Shares of Nicholas Financial, Inc. (NICK) surged more than 9% in after hours trading after the consumer finance company said that its Board of Directors has retained Janney Montgomery Scott LLC as its independent financial advisor to assist the board in evaluating possible strategic alternatives for the company, including, but not limited to, the possible sale of the company or certain of its assets, potential acquisition and expansion opportunities, and/or a possible debt or equity financing. The company also said that it has received an unsolicited, non-binding indication of interest from a potential third-party acquirer.
Oracle Corp. (ORCL) shares slumped more than 7% in extended hours trading after the software maker reported third quarter revenue and earnings below Wall Street expectations.
Shares of Guess? Inc. (GES) fell more than 5% in late trading after the international fashion house forecast first quarter and fiscal 2014 revenue and earnings below analysts' current consensus estimates.
Jabil Circuit Inc. (JBL) shares fell more than 4% in after hours trading after the contract electronics manufacturer reported forecast-missing second quarter profit and gave a down-beat outlook for the third quarter.
Shares of Tumi Holdings Inc. (TUMI) tumbled more than 10% in extended hours trading after the luxury travel product maker's quarterly earnings missed analysts' estimate as did its quarterly sales. The company also forecast fiscal 2013 earnings below analysts' current consensus estimate.
Tilly's Inc. (TLYS) shares slipped more than 11% in late trading after the specialty retailer forecast first quarter and fiscal 2013 earnings below analysts' current consensus estimates.
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