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United Continental Holdings, Canadian National Railway, Cree and more - AFTER HOURS

Proactive stayed up to take a look at what happened after hours in New York

Texas Instrumeents was in focus after hours Tuesday

The Dow Jones closed lower on Tuesday, while the Nasdaq and S&P 500 gained ground.

Following the Dow's footsteps was chip and circuit maker Texas Instruments Inc (NASDAQ:TXN), which dropped over 6.6% to US$112 each after the bell.

The firm reported fourth quarter earnings of  US$1.09 on $3.75bn in revenue, which met expectations for earnings and just beat on revenue.

Elsewhere, airline giant United Continental Holdings Inc (NYSE:UAL)  also flew lower after the bell, plunging 7.5% to US$72.12

The firm, which owns United Airlines company reported fourth quarter financial results, which surpassed expectations on both top and bottom lines, but shares fell  after it said it would expand US seat capacity, driving up costs but enabling future growth.

Canadian National Railway (NYSE:CNR, TSE:CNR) dropped in New York  after the railway reported mixed fourth quarter financial results, beating analyst expectations on revenue, but missing on earnings.

Canadian National also reported a higher operating cost to revenue ratio than the year-ago quarter, indicating slightly lower company efficiency.

LED and light manufacturer Cree Inc (NASDAQ:CREE) fell nearly 1.5% after the bell to US$34.5 after it reported its second quarter numbers, which beat analyst expectations on revenue, but missing by ever so slightly on earnings.

The group also issued a weak third quarter outlook, citing one-time fees from tax reform.

Quick facts: United Continental Holdings

Price: 45.62 USD

Market: NYSE
Market Cap: $13.47 billion

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