Market Update After Hours January 29

Market Summary

Dow Jones

13,954.42

72.49

-0.52%

S&P 500

1,507.84

7.66

-0.51%

Nasdaq

3,153.66

-0.64

(-0.02%)

Gainers

Flushing Financial Corporation (NASDAQ:FFIC) 15.50 +0.15 (0.98%) announced its financial results for the three and twelve months ended December 31, 2012.

John R. Buran, President and Chief Executive Officer, stated: “We are pleased to report that the fourth quarter of 2012 continued to show improvement in credit quality. We continue to see reductions in delinquent loans, non-performing loans, and classified loans, in spite of an increase in early stage delinquencies caused by damage done to borrowers by Hurricane Sandy. “

NewBridge Bancorp (NASDAQ:NBBC) 5.32 +0.03 (0.57%).  NewBridge Bancorp ended the fourth quarter with a nearly six-fold increase in its profitability to $4 million, the Greensboro bank reported Tuesday. For the full year, NewBridge had a loss of $28.2 million compared with net income of $1.76 million.

First Busey Corporation (NASDAQ:BUSE) 4.58 +0.02 (0.44%) net income for the fourth quarter of 2012 was $4.9 million and net income available to common shareholders was $4.0 million, or $0.05 per fully-diluted common share. The Company reported net income of $5.7 million and net income available to common shareholders of $4.5 million, or $0.05 per fully-diluted common share, for the fourth quarter of 2011.

Boston Properties, Inc. (NYSE:BXP) 108.85 +0.02 (0.02%) fourth-quarter profit fell 36% as the office landlord’s expenses rose, masking higher rental revenue. Boston Properties posted a profit of $65.4 million, or 43 cents a share, down from $101.6 million, or 69 cents a share, a year earlier.

German American Bancorp., Inc.(NASDAQ:GABC) 22.41 +0.32 (1.45%) reported record earnings for the year ended on December 31, 2012. This continued level of strong financial performance in 2012 follows upon a period of exceptional performance during the past five years, as the period of 2008-2012 represents the best five years in the Company’s history in terms of reported annual earnings.

The Company also announced an increase in the level of its regular quarterly cash dividend. German American’s Board of Directors declared a regular quarterly cash dividend of $0.15 per share which will be payable on February 20, 2013 to shareholders of record as of February 10, 2013.

Losers

Buckeye Technologies Inc. (NYSE:BKI) 30.79 -0.09 (-0.29%) announced that for third quarter of 2013, it expects adjusted earnings per share (EPS) will be about the same as second quarter earnings excluding the insurance benefit, before improving in the fourth quarter. This is due to the demand weakness the Company have been experiencing in several of the markets to continue into the third quarter before starting to improve.

PolyOne Corporation (NYSE:POL) 22.82 -0.19 (-0.83%) reported $679.4 million of revenues for the fourth quarter of 2012, a 6% increase compared to $640.4 million in the fourth quarter of 2011.

Silgan Holdings Inc. (NASDAQ:SLGN) 42.00 -0.16 (-0.38%) reported full year 2012 net income of $151.3 million, or $2.17 per diluted share, as compared to full year 2011 net income of $193.2 million, or $2.75 per diluted share.

IXYS Corporation (NASDAQ:IXYS) 9.64 -0.05 (-0.52%) announced that for the fourth quarter of 2012, it expects revenues to be relatively flat or slightly higher as compared to the revenues for the third quarter of 2012. The Company reported revenue of $63.8 million in the third quarter of 2012.

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

EXR

Extra Space Storage Inc

$39.69

5,697,733

PFE

Pfizer, Inc.

$27.78

4,262,142

CHK

Chesapeake Energy Corporation

$20.69

3,659,467

BAC

Bank of America Corporation

$11.52

2,641,536

GE

General Electric Company

$22.51

2,497,872

JNJ

Johnson & Johnson

$74.48

1,920,293

F

Ford Motor Company

$13.12

1,518,687

VZ

Verizon Communications Inc.

$43.50

1,512,114

EMC

EMC Corporation

$24.10

1,088,892

SCHW

The Charles Schwab Corporation

$16.49

888,176

NASDAQ Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

INTC

Intel Corporation

$21.28

7,361,979

AMZN

Amazon.com, Inc.

$283.50

4,377,175

QQQ

PowerShares QQQ Trust, Series 1

$67.34

4,270,461

MSFT

Microsoft Corporation

$28.02

3,345,717

FB

Facebook, Inc.

$31.03

2,795,105

DORM

Dorman Products, Inc.

$35.93

1,148,584

CTRP

Ctrip.com International, Ltd.

$20.04

1,057,544

SIRI

Sirius XM Radio Inc.

$3.14

798,843

MU

Micron Technology, Inc.

$7.57

702,623

BRCM

Broadcom Corporation

$33.34

665,840

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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