After Hours Gainers (HIBB, VRGY, DBRN, NVLS, MNKD)

Hibbett Sports, Inc. (NASDAQ: HIBB) rose 8% to $20.50 after announced that its Board of Directors has authorized a new Stock Repurchase Program (Program) of $250.0 million expiring on February 2, 2013.

Verigy Ltd. (NASDAQ: VRGY) surged 11% to $10.00 after it reported a fourth-quarter net loss of $12 million or $0.20 per share compared a net loss of $36 million or $0.60 per share last year. Total net revenue was $97 million compared to $150 million last year. Analysts expected revenue of $96.40 million for the quarter. The company expects first-quarter revenue to be in the range of $105 million-$115 million. Loss per share on a GAAP basis is expected to be in the range of $0.13-$0.06.

The Dress Barn, Inc. (NASDAQ: DBRN) jumped 6.19% to $21.79 after it posted a higher quarterly profit, helped by strong sales at Maurices and its namesake stores, and raised its full-year earnings forecast.

MannKind Corporation (NASDAQ: MNKD) rose 4.18% to $7.23 after a fall of 4% in normal trading session.

Novellus Systems, Inc. (NASDAQ: NVLS) rose 0.50% to $20.97 after the company said it now expects revenue in the range of $225 million to $245 million, compared to a previous range of $215 million to $245 million. Novellus also expects earnings per share in the range of 25 cents a share to 40 cents a share, compared with a previous range of 20 cents a share to 40 cents a share.