Insiders Trading Report for April 4

Traders at the NYSEThe ADP report couldn’t save stocks yesterday. European concerns that were shrugged off last week came back with a vengeance. The anemic Spanish bond auction sent the broader market reeling. The ISM services miss also did not help the cause of the bulls and sent the bears stampeding through the major indices.

While growth concerns are creeping back into the market, the focus will be on the jobs report. If labor strength continues, the US markets could end up decoupling from European markets and continue higher.

The Dow closed down 125 points yesterday. The Nasdaq and S&P 500 both closed down 45 and 14 respectively. [Read more...]

After Hours Gainers and Losers: GMCR, QCOM, JDSU, SD, SFLY

Green Mountain Coffee Roasters (NASDAQ:GMCR) is up 13.42% in after hours trading at $60.68. GMCR shares are popping after the company announced quarterly results. First quarter EPS came in at $0.60, beating consensus of $0.36. Sales were $1.16 billion versus the estimated $1.06 billion. The company has a market cap of 8.29 billion.

Qualcomm Incorporated (NASDAQ:QCOM) is up 5.88% in after hours trading at $63.11. QCOM shares jump as earnings beat estimates and the company raises its outlook. Earnings increased 20% in the fourth quarter and the company expects first quarter EPS to be between $0.91-$0.97. Analysts were expecting $0.89. The company has a market cap of 100.12 billion.

JDS Uniphase Corporation (NASDAQ:JDSU) is up 4.72% in after hours trading at $13.70. JDS Uniphase posted a loss in its fiscal second quarter results but their results beat analyst expectations. Excluding one-time items JDS Uniphase would have earned $0.15 a share. Analysts were expecting $0.10 a share. The company has a market cap of 3.01 billion.

Sandridge Energy Inc. (NYSE:SD) is down 11.75% in after hours at $6.91. SD shares are down right now following news that Sandridge will buy Dynamic Offshore for $1.28 billion. The deal will be $680 million in cash and 74 million in Sandridge stock. The company has a market cap of 3.13 billion.

Shutterfly, Inc. (NASDAQ:SFLY) is down 12.50% in after hours trading at $21.98. SFLY shares are falling as initial reactions from investors on its fourth quarter results are negative. Shutterfly reported adjusted net income of $1.48 per share, beating estimates of $0.82. The company is expecting between $0.31 to $0.43 for the first quarter. Analysts’ estimates for the first quarter are between $0.32 and $0.52. The company has a market cap of 870.94 million.

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