After Hours Summary

Thursday, March 27, 2008

After Hours Summary: BSC -5.2% (Chairman James Cayne discloses sale of 5.6 mln shares at $10.84 on 3/25); APOL -19.0% on earnings/guidance

Companies moving in after hours trading in reaction to earnings: Trading Up: CRTX +21.0%; KOPN +11.4%; RHT +7.2%; XRTX +5.6%; ACN +4.4%; CCIX +4.2%; TIBX +2.2%; FINL +1.6%; RUBO +1.1%; NWMO +1.0%... Trading Down: APOL -19.0%; ICOP -4.0%; SCS -3.4%; KTOS -2.3%; EGT -1.3%... Companies moving in after hours trading in reaction to news: Trading Up: LMRA +8.7% (announces agreement to merge with GigOptix); SMA +6.2% (delays 10-k filing to complete review, reaffirms FY08 guidance of revs $350-360 mln vs $359.67 mln First Call consensus); MOS +2.2% (announces canpotex potash contracts with Indian customers); DBD +0.8% (announces that it currently holds ~3.5% of the outstanding common shares of Diebold); OSIP +1.1% (discloses that CFO Michael Atieh will retire from the co in March 2009)... Trading Down: USNA -31.9% (lowers Q1 EPS and revs guidance below consensus); OPLK -18.5% (lowers Q3 guidance); BSC -5.2% (Chairman James Cayne discloses sale of 5.6 mln shares at $10.84 on 3/25); OPTR -4.8% (files a $100 mln mixed securities shelf offering in an S-3); MFE -2.7% (announces CFO Eric Brown's resignation; leaves to ERTS); JRT -1.8% (to sell remaining interest in portfolio of charter school properties for ~$39.5 mln).