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3/12/13

Story Stocks from Briefing.com


1:47 am Costco headlines pre-market earnings (COST)
Look for the following companies to report before the open:
  • AMED, BONT, BPI, CACH, CORE, COST, EJ, LMIA, RDNT, SSI, TICC
1:42 am YUM! Brands trades higher after hours following earnings (YUM)
After Hours Gainers: 
Companies trading higher in after hours in reaction to earnings:
 HEK +10.5%, IRBT +9.9%, BIOS +8.3%, YUM +6.8%, PAY +6.5%, XNPT +6.1%, HTZ +3.6%, STEI +3.6%, GST +3.2%, CQB +3.0%, MNTX +1.9%

Companies trading higher in after hours in reaction to news: OCZ +8.1% (obtained $30 mln credit facility with Herculues Technology Growth Capital), PAY +6.5% (co's CEO steps down; VeriFone's Chairman, Richard McGinn, becomes interim CEO; co reiterates Q2 and FY13 guidance), SANM +1.8% (announced $100 mln stock repurchase program), MRC +0.8% (co and NAWAH LLC entered into an exclusive alliance to open distribution facility to support Iraq's energy sector)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings:
 PWRD -9.2%, DMND -6.0%, CWT -2.8%, URBN -2.3%, DTSI -1.4%, KERX -0.7%, PLOW -0.4%, CASY -0.3%

Companies trading lower in after hours in reaction to news: LAKE -23.1% (reported material developments: lower than expected sales in Brazil result in operating loss in Brazil; potential default on bank line of credit with TD Bank), GOV -5.0% (CommonWealth REIT (CWH) announced proposed public offering of 9.95 mln common shares of Government Properties Income Trust), LXP -3.3% (announced 15 mln share public offering of common shares), ESC -2.6% (launched secondary public offering of 7.97 mln common shares by selling shareholders), HTWR -2.0% (to offer 1,500,000 shares of common stock pursuant to an effective shelf registration statement), CRM -1.7% (announced proposed $1 bln offering of convertible senior notes due 2018)

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