Quick Look Market Closing Price:
At the close: Dow +0.34% to 12983. S&P +0.43% to 1363. Nasdaq +0.81% to 2957.
Treasurys: 30-year +0.15%. 10-yr +0.08%. 5-yr -0.02%.
Commodities: Crude +1.75% to $108.14. Gold +0.55% to $1781.05.
Currencies: Euro +0.91% vs. dollar. Yen -0.45%. Pound -0.41%.
After Hours News:
Chelsea Therapeutics (CHTP) +58.5% AH after the FDA's cardiovascular and renal drugs advisory committee votes 7-4 to recommend the approval of Chelsea's Northera drug. The FDA is set to make a final decision on Northera by March 28
Century Aluminum (CENX): Q4 EPS of -$0.35 may not be comparable to consensus of -$0.32. Revenue of $318M (+0.4% Y/Y) in-line.
Molycorp (MCP): Q4 EPS of $0.41 beats by $0.01. Revenue of $132.9M (+512% Y/Y) misses by $3M. Gross margin of 52.9% fell 680 bps Q/Q, mostly due to higher raw material and chemical costs. The company is reiterating guidance for 2012 production of 8K-10K metric tons of rare-earth oxide (REO) equivalents. It sees its per-kilogram production costs increasing slightly in 2012 due to Project Phoenix start-up costs, but normalizing in 2013. MCP -0.6% AH,
Monster Worldwide (MNST): Q4 EPS of $0.35 misses by $0.02. Revenue of $410M (+28.5% Y/Y) in-line. Shares -5.6% AH.
Deckers Outdoor (DECK): Q4 EPS of $3.18 beats by $0.05. Revenue of $603.9M (+40.4% Y/Y) beats by $38M..Deckers' Q4: Deckers is guiding for Q1 revenue growth of just 19% Y/Y, and an EPS decline of 50%. Current estimates are for 28.5% revenue growth, and 29% EPS growth. In addition, Deckers expects 2012 revenue growth of 15%, and EPS to be roughly flat with 2011 levels, with higher sheepskin costs pressuring earnings. The Street expects 19% revenue growth and 14% EPS growth. A $100M stock buyback has been authorized. DECK -10.3% AH.
Crocs (CROX): Q4 EPS of $0.06 beats by $0.02. Revenue of $203M (+14% Y/Y) misses by $2M. Shares -5% AH
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