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danielwilkinson

Stock Analysis 01st-2nd (June)

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Actuant (ATU +2.70%) lowered guidance on Q2 preliminary revenue to $263 million, below a December forecast of $270 million-$280 million, and said it will record a net impairment charge of $170 million ($2.86 a share) due to "further weakening of near-term capital spending in the global oil and gas market."

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Box Inc. (BOX +3.73%) jumped over 10% in after-hours trading after it said it sees Q1 revenue of $88 million-$89 million, above consensus of $86.4 million, and then said it sees a fiscal 2017 adjusted loss of -83 cents to -85 cents, narrower than consensus of a loss of -90 cents.

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