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FedEx Corporation (NYSE: FDX) shares rose 1.07 percent to close at $100.54 a share Wednesday. The stock traded between $99.26 and $103.47 on volume of 4.50 million shares traded. The company reported a GAAP net income of $1.56 billion for the fiscal year 2013, compared to a GAAP net income of $2.03 billion a year ago. Shares of FedEx have gained approximately 9.6 percent year-to-date.
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Finisar Corporation (NASDAQ: FNSR) shares increased 0.55 percent to close at $14.52 a share Wednesday. The stock traded in between $14.20 and $14.87 on volume of 4.67 million shares traded. The company reported revenues of $243.4 million for the fourth quarter of fiscal 2013, an increase of 2.1 percent when compared to the previous quarter. Shares of Finisar have fallen approximately 10.8 percent year-to-date.
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Steelcase Inc. (NYSE: SCS) shares increased 0.87 percent to close at $15.15 a share Wednesday. The stock traded between $14.78 and $15.16 on volume of 985,003 shares traded. The company’s earnings guidance of $0.22 to $0.26 per share for the second quarter of fiscal 2014 fell short of analysts’ expectations. Shares of Steelcase have gained approximately 18.9 percent year-to-date.
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Stratasys, Ltd. (NASDAQ: SSYS) shares declined 1.76 percent to close at $84.60 a share Wednesday. The stock traded in between $83.79 and $86.13 on volume of 454,537 shares traded. The company announced that it has agreed to purchase MakerBot in a stock-for-stock transaction. Shares of Stratasys have gained approximately 5.5 percent year-to-date.
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www.RDInvesting.com/SSYS
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