Gainers:
Pegasystems Inc. (PEGA) surged over 17 percent to $29.75. The company swung to a profit in its fourth quarter. Both non-GAAP earnings per share ad revenue were above Wall Street view. The company said it anticipate its growth momentum to continue and guided 2013 results above analysts' expectations.
Constellation Brands Inc. (STZ) rose 5 percent to $44.00 following the news that the company, Anheuser-Busch InBev (BUD) and Crown Imports LLC are engaged in discussions with the DoJ seeking to resolve the litigation challenging Grupo Modelo deal. In connection with such discussions, the parties and the DoJ have agreed to jointly approach the court to request a stay of all litigation proceedings until March 19, 2013.
Decliners:
Electric car maker Tesla Motors, Inc. (TSLA) fell 7 percent to $35.71. The company's fourth quarter loss widened from the prior year period and its adjusted loss per share was wider than what analysts' had estimated. Meanwhile, revenue jumped from the year-ago quarter and topped the consensus estimate. The company plans to deliver about 20,000 Model S units in 2013. Meanwhile, the company expects to be profitable in its first quarter on a non-GAAP basis.
VeriFone Systems, Inc. (PAY) plunged 32 percent to $21.50. The company's preliminary financial results for its first quarter were lower than its prior guidance and were sharply below Wall Street view. The company also warned on its second quarter results. Meanwhile, the company forecast non-GAAP net revenues and non-GAAP net income per share to grow sequentially in the third and fourth quarters of fiscal 2013.
Rubicon Technology, Inc. (RBCN) declined 15 percent to $4.90. The company slipped to a loss in its fourth quarter. While expecting its first quarter six-inch revenue to decline sequentially due to lower six-inch wafer sales, the company expects a loss in the quarter and also margins to be pressurized.
Trading halt:
Trading in shares of American Railcar Industries, Inc. (ARII) was halted.
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