The Exchange

  • Ruckus Wireless (RKUS) stock was sinking on Tuesday, down 25% in afternoon trading after it reported lighter-than-expected first-quarter earnings and a revenue outlook that disappointed investors.

    Credit: Reuters

    Back in November, Yahoo! Finance profiled the Sunnyvale, Calif.-based wi-fi equipment maker during another rough day for the company: Its IPO. Ruckus, whose logo features a barking canine, touted its debut on its own website that day, declaring, "Who Let the Dogs Out? The New York Stock Exchange, That's Who." Unfortunately, that sentiment was reflected in Ruckus's dog of a debut, as the shares ended the day down 18% from their $15 offer price.

    Before Tuesday's rout, however, Ruckus was actually up more than 25% from its IPO price, closing Monday at $19 a share. Still, the stock had sunk 17% year-to-date and 11% over the past three months. And the shares had the prologue to their largest one-day drop ever during after-hours trading Monday, as the company reported earnings per share of 2 cents

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  • Ask Warren your question here.
    Watch live Office Hours weekly to elevate your career at levoleague.com/officehours.

  • Oil and gas producer EOG Resources (EOG) was surging Tuesday as quarterly earnings came in much better than expected, lifting the stock to its best level since the days of soaring energy prices in 2008.

    Shares of Houston-based EOG were up $10.64, or 8.4%, at $136.68, a not insignificant percentage change for a company with a $37 billion market capitalization. Volume was 50% higher than a normal day two hours into trading. It was the fourth-best stock on the NYSE so far.

    EOG said following the previous close that first-quarter earnings rose to $494.7 million, or $1.82 a share, from $324 million, or $1.20 a share, in the prior-year period. Excluding items, EOG had a profit of $1.80 a share, well surpassing the $1.17 consensus estimate carried on FactSet. Revenue rose to $3.36 billion from $2.81 billion and topped the average projection of $3.10 billion.

    EOG Resources Stock, One-Year Chart

    Total crude oil production rose 33% from last year to 187.3 million barrels a day, helped by a strong quarter in the Eagle Ford Shale

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  • The Little Debbie Snacks logo for McKee Foods has received a new look, but the changes are so subtle the company is asking its Facebook (FB) fans to find the differences.

    The dessert-snack company announced the new look on May 2 and asked its 1.6 million fans to note the changes in the comments. So far, over 2,200 people have commented, and most have guessed right. Can you see the differences below?

    The changes include:

    • Little Debbie is wearing a more modern plaid shirt with a different shade of blue and a “Peter Pan” collar instead of a pointed collar.
    • Her hair is darker and less curly.
    • Debbie still dons a hat but the hat string is removed.
    • The red ribbon on the package also has a more updated look.

    "We opted to make subtle changes because we wanted to keep the same wholesome look that was based on an original portrait of my cousin, Debbie McKee-Fowler," said Chris McKee, executive vice president of marketing and sales for McKee Foods, in the press release.

    The logo change is

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