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Market Update After Hours January 2

Wednesday, January 2, 2013 7:41 PM
Market Summary
Dow Jones




S&P 500








Gainers Turquoise Hill Resources Ltd (USA) (NYSE:TRQ) 8.73 +1.12 (14.72%). The company announced that Oyu Tolgoi celebrated the commissioning of the mine’s concentrator with an event attended by Minister of Mining D. Gankhuyag and other members of the Mongolian Parliament. Minister Gankhuyag commemorated the occasion by activating the concentrator’s ore-processing circuit for the first time. Giant Interactive Group Inc (ADR) (NYSE:GA) 5.98 +0.57 (10.54%) Molycorp Inc (NYSE:MCP) 10.39 +0.95 (10.06%)  A report from Bloomberg which says Molycorp Inc (MCP) could be bought out has sparked a significant increase in the company’s stock. Banco Bradesco S.A. (NYSE:BBDO) 17.05 +1.53 (9.86%) BBDO has announced an ex-dividend date of January 03, 2013 and a cash dividend payment of $0.0091 per share scheduled for February 11, 2013. Shareholders who purchased BBDO stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -96.32% decrease from the prior month. PolyOne Corporation (NYSE:POL) 22.20 +1.78 (8.72%) Jefferies & Company assumed coverage on PolyOne Corporation (POL) with a Buy rating and $24.00 price target. Losers Mindray Medical International Ltd (ADR) (NYSE:MR) 30.17 -2.53 (-7.74%). On 31st Dec at a meeting, Mindray shareholders approved the re-election of incumbent directors Xu Hang, Ronald Ede and Chen Qingtai, each to serve a three-year term. In addition, Mindray shareholders ratified the appointment of  PricewaterhouseCoopers as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2012. NII Holdings, Inc. (NASDAQ:NIHD) 6.71 -0.42 (-5.89%) The company has recently announced that its Board of Directors has appointed Steven M. Shindler, currently Chairman of the Board, to the additional position of interim Chief Executive Officer(CEO), effective immediately. Shindler replaces Steven P. Dussek, who has stepped down as CEO and a member of the Board to pursue other opportunities. Deckers Outdoor Corp (NASDAQ:DECK) 38.44 -1.83 (-4.54%) Deckers Outdoor (DECK)‘s stock had its “buy” rating reiterated by investment analysts at Sterne Agee in a note issued to investors on Wednesday. They currently have a $65.00 target price on the stock.

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
BAC Bank of America Corporation



AIG American International Group, Inc.



F Ford Motor Company



CX Cemex S.A.B. de C.V.



GE General Electric Company



WFC Wells Fargo & Company



GCH Greater China Fund, Inc.



KO Coca-Cola Company (The)



XOM Exxon Mobil Corporation



ES EnergySolutions Inc



NASDAQ Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
QQQ PowerShares QQQ Trust, Series 1



MLNX Mellanox Technologies, Ltd.



VCSH Vanguard Short-Term Corporate Bond ETF



VCIT Vanguard Intermediate-Term Corporate Bond ETF



QCOM QUALCOMM Incorporated



MSFT Microsoft Corporation



INTC Intel Corporation



CSCO Cisco Systems, Inc.



ATML Atmel Corporation



ORCL Oracle Corporation




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