After-Hours Movers 9/18: ORCL, TXN, NVDA, RVSB Higher; IHS Lower

September 18, 2008 5:40 PM EDT

IHS Inc. (NYSE: IHS) 7% LOWER; signed a definitive agreement to acquire Global Insight, Inc. for $200 million. The transaction will be completed with approximately 60% cash and 40% IHS common stock.

Oracle (Nasdaq: ORCL) 5.6% HIGHER; reports Q1 EPS of $0.29, ex-items, 2 cents better than the analyst estimate of $0.27. Revenues for the quarter were $5.3 billion, versus the consensus of $5.42 billion.

Texas Instruments Incorporated (NYSE: TXN) 2% HIGHER; announced that it plans to raise its quarterly cash dividend 10% to $0.11 per share, resulting in annual dividend payments of $0.44 per share.

NVIDIA Corporation (Nasdaq: NVDA) 1.4% HIGHER; expects to eliminate approximately 360 positions worldwide, or about 6.5% of the Company's global workforce. The reduction is expected to be completed by the end of Q309. The Company expects to record restructuring-related charges of approximately $7-$10 million in Q309 in connection with the reduction.

Riverview Bancorp (Nasdaq: RVSB) 1% HIGHER; announced that its Board declared a quarterly cash dividend of $0.045 per share.


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Stocks Mentioned

IHS 53.18

+3.21 +6.42%
Volume: 369,872
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NVDA 13.72

+0.40 +3.00%
Volume: 15,058,532
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ORCL 22.66

+0.22 +0.98%
Volume: 21,160,810
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RVSB 2.86

+0.08 +2.88%
Volume: 3,770
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TXN 25.96

+0.02 +0.08%
Volume: 20,674,110
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