| Companies trading down in reaction to earnings: HOFT -13.3%; QSII -5.2%; LUB -3.1%... Companies trading higher in after hours in reaction to news: BPUR +5.6% (phase III othopedic trial results published in Journal of Trauma; the paper's authors concluded that HBOC-201 eliminated the need for transfusion in the majority of patients); BIIB +2.2% (got $82/share buyout offer last year, documents show -- Bloomberg); CCRT +1.4% (comments on FTC and FDIC allegations); EGO +0.9% (issues proxy circular soliciting blue proxies to vote against approval of Frontier's poison pill-ISS Canada also recommends that shareholders vote against)... Companies trading lower in reaction to news: AGP -7.1% (suspends FY08 guidance pending completion of its rate increase negotiations with Tennessee); BWP -2.3% (prices public offering of common units at $25.30); HES -1.9% (announces Glencoe-1 natural gas discovery in Australia); NTY -1.1% (announces preliminary net sales for May 2008 increased 11% YoY to $184 mln). |
After Hours Summary:
Tuesday, June 10, 2008
Posted by DayTrader RockStar at 8:13 PM
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