NEW YORK --
pulled off Thursday a surprise deal to acquire
( KYAK) for $1.8 billion in cash and stock, valuing the shares at $40 each.
Kayak shares jumped almost 27% in after-hours trading Thursday to $39.30.
, the media and entertainment giant, posted an in-line quarterly profit on Thursday with net income rising 14% but came up short of analysts' estimates on the top line.
, the online deals company, reported a surprise loss for its third quarter with revenue of $568.6 million missing Wall Street's consensus view of $590.1 million.
posted third-quarter profit of $146 million, or 71 cents a share, compared with $127 million, or 59 cents a share, a year earlier. Revenue rose 14%.
Nordstrom narrowed its full-year profit outlook to a range of $3.45 to $3.50 a share from guidance of $3.40 to $3.50 a share the retailer issued in August.
Allscripts Healthcare Solutions
said Thursday it's exploring strategic alternatives, perhaps selling itself to a third party.
Shares of the provider of electronic health record services rose as much as 10% in after-hours trading Thursday.
is expected to post third-quarter results before Friday's opening bell and analysts expect the retailer to post a loss of 7 cents a share on revenue of $3.27 billion. In the same period a year earlier, J.C. Penney earned 11 cents a share on revenue of $3.99 billion.
Other companies reporting quarterly results on Friday include
-- Written by Joseph Woelfel
>To contact the writer of this article, click here:
>To submit a news tip, send an email to:
Copyright 2012 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.