A pedestrian walks past the NASDAQ building in New York City
A pedestrian walks past the Nasdaq building in New York. REUTERS

The top after-market NASDAQ Stock Market gainers are: Research In Motion, FSI International, Cintas, Suffolk Bancorp, and Westell Technologies. The top after-market NASDAQ Stock Market losers are: Oracle, L & L Energy, Columbia Laboratories, Epoch Investment Partners, and Autodesk.

Gainers

Research In Motion Ltd. (RIMM) stock jumped 10.14 percent to $13.80 in after-market trading. The company has turned down takeover overtures from Amazon.com Inc. (AMZN) and other potential buyers as the BlackBerry maker prefers to fix its problems on its own, according to Reuters citing people familiar with the situation. Amazon hired an investment bank this summer to review a potential merger with RIM, but it did not make a formal offer. It is not clear whether informal discussions between Amazon and RIM ever led to specific price talk, or who else had approached RIM about a takeover, according to Reuters.

FSI International Inc. (FSII) stock climbed 10 percent to $3.30 in after-market trading. Loss for the first quarter widened to $3 million or $0.08 per share from $2.5 million or $0.06 per share last year. Sales grew 22 percent to $13.28 million. Analysts had expected a loss of $0.06 per share on revenue of $17.76 million. Looking ahead into the second quarter, the company expects revenue of $30 million to $35 million, while Street predicts $25.73 million.

Cintas Corp. (CTAS) stock grew 7.13 percent to $33.50 in after-market trading. Profit for the second quarter was $74.4 million or $0.57 per share, up from $55.9 million or $0.38 per share last year. Revenue grew 8.8 percent to $1.02 billion. Analysts had expected profit of $0.48 per share on revenue of $1 billion. Looking ahead into the fiscal 2012, the company raised its earnings guidance to range of $2.16 to $2.20 per share from previous forecast of $1.97 to $2.05 per share. The company also increased its 2012 revenue outlook to range of $4.075 billion to $4.125 billion from previous range of $4 billion to $4.1 billion. Street analysts predict profit of $2.03 per share on revenue of $4.08 billion for the fiscal 2012.

Suffolk Bancorp (SUBK) stock gained 6.98 percent to $9.50 in after-market trading. The shares closed Tuesday's regular trading up 5.46 percent at $8.88.

Westell Technologies Inc. (WSTL) stock increased 2.88 percent to $2.14 in after-market trading. The shares closed Tuesday's regular trading up 2.97 percent at $2.08.

Losers

Oracle Corp. (ORCL) stock fell 8.92 percent to $26.56 in after-market trading. Profit for the second quarter was $2.19 billion or $0.43 per share, up from $1.87 billion or $0.37 per share last year. Adjusted profit was $2.78 billion or $0.54 per share, up from $2.63 billion or $0.51 per share last year. Revenue rose to $8.79 billion from $8.58 billion, while adjusted revenue grew to $8.81 billion from $8.65 billion. Analysts had expected profit of $0.57 per share on revenue of $9.23 billion. Oracle said its board of directors authorized the repurchase of up to an additional $5.0 billion of common stock under its existing share repurchase program in future quarters. The company declared a quarterly cash dividend of $0.06 per share, payable on Feb. 1, 2012 to shareholders of record on Jan. 11, 2012.

In the conference call, the company said it expects third quarter adjusted earnings of $0.56 to $0.59 per share in constant currency and $0.55 to $0.58 per share in U.S. dollars, while Street predicts $0.59 per share. The company anticipates third quarter adjusted revenue growth of 3 percent to 7 percent in constant currency and 1 percent to 5 percent in U.S. dollars, while Street predicts 7.40 percent growth.

L & L Energy, Inc. (LLEN) stock slid 5.30 percent to $2.50 in after-market trading. The shares closed Tuesday's regular trading up 2.33 percent at $2.64.

Columbia Laboratories Inc. (CBRX) stock slid 5.28 percent to $2.51 in after-market trading. The shares closed Tuesday's regular trading up 6.85 percent at $2.65.

Epoch Investment Partners, Inc. (EPHC) stock declined 4.68 percent to $21.40 in after-market trading. The shares closed Tuesday's regular trading up 7.22 percent at $22.42.

Autodesk, Inc. (ADSK) stock decreased 4.16 percent to $30.17 in after-market trading. According to Bloomberg, James Turner II, the chief investment officer of hedge fund Clay Capital Management LLC, pleaded guilty to his role in an insider-trading scheme that prosecutors said made more than $2.5 million in illicit profits. Turner admitted in federal court in Newark, New Jersey, that he illegally traded in shares of Autodesk, Moldflow Corp. and Salesforce.com Inc. (CRM). Turner said he got tips from Scott Vollmar, his brother-in-law and a director of business development at Autodesk, and from Scott Robarge, a manager at Salesforce.com, according to Bloomberg. Turner was released on $300,000 bail.