After Hours Summary:

Thursday, June 26, 2008

After Hours Summary: PALM -4.4% on earnings; BUD +1.0% (Anheuser-Busch rejects InBev proposal as financially inadequate, Not in best interests of Shareholders) Companies trading higher in after hours in reaction to earnings: FINL +6.6%; DISK +5.7%; PAYX +3.0%; ACN +1.9%; CYAN +1.4%... Companies trading down in reaction to earnings: EGLS -4.8%; PALM -4.4%; TIBX -1.6%; MU -1.3%... Companies trading higher in after hours in reaction to news: BDAY +52.6% (Liberty Media to acquire Celebrate Express); IPCM +15.3% (announces that it has signed a definitive agreement to acquire Hospitalists of America); ANDE +13.0% (raises FY08 EPS guidance above consensus); FMD +11.3% (GS Capital Partners has invested $59.8 mln for the co's preferred stocks and converted it into FMD common stock); GTN +4.3% (issues $75 mln of series D perpetual preferred stock); AKS +3.8% (AK Steel will replace Countrywide Financial in the S&P 500); BRL +3.4% (announces favorable ruling in Mirapex patent challenge); FISI +3.3% (announces $5 mln stock repurchase program); UST +2.4% (reaffirms FY08 EPS guidance); WY +1.4% (announces impairment charges); MDT +1.3% (Board elects Hawkins Chairman); BIDZ +1.2% (reaffirms Q2 and FY08 guidance); BUD +1.0% (Anheuser-Busch rejects InBev proposal as financially inadequate, Not in best interests of Shareholders)... Companies trading lower in reaction to news: OPTR -9.1% (reports additional data on investigational compound OPT-80 at anaerobe 2008 Congress); HDSN -7.4% (files a $30 mln mixed securities shelf offering in an S-3); HRZB -5.1% (expects non-performing assets and charge-offs to increase; reactived search for a new CFO); ACLI -1.1% (files $200 mln mixed securities shelf offering in an S-3).