After Hours Summary: ADBE -2.6% on earnings/guidance

Monday, June 16, 2008

Companies trading higher in after hours in reaction to earnings: SYUT +5.0%; PXPL +2.3%... Companies trading down in reaction to earnings: ADBE -2.6%; TGAL -2.3%... Companies trading higher in after hours in reaction to news: INSP +1.6% (Board renews athorization of stock repurchase program of up to $100 mln); TRBN +1.6% (announces presentation of 'positive' TRU-015 and SBI-087 data); SRX +1.0% (among contractors awarded $12.225 bln contract by the Defense Information System Agency); CX +0.6% (sees Q2 and FY08 revs above consensus)... Companies trading lower in reaction to news: INFN -26.5% (reaffirms Q2 guidance, issues Q3 guidance below consensus); LMNX -5.8% (announces public offering of common stock of 3.5 mln shares); MDAS -4.6% (Luminetx signs contract with MedAssets); APAGF -1.8% (reports new oil price agreement.