Quick Look Market Closing Price:
At the close: Dow +0.8% to 12909. S&P +0.67% to 1373. Nasdaq +1.12% to 2943.
Treasurys: 30-year +0.13%. 10-yr +0.1%. 5-yr +0.1%.
Commodities: Crude +0.72% to $90.19. Gold -0.78% to $1577.05.
Currencies: Euro -0.1% vs. dollar. Yen -0.34%. Pound +0.01%
After Hours News:
Skyworks (SWKS): FQ3 EPS of $0.45 beats by $0.01. Revenue of $389M (+9% Y/Y) beats by $6M. Expects FQ4 revenue of $415M-$420M and EPS of $0.50-$0.51 vs. consensus of $418.2M and $0.51. Shares +9.6% AH due to lowered expectations
Qualcomm's FQ3: 141M MSM baseband chips shipped, below guidance of 144M-152M. Only 134M-142M shipments expected in FQ4. ASP for royalty-bearing devices was $226-$232, above FQ2's $207-$217 (due to strong iPhone/Samsung sales in March quarter). Slightly lowering 2012 guidance for royalty-bearing devices to 875M-935M. Free cash flow $658M vs. net income of $1.49B. $617M of shares repurchased. QCOM +2.5% AH, investors clearly priced in weak guidance.
Mellanox Technologies (MLNX): Q2 EPS of $0.99 beats by $0.27. Revenue of $133.5M (+111% Y/Y) beats by $5M.Shares +58.1% AH
Xilinx (XLNX): FQ1 EPS of $0.47 beats by $0.02. Revenue of $582.8M (-5.3% Y/Y) beats by $7M. Shares -1.6% AH
Capital One (COF): Q2 EPS of $0.16 may not be comparable to consensus of $1.42. Revenue of $5.1B (+26.6% Y/Y) in-line. Shares -0.7% AH
F5 Networks (FFIV): FQ3 EPS of $1.14 in-line. Revenue of $352.6M (+21.3% Y/Y) in-line. F5 Networks (FFIV): Reports an in-line FQ3 on all fronts with a 16% jump in Y/Y net profits, but the stock is lower in post-session trading after the company guides its FQ4 below Street expectations. Blaming a cautious spending environment, it now expects to earn between $1.16 - $1.19 per share, below current Q4 EPS estimates of $1.24. Shares -3.8% AH
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