Market Update After Hours December 31

Market Summary

Dow Jones

13,104.14

166.03

-1.28%

S&P 500

1,426.19

23.76

-1.69%

Nasdaq

3,019.51

59.2

-2.00%

Gainers

Alon USA Energy, Inc. (NYSE:ALJ) 18.09  +2.95 (19.48%) Alon USA Energy Inc. ( ALJ ) is up after analysts at Goldman Sachs initiated coverage of the stock with a Buy rating and a $21 price target.

Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) 2.21 +0.30 (15.71%)

Herbalife Ltd. (NYSE:HLF) 32.94 +3.55 (12.08%)  Herbalife is rising since December 26th, after rebounding from the lows of the year.

Qihoo 360 Technology Co Ltd (NYSE:QIHU) 29.69  +2.36 (8.64%) Speculation that China’s QIHU will work with Google Inc (NASDAQ:GOOG) to learn how to monetize search functions on its so.com doing rounds.

Cliffs Natural Resources Inc (NYSE:CLF) 38.57 +2.99 (8.40%) Cliffs Natural Resources Now #422 Largest Company, Surpassing Cintas

Losers

Magellan Health Services Inc (NASDAQ:MGLN) 49.00 -2.75 (-5.31%) Magellan Health Services Inc. said one of its commercial-health-plan customers decided not to renew its contract with Magellan after 2013. The customer, which wasn’t named, made up roughly 6% of Magellan’s revenue through the end of September.

Banco Bradesco S.A. (NYSE:BBDO) 15.52 -0.73 (-4.49%) Banco Bradesco Sa ( BBD ) has announced an ex-dividend date of January 03, 2013 and a cash dividend payment of $0.01 per share scheduled for February 11, 2013. On Dec 221st Banco Bradesco SA’s (BBD) board has approved the renewal of a buyback program equivalent to 535.8 million Brazilian reais ($258 million).

Watson Pharmaceuticals, Inc. (NYSE:WPI) 86.00 -3.04 (-3.41%) Watson Pharmaceuticals, Inc. (WPI) confirmed that Actavis, Inc., which was acquired by Watson in October, has filed an Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) seeking approval to market bortezomib.

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
BAC Bank of America Corporation

$11.63

4,967,830

FII Federated Investors, Inc.

$20.23

4,734,362

JPM J P Morgan Chase & Co

$44.05

1,478,975

ABBV$ AbbVie Inc.

$34.30

1,462,106

CNH CNH Global N.V.

$40.16

1,074,647

ABT$ Abbott Laboratories

$31.38

1,067,990

RAI Reynolds American Inc

$41.43

764,003

S Sprint Nextel Corporation

$5.65

729,965

AA Alcoa Inc.

$8.65

728,774

GE General Electric Company

$20.99

693,222

NASDAQ Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
SIRI Sirius XM Radio Inc.

$2.87

3,985,953

QQQ PowerShares QQQ Trust, Series 1

$65.15

2,353,463

QCOM QUALCOMM Incorporated

$62.01

1,909,390

PKT Procera Networks, Inc.

$18.55

825,592

MIPS MIPS Technologies, Inc.

$7.82

785,155

HCBK Hudson City Bancorp, Inc.

$8.13

747,943

MSFT Microsoft Corporation

$26.77

685,785

INTC Intel Corporation

$20.60

608,833

AMAT Applied Materials, Inc.

$11.44

606,702

LINTA Liberty Interactive Corporation

$19

594,247

edliston

edliston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.

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