After-hours trading was mixed and left most stocks little changed on Monday, but Nordstrom (JWN Quote) surged 9.6% higher after the fashion retailer came in past estimates for the fiscal third quarter.
The Seattle-based company posted a 22.1% earnings jump vs. last year to $165.7 million, or 68 cents a share. Sales grew 5.3% to $1.97 billion. Excluding a one-time, 9-cent gain per share, income tops Wall Street views by 7 cents a share, according to Thomson Financial. Revenue was likewise better than expected. Shares were up $2.94 to $33.46. Hewlett-Packard (HPQ Quote) was also advancing in heavy trading after the Palo Alto, Calif.-based tech giant beat on both top and bottom lines, delivering a non-GAAP profit of 86 cents a share on $28.29 billion in revenue. H-P also added another $8 billion to its share-buyback program. Shares climbed 1.8% to $50.35. Also among the postclose gainers was mortgage lender Countrywide (CFC Quote), which added 3% to recoup some of its steep regular-session losses. Real estate services firm CB Richard Ellis (CBG Quote) tacked on 1.1% to $18.95 and United Commercial Bank (UCBH Quote) rose 1.6% at $15.62. On the other hand, Focus Media (FMCN Quote) slid 6.3% on a penny miss for the third quarter. Excluding items, the China-based ad agency's bottom line jumped almost 50% to 43 cents per American depositary share, or $54.6 million, year over year. Analysts, however, were looking for 44 cents per ADS. Focus easily beat on revenue and projected above-par sales for the current quarter, but shares were still off $3.60 to $53.55 in recent after-hours action Among other late-trading losers, online broker E*Trade (ETFC Quote) extended its regular-session plunge by 1.3%, following a Goldman Sachs price-target cut this morning, and grocery-store operator Superavalu (SVU Quote) was off 1.9%. EchoStar Communications (DISH Quote), which surged during the trading day on word its nearing completion of a $29.5 billion buyout deal with AT&T (T Quote), retreated by 7.4% after market close. AT&T was up 23 cents at $37.98.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,297.45 | 1,090.27 | 2,167.95 | 34.08 |
Oil *
72.82
|
|
UP
11.48
|
DOWN
1.66
|
DOWN
5.04
|
UP
0.16
|
10 Yr
3.41%
SPDR Gold
110.86
|
|
+0.11%
|
-0.15%
|
-0.23%
|
+0.47%
|
Data delayed 20 minutes |














