After Hours Stock Market

Investors focus on GM, cable stocks after hours

Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours

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Reno company buys two LV radio stations

Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.

The spiral for G.M. shares would surprise executives of past decades.

Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.

Anyone who grew up thinking of General Motors stock as a blue-chip investment probably wept a little on Friday. Or maybe buckets of tears.

Investors are expected to key on trading in shares of General Motors Corp. and cable companies, including Comcast Corp., in the after-hours session.

SEATTLE, USA: Dell Inc , the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours.

SEATTLE: Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on May 28, even as the global downturn hit technology spending, helping its shares rise after hours, according to Reuters.

OmniVision Technologies Inc. , which makes image-sensing chips, said Thursday it booked a loss for its fiscal fourth quarter as sales tumbled and margins were squeezed by lower prices. But results still topped Wall Street expectations, sending shares up 6 percent in after-hours trading.

Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours.

Dell posts a steep drop in profit, but the decline isn’t as bad as Wall Street expected, helping to minimize declines in the broader technology sector.

Shoe retailer DSW Inc. posted a decline in its first-quarter profit Wednesday as same-store sales dropped amid the economic turmoil.

SAN FRANCISCO, May 27 (Reuters) - Digital video recorder maker TiVo Inc reported stronger-than-expected results as it managed to control costs, helping its shares rise 2 percent. The company said on Wednesday it swung to a net loss of $4.1 million, or 4 cents a share, in the fiscal first quarter ended April 30, from a profit of $3.6 million, or 4 cents a share, in the year-ago period. The …

Sigma Designs Inc.’s (SIGM) fiscal first-quarter profit dropped 58% on lower sales and margins as well as a tax-related charge. Shares rose 2.8% to $17.10 in after-hours trading as the chip maker’s results topped Wall Street’s expectations.

Digital video recorder maker TiVo Inc reported stronger-than-expected results as it managed to control costs, helping its shares rise 2 percent.

Shares of the digital-video recording firm reverse lower in late trading after it said it lost less money than expected.

Raleigh-based Highwoods Properties has put together a syndicate of three investment banks, with Merrill Lynch in the lead, to sell 5.8 million shares of common stock. (HIW)

Cree shares jumped above $30 in after-hours trading Tuesday, the highest level in more than a year, after the Durham company raised its revenue and profit targets for the current quarter.

Cree Inc., citing stronger-than-expected orders for its light-emitting diodes and LED lighting products, on Tuesday raised its revenue and profit targets for the fiscal fourth quarter. Investors responded by boosting the Durham company’s shares in after-hours trading.

Donaldson Co. Inc., which makes filtration systems, on Tuesday again lowered its full-year profit guidance and forecast sales below current Wall Street expectations, sending shares tumbling in after-hours trading.

LED lighting company Cree Inc. boosted its fourth-quarter revenue guidance late Tuesday on stronger-than-expected booking trends, sending shares higher in after-hours trading.

Cree shares jumped above $30 in after-hours trading this afternoon, the highest level in more than a year, after the Durham company raised its revenue and profit targets for the current quarter.

Cree rises 8% in late trading after the lighting company raises its outlook.

May 26 (Bloomberg) — Hong Kong stocks fell as investors took profit amid political tensions after Yonhap News reported that North Korea test fired two short-range missiles.

May 26 (Bloomberg) — Russia’s Micex Index fell for a second day, led by banking shares as the ruble declined the most against the dollar in more than a month.

UAE shares retreat on profit taking

DUBAI - UAE shares retreated on Monday, with the Dubai bourse weighed down by Emaar Properties, while energy stocks fell in Abu Dhabi.

(Corrects date in seventh paragraph.) May 25 (Bloomberg) — Crude oil futures fell below $61 a barrel, extending their decline amid speculation that this year’s 37 percent rally is unsustainable in light of poor economic data and a stronger dollar.

May 25 (Bloomberg) — International Monetary Fund First Deputy Managing Director John Lipsky said rising oil prices reflect expectations that the recession may be easing and that demand is poised to recover.

May 25 (Bloomberg) — Canada’s dollar weakened from the highest level in more than seven months as crude oil dropped and on speculation recent gains may be excessive.

May 25 (Bloomberg) — Brazil’s Bovespa index futures fell as oil prices slipped and investors speculated the highest valuations in at least five years may not be justified as global economic growth slows.

May 25 (Bloomberg) — Crude oil futures fell below $61 a barrel, extending their decline amid speculation that this year’s 37 percent rally is unsustainable in light of poor economic data and a stronger dollar.

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Obama hopes for leaner, meaner GM, Chrysler after complete restructuring

It was a great day for a reunion, in a spruced-up park designed for family-friendly fun.Particularly for this family. A century ago, the place was theirs.The name on the signs…

US official urges OPEC to stabilize oil as IEA warns of higher prices

B. of A. tops movers, GMAC needs to cut costs

NEW YORK – Clothing and personal care products retailer Limited Brands Inc . posted a surprise first-quarter profit on Wednesday, as its cost-cutting efforts offset lower sales.

Loading … NEW YORK (Dow Jones)–U.S. stock futures rose on Friday ahead of the Memorial Day break, as bears may take advantage of what could be light volumes to close out negative bets.

TO BORROW UP TO $12.5 MLN FROM $32 MLN DIP FACILITY * Court approves all first-day motions * Receives delisting notice from Nasdaq * Shares down 8 percent in after-hours trading May 22 (Reuters) - TXCO Resources Inc, which filed for Chapter 11 bankruptcy protection on Monday, said it received court approval to borrow up to $12.5 million under its proposed $32 million debtor-in-possession (DIP) …

Nasdaq shares tip lower in a quiet after-hours trading session, with Bank of America topping Big Board movers.

Engineering software maker Autodesk Inc. beat Wall Street’s quarterly earnings expectations and announced new job cuts to save money Thursday, sending its shares up 13 percent after hours. Related: Autodesk - Wall Street - Business and Economy - Business - Technology

Verigy Inc., which makes test equipment for semiconductor makers, on Thursday reported a fiscal second-quarter loss, reversing a year-ago profit, as demand dropped for its products and services. But the results were better than analysts expected, sending Verigy shares up $1.24, or 11 percent, in after-hours trading.

SINGAPORE (Dow Jones)–Asian share markets were falling Friday with fiscal and economic concerns dragging on sentiment. Stocks tied to a recovery in growth, including technology and automotive shares, were leading the way lower.

LOS ANGELES, May 21 (Reuters) - Engineering software maker Autodesk Inc beat Wall Street’s quarterly earnings expectations and announced new job cuts to save money on Thursday, sending its shares up 13 percent after hours. The company, which said in January it would cut 750 jobs, or about 10 percent of its workforce, is to cut a further 430 jobs and close some facilities, taking restructuring …

Sears Swings To First-quater Profit; Shares Rise

Shares of Gap Inc. advance after the retailer tops forecasts for lower quarterly profit, while Autodesk shares surge after the software maker says it will cut jobs.