Monday's Late Winners & Losers

Most stocks rebounded after the market dipped to close Monday's regular session down, among them the heavily traded Texas Instruments (TXN Quote), which vaulted 9% to $35.31 on positive first-quarter results.

The Dallas-based semiconductor company's 35-cent per-share profits gained 2 cents on last year and comfortably beat Thomson Financial's 31-cent analysts' expectations. Second-quarter earnings should top estimates, as well.

Semiconductor-equipment maker Mindspeed Technologies (MSPD Quote) jumped 11.3% to $2.26 after losing exactly as much money as the Street had predicted, as well as announcing it will probably achieve operating profitability in the next quarter. Altera (ALTR Quote) was another semiconductor winner after hours, climbing 6% to $22.60 after coming in a penny over first-quarter estimates.

Elsewhere, Fort Collins, Colo.-based Woodward Governor (WGOV Quote), which makes energy-control systems and aircraft-engine components, nearly doubled its fiscal second-quarter earnings to 63 cents a share, leaving Wall Street's 51-cent targets in the dust. Shares jumped 11.1% to $47.69.

Also reporting dizzying first-quarter gains over last year were small-cap medical-transcription firm Transcend Services (TRCR Quote), based in Atlanta, lately soaring some 18% to $11.42, and Express Scripts (ESRX Quote), which also handily topped projections and sharply lifted 2007 guidance. The Missouri-based pharmacy-benefit-management firm rose 4.2% at $92.60 after hours.

Among today's postbell losers was semiconductor-subsystems maker Ultra Clean (UCTT Quote), which sank 14.4% to $16.77 after pegging second-quarter sales at $100 million to $110 million. The consensus calls for $111.4 million. Phoenix-based Radyne (RADN Quote), a communications-equipment maker, saw a 3-cent per-share income slide year over year to 10 cents a share in the first quarter, missing targets by a nickel. Shares dropped 5.4% at $9.12.

Finally, packaging maker Pactiv (PTV Quote) was off 2.8% after falling short of the Street's $689.9 million mean sales estimate, as well as forecasting second-quarter income of 45 cents to 49 cents a share. Analysts are seeking 51 cents a share. Shares of the Illinois-based outfit shed $1 to $35.26 in recent late trading.