Quick Look Market Closing Price:
At the close: Dow -1.64% to 12717. S&P -1.7% to 1359. Nasdaq -1.81% to 2992.
Treasurys: 30-year +0.75%. 10-yr +0.42%. 5-yr +0.24%.
Commodities: Crude -1.28% to $101.15. Gold +1% to $1660.35.
Currencies: Euro -0.21% vs. dollar. Yen -1.%. Pound +0.15%
After Hours News:
Standard Microsystems (SMSC): FQ4 EPS of $0.05 beats by $0.22. Revenue of $89.8M (-11.2% Y/Y) misses by $2M. Shares +0.3% AH.
Opnet Technologies (OPNT) -7.3% AH after lowering guidance for FQ4 earnings and revenue, pointing to purchasing delays associated with deals dxpected to close during the quarter. Bookings for application performance management rose 37% Y/Y and accelerated from the growth rate of the first three quarters of FY 2012.
Applied Micro Circuits (AMCC) -5.9% AH after issuing downward guidance for Q4, seeing revenues 6% below its previous forecast of $52M and a non-GAAP EPS loss of $0.10-$0.12 vs. a consensus loss of $0.08. The shortfall "is related to slowness in the service provider space and the overall wire line market weakness,” AMCC says.
TearLab (TEAR) trades lower in the post-session after announcing a secondary offering to sell an undisclosed number of shares of common stock. Proceeds from the offering will be used for working capital and general corporate purposes. Shares -5% AH
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