After Hours Summary

Monday, May 12, 2008

After Hours Summary: FLR +7.4% on earnings/guidance; PBR +3.0 on earnings/guidance; LDK -5.3% on earnings/guidance

Companies trading higher in after hours in reaction to earnings: Trading Up: FSYS +16.1%; KNXA +15.1%; FLR +7.4%; IAAC +7.3%; BE +5.4%; ULTR +5.2%; BYI +4.4%; WRNC +3.8%; PGIC +3.5%; CAST +3.2%; CBAK +3.0%; PBR +3.0%; ARTE +2.8%; PKOH +2.5%; VSE +1.6%; CLWR +1.3%; MTXX +1.3%... Companies trading lower in after hours in reaction to earnings: WAVX -13.7%, ABP -11.5%; DFR -11.3%; FXEN -9.1%; WSPI -5.8%; USS -5.4%; LDK -5.3%; NUAN -5.1%; GVP -3.1%; CHRK -2.8%; SIRI -2.4%; VGR -2.0%; CKEC -1.3%... Companies trading higher in after hours in reaction to news: CKXE +6.1% (announces revised purchase offer from 19X for $12 per share); XJT +2.1% (reports April performance; RPMs totaled 148 mln, load factor of 63%); WOLF +1.0% (Co and Hovde Capital Advisors agree to settle proxy contest)... Companies trading lower in after hours in reaction to news: CRZ -11.3% (announces appointment of new President and CEO; expect mkt conditions in finance to persist for some time); HOKU -7.9% (Hoku and Suntech announce amended polysilicon supply contract); OPWV -4.2% (reports delay in filing SEC form 10-Q); NAT -3.7% (announces that it has commenced an offering of 4 mln shares); CPNO -3.2% (announces $250 mln private placement of senior NOTES); NLY -2.5% (files for 40 mln share common stock offering); JRN -1.4% (CFO announces retirement).