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

Gainers:

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.

Decliners:

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

Business News

Editors Pick
Bank of Nova Scotia or otherwise known as Scotiabank, Friday reported lower net profit for the third quarter, in the absence of a year-ago gain. Earnings per share, however, came in line with the Street view. Further, the company said it raised its quarterly dividend by 2 cents. Non-traditional discount and variety stores operator Big Lots Inc. (BIG) Friday reported a decline in net profit for the second quarter, while net sales grew 1.2 percent from the prior year. Comparable sales for the quarter increased 2.8 percent. Google has rejected the European Union's charges that it abused its market power and the demanded that it change the way it ranks online comparison shopping services in its search results, setting up a potentially long legal battle with the EU regulator empowered to levy billions of euros in fines
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