Silicon Motion Technology Corp. (NASDAQ:SIMO) Slumps After Earnings: MKL, SIMO, HIG, APC

Lakeway, NY -- (SBWIRE) -- 02/05/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Markel Corporation (NYSE:MKL) closed at $480.0. The Company announced fiscal year 2012 results. The diluted net income per share was $25.89 for the year 2012 compared to $14.60 in 2011. The 2012 combined ratio was 97% compared to 102% in 2011. Book value per common share outstanding increased 15% to $403.85 at December 31, 2012.

Get Free Trend Analysis On MKL Here

Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) went down 10.68% to $13.04 after market trading hours. The Company released fourth quarter results. The profit was $7.9 million or 23 cents per ADS versus $12.2 million or 37 cents per ADS in the prior year period. Revenue increased 5.1% to $70.6 million. Analysts were expecting per-ADS earnings of 39 cents on revenue of $72.5 million. Gross margin declined to 43% from 49.7%. Silicon Motion expects revenue to grow for 2013 10% to 20% from 2012.

Is SIMO a Buy After The Slump Following Earnings Report?

Hartford Financial Services Group Inc. (NYSE:HIG) decreased 0.65% to $24.54 after market trading hours. The Company announced fourth quarter results. The net loss was $46 million or 13 cents per diluted share compared to net income of $118 million or 23 cents per diluted share in the prior year period. Wall Street estimates of 30 cents per share. The Hartford said it will buy back up to $500 million in stock and reduce its debt by $1 billion.

How Should Investors Trade HIG After The Recent Earnings? Find Out Here

Anadarko Petroleum Corporation (NYSE:APC) went up 0.99% to $81.30 after market trading hours. The Company posted fourth quarter net income attributable to common stockholders of $203 million, or $.40 per share. The net income attributable to common stockholders was $2.391 billion or $4.74 per share for the year 2012.

Is APC a Buy After The Recent Earnings Report? Don’t Miss our Special Coverage Here

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