Company News for December 07, 2015

•    Shares of Hovnanian Enterprises Inc. (HOV) gained 4.7% after the company reported fourth quarter fiscal 2015 earnings per share of $0.16, beating the Zacks Consensus Estimate of $0.10

•    Shares of Avon Products Inc. (AVP) advanced 5.8% after the company is in advanced talks to sell its struggling North American business to Cerberus Capital Management LP

•    KaloBios Pharmaceuticals, Inc. (KBIO) shares soared 6.2% after the company raised $8.2 million in a private placement and has started to form a new management team

•    Shares of Genesco Inc. (GCO) soared 10.3% after the company reported third quarter earnings per share of $1.40 that beat the Zacks Consensus Estimate of $1.30

 


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