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. (NYSE: 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. (NYSE: T), which gave $100,000, and Exxon Mobil Corporation (NYSE: XOM), which gained 0.1 percent in after-hours, following a $500,000 donation. Other donors included Hormel Foods Corp (NYSE: HRL) and Royal Dutch Shell plc (ADR) (NYSE: RDS-A).
On The Decline
Among Friday’s after-hours decliners was Lowe's Companies, Inc. (NYSE: 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. (NASDAQ: SRSC), up more than 10 percent.
- Banco Santander, S.A. (ADR) (NYSE: SAN), up more than 10 percent.
- The Medicines Company (NASDAQ: MDCO), up 4.2 percent.
- ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ: 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: American Red CrossNews After-Hours Center Movers
