Market Update After Hours December 12

Market Closing

Gainers

Greif, Inc. (NYSE:GEF) 43.83 +3.20 (7.88%). Fourth quarter net sales of $1,075.6 million, operating profit of $64.5 million and net income attributable to Greif, Inc. of $26.5 million, or $0.45 per diluted Class A share. EBITDA1 was $96.6 million. Operating profit before special items was $78.2 million and net income attributable to Greif, Inc. before special items was $37.1 million, or $0.63 per diluted Class A share

Panasonic Corporation (ADR) (NYSE:PC) 5.43 +0.37 (7.31%). Japanese stock futures are rising  as the yen falls to the weakest level in eight months versus the dollar, boosting the outlook for the nation’s exporters.

Zynga Inc (NASDAQ:ZNGA) 2.62  +0.17 (7.14%). The company is implementing the cost cutting strategy it mentioned in its third quarter earnings report. The company will ax some moderator position and cease to hire any new contracts. Zynga’s Mark Pincus said that it might prove a tough time for those being laid off, but Zynga, in order to turn the company around and retain its full time employees, is bound to make some tough choices.

Informatica Corporation (NASDAQ:INFA) 27.52 +1.83 (7.12%). F5 Networks CEO John McAdam has joined the board of Tableau Software. Earlier this year, Tableau named Brooke Seawell, who serves on the boards of Informatica Corporation and NVIDIA, and Ren Jurgensen, a former director at Isilon Systems and Varolii, to the board. That sales growth, coupled with the recent board appointments, has made Tableau a strong candidate for an IPO.

AuRico Gold Inc (USA) (NYSE:AUQ) 8.32  +0.52 (6.67%). Gold stocks moving up from price increases.

Losers

Charles River Laboratories (NYSE:CRL) 35.65 -3.65 (-9.29%)

Cobalt International Energy, Inc. (NYSE:CIE) 25.45 -2.00 (-7.29%). Cobalt International Energy, Inc. announced that, in connection with its previously announced registered underwritten public offering of $1,200,000,000 aggregate principal amount of 2.625% convertible senior notes due 2019 (the “Notes”), the underwriters of the offering have exercised in full their over-allotment option to purchase an additional $180,000,000 aggregate principal amount of Notes, bringing total gross proceeds from this offering of Notes to $1,380,000,000.

Incyte Corporation  (NASDAQ:INCY) 16.75 -1.09 (-6.11%). Bank of America Gives Buy Rating to Incyte (INCY)

Access Midstream Partners LP (NYSE:ACMP) 32.15 -1.88 (-5.52%). Access Midstream Partners, L.P. Announces $1.4 Billion Offering of Senior Notes Due 2023

Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) 39.47 -2.20 (-5.28%). Stock was downgraded by analysts at Leerink Swann from an outperform rating to a market perform rating.

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Post Written By: Ed Liston 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.