StreetInsider.com After-Hours Movers 03/28

March 28, 2007 6:03 PM EDT

StreetInsider.com After-Hours Movers:

Rio Narcea Gold Mines, Ltd. (AMEX: RNO) 9% HIGHER; reports record 2006 results. Record revenues of $225.7 million, a 114% increase over 2005. Record net income of $70.7 million, after a loss of $37.8 million from derivatives and an income tax benefit of $20.4 million.

GOL Linhas Aereas Inteligentes (NYSE: GOL) 6% HIGHER; agreed with VarigLog and Volo, the controlling shareholders of VRG Linhas Aereas S.A., to acquire the total share capital of VRG.

RF Micro Devices, Inc. (Nasdaq: RFMD) 5.4% LOWER; confirmed its revenue and earnings per share guidance for Q4, but sees anticipate a slowdown in demand in Q1 2008.

Resources Connect (Nasdaq: RECN) 4% LOWER; reports Q3 EPS of $0.26, and $0.33 ex-items, versus the consensus of $0.27. Revenues were $187.5 million vs. $185.90 million consensus.

Eddie Bauer Holdings, Inc. (Nasdaq: EBHI) 3.85% LOWER; announced today that it plans to offer approximately $75 million aggregate principal amount of convertible senior notes due 2014.

Multi-Fineline Electronix, Inc. (Nasdaq: MFLX) 2.9% LOWER; said it does not expect to grow sequentially between the first and second quarters of fiscal 2007. On February 6, 2007, M-Flex said it expected sequential growth during the second fiscal quarter ending March 31, 2007.

Altera Corporation (NASDAQ: ALTR) 2.6% HIGHER; authorized a common stock dividend and an increase in the number of shares that may be repurchased. Altera will pay a quarterly dividend of $0.04 per share on June 1, 2007 to shareholders of record on May 10, 2007. Altera's board of directors has approved a 50 million share increase in the number of shares authorized for repurchase under the company's share repurchase program, bringing total to 57 million.

Create E-mail AlertRelated Categories

General News
Special Reports

Stocks Mentioned

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?