After-Hours Movers 11/04: Clearwire (CLWR), Sprint (S) Up As FCC Appproves WiMax Deal

November 4, 2008 6:31 PM EST

StreetInsider.com After-Hours Movers:

Clearwire Corporation (Nasdaq: CLWR) 20% HIGHER; FCC approves Sprint, Clearwire WiMax deal

Kendle (Nasdaq: KNDL) 12% HIGHER; reports Q3 EPS of $0.55, ex-items, 1 cent lower than the analyst estimate of $0.56. Revenue for the quarter was $124.8 million, versus the consensus of $125.93 million. Raises its FY08 EPS guidance from $2.00-$2.15 to $2.10-$2.25, versus the consensus of $2.04. Revs for the year go from $490-$500 million to $485-$500 million, versus the Street estimate of $493.68 million.

SuperGen (Nasdaq: SUPG) 12% HIGHER; reports Q3 loss of $0.01, 10 cents better than the analyst estimate of ($0.11). Revenue for the quarter was $10.2 million, versus the consensus of $8.65 million. The Company has revised its royalty revenue upward from previous guidance for 2008 to range from $33 million to $36 million. The Company recognizes royalty revenue on a cash basis when it is received. The Company has reduced its anticipated milestone receipts relating to the sale of products to Mayne Pharma to $1.8 million for 2008. Research and development expenses for 2008 have been revised downward and are expected to total approximately $33 million to $35 million.

The Boston Beer Company, Inc. (NYSE: SAM) 11% LOWER; reports a Q3 loss of $0.02, which may not compare to the consensus of $0.28. Net revenue for the third quarter of 2008 was $101.1 million vs. consensus of $102.47 million.

Sprint Nextel (NYSE: S) 9% HIGHER; FCC approves Sprint, Clearwire broadband deal

Blue Nile, Inc. (Nasdaq: NILE) 8% LOWER; reports Q3 EPS of $0.15, 1 cent lower than the analyst estimate of $0.16. Revenue for the quarter was $67.4 million, versus the consensus of $68.77 million.
Maxygen, Inc. (Nasdaq: MAXY) 8% HIGHER; reports Q3 EPS of $2.20, ex-items, versus the analyst estimate of $1.83. Revenue for the quarter was $92.1 million, versus the consensus of $88.79 million.
Weight Watchers International, Inc. (NYSE: WTW) 6% HIGHER; reports Q3 EPS of $0.67, in-line with the analyst estimate of $0.67. Revenue for the quarter was $352.6 million, versus the consensus of $356.26 million. Sees FY08 EPS of $2.75-$2.78, versus the consensus of $2.78.

Andersons Inc (Nasdaq: ANDE) 5% HIGHER; reports Q3 EPS of $0.70, 6 cents better than the analyst estimate of $0.64. Revenue for the quarter was $905.7 million, versus the consensus of $806.46 million. Sees FY08 EPS of $3.50-$4.00, versus the consensus of $4.32.

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