Tuesday's Late Winners & Losers

Intel(INTC Quote) was among a host of stocks trading lower after-hours Tuesday.

The Santa Clara, Calif., chipmaker posted a 44% increase in second-quarter profits but delivered disappointing profit margins. Intel traded down 4.9% to $25.05. Fellow chipmaker AMD(AMD Quote) also traded lower, down 2.2% at $15.50.

Yahoo!(YHOO Quote) fell 4.1% to $26.40 after the Internet company met analysts' second-quarter earnings expectation but guided lower for third-quarter and full-year revenue.

Bear Stearns(BSC Quote) got hit hard after the bell too, with the investment firm sinking 3.6% to $134.88. Why? Its two funds that nearly collapsed under the weight of subprime-mortgage exposure are now reportedly worth less than 10 cents on the dollar.

El Paso(EP Quote) fell after hours on news it has received a Wells notice from the Securities and Exchange Commission, which has been investigating the company's 2003 natural gas and oil reserves revisions. The notice implies that the SEC staff conducting the investigation has made a preliminary decision to recommend to the SEC that the regulatory agency institute an enforcement action against El Paso. The stock traded down 2.8% to $17.

On the winning side however was Champion Enterprises (CHB Quote), which posted earnings of $7.5 million, or 10 cents a share. Analysts were looking for 6 cents a share. Shares of the factory-built house maker ended the session up 6% higher but continued climbing after hours, moving 5% higher to $10.68.