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After-market Movers For Feb 14 (HLF, CBS, A, LOGM, QLIK)

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2/14/2013 5:57 PM ET

Gainers:

Herbalife Ltd. (HLF: Quote) surged 20 percent to $46.00 based on the news that billionaire investor Carl Icahn holds 12.98 percent stake in the company. Icahn also intend to have discussions with the company's management regarding the business and strategic alternatives to enhance shareholder value, such as a recapitalization or a going-private transaction.

Qlik Technologies, Inc. (QLIK: Quote) gained 14 percent to $25.90. The company's fourth quarter results were above Wall Street view. While expecting first quarter results below analysts' estimate, the company gave an upbeat guidance for full year 2013. The company also announced Bill Sorenson's intention to resign as finance chief for personal reasons.

Decliners:

CBS Corp. (CBS: Quote) fell 0.72 percent to $42.63. The company's fourth quarter profit and revenues improved from the prior year period, but were below Wall Street view. CBS also announced that it plans to repurchase an additional $1 billion of its Class B common stock in 2013.

Agilent Technologies Inc. (A: Quote) declined over 7 percent to $41.21. The company's first quarter profit declined from the year-ago quarter and its adjusted earnings per share was below Wall Street view. Revenues rose 3 percent, but missed the consensus estimate. The company also forecast its second quarter results below analysts' prediction. Meanwhile, the company lowered its fiscal year 2013 forecast. The company noted that it currently face some volatility in its end-markets.

LogMeIn, Inc. (LOGM: Quote) plunged 20 percent to $18.84. The company's fourth quarter results were above analysts' estimates. Meanwhile, the company forecast first quarter and full year 2013 results below Wall Street view.

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by RTT Staff Writer

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