Advancers
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Australian bankers are the region's happiest
Australian bankers are the happiest with their pay compared with their counterparts in Hong Kong, Singapore and China, according to a survey by eFinancialCareers. But as WSJ's Sydney Bureau Chief Andy Critchlow tells Deborah Kan, the elated sentiment may not last for long.
BT Group PLC’s BT +0.90% U.S.-listed shares rose 5.1% after the British telecommunications operator said it reached an agreement that will cut its pension shortfall by almost 50%.
Glu Mobile Inc.’s GLUU -2.44% shares climbed 9.3% after Needham initiated coverage of the wireless-game maker with a strong buy rating.
NCIT Inc.’s NCIT -2.33% shares jumped 19% after the provider of technology, engineering and other services said the Air Force awarded it a seven-year contract with as much as $1.9 billion.
Decliners
KBH Home KBH -0.62% shares declined 15% after the home builder reported new orders fell in the first quarter.
Layne Christensen Co.’s LAYN -1.41% shares slid 14% a day after the provider of construction and other services said an internal probe uncovered potential evidence of improper payments to third parties in Africa, possibly violating U.S. anti-corruption laws.
BT is green ya, how cool it is |