Wednesday, October 29, 2014

$V/$BIDU - Visa, Baidu to report earnings after hours

Shares of Visa Inc. and Baidu Inc. are among the stocks seeing active trading in the extended session Wednesday following quarterly financial results. 

$V - Visa shares rose 4.4% to $224 on moderate volume after the company reported adjusted fiscal fourth-quarter earnings of $2.18 a share on revenue of $3.23 billion. Analysts surveyed by FactSet expected $2.10 a share on revenue of $3.19 billion. 

$BIDU - Baidu shares rose 0.2% to $225.49 on heavy volume after the Chinese Internet search provider's third-quarter earnings report. 

$DWA - DreamWorks Animation SKG Inc. shares rose 3.7% to $24.16 on moderate volume after "How to Train Your Dragon 2" boosted third-quarter earnings past Wall Street expectations. 

$JDSU - JDS Uniphase Corp. shares rose 2.6% to $12.75 on heavy volume after the computer networking company reported adjusted fiscal first-quarter earnings of 14 cents a share on revenue of $433.6 million. Analysts expected 10 cents a share on revenue of $416.6 million. 

$AKAM - Akamai Technologies Inc. shares were volatile after the company topped Wall Street estimates for the third quarter. 

$MET - MetLife Inc. shares rose 1.6% to $53.12 on moderate volume after third-quarter profits more than doubled at the insurer. 

$TTWO - Take-Two Interactive Software Inc. shares advanced 4.2% to $23.75 on moderate volume after the video-game producer raised its outlook. 

$LAKE - Lakeland Industries Inc. shares rallied 21% to $14 on moderate volume after the hazmat-suit maker reported increased manufacturing capacity in response to the Ebola crisis. 

$KRFT - Kraft Foods Group Inc. shares declined 1.8% to $55.87 on moderate volume after the company's third-quarter profit report.