Merck & Co., Inc. (MRK: Quote) is rising more than 2 percent to $44.40. The company's second quarter profit declined from the year-ago quarter, although its non-GAAP earnings per share were above Wall Street view. Sales for the quarter improved from the same period last year and were also above the consensus estimate.
Helmerich & Payne, Inc. (HP) is gaining over 3 percent to $47.42. The company's third quarter profit improved from the prior year period. Operating revenues for the quarter surged from the year-ago period and also topped analysts' estimate.
AuthenTec, Inc. (AUTH: Quote) is jumping 61 percent to $8.18. Apple (AAPL) has agreed to buy the company for $8.00 for share. The company expects this merger to close in the third calendar quarter of this year.
Amazon.com Inc. (AMZN: Quote), Deckers Outdoor Corp. (DECK: Quote), Expedia Inc. (EXPE: Quote) are rising following the release of their results.
Facebook Inc. (FB: Quote) is declining 13 percent to $23.29 following announcement of its first quarter report after its initial public offering. The company slipped to a loss in its second quarter, while its adjusted earnings per share were in-line with Wall Street view. Revenues improved 32 percent and were above the consensus estimate.
Starbucks Corp. (SBUX: Quote), Acme Packet, Inc. (APKT: Quote), Coinstar, Inc. (CSTR: Quote), Netgear Inc. (NTGR: Quote) are down based on the release of their results.
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by RTT Staff Writer
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