Market Update After Hours February 11


Market Summary

Dow Jones 13,971.24 -21.73 (-0.16%)
S&P 500 1,517.01 -0.92 (-0.06%)
Nasdaq 3,192.00 -1.87 (-0.06%)

Gainers

SunPower Corporation (NASDAQ:SPWR) 9.44 +1.51 (19.04%)

SPWR declared non-GAAP revenue of $785M and adjusted EPS of 18 cents per sharefor Q4, topping the Street at $768.3M and 15 cents. CEO Tom Werner stated in a statement that they exited 2012 with healthy fourth-quarter results as they benefitted from their diversified downstream channel strategy, solid implementation on their cost roadmap and surged customer demand for their high efficiency, industry-leading technology.

Icahn Enterprises, L.P. (NASDAQ:IEP) 68.88 +8.93 (14.90%)

Icahn Enterprises LP, controlled by Carl Icahn, will increase its annual dividend to $4.00 per depositary unit from $1.40, payable either in cash or depositary units.

Starz (NASDAQ:STRZB) 18.00 +2.05 (12.85%)

WSJ reports that premium cable channel Starz concreted its ability to keep showing movies from Sony Pictures Entertainment, extending the current contract to cover movies released through 2021, fending off a rival offer from Netflix Inc.

SolarCity Corp. (NASDAQ:SCTY) 16.67 +1.54 (10.18%)

Goldman Sachs began coverage on shares of SolarCity Corp (SCTY). The firm issued a buy rating on the stock. Analysts at Raymond James initiated coverage on shares of SolarCity Corp. They set a market perform rating on the stock.

Globus Medical Inc. (NYSE:GMED) 14.65 +1.07 (7.88%)

Globus Medical, Inc. (GMED) announced that Richard Baron, Senior Vice President and Chief Financial Officer, will be presenting at the Leerink Swann Global Healthcare Conference in New York, NY on Wednesday, February 13, 2013 at 2:30 p.m. ET.

Losers

Novo Nordisk A/S (ADR) (NYSE:NVO) 165.40 -26.89 (-13.98%)

American regulators has asked Novo Nordisk A/S (ADR)(NVO) it conduct additional clinical tests of its new long-acting insulin Tresiba to assess potential heart risks. The Food and Drug Administration has requested additional data before it considers approving Tresiba and Ryzodeg, a related product.

Caesars Entertainment Corp. (NASDAQ:CZR) 12.59 -1.32 (-9.49%)

CZR is expected to report earnings on February 28th. In Q3, superstorm Sandy negatively impacted the quarter as the NJ operations were shut down for five days.

Gulfport Energy Corporation (NASDAQ:GPOR) 38.68 -2.61 (-6.32%)

Gulfport Energy Corporation (GPOR) announced its proposed acquisition of additional working interests in the Utica Shale in Eastern Ohio. The proposed transaction, which is expected to close prior to the end of February 2013, will increase Gulfport’s working interest in the acreage to 93.8%.

Pretium Resources, Inc. Ordinary Shares (Canada) (NYSE:PVG) 10.19 -0.65 (-6.00%)

Alere Inc. (NYSE:ALR) 21.33 -1.33 (-5.87%)

ALR announced that it will release its fourth quarter 2012 earnings on Friday, February 15, 2013. The Company will also host a conference call beginning at 8:30 a.m. (Eastern Time) on that date to discuss these results and other corporate matters. During the conference call, the Company will discuss and answer questions concerning business and financial developments and trends

After Hours Most Active

NYSE Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
BAC Bank of America Corporation $11.85 3,473,621
EXC Exelon Corporation $31.50 1,309,975
COP ConocoPhillips $57.69 1,053,804
LLY Eli Lilly and Company $53.62 1,016,443
SE Spectra Energy Corp $29.55 978,506
DD E.I. du Pont de Nemours and Company $47.76 948,051
UAL United Continental Holdings, Inc. $26.46 572,639
FE FirstEnergy Corporation $40.18 527,618
HCA HCA Holdings, Inc. $36.05 523,494
WFR MEMC Electronic Materials, Inc. $4.49 512,292

 NASDAQ Ten Most Active Share Volume

Symbol Company Last Sale Share Volume
FB Facebook, Inc. $27.52 2,278,256
GILD Gilead Sciences, Inc. $40.40 735,430
CA CA Inc. $24.86 647,730
TTWO Take-Two Interactive Software, Inc. $15.18 540,969
AMGN Amgen Inc. $85.00 497,855
ATVI Activision Blizzard, Inc $13.58 467,620
SQNM Sequenom, Inc. $4.69 435,267
QQQ PowerShares QQQ Trust, Series 1 $67.98 399,716
ZNGA Zynga Inc. $3.69 392,692
AAPL Apple Inc. $477.59 351,109

 

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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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