The Nasdaq-100 After Hours Indicator, which tracks evening trading of the index's leading technology stocks, rose 4.1 points to end at 1,786.06.
Cooper (COO : The Cooper Companies, Inc
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Last: 44.84+0.65+1.47%
8:06pm 12/15/2006
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COO44.84, +0.65, +1.5%) shares fell 9.2% to close at $44.91 following its revised forecast for 2007 revenue of $920 million to $960 million. It previously forecast revenue of $948 million to $1 billion. The company also reported fiscal fourth-quarter results below its own expectations. See full story.
Mamma.com Inc. (MAMA : mamma com inc com
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Last: 4.44+0.39+9.63%
8:10pm 12/15/2006
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MAMA4.44, +0.39, +9.6%) occupied the number two spot on Nasdaq's list of volume movers, behind Sirius Satellite Radio (SIRI : sirius satellite radio inc com
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Last: 3.90+0.11+2.90%
8:10pm 12/15/2006
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SIRI3.90, +0.11, +2.9%) . Sirius shares dipped a penny, to $3.76.
Mamma.com shares climbed 5.1% to $4.5%. They soared 81% during the day after the company said that it's launched a video search engine into beta, in partnership with the Pixsy Media Search platform. Late-traded shares surged 7% to $4.58.
Stock in Atmel Corp. (ATML : Atmel Corp
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Last: 6.28+0.19+3.12%
8:10pm 12/15/2006
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ATML6.28, +0.19, +3.1%) surged 7.6% following by the chipmaker to sell two overseas factories and reduce its workforce in a move to cut costs and pare losses. Read full story.
Shares of ADC Telecommunications (ADCT : a d c telecommunications com new
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Last: 14.89-0.16-1.06%
8:10pm 12/15/2006
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ADCT14.89, -0.16, -1.1%) fell 5% to $13.40. The company said it expects first-quarter sales to be 15% lower than fourth-quarter sales. For fiscal 2007, sales of $1.26 billion to $1.29 billion are expected, with per-share earnings from continuing operations of 53 cents to 63 cents. Analysts polled by Thomson First Call currently expect sales of $1.34 billion on earnings of $1.01 a share.
ADC Telecom's net earnings for the fourth quarter rose to $40.4 million, or 33 cents a share. See more.
Martek Biosciences (MATK : Martek Biosciences Corp
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Last: 24.03+0.23+0.97%
8:10pm 12/15/2006
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MATK24.03, +0.23, +1.0%) climbed 4.6% to close at $24.43 after its pro forma earnings came in at 12 cents a share, higher than Wall Street's estimate of 10 cents. Earnings on a per-share net basis dropped to $641,000, or 2 cents a share. Revenue rose 20% to $67.2 million, more than the $65 million that was anticipated by analysts. Read more.
SAIC (SAI : saic inc com
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Last: 18.70+0.74+4.12%
8:14pm 12/15/2006
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SAI18.70, +0.74, +4.1%) shares shed $19.43. The science and engineering firm forecast 2007 revenue of $8.15 billion to $8.25 billion and per-share earnings continuing operations of 96 cents to 98 cents. Analysts are looking for revenue of $8.22 billion and per-share earnings of 97 cents.
It reported third-quarter net earnings of $98 million, or 28 cents a share, on revenue of $2.14 billion, ahead of analysts' outlook for revenue of $2.11 billion.
Carla Mozee is a reporter for MarketWatch in San Francisco.
