Company News for June 27, 2014

• Alcoa Inc’s (NYSE:AA) shares gained 2.7% on news that it will acquire Firth Rixon, a manufacturer of aerospace parts, for $2.85 billion

• Shares of Worthington Industries, Inc. (NYSE:WOR) fell 2% after posting fourth quarter earnings per share of $0.47, lower than the Zacks Consensus Estimate of $0.66

• Steelcase Inc.’s (NYSE:SCS) shares declined 10.7% after reporting first quarter adjusted earnings per share of $0.12, missing the Zacks Consensus Estimate of $0.15

• Shares of Nabors Industries Ltd. (NYSE:NBR) climbed 6.2% following news that C&J Energy Services Inc (NYSE:CJES) will buy its hydraulic fracturing business in a cash and stock deal worth $2.86 billion


Read the analyst report on AA

Read the analyst report on WOR

Read the analyst report on SCS

Read the analyst report on NBR

Read the analyst report on CJES


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