was among a host of stocks trading lower after-hours Tuesday.
The Santa Clara, Calif., chipmaker posted a 44% increase in
second-quarter profits but delivered disappointing profit margins. Intel traded down 4.9% to $25.05. Fellow chipmaker
also traded lower, down 2.2% at $15.50.
fell 4.1% to $26.40 after the Internet company met analysts' second-quarter earnings expectation but
guided lower for third-quarter and full-year revenue.
got hit hard after the bell too, with the investment firm sinking 3.6% to $134.88. Why? Its two funds that nearly collapsed under the weight of subprime-mortgage exposure are
now reportedly worth less than 10 cents on the dollar.
fell after hours on news it has received a Wells notice from the
Securities and Exchange Commission
, which has been investigating the company's 2003 natural gas and oil reserves revisions. The notice implies that the SEC staff conducting the investigation has made a preliminary decision to recommend to the SEC that the regulatory agency institute an enforcement action against El Paso. The stock traded down 2.8% to $17.
On the winning side however was
, which posted earnings of $7.5 million, or 10 cents a share. Analysts were looking for 6 cents a share. Shares of the factory-built house maker ended the session up 6% higher but continued climbing after hours, moving 5% higher to $10.68.
Also moving higher after hours on earnings news was insurer
, which posted second-quarter earnings of $49.9 million, or $2.04 a share, compared to $22.9 million, or 89 cents a share, last year. Operating earnings rose to $1.64 a share from 73 cents. Analysts were looking for $1.04 a share, according to the Thomson First Call consensus estimate. RLI shares climbed 4% to $58.99 after hours.