Friday, March 4, 2011

Agilent (A), Cadence (CADX), Cooper (COO US), LSB (LXU), Spreadtrum (SPRD) Jump on Earnings, Guidance

Shares of Agilent Technologies Inc. (A), Cadence Pharmaceuticals Inc. (CADX), Cooper Cos. (COO US), LSB Industries Inc. (LXU), Spreadtrum Communications Inc. (SPRD) were all hopping today, as they beat expectations and/or gave strong guidance.

Agilent Technologies Inc. (A) was up over 5 percent, as they boosted their guidance for long-term sales and operating margin forecasts, according to JPMorgan (NYSE:JPM). Agilent was trading at $45.19, gaining $2.37, or 5.53 percent, as of 1:13 PM EST.

Cadence Pharmaceuticals Inc. (CADX) was rocking, as the loss for the quarter was a penny less than analysts were looking for. The company was trading at $8.58, up $1.07, or 14.25 percent.

Cooper Cos. (COO) is up on beating analysts' expectation for earnings by 26 percent. Trading at $68.00, up $4.38, or 6.88 percent, the company was on top of the leaders in the Russell 1000 Index.

LSB Industries Inc. (LXU) made its big upward moved based on profits more than doubling over analysts' estimates, coming in at 79 cents a share. They were trading at $35.79, gaining $3.71, or 11.56 percent.

Spreadtrum Communications Inc. (SPRD) climbed on fourth-quarter sales of $126.5 million, beating the average analyst estimate of $123.4 million. They traded at $22.78, up $1.16, or 5.37 percent.

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