Market Update After Hours February 5

Market Summary

Dow Jones 13,979.30 99.22 -0.71%
S&P 500 1,511.29 15.58 -1.04%
Nasdaq 3,171.58 40.41 -1.29%

Gainers

Virgin Media Inc. (NASDAQ:VMED) 45.61 +6.92 (17.89%)

Virgin Media Inc. (VMED) on Tuesday confirmed that it is in discussions with Liberty Global, Inc. (LBTYB), an international cable company, concerning a possible transaction.

Power Integrations, Inc. (NASDAQ:POWI) 43.69 +5.51 (14.43%)

Power Integrations Inc. (POWI) reported fourth quarter non-GAAP net income of $0.47 per share after the close Monday, compared to $0.29 per share last year. The consensus estimate was for EPS of $0.42. The company said its board of directors has increased its quarterly dividend by 60 percent for the upcoming year, to eight cents per share.

Computer Sciences Corporation (NYSE:CSC) 45.75 +3.84 (9.16%)

Computer Sciences Corp. raised its forecast for fiscal 2013 earnings as cost cutting improves profit margins. CSC fiscal third-quarter revenue rose 2.8 percent to $3.78 billion. It reported net income of $510 million, or 77 cents per share, compared to a net loss of $1.39 billion, or $9.15 per share.

PDC Energy Inc. (NASDAQ:PDCE) 41.17 +3.27 (8.63%)

PDCE reported 2012 key operating results including year-end reserves and production. Total proved reserves as of December 31, 2012 increased 14% to nearly 1.16 trillion cubic feet equivalent (“Tcfe”), from 1.02 Tcfe reported as of December 31, 2011.

AECOM Technology Corp. (NYSE:ACM) 27.26 +1.95 (7.70%)

AECOM Technology Co. (ACM) issued an update on its FY13 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.40-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.45.

Losers

Arch Coal Inc. (NYSE:ACI) 6.04 -0.89 (-12.84%)

ACI delivered a steep fourth-quarter loss that reflects a continued decline in coal demand and prices. The $295.4 million loss equaled $1.39 a share, compared with net income of $70.9 million, or 33 cents a share, a year earlier

The McGraw-Hill Companies, Inc. (NYSE:MHP) 44.92 -5.38 (-10.70%)

U.S. Department of Justice has announced that it is filing a civil suit against the company’s Standard & Poor’s unit. The Justice Department alleges that S&P knew the housing market was collapsing but was intentionally slow to downgrade hundreds of securities because of concerns that such a move would cut off the pipeline of deals and anger issuer clients.

Baidu.com, Inc. (ADR) (NASDAQ:BIDU) 96.37 -10.83 (-10.10%)

Baidu posted net income of $448.7 million, or $1.28 per American Depository Share, in the three months ended Dec. 30. Excluding certain items, Baidu said it had earnings of $1.31 per ADS. For the first quarter, Baidu said it expects revenue of between $945.4 million to $975.9 million. Analysts were looking for revenue of $964 million on average in the first quarter.

Moody’s Corporation (NYSE:MCO) 45.09 -4.36 (-8.82%)

Moody’s Corporation (MCO) will release fourth quarter and full-year 2012 results before the start of NYSE trading on Friday, February 8, 2013.

NII Holdings, Inc. (NASDAQ:NIHD) 5.83 -0.55 (-8.62%)

NIHD announced its preliminary consolidated financial results for the fourth quarter and full year 2012. For the fourth quarter, the Company expects to report consolidated operating revenues of approximately $1.5 billion, net subscriber additions of approximately 2,200, and total capital expenditures of approximately $525 million.

 After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
HPQ Hewlett-Packard Company

$17.05

3,932,194

BAC Bank of America Corporation

$11.91

3,224,234

DIS Walt Disney Company (The)

$55.82

1,465,766

MFA America First Mortgage Investments, Inc.

$9.02

1,089,517

AMX America Movil, S.A.B. de C.V.

$25.53

951,392

TWX Time Warner Inc.

$49.99

841,496

NYX NYSE Euronext, Inc.

$35.22

781,787

ABT Abbott Laboratories

$33.74

722,107

APL Atlas Pipeline Partners, L.P.

$33.08

618,259

ATLS Atlas Energy, L.P.

$38.07

607,062

NASDAQ Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
ZNGA Zynga Inc.

$2.94

8,734,594

QQQ PowerShares QQQ Trust, Series 1

$67.49

4,200,760

DELL Dell Inc.

$13.38

1,721,444

SIRI Sirius XM Radio Inc.

$3.19

1,357,042

EXPE Expedia, Inc.

$70.70

747,222

MSFT Microsoft Corporation

$27.49

652,876

NWSA News Corporation

$28.42

650,693

BBRY Research In Motion Limited

$15.91

483,550

MU Micron Technology, Inc.

$7.80

428,925

WCRX Warner Chilcott plc

$14.43

368,800

 

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.