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After Market Movers on September 17; DOLE, AMD, HNI, AUO, AAPL, BAC, INTC

The following stocks were active in after-hours trading on Monday, September 17, 2012.

Dole Food Co. Inc. (NYSE: DOLE) shares surged 3.65 percent to $14.20 in aftermarket trading hours on Monday. The company announced Monday that it has signed a definitive deal with Japan’s ITOCHU Corporation for the sale of Dole’s worldwide packaged foods unit and Asia fresh produce businesses in a cash-deal estimated at $1.685 billion.

Based in Westlake Village, California, Dole Food is a producer, marketer and distributor of fresh fruit and vegetables.

Advanced Micro Devices Inc. (NYSE:AMD) shares tumbled  7.48% in aftermarket hours after the company revealed that its senior vice president and chief financial officer Thomas Seifert was leaving the company to pursue some other interests.

Sunnyvale, California-based Advanced Micro Devices is a global semiconductor company.

HNI Corp. (NYSE:HNI) shares slumped 12.02 percent to $27.00 in after-trading hours as the company downwardly revised its third quarter earnings outlook. The company now anticipates the third quarter net profit to come at $0.55 a share, down from its earlier projection of $0.65 to $0.70 a share. The new estimate also falls short of analysts’ consensual projection for $0.67 cents a share.

HNI is a provider of office furniture and hearth products, operating in two segments; office furniture and hearth products.

AU Optronics Corp. (ADR) (NYSE:AUO) shares jumped 3.95 percent to $3.95 in aftermarket trading. The company announced on Monday that it was included in Dow Jones Sustainability World Index (DJSI World) besides; it also leads the Computer Hardware & Electronic Office Equipment (THQ) sector of DJSI World for three consecutive years.

Taiwan-based AU Optronics is engaged in the research, development, design, manufacture and distribution of flat panel displays.

Apple Inc. (NASDAQ: AAPL) shares extend their gains in after-hours trading on Monday. Earlier in regular trading, shares of the iPhone maker hit a new all-time high of $699.80 on success of the new iPhone 5. The iPhone 5 was unveiled last week by the Cupertino, California-based company and has already seen significant demand.

Apple shares ended 1.23% higher at $699.78 in regular trading on Monday. In after-hours trading, the stock crossed the $700 mark, gaining 0.30% to $701.90.

Bank of America Corp. (NYSE: BAC) shares fell marginally in after-hours trading on Monday after falling sharply in regular trading session. BAC shares fell 2.62% to $9.30 in regular trading session. The stock touched an intra-day low of $9.27 in regular trading.

BAC shares extended their losses in after-hours trading, falling another 0.22% to $9.28.

Charlotte, North Carolina-based Bank of America is a financial holding company serving individual consumers, small and middle market businesses, corporations and governments with a range of banking, investing, asset management and other financial and risk management products and services.

Intel Corp. (NASDAQ: INTC) shares rose marginally in after-hours trading on Monday. Earlier in regular trading, INTC shares ended 0.26% lower at $23.31 on volume of 36.17 million. The stock hit an intra-day low of $23.16 in regular trading sessions.

INTC shares recovered slightly in after-hours trading, gaining 0.04% to $23.32.

Santa Clara, California-based Intel is a designer and manufacturer of integrated digital technology platforms.


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