By Wallace Witkowski, MarketWatch
SAN FRANCISCO (MarketWatch) -- Shares of Symantec Corp. dropped in the extended session Wednesday after the security-software company issued a weak outlook, while Angie's List Inc. shares fell after the recommendations service disappointed on quarterly results and outlook.
Symantec (SYMC) shares fell nearly 13% to $21.53 on heavy volume after the company adjusted earnings of 41 cents to 43 cents a share on revenue of $1.63 billion to $1.67 billion for the current quarter, when Wall Street was expecting 51 cents a share on revenue of $1.79 billion.
Angie's List (ANGI) shares declined 5.5% to $14.60 on heavy volume after the company's third-quarter results fell below Wall Street expectations and issued a disappointing revenue forecast for the fourth quarter.
Read Therese Poletti: Angie's List still spends too much.
AT&T Inc. (T) shares were flat at $35.28 on moderate volume after the telecom giant reported a for the third quarter, topping consensus estimates by a penny.
Citrix Systems Inc. (CTXS) shares rose 5.2% to $59 on moderate volume after the company's third-quarter earnings report and announcement of a share buyback program.
Varian Medical Systems Inc. (VAR) shares fell more than 7% to $72.75 on light volume on weak quarterly earnings and outlook.
Akamai Technologies Inc. (AKAM) shares fell 6.5% to $48.50 in heavy volume -- following a near 8% rise initially after hours -- as the Internet content-delivery technology company's fourth-quarter forecast disappointed.
Shares of Fusion-io Inc. (FIO) fell more than 12% to $11.35 on heavy volume after the data-storage company swung to a fiscal first-quarter loss and announced its chief financial officer would be leaving.
Cheesecake Factory Inc. (CAKE) shares advanced 5% to $45 on moderate volume after the restaurant chain reported third-quarter revenue that exceeded expectations and posted a modest same-store sales growth.
E-Trade Financial Corp. (ETFCD) shares declined more than 3% to $16.76 on moderate volume after the online trading platform missed on the revenue consensus for the third quarter.
-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
10-23-13 1807ETCopyright (c) 2013 Dow Jones & Company, Inc.
|UPDATE: Bed Bath & Beyond shares drop after earnings, outlook ()|
|UPDATE: Intel shares drop after earnings miss Street view (2014/1/16)|
|UPDATE: Whole Foods, Qualcomm shares drop after earnings ()|
|Bed Bath & Beyond shares drop after earnings, outlook (2014/1/8)|
|Krispy Kreme shares drop after earnings (2013/8/29)|
|UPDATE: Krispy Kreme shares drop on earnings, outlook (2013/8/29)|
|UPDATE: Amazon shares drop on earnings, sales miss (2014/1/30)|
|UPDATE: Twitter shares drop on earnings, Green Mountain pops (2014/2/5)|
|UPDATE: Jabil Circuit shares drop on earnings, outlook (2013/12/17)|
|UPDATE: Facebook shares surge after earnings beat (2014/1/29)|
|Start Premium Trial||Register For Free|
|P||F||Fund Financial Data (13,000+ funds)|
|P||F||Stock Financial Data (7,000+ stocks)|
|P||F||Stock and Fund Screeners (basic)|
|P||F||Investing Articles and Market Commentary|
|P||F||Articles Archive (>30 days)|
|P||F||Discuss (dozens of stock, fund, bond, and general bulletin boards)|
|P||F||Portfolio Manager (basic)|
|P||F||Morningstar Investment Classroom|
|P||F||Access Your Portfolio Anytime, Anywhere via Your Mobile Device|
|P||Morningstar Fund Analyst Reports (full research on 1,700 funds, ETFs, and CEFs)|
|P||Morningstar Stock Analyst Reports (full research on more than 1,100 stocks)|
|P||Portfolio Manager (advanced with 10 X-Ray analyses, including recommendations)|
|P||Portfolio Monitor (monthly and on-demand personalized portfolio statements)|
|P||Morningstar Proprietary Stock Information (stock star ratings, buy/sell prices, economic moat ratings, and more)|
|P||Morningstar 5-Star Stock and Fund Favorites & Red Flags eNewsletters|
|P||Premium Stock and Fund Screeners (advanced with nearly infinite ways to find the best securities for you)|
|P||Discounts on Morningstar newsletters, books, seminars, and more|
Access these features and more when you sign up for Free Membership.
Join Morningstar today. It's Free.
Access these features and more when you sign up for Premium Membership.
Start your free 14-day trial today online
Your subscription may be tax deductible. Please contact your tax advisor.