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After The Bell

After-market Movers For Dec. 11 (HBIO, DD, GEOS, EXAR, CIE, MCP)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Shares of Harvard Bioscience, Inc. (HBIO) gained more than 5% in after hours trading after the medical instruments maker said that its wholly-owned subsidiary, Harvard Apparatus Regenerative Technology, Inc., has filed a registration statement with the SEC for an initial public offering.

Du Pont (DD) shares rose more than 2% in extended hours trading after the chemicals giant said that its board of directors has authorized a share repurchase program for $1 billion of the company's common stock. The company also said that it now expects its 2012 earnings from continuing operations, excluding significant items, to be at the high end of the previous range of $3.25 to $3.30 per share.

Shares of Geospace Technologies Corp. (GEOS) tumbled more than 13% in late trading after the maker of instruments and equipment used in the acquisition and processing of seismic data reported fourth quarter revenues that came in below analysts' expectations.

Exar Corp. (EXAR) shares slipped more than 7% in after hours trading after the chipmaker said it has fired its Senior Vice President and Chief Financial Officer Kevin Bauer.

Shares of Cobalt International Energy, Inc. (CIE) fell more than 10% in extended hours trading after the independent oil exploration and production company said it has commenced a registered underwritten public offering of $1.2 billion aggregate principal amount of its convertible senior notes due 2019.

Molycorp, Inc. (MCP) shares lost more than 8% in late trading after the rare earth company said that its President and Chief Executive Officer Mark Smith has left the company.

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