Peerless Systems

(PRLS)

, a provider of advanced imaging and networking technologies, said it earned $414,000, or 2 cents a share, for the first quarter ended April 30, compared with a loss of $4.1 million, or 26 cents a share a year ago. Revenue for the quarter increased 107% to $7.2 million from $3.5 million, a year ago. The stock was up 56 cents, or 16.52%, to $3.95 in after-hours trading.

J.P. Morgan Chase

(JPM) - Get Report

announced its private equity affiliate J.P. Morgan Partners agreed to acquire Hanley Wood, a leading business-to-business media company that serves residential and commercial construction industries, from Veronis Suhler Stevenson. The companies said that when the all accounts are settled, the deal will represent the second largest business-to-business media transaction in the U.S. The stock was up 4 cents, or 0.11%, to $35.98 in after-hours trading.

Ditech Communications

( DITC) posted a profit of $7.6 million, or 23 cents a share, for the fourth quarter ended April 30, versus $8.3 million, or 24 cents a share, a year ago. Revenue for the quarter was $23 million. Analysts expected earnings of 22 cents a share on revenue of $23.4 million. For the first quarter, the company expects revenue of $10 million to $11 million, while Wall Street was expecting revenue of $24 million. The stock was down $4.46, or 35.42%, to $8.13 in after-hours trading.

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Credence Systems

( CMOS) reported a loss of $19.5 million, or 21 cents a share, for the second quarter ended April 30, compared with a loss of $36.3 million, or 41 cents a share, a year ago. Revenue for the quarter was $101.9 million. Excluding items, the company lost $8.6 million, or 9 cents a share. Analysts expected a loss of 14 cents on revenue of $97.5 million, according to Thomson First Call. For the third quarter, the company expects a pro forma loss of 1 cent to 4 cents a share on revenue of $104 million to $109 million. Wall Street was expecting a loss of 5 cents on revenue of $108 million. The stock was up 78 cents, or 10.8%, to $8 in after-hours trading.

TCF Financial

(TCF) - Get Report

announced its board authorized a new program to repurchase up to 5% of it common stock outstanding, or 6.7 million shares. The stock was unchanged at $25.66.

Bunge Limited

(BG) - Get Report

announced that its board has approved a 15% increase in its quarterly dividend from 13 cents to 15 cents. The next dividend is payable August 29 to shareholders of record as of Aug. 15. The stock was unchanged at $60.20.