After-market Movers For Aug 6 (DIS, CSC, FNSR, PXLW, FOXA, LYV, FSLR, CAR)

(RTTNews) - Gainers:

Computer Sciences Corp. (CSC) rose 5 percent to $52.50. The company's first quarter profit jumped from the prior year period. Revenue for the quarter declined 10.3 percent. The company raised its fiscal 2014 target for earnings per share from continuing operations. The company also announced a strategic alliance with AT&T Inc. (T) to develop next-gen technology and cloud solutions for enterprise businesses.

Finisar Corp. (FNSR) jumped 20 percent to $22.95. The company announced preliminary first quarter results that came above its previous expectations and also above Street view.

Pixelworks, Inc. (PXLW) surged 31 percent to $4.68. The company's second quarter net loss widened from the prior year period. Revenue declined primarily as the result of lower licensing revenue during the quarter. Meanwhile, The company forecast a significant increase in third quarter revenue driven by an improving environment, ramping of the PA168 advanced video processor and success in its licensing initiative.

Twenty-First Century Fox, Inc. (FOXa), which is reporting its first results since split-up from News Corp. (NWSa), gained 3 percent to $32.25. The company's annual revenues rose 10 percent over prior year reflecting growth at the Cable Network Programming, Filmed Entertainment and Television segments. The company's annual income from continuing operations attributable to stockholders doubled from last year.

Live Nation Entertainment, Inc. (LYV) rose 6 percent to $17.33. The company's second quarter profit surged from the year-ago quarter. Revenue for the quarter rose 8 percent and topped the consensus estimate.

Decliners:

Walt Disney Co. (DIS) fell almost 2 percent to $65.75. The company's third quarter earnings were slightly higher from the year-ago quarter and its adjusted earnings per share topped Street view. Revenues improved 4 percent from the prior year period, but missed the consensus estimate. Revenue from its media networks segment, which includes cable network ESPN and broadcaster ABC, rose 5 percent. Meanwhile, revenue from its studio entertainment division fell 2 percent and the division's operating income fell 36 percent, mainly due to lower theatrical results that reflected pre-release marketing costs for The Lone Ranger and the performance of Marvel's Iron Man 3.

First Solar, Inc. (FSLR) declined 8 percent to $42.75. The company's second quarter profit and net sales were sharply lower than the prior year period and also came below analysts' expectations. The company also lowered its full year 2013 forecast.

Avis Budget Group, Inc. (CAR) was down over 3 percent to $29.65. The company slipped to a loss in its second quarter and its adjusted earnings per share matched Street view. Total Company revenue increased 7 percent primarily due to the acquisition of Zipcar and a 3 percent increase in rental days. The company backed its full-year 2013 revenue guidance. The company also authorized a $200 million share repurchase program.