After Hours Summary

Thursday, February 7, 2008

After Hours Summary: MFE +4.0% on earnings/guidance; CF +6.5% on earnings; MGM -1.1% issues Q4 guidance above consensus; co is unable to determine the financial impact of the fire, expects higher construction costs for City Center) -Update-

Companies moving in after hours trading in reaction to earnings: Trading Up: VNUS +13.0%; CTSH +12.7%; ADEP +12.5%; PHTN +11.5%; EPIC +8.1%; LMNX +8.0%; CELL +8.0%; MTD +7.5%; IN +7.4%; FALC +7.0%; CF +6.9%; CSTR +6.9%; UNTD +5.4%; LQDT +5.1%; TSYS +4.2%; BMC +4.1%; MFE +4.0%; TTMI +3.9%; ALNY +3.9%; MGRM +3.9%; PWER +3.3%; EOG +3.2%; NMSS +3.1%; GCOM +3.1%; TKLC +2.4%; PBI +1.8%; SRVY +1.7%; CENT +1.6%; BBND +1.3%; UEPS +1.1%; ATW +1.1%; GNW +1.1%; CMO +1.0%... Trading Down: SCOR -14.8%; CHRD -8.2%; TWLL -7.1%; APKT -7.0%; INPH -6.8%; RMD -5.1%; OMTR -4.7%; RNWK -4.3%; ESE -3.8%; RTEC -3.3%; PDFS -3.2%; IOSP -2.9%; AEIS -2.5%; KNXA -2.3%; MAA -1.7%; HAYN -1.3%; NFS -1.2%; XXIA -1.1%; ALKS -1.0%; ROLL -1.0%... Companies moving in after hours trading in reaction to news: Trading Up: TSTR +44.9% (announces a strategic investment by EchoStar, Harbinger & other investors of $300 Mln); CSTR +11.7% (announces agreement to expand Coinstar Centers and Redbox in Wal-Mart locations); BIOS +3.7% (responds to inquiries regarding Competitive Acquisition Program); BWA +2.6% (reiterates FY08 EPS above consensus); SYNA +1.3% (discloses that the Board has authorized a new repurchase program of up to $80 mln)... Trading Down: ARUN -24.6% (guides lower; stock halted); APKT -7.0% (announces planned retirement of Chief Financial Officer); LIFC -5.5% (revises FY07 EPS in-line); UVV -2.0% (reports 12% increase in revs, EPS of $1.56 vs $1.17 YoY); DTG -2.7% (announed Steven B. Hildebrand, Senior Executive Vice President and Chief Financial Officer, has announced his retirement); AMPX -1.6% announces appeals court affirms Kodak summary judgment); CYCL -1.6% (announces that Thomas McInerney has stepped down as the co's non-executive Chairman); VOLC -1.1% (announces FDA 510k clearance of revolution rotational catheter and FFR for the s5i integrated IVUS console); MGM -1.1% (issues Q4 guidance above consensus; co is unable to determine the financial impact of the fire, expects higher construction costs for City Center).