Individuals strolling alongside Wall Avenue within the Monetary District of Manhattan on September 03, 2019 in New York Metropolis.Spencer Platt |
Individuals strolling alongside Wall Avenue within the Monetary District of Manhattan on September 03, 2019 in New York Metropolis.
Spencer Platt | Getty Pictures Information | Getty Pictures
Try the businesses making headlines after hours Monday:
Standex Worldwide — Shares of the economic mould manufacturing firm rose 0.2% on the again of better-than-expected outcomes for the earlier quarter. Standex reported adjusted earnings for the fiscal fourth quarter of 65 cents per share. Analysts polled by FactSet anticipated a revenue of 43 cents per share. “For the reason that finish of April, our finish markets have exhibited a gradual improve within the degree of buyer exercise that has continued into our first quarter,” mentioned CEO David Dunbar.
Palo Alto Networks — Palo Alto Networks posted earnings per share of $1.48, topping a FactSet estimate of $1.39 per share. The corporate additionally issued better-than-expected earnings steering for the present quarter. Nonetheless, Palo Alto shares slid greater than 3% in after-hours buying and selling.
Tiffany — Tiffany shares fell 0.6% after Reuters reported, citing a supply, the jeweler and French luxurious good maker LVMH will push again a $16.2 billion merger by one other three months. The deal nonetheless lacks the mandatory regulatory approval to undergo, together with within the European Union, in accordance with the report.
Portland Basic Electrical — Shares of the Portland-based utility fell greater than 6% after the corporate introduced the formation of a particular committee to evaluate latest losses from vitality buying and selling actions. Portland Basic Electrical mentioned it has skilled realized losses of $104 million in 2020. The corporate additionally lowered its full-year earnings steering.