Market Update After Hours February 1


Market Summary

Dow Jones

14,009.79

149.21

-1.08%

S&P 500

1,513.17

15.06

-1.01%

Nasdaq

3,179.10

36.97

-1.18%

Gainers

PMC-Sierra, Inc. (NASDAQ:PMCS) 6.53 +0.75 (12.98%)

PMCS reported results for the fourth quarter and full year ended December 29, 2012. Net revenues in the fourth quarter of 2012 were $129.4 million, a sequential decrease of 2 percent compared to $131.7 million in the third quarter of 2012, and a decrease of 15 percent compared to $152.6 million in the fourth quarter of 2011. For the full year ended December 29, 2012, net revenues were $531 million compared to $654.3 million for the year ended December 31, 2011, a decrease of 19 percent year over year.

Liberty Interactive (Ventures group)(NASDAQ:LVNTB) 75.31 +7.14 (10.47%)

LVNTB will release its fourth quarter earnings on Wednesday, February 27th at 5:30 p.m. (ET). Greg Maffei, Liberty Interactive Corporation’s President and CEO, will host the call. During the call, Mr. Maffei will discuss the company’s financial performance and outlook.

Universal Display Corporation (NASDAQ:PANL) 30.67 +2.85 (10.24%)

PANL files SEC Form 4, Statement of Changes in Beneficial Ownership of Securities. A U.S. Securities and Exchange Commission (SEC) filing by Universal Display Corp. (Form 4) was posted on January 17, 2013.

Pilgrim’s Pride Corporation (NASDAQ:PPC) 9.28 +0.83 (9.82%)

Pilgrim’s Pride Corporation (PPC) announced that it will host its fourth quarter 2012 earnings conference call and webcast on Friday, February 15, 2013 at 7:00 a.m. MT.

CARBO Ceramics Inc. (NYSE:CRR) 87.20 +7.09 (8.85%)

CRR reported net income of $19.8 million, or $0.86 per share, on revenues of $153.6 million for the quarter ended December 31, 2012. Revenues for the fourth quarter of 2012 decreased 3 percent, or $4.5 million, compared to the fourth quarter of 2011.  For the year ended December 31, 2012, revenues increased 3 percent, or $19.8 million, compared to 2011.

Losers

Life Time Fitness, Inc. (NYSE:LTM) 39.36 -11.37 (-22.41%)

LTM announced preliminary results for the fourth quarter and full year ended December 31, 2012. The Company expects to report revenue in the range of $273.0-275.0 million, net income of $22.0-23.5 million and diluted earnings per share of $0.53-0.56 for 4Q 2012. For the year, expectations include revenue of $1.125-1.127 billion, net income of $110.0-111.5 million and diluted earnings per share of $2.63-2.66.

Seacor Holdings, Inc. (NYSE:CKH) 70.85 -20.12 (-22.12%)

SEACOR Holdings Inc. (CKH) and Era Group Inc. announced the successful completion of the spin-off of Era Group from SEACOR, finalizing the transition to Era Group’s status as an independent public company.

Harris Teeter Supermarkets Inc. (NYSE:HTSI) 37.67 -3.82 (-9.21%)

Harris Teeter Supermarkets, Inc. (HTSI) reported that sales for the first quarter of fiscal 2013 ended January 1, 2013 increased by 3.7% to $1.16 billion from $1.12 billion in the first quarter of fiscal 2012. The Company’s management remains cautious in its expectations for fiscal 2013 due to the current economic environment and its impact on the Company’s customers.

Makita Corporation (ADR) (NASDAQ:MKTAY) 45.06 -3.55 (-7.29%)

The Company raised the consolidated full-year forecast due to decreasing value of yen. The Company has decided to file for delisting its stock from NASDAQ in April 2013. Makita Corp announced that it has raised the consolidated full-year forecast for revenue from JPY 288,000 million to JPY 303,000 million.

Brink’S Co. (NYSE:BCO) 27.75 -2.07 (-6.94%)

The Brink’s Company (BCO), a global leader in security-related services, today reported fourth-quarter earnings.  Fourth-Quarter Revenue up 4% (6% organic growth), EPS $.67 vs. $.48. Full-year GAAP EPS $2.20 vs. $2.01; Non-GAAP EPS $2.31 vs. $2.32, Full-year capital spending down $32 million to $203 million.

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

BAC

Bank of America Corporation

$11.72

2,374,244

JPM

J P Morgan Chase & Co

$47.84

1,647,894

AVB

AvalonBay Communities, Inc.

$126.11

893,347

PPG

PPG Industries, Inc.

$140.56

848,015

ABX

Barrick Gold Corporation

$32.20

754,726

GE

General Electric Company

$22.60

534,099

ABV

Companhia de Bebidas das Americas – AmBev

$46.67

479,451

HTZ

Hertz Global Holdings, Inc

$18.26

450,800

WMB

Williams Companies, Inc. (The)

$35.39

434,471

ARO

Aeropostale Inc

$13.54

430,377

NASDAQ Ten Most Active Share Volume

Symbol

Company

Last Sale

Share Volume

QQQ

PowerShares QQQ Trust, Series 1

$67.64

17,270,946

VOD

Vodafone Group Plc

$27.31

1,706,345

SIRI

Sirius XM Radio Inc.

$3.24

1,575,989

LSI

LSI Corporation

$7.38

1,260,135

SCMR

Sycamore Networks, Inc.

$2.19

856,670

MPEL

Melco Crown Entertainment Limited

$21.06

801,620

ARMH

ARM Holdings, plc

$42.45

739,731

MSFT

Microsoft Corporation

$27.90

518,767

GILD

Gilead Sciences, Inc.

$40.61

455,285

TLAB

Tellabs, Inc.

$2.11

454,724

 

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edliston
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.

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.

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