Quick Look Market Closing Price:
Symbol Last Change
Dow 11,555.63 32.62 (0.28%)
Nasdaq 2,515.51 11.83 (0.47%)
S&P 500 1,195.19 2.64 (0.22%)
10-Yr Bond 1.9960% 0.0380
After Hours Earning News:
OmniVision Technologies (OVTI) drops 9.7% AH after delivering its FQ2 report. While FQ2 results beat Street estimates that were lowered following OmniVision's Nov. 7 warning - revenue of $217.9M (-9% Y/Y) and EPS of $0.48 vs. consensus of $214.6M and $0.32 - the company is guiding for FQ3 revenue of $160M-$180M and EPS of $0.05-$0.17, well below a consensus of $201.4M and $0.26.
S&P's banking downgrade spree after the close - lowering nearly every sizable U.S. bank by one notch - may have been telegraphed as part of the agency’s application of its revised bank criteria. But that's not stopping prices from slipping AH: BAC -0.4%, MS -0.8%, C -0.4%, JPM -0.1%, WFC -0.1%, GS -0.1%
Ralcorp (RAH): FQ4 EPS of $1.34 misses by $0.04. Revenue of $1.22B (+8.3% Y/Y) in line. Files notification of late filing for FY2011 Form 10-K. Shares -0.4% AH.
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