After-market Movers For July 30 (SYMC, AMGN, TTWO, CBST, QCOR, RVBD, JIVE, BGFV)

(RTTNews) - Gainers:

Symantec Corp. (SYMC) rose 4 percent to $25.39. The company's first quarter profit declined from the same quarter a year earlier, but its adjusted earnings per share topped Street view. Revenues improved 2 percent and came above analysts' estimate. Meanwhile, the company forecast second quarter results below analysts' expectations.

Take-Two Interactive Software Inc. (TTWO) gained 1 percent to $17.25. The company's first quarter net loss narrowed from the year-ago quarter. Net revenue declined , but topped Street view. The company expects second quarter results below market view, but raised its fiscal year 2014 guidance.

Cubist Pharmaceuticals Inc. (CBST) rose 6 percent to $60.50. Cubist has agreed to acquire Trius Therapeutics, Inc. (TSRX) for $13.50 per share in cash or approx. $707 million on a fully diluted basis. Cubist also announced a merger agreement to acquire Optimer Pharmaceuticals, Inc. (OPTR) for $10.75 per share in cash, or approx. $535 million on a fully diluted basis. In addition to the upfront cash payment, Trius and Optimer stockholders will receive Contingent Value Right, if certain milestones are achieved. TSRX was up 17 percent to $13.76, while OPTR fell 8 percent to $14.48.

Questcor Pharmaceuticals, Inc. (QCOR) advanced 13 percent to $58.81 as the company's second quarter results were significantly ahead of the year-ago period and above Wall Street view.

Decliners:

Amgen Inc. (AMGN) fell 1 percent to $109.50. The company's second quarter earnings declined from the prior year period, but its adjusted earnings per share came above Street view. Total revenues for the quarter increased 5 percent and topped the consensus estimate. The company also raised its 2013 adjusted earnings forecast.

Riverbed Technology, Inc. (RVBD) plunged 15 percent to $14.91. The company slipped to a loss in its second quarter, while its non-GAAP earnings per share matched Street view. Revenue for the quarter was higher than the year-ago quarter, but came below the consensus estimate.

Jive Software, Inc. (JIVE) tumbled 17 percent to $14.15. The company reported a wider loss in its second quarter, but its adjusted result topped Street view. Total revenue for the quarter improved 31 percent and managed to come above analysts' expectation. Meanwhile, the company guided third quarter revenue below market view and also slashed its full year 2013 revenue guidance.

Big 5 Sporting Goods Corp. (BGFV) declined almost 12 percent to $21.50. The company's second quarter profit improved and came above analysts' estimate. Net sales for the quarter missed the consensus estimate. The company expects only the high end of its third quarter earnings per share guidance range to meet Street view.