3 Hot Stocks on Our Radar After the Bell: Oracle Settles, Express Scripts Lowers Forecast, and Apple Shares Lower
Tech giant Oracle (NASDAQ:ORCL), is seeing a boost after the closing bell as the company agrees to pay nearly $200 million in a Department of Justice settlement. The company was accused of knowingly not disclosing discounts given to its commercial customers when they were higher than the deals disclosed to the government agency.
After closing more than 11% higher today, shares of Express Scripts (NASDAQ:ESRX) continue to attract attention in late trading. The company reduced its full-year forecast, and expects to incur additional expenses from the pending Medco (NYSE:MHS) deal.
Apple (NASDAQ:AAPL) continues to edge lower in extended hours as the world mourns Steve Job’s passing. Microsoft (NASDAQ:MSFT) co-founder Bill Gates and Sony (NYSE:SNE) Chairman Howard Stringer are among the business leaders who have expressed their admiration for Jobs following his passing. President Barack Obama and former U.K. Prime Minister Tony Blair have also issued statements expressing their sympathy and remembering the man who built the world’s most valuable technology company.
Super Hot Feature: Apple Cheat Sheet: iPhone Event Recap.