After Hours Summary

Wednesday, April 2, 2008

After Hours Summary: RIMM +4.8% on earnings/guidance; CCU +4.4% (Federal judge orders CCU case back to state court – Bloomberg); LDK +10.8% (signs a ten-year wafer supply agreement with Moser Baer Photo Voltaic)

Companies moving in after hours trading in reaction to earnings: Trading Up: ANGO +14.7%; RIMM +4.8%; MU +2.0%; HOFT +0.9%... Trading Down: RT -3.6%... Companies moving in after hours trading in reaction to news: Trading Up: XIN +11.0% (announces preliminary sales figures for first quarter 2008); LDK +10.8% (signs a ten-year wafer supply agreement with Moser Baer Photo Voltaic); RBN +4.7% (announces $5.4 mln gain; increases Q3 2008 EPS guidance to $0.53-0.58 vs. $0.47 and FY08 EPS guidance to $1.92-2.03 vs. $1.94 consensus); TMWD +4.6% (raises Q1 EPS and revs guidance above consensus); CCU +4.4% (Federal judge orders CCU case back to state court -- Bloomberg); KBR +1.7% (joint venture awarded engineering and procurement management services); DWRI +1.3% (announces multi-year employment agreement with CEO Ray Brunner)... Trading Down: HNI -12.6% (warns of weakening first quarter revenue and profit); NYNY -3.0% (to issue 4.2 mln shares at a price of $1.233/share in stock purchase agreement); LNDC -2.2% (delays Q3 release and provides preliminary Q3 results); LZB -1.5% (announces consolidation; to take charge of $0.20-0.24); AMGN -1.1% (Pivotal Phase 3 Data Show Denosumab Increased Bone Density at Multiple Skeletal Sites in Early and Later Stage Postmenopausal Women); HLX -1.3% (Sells Interest in Deepwater Fields for $165 mln).