After-market Movers For July 16 (YHOO, DGIT, FLIR, KW, SFG, MFRM, LNG)

Yahoo! Granted Favorable Ruling In Mexico City Superior Court Of Justice

Yahoo! To Present At J.P. Morgan Conference; Webcast At 10:00 AM ET

WSJ: Yahoo Wants To Be Out Of Microsoft Partnership

Trade YHOO now with

7/16/2012 5:22 PM ET

Gainers:

Yahoo! Inc. (YHOO: Quote) gained over 2 percent to $16.00. The company announced that it has appointed Marissa Mayer as its president, chief executive and a member of the board, effective July 17. Most recently, Mayer was responsible for Local, Maps, and Location Services for Google Inc. (GOOG).

Digital Generation, Inc. (DGIT: Quote) rose more than 16 percent to $11.20 based on its announcement to explore a number of strategic options, including sale. DG has engaged Goldman, Sachs and Co. in conjunction with the exploration of strategic alternatives.

Decliners:

FLIR Systems, Inc. (FLIR: Quote) declined percent to $17.95. The company announced second quarter preliminary revenue and earnings per share results, which were below Wall Street view. The company said its second quarter performance was negatively impacted by weakness in several markets including predictive maintenance and building, cores and components, and recreational marine, particularly in Europe.

Kennedy-Wilson Holdings, Inc. (KW: Quote) declined 4 percent to $13.50. The company announced that it plans to sell 7.50 million shares of its common stock in an underwritten public offering.

StanCorp Financial Group Inc. (SFG: Quote) fell over 5 percent to $35.09. The company announced that it expects second quarter earnings below Wall Street view citing that its results were negatively affected by comparatively less favorable claims experience in the group long term disability insurance business.

Mattress Firm Holding Corp. (MFRM: Quote) declined 11 percent to $26.50. The company lowered its net sales guidance for its second quarter and fiscal year citing the downward pressures on sales experienced during the quarter.

Cheniere Energy, Inc. (LNG: Quote) decreased 4 percent to $14.02 based on its announcement that has agreed to sell 20 million shares of its common stock in an underwritten public offering.