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After-market Movers For April 23 (TXN, NFLX, BIG, ALGN, AMP)


Texas Instruments Inc. (TXN) gained more than 3 percent to $33.10. The company's first quarter profit declined 60 percent from the year-ago quarter. Revenues fell from the previous year period, but were above consensus. The company provided a positive revenue forecast for its second quarter.

Align Technology, Inc. (ALGN) gained 14 percent to $31.30. The company's first quarter profit and revenues increased from the previous year and were above Wall Street view. The company also guided second quarter results above consensus.

Ameriprise Financial Inc. (AMP) increased nearly 11 percent to $58.38. The company's first quarter operating earnings declined from the previous year period, but were above analysts' expectation. Net income attributable to company increased from the year-ago quarter, while operating net revenues rose 1 percent. The company also announced a 25 percent increase to its regular quarterly dividend.


Netflix, Inc. (NFLX) declined nearly 17 percent to $84.68. The company slipped to loss in its first quarter. Revenues increased from the year-ago quarter and were above consensus. The company anticipates returning to global profitability in its second quarter.

Big Lots, Inc. (BIG) fell 14 percent to $39.27. The company announced that it currently expects first quarter U.S. comparable store sales to be slightly negative compared to its prior guidance of growth of 2 percent to 4 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
T-Mobile US Inc. on Monday lifted its forecast for fiscal 2016 adjusted EBITA, a key earnings metric, as well as customer additions after reporting a surge in third-quarter profit and and revenues with strong customer growth. Earnings per share came in above market estimates. In pre-market activity, shares were gaining around 4.8 percent to $49. Shares of Philips Electronics NV were gaining around 3 percent in the early morning trading in Amsterdam after the Dutch consumer electronics giant reported Monday a higher profit in its third quarter driven by margin strength with improved performance in its segments. Consolidated comparable sales growth was 2 percent, driven by 5 percent increase in HealthTech portfolio. AT&T announced a definitive agreement to purchase Time Warner in a stock-and-cash transaction valued at $107.50 per share. This purchase price implies a total equity value of $85.4 billion and a total transaction value of $108.7 billion, including Time Warner's net debt. AT&T expects the deal to close before year-end 2017.
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