After Hours Summary:

Monday, June 2, 2008

Companies trading higher in after hours in reaction to earnings: NCS +14.1%... Companies trading down in reaction to earnings: LULU -11.2%; SEED -10.7%; MIND -8.0%; CMOS -1.9%; TMRK -0.8%... Companies trading higher in after hours in reaction to news: CRTX +6.2% (completes Phase II clinical trial for zileuton injection); NI +5.1% (unit announces purchase of Sugar Creek generating facility for $330 mln; reaffirms net operating earnings of $1.25-1.35 for the period of 2008-2010); MVL +2.5% (will replace The Commerce Group); CSC +2.3% (awarded DISA ENCORE II contract to provide IT services across all military services, Department of Defense and other Federal Agencies); BCE +1.9% (confirms Supreme Court of Canada grants leave to appeal); TMO +1.6% (announces acquisition of Chemito Technologies); ACUR +1.5% (announces active IND for second opioid analgesic product candidate using aversion technology); CELG +1.3% (announced data from two phase II clinical studies of amrubicin; Results of the studies demonstrated improved overall response rates, primary endpoint of the study was met); MT +1.0% (to raise South Africa steel prices as much as 6%, price increase will occur next month -- Bloomberg); ALCO +0.9% (to discontinue ethanol efforts)... Companies trading lower in reaction to news: TMA -10.6% (announces further delay of reporting earnings; receives receipt of NYSE non-compliance notification); GDP -1.9% (files for ~908K share of common stock shelf offering); SNH -1.9% (announces proposed public offering of 10 mln common shares); STT -1.7% (announces $2.5 bln common stock offering) IMO -1.6% (Will seek acceptance to continue its existing share repurchase program -- DJ); CAL -1.4% (reports May 2008 operational performance); RKT -0.6% (announces $55/ton price increase on linerboard and corrugating medium).