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After-market Movers For Feb 14 (ZNGA, MET, HIG, DTV, PEET, FTI)

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Gainers:

MetLife, Inc. (MET) gained more than 2 percent to $38.33. The company's fourth quarter profit jumped from the year-ago quarter. Total operating revenues for the quarter improved 19 percent.

Hartford Financial Services Group, Inc. (HIG) rose over 5 percent to $20.90. Paulson & Co., Inc., the beneficial owner of 8.4% stake in the company, has sent a letter to the company urging a spinoff of property and casualty insurance business.

DIRECTV (DTV) gained over 2 percent to $46.90 amidst the disclosure that billionaire investor Warren Buffett's Berkshire Hathaway Inc. (BRKa) has raised its stake in the El Segundo, California-based company in the December 2011 quarter.

Decliners:

Zynga Inc. (ZNGA) declined 6 percent to $13.50. The company slipped to a loss in its fourth quarter. Non-GAAP earnings declined from the year-ago quarter. Total revenue surged from the year ago quarter, while bookings rose 26 percent.

Peet's Coffee & Tea, Inc. (PEET) fell 4 percent to $65.50. The company's fourth quarter profit declined 13 percent from the previous year period. Both non-GAAP earnings per share and net revenue were below Wall Street view. Meanwhile, the company confirmed its fiscal 2012 guidance.

FMC Technologies, Inc. (FTI) declined over 3 percent to $52.00. The company's net income attributable to the company declined marginally from the last year period. Revenue increased from the previous year and were above consensus. The company guided 2012 diluted earnings per share below analysts' estimate.

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