Quick Look Market Closing Price:
At the close: Dow -0.31% to 13168. S&P -0.12% to 1404. Nasdaq -0.24% to 3014.
Treasurys: 30-year +0.03%. 10-yr -0.01%. 5-yr +0.03%.
Commodities: Crude -0.11% to $92.77. Gold -0.73% to $1608.85.
Currencies: Euro +0.38% vs. dollar. Yen +0.12%. Pound +0.03%
After Hours News:
Array BioPharma (ARRY): FQ4 beats on a 9% Y/Y jump in total revenue. Net losses were pared significantly from the prior year period, as its top line was boosted by a jump in sales and its bottom line benefited from milestone payments from AMGN. Shares +6.6% AH
Groupon (GRPN): Q2 EPS of $0.08 beats by $0.05. Revenue of $568.3M (+45% Y/Y) misses by $4.8M. Expects Q3 revenue of $580M-$620M, in-line with $604.5M consensus. Expects Q3 operating income of $15M-$35M, below Q2's $46.5M. Shares -7.5% AH
Monster Beverage (MNST) +0.9% AH after announcing a new $250M stock buyback program. That boosts the energy drink maker's total available authorization to $500M, good for repurchasing 5.3% of shares at current levels. Monster fell last week on an earnings miss and AG probe
Summer Infant (SUMR): Q2 EPS of -$0.02 misses by $0.10. Revenue of $61.7M (+1.1% Y/Y) misses by $2M. Shares -19.2% AH.
Envivio (ENVI) -39.5% AH after warning it expects FQ2 revenue of $10M-$11M, well below a consensus of $17.7M. The provider of "TV Everywhere" hardware/software solutions blames (what else?) soft service provider capex in North America and Western Europe. The news could have negative implications for Synacor (SYNC), whose fortunes are also heavily tied to TV Everywhere deployments. Envivio is now down 62% from April's $9 IPO price.
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