Market Alert: Urban Outfitters Inc. (NASDAQ:URBN), Zayo Group Holdings (NYSE:ZAYO), Blonder Tongue Laboratories Inc. (NYSEMKT:BDR), Rock-Tenn Company (NYSE:RKT), Raytheon Company (NYSE:RTN)


Shares of the hipster-leaning apparel chain Urban Outfitters (NASDAQ:URBN) on Tuesday jolted to heights not reached since August 2013 after the company turned in forecast-topping fourth-quarter results. The purveyor of skinny jeans, faded band T-shirts and assorted irony reported late Monday that Q4 earnings per share rose a penny from a year ago to 60 cents, beating analyst estimates for 58 cents. The result marked the first time during the company’s fiscal year that it beat Wall Street’s EPS outlook. On Tuesday shares of Urban Outfitters Inc. (NASDAQ:URBN) closed at $44.06. Company’s sales growth for last 5 years was 11.00% and EPS growth for next 5 years is recorded as 14.50%.

Zayo Group Holdings Inc. (NYSE: ZAYO) on Monday commenced its follow-on public offering of 16 million shares of common stock, including 4 million shares of company-owned stock and 12 million shares from selling stockholders. After estimated offering expenses, the Boulder-based broadband infrastructure provider expects to raise $100.8 million, according to an amended Form S-1 filed with the Securities and Exchange Commission on Monday. Zayo Group Holdings, Inc. (NYSE:ZAYO) in last trading activity advanced 6.88% to close at $28.10. Company weekly performance is -2.80% while its quarterly performance stands at 4.93%. Zayo Group Holdings, Inc. (NYSE:ZAYO) is -12.68% away from its 52 week high.

Blonder Tongue Laboratories, Inc. (NYSE MKT:BDR) announced that its 2015 Annual Meeting of Stockholders will be held at 10:00 a.m. on Tuesday, May 19, 2015, at the Company’s headquarters located at One Jake Brown Road, Old Bridge, New Jersey. On last trading day Blonder Tongue Laboratories Inc. (NYSEMKT:BDR) decreased -2.40% to close at $1.63. Its volatility for the week is 5.84% while volatility for the month is 5.47%. BDR’s sales growth for past 5 years was -4.60% and its EPS growth for past 5 years was -34.99%. Blonder Tongue Laboratories Inc. (NYSEMKT:BDR) monthly performance is -11.16%.

Rock-Tenn Company (NYSE:RKT) and MeadWestvaco Corporation (MWV) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) with respect to the pending business combination transaction between RockTenn and MWV has expired. Rock-Tenn Company (NYSE:RKT) has 1.00% insider ownership while its institutional ownership stands at 89.10%. In last trading activity company’s stock closed at $63.69.

Raytheon Company (NYSE:RTN) plans to expand its operations in Indianapolis, IN. The state is luring Raytheon with incentives worth up to $4.4 million in a deal that will likely add 250 jobs in Indianapolis over the next few years. On last trading day Raytheon Company (NYSE:RTN) decreased -1.82% to close at $104.94. Its volatility for the week is 1.56% while volatility for the month is 1.38%. RTN’s sales growth for past 5 years was -1.70% and its EPS growth for past 5 years was 7.30%. Raytheon Company (NYSE:RTN) monthly performance is -2.34%.


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