Toledo Blade
... up from $349 million a year before, but sharply below the $529 million expected by analysts. That resulted in its stock dropping in after-hours trading.
Thursday, October 29, 2009
First Solar's revenueis below expectations - Toledo Blade
Toledo Blade
... up from $349 million a year before, but sharply below the $529 million expected by analysts. That resulted in its stock dropping in after-hours trading.
AFTER THE BELL-Novatel Wireless falls - Interactive Investor
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...
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STOCKS NEWS US-AFTER THE BELL-mcafee shares fall - Forbes
Forbes
compared with a year earlier, when the entire Standard & Poor's 500 index ended in a per-share loss. the third quarter as brightening the outlook for ...
and more »
UPDATE 3-U.S. insurer MetLife posts third-quarter loss - Reuters
Reuters
... had shot up earlier in the day as a spate of better-than-expected insurance earnings stoked investor optimism, fell modestly in after-hours trading. ...
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Universal Health Services Q3 Earnings Rise, Top Estimate; Boosts FY09 Earnings ... - Trading Markets (press release)
Trading Markets (press release)
... over the past year, closed Thursday's regular trading session at $60.72, up $2.97 or 5.14% and gained an additional $1.07 or 1.76% in after hours trading.
MetLife Reports $620 Million Net Loss - Wall Street Journal
Wall Street Journal
Genworth shares jumped 11% to $11.30 in NYSE after-hours trading for the insurance and financial-services company after rising 17% during the day. ...
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STOCKS NEWS US-AFTER THE BELL-McAfee shares fall - Forbes
Forbes
compared with a year earlier, when the entire Standard & Poor's 500 index ended in a per-share loss. the third quarter as brightening the outlook for ...
and more »
AFTER THE BELL-Novatel Wireless falls - Interactive Investor
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...
and more »
Top Winners & Losers After-Hours (CNXT, GNW, LVS, NVTL, TSRA)
Included is the after-hours moves and pertinent data with a snapshot as of 5:14 PM EST. Estimates are Thomson Reuters data where noted:
Conexant Systems, Inc. (NASDAQ: CNXT) closed at $2.44 and shares are trading at $2.88 up 18.03% on 67,400 shares since the closing bell. This one posted 0.11 EPS vs. $0.09 estimates; imaging and audio businesses grew 18% on a sequential basis and accounted for 58% of total revenues and is raising guidance.
Genworth Financial Inc. (NYSE: GNW) closed at $10.18 and shares are trading at $11.68 up 14.73% on 2,297,577 shares since the closing bell. This already had a monster up-day of 17% before the close, so anyone who bought yesterday cleaned house. The company posted $0.24 EPS vs a -$0.02 estimate. Revenues rose 10% to $2.39 billion, but under the $2.52B estimate. Book value per share grew 10% sequentially to $25.42 per share over the improvement in the markets.
Las Vegas Sands Corp. (NYSE: LVS) closed at $14.76 and is now trading up at $15.99 up 8.33% on 4,810,097 shares since the closing bell. That is on top of a 12% gain today and because the company beat earnings on cost cuts and announced that it has record pre-booked rooms and has more group rooms already booked for 2010 than it expects for all of 2009.
Novatel Wireless, Inc. (NASDAQ: NVTL) closed at $12.19 and shares are trading at $10.13 down by 16.90% on 661,773 shares since the closing bell. The company did beat earnings, but issues are there on guidance. Earnings were $0.20 EPS vs $0.10 EPS estimates; Revenues were up 12.1% to $94.3 million vs. $92.6 million expected. For Q4 the company sees $0.04 to $0.12 EPS and revenues of $85 to $95 million versus estimates of $0.10 EPS and $95.69 mln consensus.
Tessera Technologies, Inc. (NASDAQ: TSRA) closed at $26.86 and shares are trading at $22.55 down by 16.05% on 62,124 shares since the closing bell. Earnings were $0.24 EPS and revenues were up 4% at $66.1 million vs. $0.21 and $65.7 million estimates. But its Q4 revenue guidance is weak at a range of $60 to $62 million vs $69.9 million expected.
JON C. OGG
Wright Medical 3Q Net Flat, But Sales Improve - Wall Street Journal
Wall Street Journal
Shares of Wright rose in after-hours trading Thursday and were recently up 2.5% to $15.79. Shares has dropped by 2.5% during regular trading hours. ...
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Priceline.com To Replace Schering-Plough In S&P 500 Index - Wall Street Journal
Wall Street Journal
Priceline shares were up 4.5% to $170 in after-hours trading. The stock has pulled back from its 52-week high hit Monday but remains up nearly quadruple ...
HGSI Stock & Options Alert (HGSI)
Human Genome Sciences, Inc. (NASDAQ: HGSI) has been soaring today. At 2:45 PM EST we saw this one already cross a full day’s trading volume at 120% normal stock trading volume and that options were picking up throughout the day. This follows the JPMorgan upgrade to Overweight from Neutral ahead of new additional clinical data next week. Our friend over at OptionsHawk.com just sent us more details on the options trading:
Human Genome (HGSI) is trading 84,000 calls and 21,000 puts on the day after an upgrade at JP Morgan before the key November 2nd Benlysta seocnd of two Phase 3 trial data for the treatment of Lupus, which would make it the leading contender in the market for a highly lucrative potential market. Smart money has been bullish the name in recent weeks with 10,000 contract November $25/$30 call spreads and various other strategies as the common consensus is a 70% chance of the drug having a positive outcome. Despite implied volatility being at 193%, many are still betting on volatility expecting a sharper than priced in reaction. Today’s action represents 4X the average call volume, although only 1/4th of the action is offer side buying, but ISE Sentiment indicates 3 calls are being opened for every 1 put. One of the larger trades today is slightly bullish but bearish on volatility as the trader used a butterfly call spread, buying 3,500 of the November $20 and $3 0 calls, and selling 7,000 of the $25 calls, expecting shares to trade around the $25 level and for Implied Volatility to be crushed. -OPTIONSHAWK.COM
-JON C. OGG
Asbury Automotive posts 35 percent jump in 3rd-qtr profit on cost cuts - Gaea Times
Gaea Times
The results sent the Beijing-based company's American Depositary shares higher in after-hours trading. Please enable javascript and reload the page to ...
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XL records $11.4m loss - Royal Gazette
Royal Gazette
Royal Gazette
The markets welcomed the news as XL shares rose 4.7 percent in after-hours trading, after having dipped 2.4 percent to $16.23 in regular trading. ...
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Transcept Biggest Loser, Near Cash Value (TSPT)
Transcept Pharmaceuticals, Inc. (NASDAQ: TSPT) is getting destroyed and is today’s largest percentage loser by far. The FDA did not approve the comjpany’s experimental sleep disorder drug called Intermezzo. The reason was over safety issues, but the FDA has requested additional data that might require more studies. At 9:00 AM EST we have shares trading down all the way at $6.16, down 46% from the $11.47 closing price. We also have seen some 181,843 shares trade hands, double the 88,000 average. The market cap was $150 million before the cut, so you can cut that almost in half today. The company had $73.6 million in cash and short-term investments on hand at the end of the June 30 quarter. -JON OGG
India's Uniform Sugar Cane Price May Ease Shortages - Bloomberg
Bloomberg
Raw-sugar futures for March delivery rose as much as 1.8 percent to 22.33 cents a pound in after-hours trading on ICE Futures US in New York. ...
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Wall Street Set For Higher Opening Ahead Of GDP Data - Trading Markets (press release)
Trading Markets (press release)
CB Richard Ellis shares lost nearly 4% following the news in after-hours trading. Oil Light sweet crude oil price for December delivery is presently quoted ...
and more »
American Superconductor Superhero (AMSC)
American Superconductor Corporation (NASDAQ: AMSC) is not that active yet in the early hours. Yet. The company posted increased revenues of 85% to $74.7 million and non-GAAP EPS to $0.19; it generated $35.8 million in cash from operations and it increased its order backlog to $587 million. The company also raised guidance. Shares closed at $28.84 yesterday, but shares are up 15% as a top pre-market winner at $33.19 on about 22,000 shares as of 8:57 AM EST. Average volume is about 1.03 million shares, but you can expect that to be hit early with this sort of jump. The 52-week trading range is $8.22 to $39.90, so it is obviously a volatile trading stock. JON OGG
First Solar 3Q Net Jumps 54%; Revenue Miss Weighs On Shares - Wall Street Journal
Wall Street Journal
Shares slumped 15% to $129.30 in after-hours trading as revenue badly missed expectations. The stock has rebounded from its 52-week low of $85.28 in ...
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Australia's Stock Index Falls Most Since June; ANZ Bank Slumps - Bloomberg
Bloomberg
... rival Santos Ltd. sank 2.7 percent to A$14.90. Crude oil in New York dropped 0.3 percent in after-hours trading, adding to yesterday's 2.6 percent slump.
and more »
First Solar Adds to Solar Investors' Concerns - Earth2Tech (blog)
Earth2Tech (blog)
In after hours trading, First Solar's stock was down 16 percent at $128, its lowest level since early September. Despite a $1.79 a share net profit, ...
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