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A couple of retail stocks,




Collective Brands


, were among the winners in Wednesday's late session.

Los Angeles-based Guess? said fiscal third-quarter income

ballooned 32.5% year over year to $58.3 million, or 62 cents a share, on revenue that surged 42.7% to $469.1 million. Analysts polled by Thomson Financial were looking for 57 cents a share on $424.5 million in revenue. The clothing purveyor also reported a 15.8% same-store sales jump vs. last year.

Shares were up $2.80, or 6.4%, to $46.28, erasing most of today's substantial regular-session losses.

Collective Brands, meanwhile, shot up 14.3% to $17.25 after likewise coming in ahead of targets. The Kansas-based company, which operates Payless ShoeSource, among other things, said it made $33.3 million, or 51 cents a share, excluding purchase accounting from its recent takeout of children's shoe chain Stride Rite. That blows away analysts' expectations of just 32 cents a share.

Revenue, at $830.7 million, was $17.5 million shy of the mean, and comparable-store sales (for Payless results only) were off 3.5% from last year.

Also gaining ground after the bell Tuesday was

Capstone Turbine

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. The small-cap clean-energy company, which develops microturbine technology, got a 13% lift after announcing that New York City mayor Mike Bloomberg had instituted a new rule regarding the safe use and installation of those systems. Per Bloomberg's press release, this will "enable building owners to take advantage of microturbine technology" for on-site electricity generation in both residential and commercial buildings.

The initial announcement was made on Monday, but Capstone shares were up 15 cents to $1.30 in recent extended trading, after the company disseminated the news.

Fannie Mae

( FNM), meanwhile, was among the postclose losers after setting plans to

issue $7 billion in newly minted nonconvertible preferred shares "in one or more offerings" this month in order to pad its suffering capital levels. Also in that effort, the mortgage investor will slash its dividend by 30% to 35 cents a share beginning in the first quarter. Shares were falling 83 cents, or 2.4%, to $34.35.

And, back in retail,



dropped 9.6% after fiscal third-quarter earnings

tumbled 44.1% from a year ago to $23.6 million, or 13 cents a share, including a 2.5-cent gain per share from its sale of Lucy Activewear to

VF Corp.


. Analysts, who typically exclude one-time items from their estimates, were looking for 11 cents a share.

Same-store sales fell 9.3% for the quarter, as previously reported, while those November numbers plunged 13.7%. Total revenue added 3.4% to $416 million, which is short of the $421.3 million average analyst call. Shares of the Florida-based women's apparel chain were shedding $1.10 to $10.40.