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Date : 26/03/2013 @ 10:54
Source : Dow Jones News
Stock : Rainmaker Systems, Inc. (MM) (RMKR)
Quote : 0.4  0.0 (0.00%) @ 07:05
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Among the companies with shares expected to actively trade in Tuesday's session are Sonic Corp. (SONC), Gordmans Stores Inc. (GMAN) and Alliance Fiber Optic Products Inc. (AFOP).

Sonic's fiscal second-quarter earnings soared as lower costs more than offset lower revenue as the year-earlier period included an extra day from Leap Year. Shares were up 4% at $12.20 in after-hours trading Monday.

Gordmans' fiscal four-quarter earnings fell 22% as the discount retailer reported higher costs and expenses, masking improved revenue. Shares slipped 6.6% to $13.28 after hours.

Alliance Fiber Optic lifted its sales guidance for the first quarter, citing stronger-than-expected demand across several lines and market segments. Shares were up 2.2% to $12.59 after hours.

Calumet Specialty Products Partners L.P. (CLMT) has launched an offering of 5.25 million units, saying it will use the proceeds for general purposes and possibly to pay down debt. The oil refiner, which sells waxes and lubricating oils, recently had around 63.3 million units outstanding. Units fell 4.4%, to $37.40 in after-hours trading.

Coastal Contacts Inc. (COA, COA.T) intends to offer an undisclosed number of shares as the retailer of eyeglasses and contact lenses raises funds to acquire more customers in growth markets. Shares fell 3.3% after hours to $6.19.

Rainmaker Systems Inc. (RMKR) plans to offer $7.2 million of shares, intending to use the proceeds for general purposes. The marketing company recently had a market capitalization of around $15 million. The stock was off 5.5% after hours at 55 cents.


Bayer AG (BAYN.XE, BAYRY) and Onyx Pharmaceuticals Inc. (ONXX) said its Stivarga drug has been approved in Japan to treat patients with metastatic colorectal cancer.

Focus Media Holding Ltd.'s (FMCN) fourth-quarter earnings more than doubled as the Chinese digital-advertising company benefited from fewer charges, though revenue edged lower.

OCZ Technology Group Inc. (OCZ) has appointed Rafael Torres as its new chief financial officer, replacing the retiring Arthur Knapp.

Write to Nathalie Tadena at nathalie.tadena@dowjones.com

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