Market Update After Hours February 6

Market Summary

Dow Jones 13,986.52 7.22 -0.05%
S&P 500 1,512.12 0.83 -0.05%
Nasdaq 3,168.48 -3.1 (-0.10%)


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
T AT&T Inc. $35.40 13,680,162
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
NOK Nokia Corporation $4.14 5,602,790
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
NWSA News Corporation $27 1,364,475
WCRX Warner Chilcott plc $14.53 1,079,704
MSFT Microsoft Corporation $27.33 977,991




Ed Liston is a senior contributing editor at 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.