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... was made after the close of trading for MEMC's stock at USD 15.43, but shares were down about 4% at USD 14.80 per share in after hours trading. ...
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Amazon.com Inc. (NASDAQ: AMZN) is a screamer after the close after the online retail giant posted $0.45 EPS on a 27% revenue gain of $5.45 billion, Thomson Reuters was at $0.33 EPS and $5.03B in revenues. The guidance was $8.12 to $9.12 billion vs. $8.12 billion estimates. FULL NEWS at 24/7 Wall Street. AMZN: $107.56, up 15.10% on 6,192,434 shares since the close.
Broadcom Corp. (NASDAQ: BRCM) is in trouble in the after-hours trading session. The communication chip maker posted earnings of $0.40 in non-GAAP EPS (was $0.16 in GAAP EPS) and a 20% revenue jump sequentially and 3.4% lower than a year ago to $1.254 billion. Thomson Reuters estimates were $0.33 non-GAAP EPS and $1.16 billion in revenues. It is guiding revenues flat sequentially. BRCM: $28.00, down 8.88% on 1,416,728 million shares since the close.
Capital One Financial (NYSE: COF) posted net income of $425.6 million, or $0.94 EPS and income from operations of $1.03 EPS compared to estimates of $0.14 EPS. “We are successfully weathering the storm, but the storm is not over…” FULL NEWS at 24/7 Wall Street. COF: $41.00, up 6.9% on 1,144,909 shares since the close.
SunPower Corporation (NASDAQ: SPWRA) is getting clobbered. The solar company beat estimates: $0.42 EPS as revenues rose 56% to $466 million vs. Thomson Reuters estimates of $0.40 EPS and $420.1M revenue; Gross margin was down 1.9 percentage points at 20.7%. The problem is mixed guidance: $1.15 to $1.25 EPS for 2009 vs. $1.21 consensus on revenues of $1.425 to $1.50 billion (prior was $1.35 to 1.70 billion and estimate is $1.43 billion. SPWRA: $29.80, down 10.5% on 622,724 shares since the close.
Synaptics Inc. (NASDAQ: SYNA) is getting a relief rally after beating estimates. Earnings were $0.48 EPS and a 3% revenue gain to $119.6M vs. Thomson Reuters estimates of $0.42 EPS and $116.4 million in revenue. Gross margin of 40.4% was soft with some expecting 40.5% or 40.6%. The company talked up its opportunities and production. SYNA: $26.50, up 12.00% on 273,606 shares since the close.
ALL PRICE/VOLUME SNAPSHOTS AS OF 5:27Â PM EST
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JON C. OGG
OCTOBER 22, 2009
Cephalon Inc. (NASDAQ: CEPH) is active in the first hour of trading. There was a buyer of 15,000 December $60 calls at the mark with shares at $54.63 and headed higher, potentially benefiting from the bullish earnings report at Celgene (CELG). Cephalon is scheduled to report earnings on October 27th and shares are very cheap at 8.5X earnings and 2.8X cash value. The 11.7% short float is also attractive. Shares are bouncing off a potential double bottom at $52.50, a major support level on the charts.
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