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Most Active US Stock Movers: The Talbots, Inc., Smithfield Foods, Inc., Jackson Hewitt Tax Service Inc., Titan Machinery Inc.
By: EmailWire.Com Press Releases
Posted on September 27, 2010 at 03:00 AM EDT
(EMAILWIRE.COM, September 27, 2010 ) New York, NY-The Talbots, Inc. (AMEX:TLB) soared 10.74% to $12.06 on over 5.82 million shares. Earlier this month, the company said that it swung to a fiscal second-quarter profit of $941,000, or 1 cent a share, from a loss of $24.5 million, or 45 cents, in the prior-year quarter. On an adjusted basis, the company earned 13 cents a share in the latest quarter.

Revenue slipped 1.3% to $300.7 million from $304.6 million. Analysts, on average, expected the company to report earnings of 5 cents per share on revenue of $316.77 million.


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Smithfield Foods, Inc. (NYSE:SFD) added 2.75% to $16.45 after 1.51 million shares of trade. Earlier this month, the company said that it swung to a fiscal first-quarter profit of $76.3 million, or 46 cents a share, from a loss of $107.7 million, or 75 cents a share, in the year-ago quarter.

Revenue grew 7% to $2.9 billion. Analysts, on average, expected the company to report earnings of 45 cents per share on revenue of $3.04 billion.

Jackson Hewitt Tax Service Inc. (NYSE:JTX) plunged 8.41% to $0.980 on over 1.32 million shares of trade. Earlier this month, the company posted a narrower first-quarter loss of $19.2 million, or 67 cents per share, compared to a net loss of $21.8 million, or 76 cents per share, in the comparable quarter last year. On an adjusted basis, Jackson Hewitt's net loss was 65 cents per share in the latest quarter.

Revenue declined to $4.4 million from $5 million. Analysts, on average, expected the company to post a loss of 75 cents per share on revenue of $5.00 million.

Titan Machinery Inc. (NASDAQ:TITN) soared 6.35% to $16.92. Earlier this month, the company reported that its second-quarter net income declined to $2.71 million, or 15 cents per share, from $4.85 million, or 27 cents per share, in the same quarter last year. Revenue increased 8.5% to $209.67 million from $193.19 million.

Analysts, on average, expected the company to report earnings of 19 cents per share on revenue of $215.95 million.

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Source: EmailWire.Com
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