Shares of Research In Motion Ltd. (RIMM, RIM.TO) tumbled more than 18% in after hours trading after the BlackBerry maker reported quarterly results below analysts' expectations. The company also said it now expects full year adjusted earnings to be at the low end of its prior outlook range.
Cooper Industries plc (CBE) shares slipped more than 7% in late trades after the electrical products maker cut its third quarter and full year 2011 earnings outlook, citing softness in its residential and commercial as well as its Bussmann electronics business.
Shares of Diamond Foods Inc. (DMND) rose more than 5% in extended hours trading after the the packaged foods company reported forecast-beating quarterly results and raised the adjusted earnings outlook for its next fiscal year.
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