Market Gainers - Jan 30 07
Today's major market gainers include one company each from Business Services Industry, Computer Services Industry, Regional Banks Industry, Insurance Industry, and Medical Equipment & Supplies Industry.
Align Technology, Inc. (Public, NASDAQ:ALGN) forecasts a strong quarter citing a strong response to its product, Invisalign teeth alignment. The company posted a fourth-quarter loss, but it wasn't as bad as analysts predicted. Align Technology posted a loss of $17.3 million. The company's stock rose because it is expecting its future prospects to be brighter.
UnumProvident Corporation (Public, NYSE:UNM) announced that it increased its long term care customer base by 15%. The company announced yesterday that its net income rose by $138.6 million. The company earned a reported net income of $276.1 million, compared to previous quarter's net income of $137.5 million. Company's stock opened at $21.05 and closed at $20.95, up 10.49%.
First Horizon National Corporation (Public, NYSE:FHN). There is a speculation that First Horizon might be sold. The speculation drove First National Corporation stock to new heights as the company's stock rose to $43.92, up 9.17%. First Horizon National Corporation was trading at $40.23 yesterday. The stock opened at $41.70, and went up as high as $44.05.
Getty Images Inc GYI (NYSE) Getty Images reported that its quarterly revenues grew by 10% to $204 million, compared to $185.8 mllion in the fourth quarter of 2005. Favorable quarterly earnings pushed Getty Images, Inc stock by 8.84%. The company's stock opened at $47.20 before closing at $49.32.