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

Wednesday's Late Winners & Losers

Stocks were trending lower after the close Wednesday, despite a heavily traded Starbucks (SBUX - Get Report), which climbed 2.6% on in-line earnings for the fiscal third quarter.

The Seattle-based coffee chain said it made $158.3 million, or 21 cents a share, vs. 18 cents a share last year. Same-store sales were up 4% and total revenue, at $2.36 billion, was just under consensus. Shares climbed 70 cents to $27.90.

Joining Starbucks in the green was Sirenza Microdevices (SMDI). The Colorado semiconductor maker reported pro forma earnings of 17 cents a share in the second quarter. That beat the comparable period last year by a penny and the average analyst estimate by 3 cents, according to Thomson Financial. Shares jumped $1.08, or 9.7%, to $12.20.

California's Invitrogen (IVGN), meanwhile, bounced 7% to $76, after careening past Wall Street expectations with continuing-operations income of $1.15 a share. Analysts were looking for 76 cents a share.

Among those on the downswing, however, was California-based semiconductor concern Atmel (ATML - Get Report). The company broke even with a $678,000 profit in the second quarter on sales of $404.2 million. Analysts were looking for penny-a-share income on $402.6 million in sales. Shares were off 1.9% to $5.20.

Elsewhere, CompuCredit (CCRT), based in Atlanta, was shedding 3.2% to $24.50 after swinging to a second-quarter loss. The company lost $11 million, or 23 cents a share, compared to a profit of $28.3 million, or 56 cents a share in the year-ago period.

And video-game developer Electronic Arts (ERTS) saw jumpy trading on a widening non-GAAP loss of $69 million, or 22 cents a share, in the fiscal first quarter. That tops estimates, but the California-based company also pegged next-quarter non-GAAP income at 10 cents to 20 cents a share -- at least 13 cents below estimates. Shares fell after-hours before recently adding 10 cents to $48.20.

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
ATML $8.63 -0.23%
SBUX $61.36 -0.05%
AAPL $117.34 -0.81%
FB $107.12 2.76%
GOOG $767.04 3.29%


Chart of I:DJI
DOW 17,888.35 +168.43 0.95%
S&P 500 2,102.63 +22.22 1.07%
NASDAQ 5,156.3060 +47.64 0.93%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs