After Hours Summary: LWSN down 0.8% on earnings/guidance; SBUX up 8.7% (announces strategic initiatives to increase shareholder value and Chairman How

Monday, January 7, 2008

After Hours Summary: LWSN down 0.8% on earnings/guidance; SBUX up 8.7% (announces strategic initiatives to increase shareholder value and Chairman Howard Schultz returns as CEO) -Update-

Companies moving in after hours trading in reaction to earnings: Trading Up: BLUD -9.4%; TISI -1.5%; LWSN -0.8%... Trading Down: AEHR +17.7%; SYM +1.0%... Companies moving in after hours trading in reaction to news: Trading Up: ISIS +46.2% (and Genzyme announce strategic alliance including exclusive worldwide license of Mipomersen); WBSN +12.0% (sees Q4 revs, billings to exceed previous guidance); SIRT +10.7% (announces positive results with proprietary version of Resveratrol, SRT501, in a Phase 1b Type 2 diabetes clinical study); SBUX +8.7% (announces strategic initiatives to increase shareholder value and Chairman Howard Schultz returns as CEO); VSAT +1.9% (Eutelsat, ViaSat form strategic partnership -- WSJ); SBN +1.6% (aligns business for strong growth in Australia); OMNI +1.6% (Chief Executive Officer James Eckert to retire in 2008); ELGX +1.0% (expects total 2007 revenue of $27.8 mln vs $27.3 mln consensus)... Trading Down: GRB -7.9% (announces shipment delayed to Q1 FY 2009; Lowers FY08 guidance); EAT -6.2% (announces prelim Q2 EPS below consensus; Reports preliminary comparable restaurant sales); SGEN -4.1% (earns milestone payment from initiation of SGN-40 Phase Ib clinical trial in combination with Rituxan for Non-Hodgkin Lymphoma); ESCC -3.6% (reaffirms 4Q08 guidance and announces December sales); EPHC -1.5% (assets under mgmt grow to $6.7 bln); OMEX -1.5% (appoints Greg Stemm as Chairman and Chief Executive Officer); GPI -1.3% (acquires Mercedes-Benz dealership on Long Island); ELOY -1.2% (announced that it has recently signed two additional Behavioral Analytics contracts); BAS -1.1% (reports selected operating data for December 2007); TWB -1.1% (reports 9-week comparable sales of +9% vs +4% for year ago); BOBE -0.9% (reports Dec same store sales of +1.1%; no estimates); NUAN -0.8% (reports inducement grant under NASDAQ Marketplace Rule 4350).