molycorp plunged after a price drop in rare earth minerals. ibm rose after settling an europe investigation. ralph lauren hit an all-time high after an upgrade. carnival was up sharply after the cruise line beat forecasts. oracle was up and down in after-hour trades, posting revenues slightly above expectations but also weakening hardware sales. elsewhere, reuters reports united technologies is close to a multibillion dollar all cash purpose of aircraft component maker goodrich. today representatives from expedia, yelp and nextag will testify before a senate antitrust subcommittee looking into anticompetitive charges against google. finally, one california city is becoming the first to shed sales of one luxury item. tuesday west hollywood city council approved a ban on any apparel made of fur. coming up, a classic