Market Update After Hours February 28
Market Summary
| Dow Jones | 14,054.49 | -20.88 | (-0.15%) |
| S&P 500 | 1,514.68 | -1.31 | (-0.09%) |
| Nasdaq | 3,160.19 | -2.07 | (-0.07%) |
Gainers
Universal Display Corporation (NASDAQ:PANL) 31.38 +3.48 (12.47%)
For the full year of 2012, the company reported revenues of $83.2 million, up 36% compared to revenues of $61.3 million for 2011. Operating income rose to $13.7 million for the year, up 141% from $5.7 million in 2011. The company reported net income of $9.7 million, or $0.21 per diluted share, for the full year of 2012, compared to net income of $3.2 million, or $0.07 per diluted share, for 2011.
CommonWealth REIT (NYSE:CWH) 25.25 +2.74 (12.17%)
Reuters reported CommonWealth REIT’s equity offering of 30 million shares has been priced at $19 per share, according to two underwriters. Most of the shares were sold to institutional investors, while very little went to retail investors, one of the underwriters said.
Chart Industries, Inc. (NASDAQ:GTLS) 72.59 +7.06 (10.78%)
Chart Industries Inc. (GTLS) reported fourth quarter adjusted EPS of $0.80 Thursday morning, which topped the consensus estimate of $0.76. Full year 2013 adjusted EPS is expected to be between $3.00 and $3.40. The consensus estimate is for EPS of $3.53.
AIXTRON SE (ADR) (NASDAQ:AIXG) 13.21 +1.14 (9.44%)
The company reported sequential growth in third quarter orders and revenues of 15 percent and 35 percent, respectively. “We are clearly getting closer to the start of the third major LED investment cycle, namely for LED general lighting. It is not a question of ‘if’ this substantial market arrives; it is only a question of ‘when,’” said Paul Hyland, President & CEO, in their most recent earnings release.
OI S.A. (NYSE:OIBR.C) 4.50 +0.32 (7.66%)
Oi SA (OIBR) declared a special dividend on Thursday, February 28th. Stockholders of record on Tuesday, March 26th will be given a dividend of $0.26 per share on Monday, April 8th. The ex-dividend date of this dividend is Friday, March 22nd.
Losers
Groupon Inc. (NASDAQ:GRPN) 4.53 -1.45 (-24.28%)
Analyst Justin Post downgraded Groupon shares to underperform from neutral and cut his price target to US$4.20 from US$5.35 as a result of weak fourth quarter earnings on Thursday morning.
J.C. Penney Company, Inc. (NYSE:JCP) 17.57 -3.59 (-16.97%)
Reuters reported Fitch Ratings has downgraded the Issuer Default Ratings (IDRs) on J.C. Penney Co., Inc. and J.C. Penney Corporation, Inc. to ‘B-’ from ‘B’. The Rating Outlook is Negative.
Telecom Argentina S.A. (ADR) (NYSE:TEO) 12.29 -2.20 (-15.18%)
Telecom Argentina SA announces appointment of new CEO. Telecom, one of Argentina’s top telecommunications companies, said on Thursday net earnings in the last three months of 2012 were 809 million pesos ($164 million), compared with a revised 650 million pesos during the same period a year earlier.
YPF SA (ADR) (NYSE:YPF) 12.60 -2.11 (-14.34%)
Forbed reported that YPF SA (YPF) crossed below their 200 day moving average of $13.67, changing hands as low as $13.39 per share.
Nortel Inversora S.A. (ADR) (NYSE:NTL) 12.47 -1.72 (-12.12%)
NTL announced consolidated net income of Ps.2,675 million for the fiscal year ended December 31, 2012 of which Ps 1,413 million correspond to Nortel as controlling shareholder.
After Hours Most Active
NYSE Ten Most Active Share Volume
| Symbol | Company | Last Sale | Share Volume |
| JEF | Jefferies Group, Inc. | $21.72 | 9,897,274 |
| BML^Q | Bank of America Corporation | $25.35 | 8,800,000 |
| CXW | Corrections Corporation of America | $38.32 | 5,736,831 |
| BAC | Bank of America Corporation | $11.20 | 5,456,939 |
| KRC | Kilroy Realty Corporation | $52.25 | 4,745,704 |
| GEO | Geo Group Inc (The) | $34.72 | 4,036,059 |
| RPAI | Retail Properties of America, Inc. | $14.79 | 3,370,075 |
| HTA | Healthcare Trust of America, Inc. | $11.47 | 3,281,460 |
| T | AT&T Inc. | $35.80 | 3,026,746 |
| CWH | CommonWealth REIT | $23.99 | 2,947,143 |
NASDAQ Ten Most Active Share Volume
| Symbol | Company | Last Sale | Share Volume |
| FB | Facebook, Inc. | $27.13 | 10,766,628 |
| SIRI | Sirius XM Radio Inc. | $3.10 | 6,211,264 |
| GRPN | Groupon, Inc. | $4.72 | 3,511,611 |
| MSFT | Microsoft Corporation | $27.78 | 2,993,815 |
| WIN | Windstream Corporation | $8.59 | 2,387,992 |
| INTC | Intel Corporation | $20.87 | 2,362,311 |
| QQQ | PowerShares QQQ Trust, Series 1 | $67.05 | 2,281,393 |
| DELL | Dell Inc. | $13.95 | 2,265,877 |
| DTV | DIRECTV | $48.50 | 1,869,132 |
| MTGE | American Capital Mortgage Investment Corp. | $25.74 | 1,818,108 |
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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.
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