Stocks in the news: Hain Celestial, Transocean, Blue Coat Systems

Updated

Some of the companies making major headlines today:

Hain Celestial Inc. (HAIN) reported disappointing fourth quarter earnings and gave lackluster earnings guidance. The largest maker of organic foods was hurt by lower exchange rates and foreign exchange rates. Shares fell 9 percent after the company said 2010 earnings would be below Wall Street expectations.

Transocean Ltd. (RIG) yesterday said it was awarded a $241 million, 455-day contract for the ultra-deepwater semisubmersible rig Sedco Express with a subsidiary of Noble Energy Inc. (NBL). Shares fell in trading yesterday.

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