After-Hours Center

Blockbuster (BBI) On Brink of Bankruptcy

Posted on 03/17/10 at 6:43pm
Blockbuster (BBI) shares dropped nearly 30% today to end the day at $.284 cents. Shares are down an additional 3% in after hours trading. Fitch downgraded Blockbuster's shares today to a C rating which is one notch above default.
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Democrats Attempt Two Birds, One Stone Trick With College Aid Plan

Posted on 03/14/10 at 12:41am
Leading Democrats in Congress announced yesterday that they are seeking to combine a college aid bill designed to cut out the private loan middleman from government financial aid to students with the health care reform bill set for a vote next week.
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Roomy Khan Cites Arrest Of Paris Hilton As The Reason For Buying Hilton Hotels Corp. Shares

Posted on 03/12/10 at 11:45pm
Bloomberg reports that Roomy Khan, who is the government witness in the insider trading case against Galleon Group founder Raj Rajaratnam, told investigators that she had purchased shares in Hilton Hotels Corp.
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Canadian Dollar Advances As Oil Rises

Posted on 03/10/10 at 5:39pm
An increase in the price of oil Wednesday helped propel the Canadian dollar to a slight gain on the U.S. dollar, although it did experience an intraday dip that may be an indicator for future performance. As of 3:56 pm EST, the USD was valued at C$1.0261. Previously, the rate was 1:1.0269 this morning, and 1:1.0278 at the end of Monday. Oil also increased, up $0.60 to US$82.09 a barrel.
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FDA Approves Botox In Treatment Of Muscle Spasms

Posted on 03/09/10 at 6:16pm
The U.S. Food and Drug Administration (FDA) has approved Allegran's (NYSE: AGN) Botox for use in treating muscle spasms in elbows, wrists and fingers.
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Abbott Labs To Acquire Facet Biotech For $722 Million

Posted on 03/09/10 at 6:12pm
Pharma giant Abbott Labs (NYSE: ABT) will acquire Facet Biotech (Nasdaq: FACT) for $722 million, valuing the company at roughly $27 a share.
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Profits Burn Out For Navistar

Posted on 03/09/10 at 5:55pm
Today, engine manufacturer Navistar (NYSE: NAV) saw its 1Q10 profit plummet from its previous totals, as the military ordered fewer parts throughout 2009.
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Light Trading Volume Belies Index Gains

Posted on 03/02/10 at 5:53pm
Even though the Dow, S&P 500, and NASDAQ all gained in trading today (albeit by slight amounts), they did so on light trading volume that speaks loudly about the reluctance to invest that is still prevalent in the market.
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Qualcomm Increases Dividend And Share Buyback Program (QCOM)

Posted on 03/01/10 at 6:05pm
Qualcomm (NASDAQ: QCOM) announced that it will be boosting its dividend by 12% after the closing bell today. The annualized dividend payout will now be $0.76. The company will also be enacting a new $3 billion share buyback program. This program will replace a $2 billion program that was put into place earlier.
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Benzinga's After Hours Decliners (FLR, ATHN, CROX)

Posted on 02/25/10 at 8:02pm
Notable names moving lower in the after hours trading session include Fluor Corp. (NYSE: FLR), athenahealth (NASDAQ: ATHN), and Crocs (NASDAQ: CROX).
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