Quick Look Market Closing Price:
At the close: Dow +0.61% to 12753. S&P +0.86% to 1326. Nasdaq +1.22% to 2464.
Treasurys: 30-year +0.41%. 10-yr +0.53%. 5-yr +0.41%.
Commodities: Crude +0.81% to $99.75. Gold +2.77% to $1710.65.
Currencies: Euro +0.58% vs. dollar. Yen +0.09%. Pound -0.29%.
After Hours News:
LSI Logic (LSI): Q4 EPS of $0.13 beats by $0.03. Revenue of $523M (+12% Y/Y) misses by $3M. Shares +5.9% AH.
Symantec (SYMC): FQ3 EPS of $0.42 beats by $0.01. Revenue of $1.715B (+7% Y/Y) beats by $5M. Company expects FQ4 revenue of $1.72B-$1.73B vs. $1.75B consensus. Expects EPS of $0.41-$0.42 vs. $0.43 consensus. SYMC +0.5% AH
United Rentals (URI): Q4 EPS of $0.82 beats by $0.24. Revenue of $746M (+24% Y/Y) beats by $60M. Shares +3.7% AH.
Mellanox Technologies (MLNX): Q4 EPS of $0.31 beats by $0.02. Revenue of $72.7M (+6.6% Y/Y) beats by $1.3M. Shares +2.7% AH
SanDisk (SNDK): Q4 EPS of $1.29 beats by $0.03. Revenue of $1.58B (+19% Y/Y) in-lineThe in-line revenue figure appears to have disappointed those whose hopes were raised by Apple's results and other positive datapoints. Gross margin was 42.9%, down 140 bps Q/Q and 80 bps Y/Y thanks to early-quarter weakness in NAND flash pricing. Guidance is likely to be provided during SanDisk's earnings call SanDisk (SNDK) guides on its earnings for Q1 revenue of $1.3B-$1.35B and 2012 revenue of $6.2B-$6.6B; below a consensus of $1.46B and $6.65B. In addition, the flash memory giant forecasts a Q1 gross margin of 39%-42%, below a Q4 level of 42.9%, and forecasts 2012 capex $1.1B-$1.6B. Shares now -8.4% AH.
Citrix Systems (CTXS): Q4 EPS of $0.78 beats by $0.02. Revenue of $619M (+17% Y/Y) in-line. For full year, revenue of $2.21B (+18%). Shares -3.4% AH
E-Trade Financial (ETFC): Q4 EPS of -$0.22 misses by $0.22. Revenue of $475M (-8% Y/Y) misses by $13M. Shares -4.1% AH.
Stanley Black& Decker (SWK): Q4 EPS of $1.36 beats by $0.07. Revenue of $2.79B (+17% Y/Y) beats by $10M. Shares -0.8% AH.
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