This Day On The Street
Continue to site
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

Tuesday's Late Winners & Losers

Stocks continued their downward spiral after the bell Tuesday, largely on earnings reports, as the vast majority of the top after-hours movers trailed into the red.

Networking-equipment giant Cisco (CSCO - Get Report) sank 5.3% in heavy trading after reporting first-quarter profits, which, while a penny better per share than expected, disappointed more optimistic investors. Shares of the San Jose, Calif., company were off $1.51 to $26.85.

Electronic Arts (ERTS), of Redwood City, Calif., was also traded actively after guiding well below analysts' expectations for the quarter ended June 30. Shares were down 2.7% to $51.50.

Also sliding on a soft outlook was Physicians Formula (FACE). The Azusa, Calif., cosmetics maker lost 10.1% to $19.73 after predicting second-quarter adjusted earnings of 2 cents to 5 cents a share on revenue ranging between $24.5 million and $25.5 million. Two analysts polled by Thomson Financial are seeking profit of 18 cents a share on $28.6 million in sales.

Allscripts Healthcare Solutions (MDRX - Get Report), a Chicago-based purveyor of prescription-management software, posted $65 million first-quarter revenue, which just missed analyst estimates. Shares gave up 7.9% to $24.92.

Elsewhere in the crowded negative territory, Chesapeake Energy (CHK - Get Report) sank 3.3% to $34.11 after the oil-and-gas driller offered $1 billion in contingent convertible senior bonds. The Oklahoma City-based company plans to pay off current debt with the proceeds.

There were some winners, however, among them True Religion Apparel (TRLG). The California-based company gained 8.6% to $16.99 after maintaining its in-line 2007 outlook -- $1.24 to $1.27 per-share earnings on $167 million in sales -- despite lower-than-expected first-quarter profits and sales. Energy Conversion Devices (ENER), which makes products for alternative-energy generation and other uses, said fiscal third-quarter revenue was $27.4 million -- slightly better than Street projections -- and forecast higher-than-anticipated next-quarter sales, as well. The Rochester Hills, Mich., company added 2.3% to $36 in recent late trading.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
TRLG $0.00 0.00%
CHK $6.87 0.00%
CSCO $27.49 0.00%
MDRX $13.40 0.00%
AAPL $93.74 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs