Bank of America Corporation (NYSE: BAC) may have gotten back on approval for a dividend hike, but now came word after the close from news reports that BofA is nearing a $16 billion to $17 billion settlement over mortgages tied back to the Countrywide days. Shares closed up 1.3% at $15.20 and the bank was up at $15.24 in after-hours trading.
DexCom, Inc. (NASDAQ: DXCM) said that its revenue grew by 64% to $58.2 million and total revenue grew by 64% to $58.8 million for the second quarter. While this generated a net loss of -$0.09 EPS, this was a penny better than expected on earnings and more than $6 million higher than expected in revenue. DexCom shares closed down 2.3% at $38.21 on Wednesday, but the shares were up over 6% at $40.80 in the after-hours.
Keurig Green Mountain, Inc. (NASDAQ: GMCR) turned in earnings of $0.99 EPS for its third quarter and raised guidance to $0.68 to $0.75 for its third quarter. Thomson Reuters had estimates of $0.88 EPS and $0.86 EPS, respectively. While the stock rose 0.3% in regular trading, Green Mountain shares were down almost 2% at $118.10 as sales appear to be not as robust as some expectations.
Jack in the Box Inc. (NASDAQ: JACK) said ‘what fast food pushback’ after its earnings. Same-store sales were up by 2.4% in its third quarter and the burger chain raised guidance to $2.38 to $2.45 EPS for the year. Its stock fell 3.6% to $55.45 in the regular trading session, but shares were up over 4% at $57.76 in the after-hours.
MBIA Inc. (NYSE: MBI) posted its second quarter earnings after the close, with earnings of $0.45 EPS – earnings $120 million on $187 million in revenues, and its adjusted book value per share was listed as $27.05. MBIA shares closed up 0.5% at $9.35 on the day and the stock was up almost 5% more at $9.79 in Wednesday’s after-hours session.
Molycorp, Inc. (NYSE: MCP) reported a $0.37 loss per share today after the market closed and it reported a $400 million financing arrangement. The take is that this may have saved what earnings could not. Going into earnings today Molycorp fluctuated between the range $1.95 and $2.06 eventually closing at $2.04. In the after-hours Molycorp was up about 10% at $2.26 in the wake of these earnings and this announcement.
Symantec Corporation (NASDAQ:SYMC) Symantec released its earnings after the market closed today reporting an earnings of $0.43 per share. Revenue also grew in the amount of 1.8% from last year to $1.74 billion. Despite an unenthusiastic day fluctuating between $23.47 and $23.89, and some good news from earnings the stock remains stagnate in the after-hours.
Thoratec Corporation (NASDAQ: THOR) was the king of tanks after the close on Wednesday. Its revenue of $118.1 million was $10 million shy of estimates, and the annual guidance of $455 to $470 million was under the estimate of $523 million. Thoratec shares were down almost 25% at $24.45 in active trading. A $30 million accelerated share buyback announcement did not help.
zulily, Inc. (NASDAQ: ZU) said that it was raising its full year guidance with earnings after its second quarter sales rose 97%, but it appears to not be enough. Shares rose 4% ahead of earnings to $39.37 on Wednesday, and the stock popped up on the headlines but then slid after the realization that the numbers were not as strong for the coming quarter(s).
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