The top after-market NYSE gainers Wednesday were Steelcase Inc, Gannett Co, AAR Corp, Cabelas and Chimera Investment Corp. The top after-market NYSE losers were XPO Logistics, Norfolk Southern Corp, CSX Corp, CLARCOR Inc and Access Midstream Partners, L.P.
Steelcase Inc. (SCS) shares rallied 6.60 percent to $10.18 I post-market trading. The company reported the second quarter adjusted net income of $29.5 million or $0.23 per share, up from $11.9 million or $0.09 per share in the same period last year. The adjusted net profit was $0.25 per share, compared to analysts’ estimate of $0.19 per share.
Gannett Co., Inc. (GCI) shares climbed 5.58 percent to $19.31 in post-market trading after surging more than 4 percent in regular trading.
AAR Corp. (AIR) shares surged 5.42 percent to $18.10 in post-market trading. The company reported the first quarter net income of $18.2 million or $0.45 per share, up from $16.6 million or $0.41 per share in the same quarter last year. AAR currently expects the fiscal 2013 net profit to be in a range of $1.60 to $1.70 per share, up from its prior guidance of $1.55 to $1.65 per share.
Cabelas Inc. (CAB) shares surged 4.83 percent to $57.11 in post-market trading. The stock has a 52-week low of $19.12, a 52-week high of $54.83 and $3.81 billion in market capitalization.
Chimera Investment Corp. (CIM) shares gained 3.75 percent to $2.77 in post-market trading. The Board of Directors of CIM declared the third quarter 2012 common stock cash dividend of $0.09 per common share, payable October 29, 2012, to common shareholders of record on October 1, 2012.
XPO Logistics, Inc. (XPO) shares slumped 5.64 percent to $14.72 in post-market trading. The company announced Wednesday that it commenced a public offering of $100 million aggregate principal amount of Convertible Senior Notes due 2017 subject to market and other conditions.
Norfolk Southern Corp. (NSC) plunged 5.09 percent to $68.99 in post-market trading. The company announced that the third quarter 2012 earnings would be below the same quarter last year, primarily due to volume declines in certain markets and lower revenues from fuel surcharges. NSC expects the third quarter net income to be in the range of $1.18 to $1.25 per diluted share compared to analysts’ estimation of $1.64 per share.
CSX Corp. (CSX) shares plunged 4.17 percent to $21.84 in post-market trading. The stock has a 52-week low of $17.69, a 52-week high of $23.71 and $23.70 billion in market capitalization.
CLARCOR Inc. (CLC) shares plunged 3.37 percent to $47.90 in post-market trading. The company reported the third quarter net profit of $30.27 million or $0.60 per share, down from $32.07 million or $0.63 per share in the same period last year and also fell short of Reuters’ estimate of $0.69 per share.
Access Midstream Partners, L.P. (ACMP) shares fell 2.86 percent to $29.51 in post-market trading.