Immucor (BLUD) topped Wall Street expectations for its second-quarter results. The company said it earned $21.1 million, or 30 cents a share, in its fiscal second quarter ended Nov. 30, up from a year-ago profit of $19.7 million, or 28 cents a share, and 3 cents ahead of the average estimate of analysts polled by Thomson Reuters.
There were no premarket quotes for Immucor. Shares of the company rose 6.2% to $20.50 in after-hours trading Thursday.
Saba Software (SABA) reported disappointing quarterly results. The company posted a non-GAAP [generally accepted accounting principles] profit of $543,000, or 2 cents a share, for the three months ended Nov. 30, well below the average estimate of two analysts polled by Thomson Reuters for earnings of 7 cents a share.
No premarket trades were reported for the stock. Saba tumbled by 12.1% to $5.51 in after-hours trading Thursday.
American International Group (AIG) agreed to pay $450 million to resolve legal disputes with competitors, according to the Wall Street Journal. The company announced on Friday that its board declared a dividend of about 75 million warrants to buy shares of AIG common stock at $45 a share, to be distributed to shareholders on Jan. 19. AIG was higher by **3.3% to $62.43** in premarket trading.
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