Market Update After Hours February 6
Shutterfly, Inc. (NASDAQ:SFLY) 40.40 +6.81 (20.27%)
Reported a fourth quarter profit of $53 million, or $1.40 a share, up from $35.4 million, or 97 cents a share, a year earlier. Revenue was up 33% to $351.8 million. In November, the company projected earnings between 94 cents to $1.02 a share and revenue between $300 million to $310 million. Gross margin widened to 60.5% from 58.9%.
MBIA Inc. (NYSE:MBI) 10.41 +1.58 (17.89%)
Morgan Stanley announced a comprehensive settlement with MBIA Inc. that better positions the Firm for Basel III by resolving outstanding legacy exposures and releases capital to reinvest in our client-focused businesses.
Take-Two Interactive Software, Inc. (NASDAQ:TTWO) 14.44 +1.78 (14.06%)
Take-Two Interactive Software, Inc. (TTWO) reported financial results for its third quarter fiscal 2013. For its third quarter fiscal 2013, GAAP net revenue was $415.8 million, as compared to $236.3 million for its third quarter fiscal 2012. Non-GAAP net revenue was $405.0 million, as compared to $236.3 million for the year-ago period.
Vipshop Holdings Ltd ADR (NYSE:VIPS) 20.56 +2.25 (12.29%)
Vipshop Holdings Ltd announced that for the fourth quarter of 2012, it expects net revenues to be between $235 million and $240 million. For fiscal 2012, it expects net revenues to be between $627 million and $632 million.
Assured Guaranty Ltd. (NYSE:AGO) 19.56 +1.81 (10.20%)
Assured Guaranty wins $90 million legal ruling in battle with Flagstar
Elan Corporation, plc (ADR) (NYSE:ELN) 9.40 -1.06 (-10.13%)
Biogen Idec Inc. (BIIB) is buying the full rights to multiple sclerosis drug Tysabri from Elan Corporation, plc (ADR) (NYSE:ELN) for $3.25 billion.
C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) 60.50 -6.51 (-9.71%)
The Eden Prairie, MN based company reported fourth quarter profit of $356.39 million, or $1.58 per share, up 69% from $109.21 million, or 67 cents per share last year. Adjusted earnings were $108.57 million, or 68 cents per share, missing analysts’ estimate of 70 cents per share.
Colfax Corp. (NYSE:CFX) 41.26 -3.29 (-7.38%)
Colfax Corporation (CFX) announced its financial results for the fourth quarter and full year ended December 31, 2012. After $15.6 million of pre-tax year-one acquisition-related amortization expense, net income of $14.7 million (13 cents per share); adjusted net income (as defined below) of $50.5 million (42 cents per share), which includes a non-cash 9 cents per share gain related to a discrete deferred tax benefit recorded in the fourth quarter.
Net sales of $1.03 billion, organic sales decrease (as defined below) of 2.5% from fourth quarter 2011 proforma net sales (includes the comparable period sales for the operations acquired in the Charter acquisition)
Apollo Investment Corp. (NASDAQ:AINV) 8.39 -0.62 (-6.88%)
AINV announced financial results for its third fiscal quarter ended December 31, 2012. The Company’s net investment income was $0.21 per share for the quarter ended December 31, 2012 compared to $0.22 for the quarter ended September 30, 2012. The Company’s net asset value (“NAV”) was $8.14 per share as of December 31, 2012 down from $8.46 at September 30, 2012. The decline in NAV was driven primarily by losses on two investments partially offset by appreciation on the remainder of the portfolio.
GameStop Corp. (NYSE:GME) 25.20 -1.61 (-6.01%)
GME performed very low after there was a report that the upcoming version of Microsoft Xbox game consoles will not allow players to install used games.
After Hours Most Active
NYSE Ten Most Active Share Volume
|Symbol||Company||Last Sale||Share Volume|
|BAC||Bank of America Corporation||$11.92||17,917,733|
|BMY||Bristol-Myers Squibb Company||$36.39||6,923,402|
|FCX||Freeport-McMoran Copper & Gold, Inc.||$36.09||5,834,056|
|KMI||Kinder Morgan, Inc.||$37.30||5,654,353|
|VZ||Verizon Communications Inc.||$44.70||5,275,375|
|JPM||J P Morgan Chase & Co||$48.55||4,986,857|
|CAG||ConAgra Foods, Inc.||$33.05||3,929,933|
|PNC||PNC Financial Services Group, Inc. (The)||$63.34||3,819,343|
NASDAQ Ten Most Active Share Volume
|Symbol||Company||Last Sale||Share Volume|
|HCBK||Hudson City Bancorp, Inc.||$8.69||5,380,804|
|QQQ||PowerShares QQQ Trust, Series 1||$67.17||4,649,487|
|GMCR||Green Mountain Coffee Roasters, Inc.||$45.50||3,727,699|
|VMED||Virgin Media Inc.||$44.75||2,490,811|
|PBCT||People’s United Financial, Inc.||$12.56||2,329,388|
|CENX||Century Aluminum Company||$8.94||2,311,202|
|AKAM||Akamai Technologies, Inc.||$35.05||1,924,096|
|WCRX||Warner Chilcott plc||$14.53||1,079,704|