After Hours Summary:

Tuesday, January 22, 2008

After Hours Summary: AAPL down 11.0% on earnings/guidance; NCC down 5.2% (announces a $1 bln convertible notes offering pursuant to an effective shelf registration statement) -Update-

Companies moving in after hours trading in reaction to earnings: Trading Up: TXN +3.7%; SPSN +3.7%; DOX +1.3%... Trading Down: AAPL -11.0; PLT -9.2%; HOKU -8.7%; SUPX -5.5%; ACF -4.0%; PKG -3.6%; CAMD -2.7%; CREE- 2.0%; PHHM -1.8%; WASH -1.1%... Companies moving in after hours trading in reaction to news: Trading Up: CBR +11.4% (sees Q4 EPS below consensus, revs above consensus); BKI +4.5% (sees Q2 EPS above consensus); STJ +2.3% (announces FDA approval of next generation internet-based data management system for implantable cardiac devices); CYD +2.1% (announces that the Audit Committee has concluded its independent inquiry); ANLY +1.9% (announces new plan to restore the company to profitability); CLUB +1.2% (announces the appointment of Daniel Gallagher as CFO)... Trading Down: MOSY -11.0% (guides Q4 revs to be approx $2.9 mln vs consensus of $4.03 mln); AEIS -9.3% (lowers Q4 guidance below consensus); PETM -6.8% (issues downside Q4 EPS guidance); NCC -5.2% (announces a $1 bln convertible notes offering pursuant to an effective shelf registration statement); SPWR -3.5% (Announces Triggering Event for Convertibility of 1.25% Senior Convertible Debentures Due 2027 and 0.75% Senior Convertible Debentures Due 2027); NPSP -3.0% (Value Fund discloses 5.7% stake in SC 13G); STJ -1.6% (announces renewal of complete line of cardiovascular purchase agreements with HealthTrust Purchasing Group); TRCA -1.5% (initiates phase II clinical trial with next-generation growth hormone product for the treatment of short stature).