NEW YORK, NY – November 1, 2012 - - Sirius XM Radio Inc (NASDAQ: SIRI) shares climbed 0.36% to $2.81 after the company reported third quarter net income of $74.5 million, or 1 cent per share, in the, from $104.2 million, or 2 cents per share, a year earlier. The recent third-quarter net profit included a loss on repayment of debt of $107 million. The company said total revenue rose 14 percent to $867.4 million. Analysts expected revenue of $865.7 million.
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Alkermes Plc (NASDAQ: ALKS) stock gained 2.59% to $19 after the company’s second quarter total revenues increased more than 72% to $124.0 million, as compared to the same period in fiscal 2012. The company reported non-GAAP net income of $23.7 million, or non-GAAP diluted earnings per share (EPS) of $0.17, for the second quarter of fiscal 2013. This compared to non-GAAP net income of $7.1 million, or a non-GAAP diluted EPS of $0.07, for the same period in fiscal 2012.
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The Gap Inc. (NYSE: GPS) stock increased 1.79% to $36.36 after the company forecast upbeat fiscal third-quarter earnings as net sales and same-store sales jumped. The company expects earnings of $0.61 a share to $0.63 a share, above expectations of 54 cents from analysts. Net sales rose about 8% to $3.86 billion, ahead of analysts estimates of $3.83 billion. Same-store sales for the quarter rose 6%, while climbing 4% in October and missing the consensus view of 5.1%.
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Linkedin Corporation (NYSE: LNKD) shares climbed 0.07% to $107 after the company is scheduled to report third-quarter results after the market closes on Thursday. Analysts are expecting the company to post a profit of 11 cents a share, on revenue of $244.61 million. For the year-earlier period, the company reported a profit of 6 cents a share, on revenue of $139.48 million.
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Dynex Capital, Inc.(NYSE:DX) shares increased 3.02% to $10.22 after the company reported net income of $18.4 million, or $0.34 per diluted common share for the third quarter of 2012 versus $18.8 million, or $0.35 per diluted common share, for the second quarter of 2012 and $1.5 million, or $0.04 per diluted common share, for the third quarter of 2011.
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