WRAPX After Hours Summary

Thursday, January 10, 2008

WRAPX After Hours Summary: AXP down 6.8% (says given the credit-related trends, it will take a pre-tax charge of approximately $440 mln in Q4); INTC up 0.2% (expected to post 12% jump in Q4 revs; co sees Q4 revs of $10.5-11.1 bln vs. $10.8 bln consensus- DJ) -Update-

Companies moving in after hours trading in reaction to earnings: Trading Up: SHFL +13.3%; SNX +7.0%; DMAN +6.2%; IHS +1.0%... Companies moving in after hours trading in reaction to news: Trading Up: AMCP +37.3% (announces definitive agreement to be acquired by Employers Holdings, Inc. for $12.50/share); EDAC +26.2% (receives $1.9 mln Military contract including an option for up to an additional $1.9 mln, its largest Military contract to date); MEAD +21.1% (Co, Star Instruments and RC Optical Systems agree to settlement); SPIR +21.0% (says on track to significantly grow the co's revenues in the solar energy and solar capital equipment markets); URI +11.7% (sees FY07 EPS, ex benefit, below consensus, and guides FY07 revs; sees FY08 EPS above consensus, sees FY08 revs below consensus); TMY +11.5% (reports Q4 revs of ~$11.2 mln vs $8.9 mln prior year (no estimates); conf call will be held on Jan 14 to discuss merger agreement at a price of $3.00 per share); DENN +5.2% (says they expect to meet full year EPS guidance; On Nov 1, co guided FY07 adjusted net income of $8-$10 mln); BX +4.3% (to write down part of its FGIC investment -- WS); PDII +2.3% (announces extension of sales services agreement with top-10 pharma company through April 2009); CHCI +1.9% (sees Q4 revs $52.5 mln, no estimates); INTC +0.2% (expected to post 12% jump in Q4 revs; co sees Q4 revs of $10.5-11.1 bln vs. $10.8 bln consensus- DJ)... Trading Down: BMJ -14.5% (reports holiday sales results); AB -7.8% (announces FY07 earnings per unit expected to be approximately $0.30 lower than prior guidance); CPA -4.4% (announces 9.4% traffic growth for December 2007); JMBA -7.5% (reports prelim revs below consensus; reports co-owned comparable store sales of (3.3%)); AXP -6.8% (says given the credit-related trends, it will take a pre-tax charge of approximately $440 mln in Q4); JNPR -3.8% (announces that Stephen Elop resigned as the Chief Operating Officer); GBX -2.8% (discloses in 8-k that Larry Brady retired as Senior Vice President and Chief Financial Officer and Mark Rittenbaum was appointed as replacement); LTR -1.8% (announces sale of Bulova Corporation for pretax gain of $105 mln); BHLB -1.7% (sees Q4 core EPS about $0.50; sees 2007 core EPS of $2.06); KONA -1.6% (guides Q4 EPS of ($0.10-0.15) vs ($0.09) First Call consensus; revs of $18.1 mln vs $19.36 mln First Call consensus); SNWL -1.5% (reaffirms Q4 EPS; narrows Q4 guidance range