{"id":37699,"date":"2012-11-16T22:46:00","date_gmt":"2012-11-16T22:46:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/market-update-after-hours-november-16\/37693\/"},"modified":"2012-11-16T22:46:00","modified_gmt":"2012-11-16T22:46:00","slug":"market-update-after-hours-november-16","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/market-update-after-hours-november-16\/37699\/","title":{"rendered":"Market Update After Hours November 16"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p>The US Stock Markets were up for the day &#8211; Dow\u00a0 stood at 12,588.30, up\u00a0 45.93 points (0.36%),The <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">Nasdaq<\/a> closed at 2,853.13 up 16.19 (0.57%), and the S&amp;P was at 1,359.88 up\u00a0 6.55 (0.48%) at close.<\/p>\n<p><strong>Major news\u00a0<\/strong><\/p>\n<p>New York times reported that JPMorgan Chase and Credit Suisse agreed to settlements with the <a href=\"http:\/\/www.knowfinance.com\/u-s-securities-and-exchange-commission\/\" target=\"_blank\" rel=\"noopener\">Securities and Exchange Commission<\/a> totaling $417 million over their packaging and sale of troubled mortgage securities to investors<\/p>\n<p>Hostess Brands closed on Friday, blaming striking bakers. Making 18,500 workers nationwide out of job<\/p>\n<p><strong>Gainers<\/strong><\/p>\n<p><strong>Schiff Nutrition International Inc (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SHF\">NYSE : SHF<\/a>)<\/strong> 43.76 +9.84 (29.01%). Reckitt Benckiser Group Plc made a surprise $1.4 billion counterbid for Schiff Nutrition International Inc., topping an earlier offer from Bayer AG. Reckitt Benckiser and Bayer are competing for Schiff\u2019s fast-growing vitamins and nutritional supplements business<\/p>\n<p><strong>Penn National Gaming, Inc (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PENN\">NASDAQ : PENN<\/a>)<\/strong> 48.23 +10.62 (28.24%). First Gaming Company to Split its Businesses into Two Separate Publicly Traded Companies, a Gaming Focused REIT and a Gaming Operator. REIT Would Own 17 Casino Facilities Encompassing Over 3,200 Acres of Land, 6.9 Million Square Feet of Building Space and 20,000 Structured Parking Spaces<\/p>\n<p><strong>OSI Systems, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=OSIS\">NASDAQ : OSIS<\/a>)<\/strong> 63.94 +9.05 (16.49%). Despite allegations that the company may have manipulated test data, Analysts at Wall Street are firmly backing up OSIS. Few have upgraded and others are reiterating their rating on the stock.<\/p>\n<p><strong>Cyberonics, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CYBX\">NASDAQ : CYBX<\/a>)<\/strong> 52.44 +5.84 (12.53%). Cyberonics Inc. (CYBX: Quote) reported second quarter adjusted non-GAAP income per diluted share of $0.44. The earnings were better than the market estimates. The company also increased its full year 2013 adjusted EPS forecast to between $1.56 and $1.62, from prior expectations of $1.49 to $1.59<\/p>\n<p><strong>Brookdale Senior Living, Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BKD\">NYSE : BKD<\/a>)<\/strong> 23.92 +2.34 (10.84%). Moving up due to momemtum caused by Penn National Gaming, Inc. Analysts speculation that the same could happen to Brookdale Senior Living Inc.<\/p>\n<p><strong>Losers<\/strong><\/p>\n<p><strong>Sears Holdings Corporation (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SHLD\">NASDAQ : SHLD<\/a>)<\/strong> 47.49\u00a0 -10.99 (-18.79%). Sears Holdings Corporation ( SHLD ) reported third-quarter 2012 adjusted loss of $1.99 per share<\/p>\n<p><strong>SINA Corp\u00a0 (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SINA\">NASDAQ : SINA<\/a>)<\/strong> 45.07 -8.03 (-15.12%). Reuters reported that Chinese Internet company Sina Corp said its fourth quarter will be hit by a softer economy and posted weaker-than-expected sales guidance.<\/p>\n<p><strong>Best Buy Co., Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BBY\">NYSE : BBY<\/a>)<\/strong> 13.75\u00a0 -1.50 (-9.84%). Down on speculation of weak results. BBY had warned that its latest results would be &#8220;significantly below the prior-year period&#8221;<\/p>\n<p><strong>Dell Inc. (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=DELL\">NASDAQ : DELL<\/a>)<\/strong> 8.86\u00a0 -0.70 (-7.33%). Down after the personal computer maker posted weak third-quarter results. Reported that quarterly profit plunged by nearly half.<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20121118172233\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fmarket-update-after-hours-november-16%2F37699&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/sina-shares-slump-on-outlook-sina\/37702\">\nSina Shares Slump on Outlook (SINA)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-end-marginally-higher-posts-weekly-losses\/37701\">\nGold Prices End Marginally Higher, Posts Weekly Losses<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/market-update-after-hours-november-16\/37699\">\nMarket Update After Hours November 16<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-end-higher-6\/37693\">\nStocks End Higher<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-edge-higher-silver-prices-fall\/37692\">\nGold Prices Edge Higher; Silver Prices Fall<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-marginally-higher-in-late-trading-8\/37690\">\nStocks Marginally Higher in Late Trading<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-bounce-back-in-mid-day-trading-2\/37688\">\nStocks Bounce Back in Mid-Day Trading<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20121118172233im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Stock Markets were up for the day &#8211; Dow\u00a0 stood at 12,588.30, up\u00a0 45.93 points (0.36%),The Nasdaq closed [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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