Boston, MA 03/26/2014 (wallstreetpr) – Sprague Resources LP (NYSE:SRLP) reports its fourth quarter earnings today. The company is expected report revenue of $1.2 billion and earnings per share of 40 cents for the quarter before markets open. The release of the results will be followed by a conference call during which the management will take to the stage to discuss the details of the financial results. Shares of the company dropped 0.52 percent to $19.06 in the previous session. The shares which opened the day at $19.22 changed hands between $19.05 low and $19.30 high on the day. Sprague Resources LP (NYSE:SRLP) is involved in the acquisition, storage and marketing of petroleum products. According to December 2012 disclosure, the company owned and operated network of 15 refined petroleum products.
Mercury Systems Inc (NASDAQ:MRCY) which is reported to be on the auction block, witnessed its shares falling in the previous session. Shares of the provider of intelligence and warfare applications fell 1.37 percent to $12.99 by close of market Tuesday. Earlier on the shares escalated to touch 52-week high of $13.40, having opened the day at $13.20. The company could fetch about $500 million in an acquisition deal. Sources familiar to the talks about the sale of the company revealed that a deal could be struck with a large aerospace and defense firm. Mercury Systems Inc (NASDAQ:MRCY) has seen orders coming in the recent months, including $11 million follow-on from unidentified defense contractor and last month’s $3.1 million fresh order. The company suffered $1 million loss on $53.1 million revenue in the second quarter of 2013.
Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) continues to soar on the positive ratings it recently received. Shares of the company have been breaching historic prices and Tuesday session was no exception. The shares surged to a new 52-week high of $29.22, before climbing down to settle at $29.05, up 2.25 percent. The $712.63 million market capped company saw its shares shifting hands between $27.98 and $29.22 on intraday low and high respectively.
