Pre-Open Movers 8/11: AgFeed (FEED) Higher on Results/Guidance; Brinker (EAT) Lower on Downgrade

August 11, 2008 9:27 AM EDT

StreetInsider.com Pre-Open Movers:

VeriChip Corporation (NASDAQ: CHIP) 36% HIGHER; Declares $1.35/Share Special Dividend

AgFeed Industries (Nasdaq: FEED) 19% HIGHER; reports Q2 EPS of $0.27, above the consensus of $0.17. Revenues came in at $35.64 milion, versus the consensus of $28.46 million. Sees FY08 EPS of $1.08-$1.20 versus the conensus of $0.95. Sees FY08 revenues of $145-$155 million, versus the consensus of $136.92 million.

Petrohawk Energy Corp. (NYSE: HK) 7% LOWER; To Offer 25M shares.

American Water Works (NYSE: AWK) 6% HIGHER; Barron's highlights the stock this weekend.

Extreme Networks, Inc. (Nasdaq: EXTR) 5.6% HIGHER; intends to commence a "modified Dutch auction" tender offer to purchase $100 million worth of its common stock at a price per share not less than $3.30 and not greater than $3.70.

Brinker International Inc. (NYSE: EAT) 5% LOWER; Goldman downgrades to Sell

Auxilium Pharmaceuticals Inc. (Nasdaq: AUXL) 5% HIGHER; Barron's highlights the stock this weekend.

National City Corporation (NYSE: NCC) 4% LOWER; SEC probe

Calpine Corporation (NYSE: CPN) 4% HIGHER; reports Q2 EPS of $0.41, compared to a $1.04 loss reported in Q207. Revenues for the quarter were $2.83 billion, compared to $2.06 billion in the same quarter last year.

Qwest Communications (NYSE: Q) 4% HIGHER; Citi upgrades to Buy

i2 Technologies, Inc. (NASDAQ: ITWO) 4% HIGHER; JDA Software Group Inc. (NASDAQ: JDAS) announced a definitive merger agreement to acquire i2 Technologies for $14.86/shaer.

Hertz (NYSE: HTZ) 3% LOWER; J.P. Morgan downgrades to Neutral

Emulex Corp. (NYSE: ELX) 3% HIGHER; Citi upgrades to Buy

LDK Solar Co.Ltd. (NYSE: LDK) 3% HIGHER; ThinkPanmure upgrades to Buy

Bronco Drilling Company, Inc. (NASDAQ: BRNC) 2% LOWER; Allis-Chalmers Energy Inc. (NYSE: ALY) and Bronco Drilling Company announced that they have terminated their Agreement and Plan of Merger relating to the proposed acquisition of Bronco by Allis-Chalmers.


Get This Report E-Mailed To You Daily and Much, Much More With StreetInsider.com Premium - FREE TRIAL


Related Categories

Special Reports

Stocks Mentioned

ALY 5.69

+0.13 +2.34%
Volume: 128,973
Track ALY

AUXL 29.19

-0.06 -0.21%
Volume: 334,031
Track AUXL

AWK 20.19

+0.17 +0.85%
Volume: 400,406
Track AWK

BRNC 6.67

+0.45 +7.23%
Volume: 138,289
Track BRNC

CHIP 0.54

+0.06 +12.50%
Volume: 7,200
Track CHIP

CPN 8.44

+0.19 +2.30%
Volume: 1,231,409
Track CPN

EAT 11.00

+0.65 +6.28%
Volume: 3,466,515
Track EAT

ELX 7.55

+0.08 +1.07%
Volume: 1,145,480
Track ELX

EXTR 2.20

+0.14 +6.80%
Volume: 397,089
Track EXTR

FEED 1.69

-0.07 -3.98%
Volume: 1,240,331
Track FEED

HK 17.97

+0.63 +3.63%
Volume: 4,870,108
Track HK

HTZ 5.97

+0.24 +4.19%
Volume: 1,162,797
Track HTZ

ITWO 6.52

+0.00 +0.00%
Volume: 62,273
Track ITWO

JDAS 13.43

+0.19 +1.44%
Volume: 149,350
Track JDAS

LDK 14.50

+0.72 +5.22%
Volume: 2,124,442
Track LDK

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

Q 4.04

+0.46 +12.85%
Volume: 33,097,957
Track Q


Related Entities


Add Your Comment