After Hours Summary:

Tuesday, June 3, 2008

Companies trading higher in after hours in reaction to earnings: GES +7.0%; DMND +3.1%; BOBE +2.1%; SAI +1.8%... Companies trading down in reaction to earnings: CHNR -2.7%; HOV -1.8%; TUTR -1.3%; NAVI -0.5%... Companies trading higher in after hours in reaction to news: COMV +8.4% (announces 40-megawatt C&I demand response contract with Southern California Edison); LIZ +1.6% (downgraded to Speculative Grade; Outlook Stable at S&P); NDSN +1.5% (cquires remaining interest in Korean joint venture to expand service capability in growing Asia Pacific Markets); MOS +0.6% (anticipates reporting robust Q4 results in FY08 as strong demand and the tight supply situation continues for crop nutrients); YHOO +0.5% (files preliminary proxy statement for 8/1 shareholder meeting; recommends election of all of the board's nominees on the white proxy card and urges not to sign or return any proxy card sent by the icahn entities)... Companies trading lower in reaction to news: TIBX -8.0% (preannounces Q2 EPS and revs below consensus); KRY -7.3% (President and CEO to resign; Board appoints interim CEO and President); ABK -3.3% (S&P says Lorillard to replace Ambac in the S&P 500 -- Bloomberg); NTAP -2.3% (to offer $1.1 bln convertible senior notes due 2013); GMTC -1.0% (Co and Rocky Mountain Industries sign agreement).