Stores Inc plans to allow its U.S. customers to hand in used videogames in exchange for store or online gift cards.
Hertz Global Holdings, Inc
) rose 10 cents to $27.39 after the auto-rental group plans to spin off its construction equipment rental division into a separate and publicly traded company.
Separately, the company reported revenue in the fourth-quarter ending in December climbed 10.2% to $2.56 billion.
Net losses in the quarter narrowed to $0.6 million or break even on a diluted share basis compared to $36.8 million or 9 cents per share.
For the full year 2014, the company forecasts revenues to grow 7.2% to between $11.40 billion and as high as $11.70 billion and adjusted net income to jump 14.1% to $785 million and as high as $925 million.
Adjusted diluted earnings per share to increase to a range between $1.70 and $2.