Market News

November 7, 2012  Wed 7:26 AM CT

Biggest Customer Walks Away

Contract-manufacturing company Plexus said it will lose its biggest customer, Juniper Networks. The relationship will be concluded by the end of the year. PLXS craters 25 percent before the bell on my tradeMONSTER platform.

Agrium Earnings Miss, Guidance Is Weak

Agrium reported third-quarter earnings of $1.34 a share, missing the $1.82 average analyst estimate. Guidance for the current quarter was also below expectations, sending AGU down by 6 percent in early trading.

SodaStream Results Beat, Guidance Raised

SodaStream reported third-quarter earnings of $0.80 a share on revenue of $112.48 million. Estimates were for $0.72 and $103.52 million, respectively. Management also raised guidance, and SODA is popping by more than 8 percent in the premarket.
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