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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
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
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