Wednesday's Late Winners & Losers

The somewhat sluggish regular session was punctuated by the more successful financial sector Wednesday, but some financial stocks -- most notably, E*Trade (ETFC Quote) -- caught up to those losses after hours.

The most heavily traded stock, however, was a climbing eBay (EBAY Quote). The online auctioneer made 34% more than last year in the first quarter -- $460 million (on a non-GAAP basis), or 33 cents a share, compared with Thomson Financial's 30-cent analysts' estimates. Sales of $1.77 billion topped targets, as well. Shares added 2.4% to $35.28 in recent after-hours action.

Among other late winners, staffing-services firm Labor Ready (LRW Quote) soared 28.9% to $23.45 after handily beating top- and bottom-line first-quarter earnings estimates, as well as announcing a $100 million buyback program. Chemical Financial (CHFC Quote) shot up by 51.8% on its own stock repurchase authorization for 500,000 shares. The Michigan-based bank surged $14.98 to $43.92.

Returning to the post-bell financial losers, online broker E*Trade was among the most heavily traded after slashing full-year 2007 guidance to range between $1.55 to $1.75 a share. This leans slightly to the lower end of the consensus. Shares trailed $1.03, or 4.7%, to $21.10. First Horizon National (FHN Quote) was also on the downswing, lately losing 3.2% to $39.90 after posting lower-than-expected first-quarter income of 55 cents a share.

BankUnited (BKUNA Quote) shares were off 0.7% to $23 on news of a $160 million equity-unit offering, with an underwriter's option of around $24 million to cover any overallotments, and credit-card processor Alliance Data Systems (ADS Quote) sank 3.8% to $63.80 despite beating projections and raising its full-year cash-earnings guidance.