Shares of Smith & Wesson Holding Corp. (SWHC: Quote) surged more than 15% in after hours trading after the firearms maker reported better than expected fourth quarter results and gave upbeat outlooks for the first quarter and fiscal year 2013.
Fushi Copperweld, Inc. (FSIN: Quote) shares rose more than 13% in extended hours trading after the China-based maker of copper-clad bimetallic wire products said it has agreed to be acquired by entities affiliated with its Chairman and Co-Chief Executive Officer, Li Fu, and Abax Global Capital (Hong Kong) Ltd., for $9.50 per share in cash.
Accenture Plc (can) shares gained more than 3% in late trading after the technology outsourcing and consultancy firm reported third quarter earnings above analysts' estimate.
Shares of Research In Motion Ltd. (RIMM: Quote,RIM.TO: Quote) slumped more than 14% in after hours trading after the struggling Canadian smartphone maker reported a wider than expected first quarter loss and announced job cuts totaling 5,000 by fiscal year 2013.
Nike Inc. (NKE: Quote) shares slipped more than 12% in extended hours trading after the world's largest maker of athletic shoes and apparel reported fourth quarter earnings and revenue below analysts' expectations.
Shares of Team Health Holdings, Inc. (TMH: Quote) fell more than 7% in late trading after the provider of outsourced physician staffing solutions for hospitals said it had commenced a secondary offering of 8 million shares of its common stock to be sold by its principal shareholder, Ensemble Parent LLC, an investment fund affiliated with Blackstone Group L.P., and by certain of TeamHealth's officers and directors.
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by RTT Staff Writer
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