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Early Stocks in Motion

Chesapeake Energy beats estimates.

Chesapeake Energy

(CHK) - Get Report

said it earned $119.5 million, or 36 cents a share, for the first quarter ended March 31, versus $104.4 million, or 38 cents a share, a year ago. Revenue for the quarter was $783.5 million. Excluding certain items, the company earned $192.6 million, or 56 cents a share. Analysts expected profits of 50 cents a share on revenue of $771 million. The stock added a penny to $20 in premarket trading.

General Electric

(GE) - Get Report

said it received a subpoena from the New York office of the

Securities and Exchange Commission

seeking documents relating to the company's finite-reinsurance products. Such "loss-mitigation" instruments have been targeted by regulators at other insurance companies including

American International Group

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. GE said it believes its accounting has been proper and promised to cooperate with the probe. The stock was down 34 cents, or 0.94%, to $35.91 in after-hours trading.

Electronic Data Systems

(EDS)

said it earned $4 million, or a penny a share, for the first quarter ended March 31, compared to a loss of $12 million, or 2 cents a share a year ago. Revenue for the quarter was $4.94 billion. Excluding certain items, the company earned $35 million, or 7 cents a share. Analysts expected profits of 3 cents a share on revenue of $4.9 billion, according to Thomson First Call. For the second quarter, the company expects a loss of 2 cents to 7 cents a share on revenue in the range of $5 billion to $5.2 billion. Wall Street was expecting a profit of 11 cents a share on revenue of $5.07 billion. The stock was up 9 cents, or 0.46%, to $19.52 in after-hours trading.

Career Education

(CECO) - Get Report

said it earned $55.9 million, or 53 cents a share, for the first quarter ended March 31, versus $38.6 million, or 37 cents a share, a year ago. Revenue for the quarter was $512.3 million. Income from continuing operations was $61.6 million, or 59 cents a share. Analysts expected earnings of 51 cents a share on revenue of $503.6 million, according to Thomson First Call. Looking to the second quarter, the company expects to earn 47 cents a share on revenue of $510 million. Analysts were expecting profits of 46 cents a share on sales of $499 million, according to Thomson First Call. The stock was up $2.61, or 8.12%, to $34.76 in after-hours trading.

Macrovision

(MVSN)

said it earned $5.5 million, or 11 cents, a share, for the first quarter ended March 31, compared to $10.8 million, or 21 cents a share, a year ago. Revenue for the quarter was $51.3 million. Excluding certain charges, the company earned $11.5 million, or 22 cents a share. Analysts expected earnings of 18 cents a share on revenue of $50 million, according to Thomson First Call. For the second quarter, the company expects to earn 15 cents to 17 cents on revenue in the range of $47 million to $49 million, below Wall Street's forecast of 21 cents a share on revenue of $51.5 million. The stock was down $1.14, or 5.55%, to $19.40 in after-hours trading.