10 Late Radar Stocks: Buffalo Wild Wings Fly 15% Higher, While Yahoo! Cleans House
Walt Disney Co. (NYSE:DIS) shares declined 1.2 percent in late trading after reporting its fiscal first quarter earnings. The entertainment giant earned 80 cents per share, while analysts had only expected 72 cents per share. However, revenues of $10.78 billion fell short of $11.18 billion estimates.
Shares of Buffalo Wild Wings Inc. (NASDAQ:BWLD) surged more than 15 percent after the closing bell. The company reported earnings of 73 cents per share for the fourth quarter, surpassing estimates of 67 cents per share.
Yahoo! Inc. (NASDAQ:YHOO) shares edged lower after announcing that Chairman Roy Bostock and three longtime board members are leaving the internet company. Bostock is departing along with Vyomesh Joshi, Arthur Kern and Gary Wilson. Shares of Google Inc. (NASDAQ:GOOG) edged higher on the news, while AOL Inc. (NYSE:AOL) declined.
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Freeport McMoRan Copper & Gold (NYSE:FCX) shares bounced .42 percent in extended trading hours. The company reported it has increased its annual common stock dividend from $1 per share to $1.25 per share. The increase “reflects our financial strength and positive outlook for our business,” said James Moffett, chairman of the copper and gold producer. Shares of Southern Copper Corp. (NYSE:SCCO) also edged .31 percent higher.
Although shares closed 1.09 percent lower during regular trading, Hartford Financial (NYSE:HIG) climbed 1.26 percent higher after the closing bell. The company said its fourth quarter profit declined 79 percent to $127 million (24 cents per share). Excluding items, earnings were 69 cents per share.
Shares of BHP Billiton Ltd. (NYSE:BHP) climbed .89 percent, despite reporting that its first half profit declined 5.5 percent. However, revenue increased nearly 10 percent to $37.5 billion.
Panera Bread Co. (NASDAQ:PNRA) shares declined more than 2 percent after reporting earnings per share of $1.42 per share, excluding an 11 cent settlement charge. Sales increased 16 percent to $495.8 million, but missed estimates of $499 million.
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