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After Hours Stock Movers 12/12: (CNDO) (TXI) (ADBE) Higher; (APC) (RH) (XOMA) Lower (more...)

December 12, 2013 6:10 PM EST Send to a Friend
Coronado Biosciences, Inc. (Nasdaq: CNDO) 21.4% HIGHER; announced that Dr. Eric Hollander, Clinical Professor of Psychiatry and Behavioral Sciences at Albert Einstein College of Medicine of Yeshiva University and Director of the Autism and Obsessive Compulsive Spectrum Program at Montefiore Medical Center and Einstein, presented interim data from his pilot study of oral TSO (Trichuris suis ova or CNDO-201) to treat autism at the American College of Neuropsychopharmacology Annual Meeting in Hollywood, Florida.

Anadarko Petroleum (NYSE: APC) 11.9% LOWER; A judge ruled Anadarko and its Kerr-McGee unit acted improperly in the 2005 spinoff of Tronox and should should be liable for the environmental cleanup and claims.

Restoration Hardware Holdings (NYSE: RH) 11.9% LOWER; reported Q3 EPS of $0.32, $0.04 better than the analyst estimate of $0.28. Revenue for the quarter came in at $395.8 million versus the consensus estimate of $390.76 million. Comps were up 39% Restoration Hardware Holdings sees FY2013 EPS of $1.71-$1.74, versus prior guidance of $1.65-$1.7 and the consensus of $1.7.

Texas Industries Inc. (NYSE: TXI) 11.7% HIGHER; reports the company hired Citi to explore a sale.

XOMA (NASDAQ: XOMA) 7.4% LOWER; announced today it is offering to sell, subject to market and other conditions, shares of its common stock pursuant to an effective shelf registration statement in an underwritten public offering. XOMA also expects to grant the underwriters a 30-day option to purchase up to an additional 15 percent of the shares of common stock offered in the public offering. The size of the offering was not announced.

Adobe Systems, Inc. (Nasdaq: ADBE) 7% HIGHER; reported Q4 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $1.03 billion.Sees Q1 2014 EPS of $0.22 - $0.28, versus the consensus of $0.34. Also sees Q1 2014 revenue of $950 million to $1 billion, versus the consensus of $1.020 billion. Sees FY2014 adjusted EPS of $1.10, versus the consensus of $1.60.

TCP Capital Corp. (Nasdaq: TCPC) 5.1% LOWER; announced that it has commenced a public offering of 3.75 million shares of its common stock. The Company expects to grant the underwriters an option for 30 days to purchase up to an additional 562,500 shares of common stock. The offering of the shares will be made under the Company’s shelf registration statement, which was filed with, and declared effective by, the Securities and Exchange Commission.

Intel Corporation (NASDAQ: INTC) 1.9% LOWER; Google considering making its own server chips

AMD (NYSE: AMD) 1.9% LOWER; Google considering making its own server chips

Quiksilver, Inc. (NYSE: ZQK) 1% LOWER; reported Q4 EPS of ($0.04), $0.09 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $476 million versus the consensus estimate of $516.19 million.




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