Quick Look Market Closing Price:
At the close: Dow +0.37% to 13167. S&P +0.48% to 1401. Nasdaq +0.87% to 3016.
Treasurys: 30-year -0.68%. 10-yr -0.34%. 5-yr -0.18%.
Commodities: Crude +1.34% to $93.44. Gold -0.16% to $1611.55.
Currencies: Euro -0.02% vs. dollar. Yen +0.48%. Pound -0.19%.
After Hours News:
Powell Industries (POWL): FQ3 EPS of $1.02 beats by $0.48. Revenue of $194.1M (+37.3% Y/Y) beats by $18M. Shares +5.9% AH
Express Scripts (ESRX): Q2 EPS of $0.88 beats by $0.06. Revenue of $27.7B beats by $1.1B. Shares +4.2% AH
Cree (CREE): FQ4 EPS of $0.25 beats by $0.02. Revenue of $306.8M (+26% Y/Y) beats by $0.5M. Expects FQ1 revenue of $305M-$325M, below $328.8M consensus. Expects FQ1 EPS of $0.23-$0.28, mostly below $0.28 consensus. Shares +4.6% AH
Rackspace (RAX): Q2 EPS of $0.18 in-line. Revenue of $319M (+29% Y/Y) beats by $1.2M. Operating cash flow of $101M, adjusted free cash flow of $28.7M. Shares +1.7% AH
Online travel names head south in response to Priceline's soft Q3 guidance. EXPE -3.2% AH. TRIP -6.3%. Of particular concern is Priceline's guidance for a 12%-20% Y/Y increase in international gross bookings (heavily tied to Europe), which is well below Q2's 33%, not to mention Q1's 54%. Also, guidance for Q3 revenue growth of 9%-15% isn't close to a 24% consensus. OWW and TZOO could also be under pressure tomorrow. PCLN -15.4% AH
Vivus (VVUS): Q2 EPS loss of -$0.24 misses by $0.01. Shares -1% AH
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