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Shares of General Electric Company (NYSE: GE) climbed about 4.60% by afternoon trade. The diversified technology solutions provider’s revenue and non-GAAP earnings slipped in the fiscal second quarter from the year earlier period; however, adjusted earnings beat Wall Street’s expectation.
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Shares of PriceSmart Inc. (NASDAQ: PSMT) fell about 3.30% by afternoon trade. The warehouse club operator late on Wednesday said that fiscal third quarter net income rose 18%, aided by higher sales; nevertheless, adjusted earnings fell short of analysts’ estimation. Amid macroeconomic uncertainty, more and more U.S. consumers have been buying goods of daily needs [...]
Shares of Cisco Systems Inc. (NASDAQ: CSCO) rallied about 12 % by afternoon trade after the network equipment maker, late last evening, reported better-than-expected results for the fiscal third quarter while its guidance on the current quarter was also in-line with analysts’ consensus estimate.
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Shares of Advanced Micro Devices Inc. (NYSE: AMD) leaped about 13% on Monday after Bloomberg reported that the software giant, Microsoft Corp. (NASDAQ: MSFT) will be using AMD processors for its upcoming Xbox, videogame console as it looks to slash expenses for making machines and entice developers to roll out more game titles.
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Cree Inc. (NASDAQ: CREE) shares have risen sharply in early trading today after the Durham, North Carolina-based semiconductor company reported its second-quarter financial results.
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Shares of Cepheid (NASDAQ: CPHD), a molecular diagnostics company engaged in the development, manufacturing and marketing of integrated systems for testing in the Clinical market, are soaring in early trading today.
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Shares of J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), a provider of surface transportation and delivery services to a diverse group of customers and consumers throughout the continental U.S., Canada and Mexico, are soaring in trading today.
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California-based Semiconductor Giant, Advanced Micro Devices Inc. (NYSE: AMD) announced that its Senior Vice President and Chief Financial Officer, Thomas Seifert has informed the company of his decision to resign from the positions to pursue other opportunities.
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The following stocks were active in after-hours trading on Monday, September 17, 2012.
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The following are the major movers in trading on September 13.
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