Quick Look Market Closing Price:
At the close: Dow +0.01% to 12880. S&P +0.22% to 1350. Nasdaq +0.41% to 2914.
Treasurys: 30-year -0.04%. 10-yr -0.02%. 5-yr -0.03%.
Commodities: Crude +0.56% to $98.97. Gold -0.69% to $1736.25.
Currencies: Euro -0.02% vs. dollar. Yen +0.33%. Pound +0.5%.
After Hours News:
Cisco Systems (CSCO): FQ2 EPS of $0.47 beats by $0.03. Revenue of $11.5B (+10.6% Y/Y) beats by $270M. Cisco's FQ2: $466M worth of shares repurchased at average price of $17.84. The company is boosting its quarterly dividend by $0.02 to $0.08/share. Revenue growth represents a sharp acceleration from FQ1's 4.7% increase. Operating cash flow rose 19% Y/Y to $3.1B. Gross margin was 62.4%, roughly flat Y/Y. R&D expenses fell 9%. CSCO +3% AH.
Visa (V): FQ1 EPS of $1.49 beats by $0.04. Revenue of $2.55B (+14% Y/Y) beats by $80M. Shares +0.6% AH
Nanometrics (NANO): Q4 EPS of $0.10 beats by $0.09. Revenue of $45.3M (-1.7% Y/Y) beats by $4M. Shares +0.8% AH.
Semiconductor (ONNN): Q4 EPS of $0.13 beats by $0.07. Revenue of $767.9M (+32.6% Y/Y) beats by $8M. Shares +2.5% AH
SupportSoft (SPRT): Q4 EPS of -$0.06 beats by $0.04. Revenue of $15M (+22% Y/Y) beats by $2M. Shares +13.7% AH
Diamond Foods (DMND) resumes trading after announcing it will restate 2 years of financials and the firing of its CEO and CFO. Shares -38.1%. Can an announcement from Procter & Gamble (PG) that its sale of Pringles to Diamond has been called off be far behind.
iRobot (IRBT): Q4 EPS of $0.38 beats by $0.07. Revenue of $130.M (+14.7% Y/Y) misses by $4M. Shares -20.5% AH
Groupon (GRPN): Q4 EPS of -$0.02 misses by $0.05. Revenue of $506.5M (+%194 Y/Y) beats by $31M. Shares -11.9% AH. (PR)
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