Alibaba, Herbalife and 3 Other Headline-Making Stocks: What You Need to Know

JetBlue Airways Corporation (NASDAQ:JBLU) is in the headlines today after the airline announced that its CFO and executive vice president, Mark Powers, will retire from the chief financial officer role effective November 1, 2016. JetBlue’s treasurer Jim Leddy will replace Mr. Powers on an interim basis as CFO. The number of funds in our system with holdings in JetBlue Airways Corporation (NASDAQ:JBLU) rose by nine during the second quarter to 38 at the end of June.

Investors are trading down Ruby Tuesday, Inc. (NYSE:RT) by nearly 6% today after the company reported its preliminary results for its first quarter of fiscal year 2017. For the period, the company’s management expects an adjusted net loss per diluted share of $0.10-to-$0.12 and for same-restaurant sales to inch lower by 2.7% year-over-year. Revenue is seen coming in at $256.7 million. In addition, Ruby Tuesday’s CEO James Buettgen has tendered has resignation, effective immediately, and will be replaced by Lane Cardwell on an interim basis. 16 funds in our database owned shares of Ruby Tuesday, Inc. (NYSE:RT) at the end of the second quarter, up by six funds quarter-over-quarter.

Radiant Logistics Inc (NYSEMKT:RLGT) lost $0.01 per share on revenue of $183.62 million for its fiscal 2016 fourth quarter, missing the consensus estimates by $0.04 and $18.97 million respectively. Sales inched lower by 6.4% year-over-year due to difficult market conditions such as excess capacity and margin-related pressure. For the year ended June 30, 2016, the company reported a net loss of $0.11 per share, versus a profit of $0.10 per fully diluted share for its previous fiscal year. Revenue was $782.5 million, up by 55.7% year-over-year. Radiant Logistics’ shares have sank by 11% today. Six funds in our system owned shares of Radiant Logistics Inc (NYSEMKT:RLGT) as of the most recent 13F reporting period.

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