Friday's After-Hours Movers

U.S. stock markets closed slightly down on Friday trading, same as metals, as investors started to consider an interest rate hike out of the Fed this year as a plausible event, which led to large declines in utilities stocks.

On The Rise

After the market closed, shares of WellCare Health Plans, Inc. WCG traded slightly up on news that the company was donating $10,000 to the American Red Cross to help fund its relief efforts for flood victims in Louisiana. Also contributing to the cause were AT&T Inc. T, which gave $100,000, and Exxon Mobil Corporation XOM, which gained 0.1 percent in after-hours, following a $500,000 donation. Other donors included Hormel Foods Corp HRL and Royal Dutch Shell plc (ADR) (NYSE: RDS-A).

Related Link: Friday's Market Wrap: Stocks Close Week With Small Losses

On The Decline

Among Friday’s after-hours decliners was Lowe's Companies, Inc. LOW, which traded very slightly down off the bell after the company declared a $0.35 per share quarterly dividend. The payout was in line with the previous one and implies a forward yield of 1.8 percent. Shareholders of record as of October 19 will be entitled to the dividend on November 2.

Other stocks moving in after-hours included:

  • Sears Canada Inc. SRSC, up more than 10 percent.
  • Banco Santander, S.A. (ADR) SAN, up more than 10 percent.
  • The Medicines Company MDCO, up 4.2 percent.
  • ChinaCache Internatnl Hldgs Ltd (ADR) CCIH, up almost 2.5 percent.

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Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

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Posted In: NewsAfter-Hours CenterMoversAmerican Red Cross
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