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TOP FINANCIAL NEWS
After Tumble, Investors Look To GDP Thursday
BUSINESS NEWS
Clear Channel buyers sue banks over $20 bln deal
Oracle's Sales Growth Misses Hopes
After Hours Summary: ORCL -8.5% on earnings/guidance; CCU +7.4% (Bain Capital and THL Partners sue banks to demand completion of CCU acquisition); RMBS +4.6% (confirms that the co wins coordinated trial against Memory Manufacturers; RMBS was awarded $133.6M in damages)
Companies moving in after hours trading in reaction to earnings
 Trading Up
 CTRN +9.1%; RECN +3.2%... 
Trading Down
 CKR -9.8%; ORCL -8.5%; RBN -7.6%; GSB -2.7%; PAYX -1.5%...
Companies moving in after hours trading in reaction to news: Trading Up
 CCU +7.4% (Bain Capital and THL Partners sue banks to demand completion of CCU acquisition; sues banks for tortious interference with merger; co asks for injunction or damages substantially exceeding $26 bln merger price); MF +6.6% (enhances its agreement with Man Group; the new arrangement will ultimately remove the need for MF to allocate up to $800 mln of its existing liquidity); RMBS +4.6% (confirms that the co wins coordinated trial against Memory Manufacturers; RMBS was awarded $133.6M in damages); BLFH +1.6% (discloses in 8-k that it repurchased $107.5 mln of its outstanding 3.00% Contingent Convertible Senior Notes due 2027)... 
Trading Down
 EPR -4.1% (announces proposed concurrent offerings of series E cumulative convertible preferred shares and common shares); XL -2.9% (Fitch downgrades SCA and XLCA; outlook negative); GOOG -2.9% (Google February Paid Clicks Lousy (Again) - Henry Blodget on Silicon Alley Insider); TUNE -1.9% (raises their Q1 rev est to $25 mln or slightly in excess of $25 mln inside today's 8-k); NS -1.6% (announces public offering of common units, plans to sell 4 mln common units pursuant to an effective shelf registration statement previously filed); CHK -1.6% (Energy announces it will commence a 20 mln share common stock offering, pursuant to an effective shelf registration); MOT -1.0% (Icahn publishes an open letter to MOT board; says he continues to have concerns about the speed and manner in which a new mgmt team is selected); LGF -1.0% (and Xenon Pictures announce new home entertainment distribution agreement); AMPL -1.0% (Israel engages Israeli market maker for its series a debentures on the Tel Aviv Stock Exchange); MU -0.9% (disagrees with jury decision in Rambus antitrust trial).

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