logo
Share SHARE
FONT-SIZE Plus   Neg

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
The holiday throng seeking to take a flight out to their preferred destinations at the at New York's Kennedy International Airport ahead of the Memorial Day holiday were in for a rude shock. Technology played a spoilsport, as a computer system broke down Sunday evening at a terminal, causing flight delays and cancellations that resulted in manual check-in process for thousands of holiday passeng The month of May saw the FDA greenlight 5 new drugs, including 1 new molecular entity, and surprisingly turn down 1 drug candidate, whose approval was considered a no-brainer by some experts. Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology.
comments powered by Disqus
Follow RTT