Market Update After Hours February 4
Market Summary
| Dow Jones | 13,880.08 | -129.71 | (-0.93%) |
| S&P 500 | 1,495.71 | -17.46 | (-1.15%) |
| Nasdaq | 3,131.17 | -47.93 | (-1.51%) |
Gainers
Acme Packet, Inc. (NASDAQ:APKT) 29.59 +5.66 (23.65%)
Oracle Corp. announced it has agreed to buy Acme Packet Inc., a maker of network equipment, in a deal worth about $2.1 billion.
Research In Motion Ltd (NASDAQ:BBRY) 14.98 +1.96 (15.02%)
BBRY rose more than 15 per cent Monday, one day after its first-ever ad targeted at the NFL championship aired in splashy fashion in the United States.
Panasonic Corporation (ADR) (NYSE:PC) 7.72 +0.84 (12.21%)
Panasonic Corp announced that Minebea Co., Ltd. and Panasonic Corp have reached an agreement that Panasonic Corp would transfer all of its shares (a 40% stake) in their joint venture of Minebea Motor Manufacturing Corporation to Minebea and dissolve their alliance.
Caesars Entertainment Corp. (NASDAQ:CZR) 8.71 +0.90 (11.52%)
CZR forecast a wider-than-expected loss for the fourth quarter as superstorm Sandy contributed to the casino operator’s revenue shortfall.
Losers
The McGraw-Hill Companies, Inc. (NYSE:MHP) 50.30 -8.04 (-13.78%)
Standard & Poor’s Rating Services (“S&P”), a subsidiary of The McGraw-Hill Companies, Inc. (NYSE: MHP) today disclosed that the Civil Division of the United States Department of Justice (“DOJ”) has informed the Company that it intends to file a civil lawsuit against S&P focusing on its ratings in 2007 of certain U.S. collateralized debt obligations .
Moody’s Corporation (NYSE:MCO) 49.45 -5.90 (-10.66%)
MCO experienced a decline of 10.66% to a market valuation of $49.45 per share, after Moody’s Investors Services stated that Jeffries Group Inc. plan to pay two executives $78 million of incentive compensation could actually hurt the firm’s bondholders.
Changyou.Com Ltd (ADR) (NASDAQ:CYOU) 28.19 -3.11 (-9.94%)
Changyou.com Ltd announced that for the first quarter of 2013, it expects total revenues between $168.0-$174.0 million, non-GAAP net income between $74.0-$77.0 million, non-GAAP fully diluted earnings per ADS (EPS) between $1.38-$1.44.
Groupon Inc. (NASDAQ:GRPN) 5.23 -0.41 (-7.35%)
Milberg LLP announced that a class action has been filed in the United States District Court for the Northern District of Illinois on behalf of purchasers of Groupon Inc stock between May 14, 2012 and November 8, 2012, inclusive (the Class Period).The lawsuit alleges Groupon and certain of its officers and directors violated the Securities Exchange Act of 1934.
After Hours Most Active
NYSE Ten Most Active Share Volume
| Symbol | Company | Last Sale | Share Volume |
| YUM | Yum! Brands, Inc. |
$60.48 |
2,075,724 |
| EMC | EMC Corporation |
$24.63 |
2,041,427 |
| BAC | Bank of America Corporation |
$11.52 |
1,608,630 |
| WU | Western Union Company (The) |
$14.67 |
1,476,906 |
| AA | Alcoa Inc. |
$8.86 |
1,067,061 |
| MRK | Merck & Company, Inc. |
$40.87 |
937,755 |
| GE | General Electric Company |
$22.31 |
807,154 |
| HIG | Hartford Financial Services Group, Inc. (The) |
$24.54 |
743,553 |
| ACMP | Access Midstream Partmers, L.P. |
$36.55 |
701,631 |
| S | Sprint Nextel Corporation |
$5.78 |
674,328 |
NASDAQ Ten Most Active Share Volume
| Symbol | Company | Last Sale | Share Volume |
| QQQ | PowerShares QQQ Trust, Series 1 |
$66.58 |
10,322,521 |
| BRCD | Brocade Communications Systems, Inc. |
$5.61 |
3,551,470 |
| MSFT | Microsoft Corporation |
$27.48 |
2,589,845 |
| ERIC | Ericsson |
$12.19 |
1,732,610 |
| QCOM | QUALCOMM Incorporated |
$65.84 |
1,347,746 |
| YHOO | Yahoo! Inc. |
$19.34 |
1,088,203 |
| CA | CA Inc. |
$24.72 |
1,078,377 |
| GILD | Gilead Sciences, Inc. |
$39.89 |
1,047,317 |
| BIDU | Baidu, Inc. |
$100.90 |
938,879 |
| BBRY | Research In Motion Limited |
$15.13 |
653,366 |
More Posts by this author
- CVS Caremark Reports 11% Jump in Q4 Revenue (CVS)
- Stocks Slip in Early Trading, Time Warner Earnings Edge Past Forecast
- Zynga Shares Gain in Pre-Market Trading as Company Reports Surprise Profit in Q4 (ZNGA)
- Forex Market Update: Yen Falls to Nearly a Three-Year Low against Dollar and Euro
- Obama Urges the GOP to adopt “More Balanced” Approach
- Expedia Q4 Revenue Climbs 24%, Shares Jumped in Afterhours (EXPE)
- Gold Prices Extend Losses in Asian Trading Hours as Investors Prefer riskier Assets; Silver Price also Slip
 |
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.
|
