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After-market Movers For Feb 6 (NWSA, V, GMCR, AKAM, PRU, IRBT, DV)

Gainers:

DeVry, Inc. (DV: Quote) rose nearly 12 percent to $29.20. The company's second quarter profit surged from the year-ago quarter and non-GAAP earnings per share were sharply above Wall Street view. Total revenue for the quarter fell 3.6 percent, but was above the consensus estimate.

Decliners:

News Corp. (NWSA) declined 3 percent to $27.43. The company's second quarter profit more than doubled from the year-ago quarter and its adjusted earnings per share were above Wall Street view. Total revenues improved 5 percent and also topped the consensus estimate.

Visa Inc. (V: Quote) fell 1 percent to $159.10. The company's first quarter profit improved from the year-ago quarter. Total operating revenues rose 12 percent and were above the consensus estimate. In addition, the company authorized a new $1.75 billion class A share repurchase program. Visa also affirmed its fiscal 2013 financial outlook.

Green Mountain Coffee Roasters Inc. (GMCR: Quote) declined more than 8 percent to $44.80. The company's first quarter profit improved from the prior year period and its adjusted earnings per share topped Wall Street view. Net sales for the quarter managed to come above the consensus estimate. Meanwhile, the company forecast second quarter non-GAAP earnings per share in-line with analysts estimate and net sales growth of 14 percent to 18 percent, which is below the average analysts' expectation. The company raised its fiscal year 2013 non-GAAP earnings per share guidance range and backed sales growth outlook.

Akamai Technologies, Inc. (AKAM: Quote) plunged 16 percent to $34.66. The company's fourth quarter profit improved from the previous year period and its normalized earnings per share were above Wall Street view. Revenue rose 17 percent, but was below the consensus estimate. The company also announced that it has authorized a $150 million extension of its share repurchase program.

Prudential Financial, Inc. (PRU: Quote) fell 1 percent to $57.60. The company slipped to a loss in its fourth quarter on a consolidated basis. Adjusted operating income for the Financial Services Businesses declined from the year-ago quarter.

iRobot Corp. (IRBT: Quote) declined 9 percent to $21.60. The company slipped to a loss in its fourth quarter, but was narrower than what analysts' had estimated. Revenue declined from the year-ago quarter and missed the consensus estimate. The company forecast first quarter earnings per share in-line with estimate, but revenue expectation was below market view.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Firearms maker Smith & Wesson Holding Corp. (SWHC), Tuesday reported a drop in profit for the third quarter, as revenues and margins declined reflecting lower sales of long guns. However, earnings for the quarter came in ahead of Wall Street estimates as did revenues. Moving ahead, the company boosted... Target Corp (TGT) on Tuesday said it plans $2 billion of cost savings over the next two years, mainly at its corporate headquarters, as the discount retailer strives to boost profit and become a leaner outfit. Reports said that about $500 million of the savings would occur in the current year, and... Bob Evans Farms Inc. (BOBE) on Tuesday reported a drop in a profit for the third quarter, despite growth in revenues, with both earnings and revenues falling short of expectations. Moving head, the restaurant chain lowered its fiscal year 2015 outlook. Shares of Bob Evans Farms plunged over 18 percent...
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