In this report: International Gaming Technology (NYSE:IGT), Cal-Maine Foods (NASDAQ:CALM) and Teradata Corp. (NYSE:TDC).
Cal-Maine Foods (NASDAQ:CALM) is trading over 4.5 percent higher today after the company reported a rise in profits and sales during the second quarter. The rise came despite an increase in feed costs. The company reported a net income of $23.3 million, or 97 cents per share during the three months which ended on November 26th. During the same quarter last year the company reported earnings of $15.2 million of 64 cents per share. Revenue during the period rose 24 percent to $290.4 million from $234.5 million last year. Cal-Maine Foods currently trades at $35.81 per share.
International Gaming Technology (NYSE:IGT), casino operators and gaming companies are trading significantly higher after the Wall Street Journal, citing legal experts, reported that a Justice Department opinion could enable states to legalize most forms of online gambling within their borders. The move could benefit casino operators who could launch virtual casinos. International Gaming Technology is currently trading 4.5 percent higher today at $17.30 per share.
Teradata Corp. (NYSE:TDC) currently trades 1 percent higher today after the company received a downgrade by analysts at Bank of America-Merrill Lynch. The firm put the company on its US 1 List of favored equities which helped push the company’s stock to its current price of $49.48 per share.
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