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After-market Movers For August 20 (URBN, NDSN, IMUC)

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8/20/2012 5:11 PM ET

Gainers:

Urban Outfitters, Inc. (URBN: Quote) gained nearly 15 percent to $35.87. The company's second quarter profit and net sales increased from the year-ago quarter and were also above Wall Street view.

Nordson Corp. (NDSN: Quote) rose 14 percent to $63.00. The company's third quarter profit increased from the prior year period and its adjusted earnings per share were above analysts' prediction. Sales improved 22 percent and also topped the consensus estimate. The company forecast fourth quarter sales above analysts' estimate.

Decliners:

ImmunoCellular Therapeutics Ltd. (IMUC: Quote) fell 13 percent to $2.52. The company announced the appointment of John Yu as its interim chief executive and President. The company stated that it has accepted the resignation of Manish Singh from the CEO, President, and board positions. Yu will continue to serve as Chief Scientific Officer and Chairman of the board.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
With traders digesting remarks from Federal Reserve Chairman Ben Bernanke, stocks have seen considerable volatility over the course of the trading day on Wednesday but are moving mostly higher in mid-day trading. The major averages have moved to the upside in recent trading and are currently posting notable gains. Comprehensive immigration reform legislation took a step toward approval on Tuesday, as the members of the Senate Judiciary Committee voted to send the bill to the Senate floor. The Senate Judiciary Committee voted 13 to 5 in favor of the bill, with three Republicans joining with the panel's ten Democrats in voting to support the legislation. Existing home sales in the U.S. saw a modest increase in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales climbed 0.6 percent to a seasonally adjusted annual rate of 4.97 million in April from an upwardly revised 4.94 million in March.
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