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US Markets came up for a gasp of air today, closing in the green, after a week of increased volatility. Here are today’s after hours most active:
1) Petroleo Brasileiro SA (NYSE:PBR): Shares of the government-run Brazilian oil and gas giant are down $0.31 or 0.77% after reporting a rise in Q4 earnings of 38.4%. Slightly disappointing investors as shares are trading lower.
2) Medicis Pharmaceutical Corp. (NASDAQ:MRX): Shares of the specialty pharmaceutical company focused on dermatological and aesthetic products are up $1.93 or 7.47% after reporting a plan to allow a subsidiary of Teva Pharmaceuticals (NASDAQ:TEVA) to sell a generic version of Medicis’ drug Solodyn. Also, Q4 earnings dropped 39% but were up to par with analyst estimates.
3) American International Group Inc. (NYSE:AIG): Shares of the holding company primarily focused on insurance are down $0.17 or 0.44% after a tumultuous day. A Q4 earnings rise largely came from asset sales. Parts of the remaining business posted less than mediocre results.
4)The Boeing Co. (NYSE:BA): Shares of the airplane manufacturer are flat at $72.30 after closing up 2.18%. The rise intraday came from news that the Pentagon awarded Boeing a $30 billion contract for aerial refueling tankers.
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