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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
Burger chain Shake Shack Inc. said late Thursday that it has priced its initial public offering of 5 million Class A shares at $21 per share, which is above the previously estimated price range of $17 to $19 per share. The shares are expected to begin trading on the New York Stock Exchange on Friday, January 30 under the ticker symbol "SHAK." Google reported a higher fourth-quarter profit, driven by a 15 percent increase in revenues and one-time gains from the sale of Motorola Mobile business, somewhat offset by stock-based compensation expense and foreign exchange losses. Quarterly earnings and revenue missed Wall Street estimates, as ad revenues came under pressure. Online retailer Amazon.com, Inc. said Thursday after the markets closed that its fourth quarter fell 10.5% from last year, as higher expenses more than offset a 15% increase in sales. However, the company's quarterly earnings per share came in well above analysts' expectation, but its quarterly sales fell short of analysts' forecast.
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