The top after-market NYSE gainers Tuesday were United Rentals, Beazer Homes USA, Lindsay Corp, Emeritus Corp and Synovus Financial Corp. The top after-market NYSE losers were Overseas Shipholding Group, International Business Machines Corp, BPZ Resources, Unisys Corp and Protective Life Corp.
United Rentals, Inc. (URI) shares surged 4.56 percent to $35.51 in pre-market trading. The company reported third quarter adjusted net income of $1.35 per share, up from $0.92 per share in the same period last year and also topped Reuters estimate of $1.12 per share. United Rentals expects fiscal 2012 revenue to be in a range of $4.6 to $4.7 billion, above analysts’ estimate of $4.19 billion.
Beazer Homes USA, Inc. (BZH) shares surged 3.38 percent to $17.75 in post-market trading.
Lindsay Corp. (LNN) shares gained 3.01 percent to $76.75 in post-market trading. The stock has a 52-week low of $49.17, a 52-week high of $74.62 and $947.40 million in market capitalization.
Emeritus Corp. (ESC) shares advanced 2.49 percent to $23.50 in post-market trading. The company announced Tuesday that it has entered into definitive agreements with HCP, Inc. and affiliates of Blackstone Real Estate Partners VI, under which HCP and Emeritus will acquire a total of 142 senior housing communities representing approximately 11,350 units currently owned by a joint venture comprising Emeritus, Blackstone, certain former tenants-in-common, and an investment fund affiliated with Dan Baty, the Company`s Chairman.
Synovus Financial Corp. (SNV) shares advanced 2.38 percent to $2.35 in post-market trading. The stock has a 52-week low of $1.23, a 52-week high of $2.51 and $1.81 billion in market capitalization.
Overseas Shipholding Group, Inc. (OSG) shares plunged 3.46 percent to $3.63 in post-market trading. The company stock tumbled 27 percent in regular trading.
International Business Machines Corp. (IBM) shares plunged 3.41 percent to $203.80 in post-market trading. The company reported third quarter adjusted net profit of $4.16 billion or $3.62 per share compared to $3.95 billion or $3.28 per share in the same period last year and in line with analysts’ estimation of $3.62 per share. The company currently expects fiscal 2012 earnings to be at least $14.29, down from its prior estimate of $14.40 per share.
BPZ Resources, Inc. (BPZ) shares fell 3.11 percent to $2.80 in post-market trading.
Unisys Corp. (UIS) shares declined 2.96 percent to $21.00 in post-market trading. The stock has a 52-week low of $14.40, a 52-week high of $27.43 and $951.23 million in market capitalization.
Protective Life Corp. (PL) shares declined 2.59 percent to $27.21 in post-market trading. The company stock climbed 6 percent in regular trading after it was upgraded to a “strong-buy” from an “outperform” rating at Raymond James.