logo
Share SHARE
FONT-SIZE Plus   Neg

After-market Movers For April 24 (AAPL, NSC, AFL, JNPR, BIDU, CRAY, CYMI, SFLY)

Gainers:

Apple Inc. (AAPL) gained more than 7 percent to $600.96. The company's second quarter profit jumped 94 percent from the year-ago quarter and were above Wall Street view. March quarter sales of iPhones improved 88 percent, iPads surged 151 percent, Macs increased 7 percent, while sales of iPods declined 15 percent. However, the company guided its third quarter results below consensus.

Norfolk Southern Corp. (NSC) rose more than 1 percent to $71.22. The company's first quarter profit increased 26 percent and were above consensus. Railway operating revenues increased 6 percent.

AFLAC Inc. (AFL) gained 5 percent to $44.00. The company's first quarter profit doubled from prior year, while operating earnings improved 6.3 percent. Revenues rose 21.9 percent.

Cray Inc. (CRAY) jumped 24 percent to $8.75 amidst the news that it has agreed to sell its interconnect hardware development program and related intellectual property to Intel Corp. (INTC) for $140 million in cash.

Juniper Networks, Inc. (JNPR) rose more than 1 percent to $22.00 . The company's first quarter profit and net revenues declined from the year-ago period, but topped Wall Street view. The company guided second quarter non-GAAP earnings per share to fall short of estimate, but revenues in-line with consensus.

Shutterfly, Inc. (SFLY) improved 6 percent to $30.80.

Decliners:

Baidu, Inc. (BIDU) declined 11 percent to $121.16. The company's first quarter profit and revenues surged from the prior year period. However, the company provided a weak revenue forecast for its second quarter.

Cymer Inc. (CYMI) declined 7 percent to $45. The company's first quarter profit and revenue declined from the year-ago quarter, but were above consensus. The company guided its second quarter revenue above consensus.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Two major hospitals Ascension Health and Providence St. Joseph Health are in discussion for merger to create one of the largest hospital chain, reported Wall Street Journal. The combination is expected to have 191 hospitals with an annual revenue of around $45 billion. The new entity would dethrone America's largest hospital operator Hospital Corporation of America that owns 177 hospitals and reve Uber has mistakenly charged a customer in Toronto an astounding C$18,518.50 for a five-mile, 21-minute ride. In U.S. dollar terms, the amount would be more than $14,400. The five-mile ride should have only cost between C$12 and C$16. French baby formula maker Lactalis has issued a major international product recall over fears of salmonella contamination. French health authorities have ordered the dairy company to stop selling hundreds of products worldwide, after 26 infants fell ill with salmonella poisoning in France. Salmonella infections can be life-threatening mainly for young children.
comments powered by Disqus
Follow RTT