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After-Hours Movers 03/05: (MWW) (SHFL) Higher; (SKUL) (NTRI) (RAS) (JAZZ) Lower

March 5, 2012 5:43 PM EST
Skullcandy, Inc. (Nasdaq: SKUL) 8.2% LOWER; announced that Mitch Edwards, Chief Financial Officer and General Counsel, has advised the Company of his decision to resign to pursue other opportunities, including charitable and humanitarian activities.

NutriSystem, Inc. (NASDAQ: NTRI) 7.7% LOWER; reported Q4 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $66.9 million versus the consensus estimate of $64.43 million. Sees Q1 loss of 5-10 cents, which compares to the Street estimate of a 10 cent gain. Sees FY12 EPS of 45-55 cents, vs. the consensus of 92 cents.

Monster Worldwide, Inc. (NYSE: MWW) 7.5% HIGHER; today announced that it has retained Stone Key Partners LLC and BofA Merrill Lynch as financial advisors in connection with its review of strategic alternatives, which was previously announced by the Company on March 1, 2012.

RAIT Financial Trust (NYSE: RAS) 5% LOWER; has commenced an underwritten public offering of 6,950,000 common shares. The Company expects to grant the underwriter a 30-day option to purchase up to 1,042,500 additional common shares.

Shuffle Master, Inc. (NASDAQ: SHFL) 3.6% HIGHER; reported Q1 EPS of $0.09, $0.02 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $56.1 million versus the consensus estimate of $51.11 million. The company entered into a definitive agreement to acquire Ongame Network Ltd., from bwin.party Services (Austria) GmbH.

Jazz Pharmaceuticals plc (Nasdaq: JAZZ) 3.5% LOWER; today announced an underwritten public offering of 7,883,366 of its ordinary shares held by certain of its existing shareholders.

Quality Distribution, Inc. (Nasdaq: QLTY) 3.4% LOWER; to offer approximately 5,000,000 shares of its common stock. Quality is offering for sale to the public 2,500,000 shares of its common stock and certain affiliates of Apollo Management, L.P. are offering for resale to the public approximately 2,500,000 shares of Quality's common stock owned by them.

Plains All American Pipeline, L.P. (NYSE: PAA) 3.1% LOWER; has commenced, subject to market conditions, an underwritten public offering of 5,000,000 of its common units representing limited partner interests. The Partnership also intends to grant the underwriters a 30-day option to purchase up to 750,000 additional common units to cover over-allotments, if any.

Equity One, Inc. (NYSE: EQY) 2.1% LOWER; announced today a public secondary offering of 4,060,606 shares of its outstanding common stock by CSC Ventures Limited, a stockholder of the Company and subsidiary of Capital Shopping Centres Group PLC.


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