STOCKS NEWS US-Imax climbs after Q4 earnings

Stocks on the move

Real-time equity news

U.S. stock market report


0851 EST 11March2011
Imax climbs after Q4 earnings

Imax Corp reported a fourth-quarter profit on Thursday of 6 cents a share, which matched Wall Street expectations while revenue of $54.2 million was above analysts' expectations of $45.3 million.

The giant-screen movie theater operator said it was poised to deliver a 'strong first quarter,' based theater signings and a record box office quarter-to-date.

U.S. listed shares rose 1.1 percent to $16.19 in premarket trade. Reuters Messaging:rm://[e-mail]



0804 EST 11March2011
UBS upgrades Dr Pepper to 'buy'; ups share view

Shares of Dr Pepper Snapple Group Inc rose 1.9 percent to $34.30 in premarket trade on Thursday after UBS raised its rating on the stock to 'buy' from 'neutral.'

UBS increased its price target on the stock to $42 from $31 and said the 'market is not fully valuing strong fundamentals and a rapid current and pending share repurchase.'

Reuters Messaging: [e-mail]@reuters.net

0755 EST 11March2011
Buckle Q4 profit beats estimate

Apparel retailer Buckle Inc posted a better-than-expected fourth-quarter profit on Thursday, boosted by solid online sales.

The company reported quarterly earnings of 90 cents a share versus Wall Street expectations of 84 cents a share. Reuters Messaging:rm://[e-mail]


0753 EST 11March2010
Futures dip on Chinese CPI, ahead of jobless data

U.S. stock index futures were lower on Thursday ahead of a report on weekly jobless claims and after data showed a jump in Chinese inflation.

For details, see

S&P 500 futures fell 2.2 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 14 points, and Nasdaq 100 futures lost 3.5 points.

Reuters Messaging: [e-mail]


0742 EST 11March2010
Smithfield posts Q3 profit above estimate

Smithfield Foods Inc posted third-quarter earnings that topped Wall Street estimates on Thursday, but sales fell short of expectations.

The U.S. hog and pork producer reported third-quarter earnings of 22 cents per share on sales of $2.88 billion.

Analysts, on average, expected earnings of 19 cents a share on sales of $3.28 billion, according to Thomson Reuters estimates.

Shares were unchanged at $18.99 in premarket. Reuters Messaging:rm://[e-mail]


Keywords: MARKETS STOCKSNEWS

COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.