After-Hours Movers 7/14: INTC, BEXP, YRCW, HCSG, ALTR Higher; PAR, SMIT, JNS, JBHT, YUM Lower

July 14, 2009 5:41 PM EDT

3PAR (NYSE: PAR) 22.5% LOWER; sees Q1 sales of $44.2-$44.5 million, versus the company's earlier guidance of $48-$50 million and the consensus of $49.1 million. 3PAR sees a non-GAAP loss for the quarter in the range of $0.01-$0.00, versus the consensus of $0.01 profit. Sees FY10 sales of $190-$205 million. The company said, "Assuming our gross margins remain in the range of recently experienced levels, for the full year of fiscal 2010, the Company expects non-GAAP earnings per share to be in the range of $0.00 to $0.10."

Schmitt Industries, Inc. (NASDAQ: SMIT) 13.7% LOWER; reports a Q4 loss of $0.63 compared to a $0.14 profit for the same period last year. Sales for the three months ended May 31, 2009, were $1,556,795, compared to $3,160,220 for the same period last year.

Janus Capital Group Inc. (NYSE: JNS) 9.6% LOWER; today announced that it has commenced a public offering of $150 million of its common stock and $150 million principal amount of convertible senior notes due in 2014. Also reported Q2 EPS of $0.10, 3 cents better than the analyst estimate of $0.07. Revenue for the quarter was $200.2 million, versus the consensus of $179.34 million. The JCG Board of Directors also announced today that Gary Black has resigned as CEO, effective July 13, 2009. Tim Armour, a Janus Capital Group Director, has been named CEO on an interim basis.

J. B. Hunt Transport Services, Inc., (NASDAQ: JBHT) 8.2% LOWER; reports Q2 EPS of $0.23, ex-items, versus the analyst estimate of $0.31. Revenue for the quarter was $770 million, versus the consensus of $799.44 million.

Intel Corporation (Nasdaq: INTC) 7.6% HIGHER; reports Q2 EPS of $0.18, 10 cents better than the analyst estimate of $0.08. Revenue for the quarter was $8 billion, versus the consensus of $7.28 billion. Sees Q3 sales of $8.1-$8.9 billion, versus the consensus of $7.8 billion.

Brigham Exploration Company (NASDAQ: BEXP) 6.6% HIGHER; announced that the Strobeck 27-34 #1H produced approximately 2,021 barrels of oil equivalent per day from the Three Forks formation during its early 24 hour flow back period. Brigham also provided an update on its operated and non-operated drilling activity in the Williston Basin. Click here for the full report.

YRC Worldwide Inc. (Nasdaq: YRCW) 5.6% HIGHER; announced significant progress on its previously announced comprehensive plan to realize efficiencies from the YRC integration, restore financial strength, and position its operating companies for future success. Here is the full report.

Healthcare Services Group, Inc. (NASDAQ: HCSG) 4.1% HIGHER; reports Q2 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter was $170.896 million, versus the consensus of $168.55 million. Also boosted its quarterly dividend by 6% to $0.19.

Yum! Brands, Inc. (NYSE: YUM) 4% LOWER; reports Q2 EPS of $0.63, or $0.50 ex-items, 7 cents better than the analyst estimate of $0.43. Revenue for the quarter was $2.48 billion, versus the consensus of $2.50 billion. Reaffirms forecast. Reduces expectations for same stores sales around the world but raises its restaurant margin expectations due to deflation in commodity costs.

Altera Corporation (NASDAQ: ALTR) 3.6% HIGHER; reports Q2 EPS of $0.16, in-line with estimates. Revenues were $279.2 million vs. $277.63 million consensus. Sees Q3 sales down 1-5% and gross margin of 67% +/- 0.5%.

UCBH Holdings, Inc. (NASDAQ: UCBH) 3.3% LOWER; today announced an action plan to strengthen and preserve capital, aggressively manage its loan portfolio and nonperforming assets, and improve core business performance. Click here for the full report.

To get this report daily, visit http://www.streetinsider.com/entities/After-Hours+Movers.

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