Send to a Friend Share

After-Hours Movers 10/05: (ZUMZ) (CMTL) (GLW) Higher; (RT) (YHOO) (PFE) Lower

October 5, 2011 6:11 PM EDT
ZUMZ Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
Zumiez (Nasdaq: ZUMZ) 15% HIGHER; reports a 10.1 percent rise in same-store sales during September. Raises its Q3 EPS guidance from 37-39 cents to 40-41 cents, which compares to the Street estimate of 40 cents. Sales guidance raised to $150-$152 million, which compares to the Street estimate of $149.3 million.

Comtech Telecommunications Corp. (Nasdaq: CMTL) 6.8% HIGHER; is ripping higher following a headline that it is attracting interest from potential bidders. Shares are up about 6.5 percent after-hours.

Ruby Tuesday, Inc. (NYSE: RT) 6% LOWER; reported Q1 EPS of $0.05, $0.01 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $330.3 million versus the consensus estimate of $334.03 million. Comps down 4.1%. Reaffirms FY12 outlook.

Corning (NYSE: GLW) 5.8% HIGHER; announces $1.5 billion buyback program, raises its quarterly dividend to $0.075.

Yahoo! (Nasdaq: YHOO) 4% LOWER; Microsoft (Nasdaq: MSFT) is not interested in buying Yahoo! but will watch the developments, All Things D reported. From Kara Swisher's article: "According to my sources, throughout this entire process Microsoft execs have taken pains to make it clear that they are not going to be among the bidders in any significant manner."

General Dynamics (NYSE: GD) 1.1% HIGHER; today authorized management to repurchase up to 10 million shares of the company's issued and outstanding common stock on the open market.

Pfizer (NYSE: PFE) 0.6% LOWER; are not yet responding to headlines from the WSJ the company has halted its study for Lyrica. A source said Pfizer cited efficacy of the latest trial.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Special Reports

Related Entities

Dividend, After-Hours Movers

Add Your Comment





Follow StreetInsider.com On Twitter