Amarendra Bhushan's  Instablog

Stryker Corp. (SYK)-  Its share advanced 3.18 percent to $56.44 in aftermarket trading hours. The company forecasts adjusted earnings in 2011 of as much as $3.73 per share against analysts’ estimation of $3.65 per share.

Supervalu Inc. (SVU)- Shares advanced 0.12 percent in afterhours trading session on Monday. The company is expected to post third quarter net income of $ 0.31 per share compared to $ 0.46 per share in the same quarter a year ago.

Alcoa Inc. (AA)- Shares declined 1.70 percent to $16.21. The company posted better-than-expected fourth quarter net income of $0.21 per share, but sales of $5.65 billion missed $5.71 billion analysts estimated.

Advanced Micro Devices, Inc. (AMD)- Advanced Micro Devices, Inc., a semiconductor company, provides processing solutions for the computing and graphics markets in the United States, Canada, Europe, and Asia. Shares declined 4.35 percent to $8.79 in post market trading on the news that the company’s President and CEO Dirk Meyer had resigned and that Thomas Seifert has been named Interim CEO.

Intel (INTC) and Nvidia Corp. (NVDA)- Both companies have reportedly signed and renewed a six-year cross-licensing agreement for accessing each-others silicon related patents.

Apollo Group Inc. (APOL)- It’s earnings per share rose to $1.61 from $1.54 and revenue increased to $1.33 billion from $1.26 billion in the same quarter last year.

Lennar Corp (LEN)- Shares advanced 2.70 percent to $19.41 in post market trading session. The company is expected to report fourth quarter net income of $0.02 per share before the markets open on Tuesday.

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