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Quick Look Market Closing Price:
At the close: Dow +0.5% to 13320. S&P +0.31% to 1433. Nasdaq +0.16% to 3105.
Treasurys: 30-year -0.45%. 10-yr -0.21%. 5-yr -0.07%.
Commodities: Crude +0.48% to $97. Gold +0.14% to $1731.65.
Currencies: Euro +0.78% vs. dollar. Yen -0.69%. Pound -0.5%.
After Hours News:
Facebook (FB) +2.2% AH as Mark Zuckerberg starts talking at the TechCrunch Disrupt conference. Thus far, Zuck has tried to soothe concerns about mobile monetization, predicting Facebook will eventually make more money off mobile usage than PC usage. He also admits the company jumped the gun in embracing HTML5, something that was responsible for the slugging performance of its mobile apps.
Santarus (SNTS) says an advanced study of its investigational antibiotic Rifamycin SV MMX met its primary endpoint in treating travelers' diarrhea. Shares +4.3% AH
Xyratex (XRTX) -25.4% AH after warning it expects FQ3 revenue of $271M-$276M, well below a guidance range of $313M-$373M and a consensus of $344.6M. The company blames lower demand from enterprise storage OEM customers, as well as delayed sales for hard drive manufacturing and high-performance computing storage gear due to a failure to meet technical requirements. OEM customer NetApp (NTAP) is down 2.6% AH. STX -1.2%. WDC -1.1%
Globecomm Systems (GCOM): FQ4 EPS of $0.13 misses by $0.07. Revenue of $104.8M (+18.8% Y/Y) beats by $5M. Shares -10.3% AH
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