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Apple Inc. (NASDAQ: AAPL) stock was trading higher by more than 3.5 percent ahead of Wednesday's opening bell. The iPhone maker's fiscal second-quarter results were accompanied with a strong guidance for the third quarter, along with a new $100 billion share buyback program and a quarterly dividend increase.
Evertec Inc (NYSE: EVTC) gained more than 5 percent in reaction to an earnings beat in its first-quarter results. The transaction processing business in Latin America said it earned 47 cents per share in the first quarter on revenue of $110.3 million versus expectations of 31 cents per share and $101.96 million. The company also lifted its full-year 2018 sales and EPS guidance above Wall Street's current estimates.
Spirit AeroSystems Holdings, Inc. (NYSE: SPR) stock was trading flat. The aerostructures manufacturer reported a sales beat, increased its dividend payout by 20 percent, announced a $725 million accelerated share repurchase plan, and confirmed it would acquire Asco Industries for $650 million.
Xerox Corp (NYSE: XRX) could see increased volatility throughout Wednesday's session after the company announced its CEO and six of 10 board members will leave the company. Instead, members appointed by activist investors and major shareholders Carl Icahn and Darwin Deason will assume new leadership roles and will gather "immediately."
Juniper Networks, Inc. (NYSE: JNPR) was trading higher by more than 8 percent after its first-quarter results Tuesday afternoon. The top-and-bottom-line beat prompted analysts at Bank of America and Deutsche Bank to upgrade Juniper's stock rating.
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