This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Early Stocks in Motion

Avid Technology (AVID) reported a loss of $17.8 million, or 46 cents a share, for the third quarter, reversing a year-earlier profit of $19 million, or 54 cents a share. However, earnings before items were $24.2 million, or 60 cents a share, well above the analyst estimate of 46 cents a share. The maker of digital media production products said revenue for the quarter rose to $204.4 million from $147.4 million last year. Analysts expected revenue of $192.2 million. "We are especially pleased with the performance of our broadcast and storage solutions in our video division," said David Krall, president and chief executive. The stock jumped $4.17, or 9.5%, to $48 in after-hours trading.

Maximum Integrated Products (MXIM) said it earned $105.4 million, or 31 cents a share, for the first quarter ended Sept. 24, down from $144.5 million, or 45 cents a share, a year ago. Excluding items, the company earned $133.2 million, or 39 cents a share, matching analysts' mean estimate. The supplier of analog and mixed-signal products reported revenue for the quarter of $424.4 million, above Wall Street's forecast of $418.1 million. The stock fell $2.92, or 7.5%, to $36.04 in after-hours trading.

TechTeam Global (TEAM) said it earned $1.23 million, or 12 cents a share, for the third quarter, down from $1.52 million, or 16 cents a share, a year ago. The information-technology outsourcing provider said revenue rose 21.4% to $41.3 million from $34 million last year. The two analysts polled by Thomson First Call had an average estimate for the company to earn 18 cents a share on revenue of $44.2 million. The stock was down $1.90, or 15.6%, to $10.25 in after-hours trading.

@Road's (ARDI) third-quarter earnings rose to $33.4 million, or 54 cents a share, from $2.9 million, or 5 cents a share, a year ago. The results included a tax benefit of $34.2 million. The provider of mobile resource management said revenue rose 31% to $25 million from $19.1 million last year. Analysts expected a loss of 3 cents a share on revenue of $23.5 million. "We believe that market momentum continues to build, and we are looking for customer demand for both our hosted solutions and licensed software to continue to grow," said Krish Panu, president and chief executive, in a statement. The stock was up 55 cents, or 12.4%, to $4.99 in after-hours trading.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs