After Hours Market Movers on Day 3 of Rally

These companies are attracting high volume trading in after hours activity today, here’s a look at how they’re performing and related news.

1) Hewlett-Packard (NYSE:HPQ) flat so far in after hrs trades after posting gains of 1.31% on the day. The company made headlines on rumors that its plan to license its webOS mobile software to Samsung (NYSE:SEO). HP has come out and denied rumors of that deal, though its CEO claims “We are talking to a number of companies.” HPQ stock on a steep 6-month downtrend, currently trading at $35.55, down from highs of over $49 in February. Competitors to Watch: Dell Inc. (NASDAQ:DELL), Apple Inc. (NASDAQ:AAPL), Oracle Corporation (NASDAQ:ORCL), Microsoft Corporation (NASDAQ:MSFT), Cisco Systems, Inc. (NASDAQ:CSCO), Intl. Business Machines Corp. (NYSE:IBM), EMC Corporation (NYSE:EMC), Super Micro Computer, Inc. (NASDAQ:SMCI), RadiSys Corporation (NASDAQ:RSYS), and Silicon Graphics Intl. Corp (NASDAQ:SGI).

2) Greenbrier (NYSE:GBX) also flat so far in after hrs markets after dumping 6.5% on the day. The sell-off was prompted by a downgrade to hold the company received from Jeffries analysts. The report cited “higher input costs for steel, railcar production delays, and the dilutive effects of a $230M convertible note issue that will weigh on margins through 2012.” GBX shares also way down from 6 month highs of close to $30 per share, now trading at $19.03.

3) Caterpillar (NYSE:CAT) stock creeping up .04% after hours as the company makes news with CEO Doug Oberhelman expressing concerns that the company will face serious competition in emerging markets. Oberhelman cites consolidation in China as a prime threat to the construction and mining equipment company. The CEO also voices his support for Congress to pass trade deals with South Korea and Latin American countries so CAT will not lose out on contracts. Competitors to Watch: Deere & Company (NYSE:DE), General Electric Company (NYSE:GE), Astec Industries, Inc. (NASDAQ:ASTE), Columbus McKinnon Corp. (NASDAQ:CMCO), Manitowoc Company, Inc. (NYSE:MTW), Cummins Inc. (NYSE:CMI), CNH Global N.V. (NYSE:CNH), Navistar Intl. Corp. (NYSE:NAV), Terex Corporation (NYSE:TEX), and Lindsay Corporation (NYSE:LNN).

4) eBay (NASDAQ:EBAY) down big (-4.73%) after hours, giving back most of the day’s gains (up 6.5% at close). The company expects to benefit from the Fed’s more lenient than expected cap on debit card fees through its subsidiary PayPal.  EBAY shares continue to flick around the $30 mark, with prices sticking near that level since a big gain last year. Competitors to Watch: Amazon.com, Inc. (NASDAQ:AMZN), GSI Commerce, Inc. (NASDAQ:GSIC), Liquidity Services, Inc. (NASDAQ:LQDT), Google Inc. (NASDAQ:GOOG), Overstock.com, Inc. (NASDAQ:OSTK), BIDZ.com, Inc. (NASDAQ:BIDZ), Gaiam, Inc. (NASDAQ:GAIA), U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), HSN, Inc. (NASDAQ:HSNI), Wal-Mart (NYSE:WMT), Target (NYSE:TGT), Best Buy (NYSE:BBY)

Invest in Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter >>