After Hours Summary: SIGM -10.1% on earnings; ACAS +1.0% (Castle Harlan agrees to buy Anchor Drilling Fluids USA for $250) -Update-

Wednesday, March 12, 2008

After Hours Summary: SIGM -10.1% on earnings; ACAS +1.0% (Castle Harlan agrees to buy Anchor Drilling Fluids USA for $250) -Update- Companies moving in after hours trading in reaction to earnings: Trading Up: EFUT +16.4%; TBSI +7.0%; BMTI +2.2%... Trading Down: SIGM -10.1%; AIRM -3.3%; NGAS -2.9%... Companies moving in after hours trading in reaction to news: Trading Up: INSW +7.2% (expects record revenue for Q1 2008; net income expected to increase 60% Year-Over); IKAN +1.0% (Judge orders complete dismissal of securities class action against IKAN); ACAS +1.0% (Castle Harlan agrees to buy Anchor Drilling Fluids USA for $250)... Trading Down: ATAR -34.4% (has hired a financial advisor to help evaluate the proposal by Infogrames Entertainment to acquire the co for $1.68 a share); ABTL -1.0% (postpones release of 2007 financial results).