EmailAfter Hours Report
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Last Update: 08-Dec-11 16:54 ET
Texas Instruments -5% After Lowering Fourth Quarter Guidance
Market participants displayed their bearish side by driving stocks down to weekly lows following a flurry of headlines from Europe. Some relief was offered in the final hour, but sellers redoubled their efforts.
After the close, GBDC, COO, ESL, FLOW, SEAC, SWHC, HWD, PLL, DMND, ALOG and CMTL are the only notable names scheduled to report earnings results.
Futures are lower after hours: S&P 500 futures are -0.50 from fair value of 1227.60 and Nasdaq100 futures are -3.81 from fair value of 2278.31.
Tomorrow morning before the open, one economic report is scheduled to be released: 1) Trade balance (Consensus -$44.0 Bln).
Tomorrow before the open look for the following companies to report: FGP, KMGB, and TITN.
In separate news, Texas Instruments lowers Q4 EPS to $0.36-0.40, vs. the $0.46 consensus, down from $0.43-0.51 prior guidance lowers revs guidance to $3.19-3.33 bln consensus, vs. $3.406 bln Capital IQ Consensus Estimates, down from $3.26-3.54 bln prior guidance
After the close, GBDC, COO, ESL, FLOW, SEAC, SWHC, HWD, PLL, DMND, ALOG and CMTL are the only notable names scheduled to report earnings results.
Futures are lower after hours: S&P 500 futures are -0.50 from fair value of 1227.60 and Nasdaq100 futures are -3.81 from fair value of 2278.31.
Tomorrow morning before the open, one economic report is scheduled to be released: 1) Trade balance (Consensus -$44.0 Bln).
Tomorrow before the open look for the following companies to report: FGP, KMGB, and TITN.
In separate news, Texas Instruments lowers Q4 EPS to $0.36-0.40, vs. the $0.46 consensus, down from $0.43-0.51 prior guidance lowers revs guidance to $3.19-3.33 bln consensus, vs. $3.406 bln Capital IQ Consensus Estimates, down from $3.26-3.54 bln prior guidance
