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Reuters
After the Bell: Stocks Surge on Forecasts
Monday January 6, 5:03 pm ET


NEW YORK (Reuters) - Stocks rose in after-hours trading on Monday, building on the session's gains as investors eyed an upbeat batch of news on sales and earnings from companies like EMC Corp. (NYSE:EMC - News) and Mercury Interactive Corp. (NasdaqNM:MERQ - News)
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Data storage company EMC surged to $7.62 from $6.80 at Monday's close after it said it would post a loss in the fourth quarter but said customer spending was better than expected and that its revenue will meet expectations.

Mercury Interactive, a maker of products for software testing and monitoring, surged after it said its quarterly results would beat its previous expectations. It rose to $34.85 from $33.08 at the close.

Guitar Center Inc.(NasdaqNM:GTRC - News) climbed to $18.52 from $16.86 at the close after the nation's largest guitar retailer boosted its earnings outlook for the fourth quarter.

Software maker Kronos Inc.(NasdaqNM:KRON - News) climbed to $41.43 from $40.70 at Monday's close after it said it expects first-quarter revenue and profit to land at the high-end of the projections it offered in October.

The Nasdaq's After Hours Indicator was up 0.3 percent.