Pre-Open Movers: MER, LVS Lower; RSYS, VIA Higher
StreetInsider.com Pre-Open Movers:
RadiSys (Nasdaq: RSYS) 21% HIGHER; reported Q3 EPS of $0.11, cents better than the analyst consensus of $0.01. Revenues for the quarter were $83.6 million, versus the consensus of $77.1 million. Q4 earnings 11-15 cents versus consensus 5 cents.
Vanda Pharmaceuticals Inc. (Nasdaq: VNDA) 18.8% HIGHER; said it no longer intends to offer convertible senior notes. Shares of Vanda sank 26% yesterday after announce plans to offer $100M in convertible senior notes.
Cogent (Nasdaq: COGT) 16% LOWER; reported Q3 EPS of $0.04, cents better than the analyst consensus of $0.09. Revenues for the quarter were $22.5 million, versus the consensus of $30.14 million.
GB&T Bancshares, Inc. (Nasdaq: GBTB) 15% HIGHER; SunTrust Banks, Inc. (NYSE: STI) announced a definitive agreement to acquire GB&T Bancshares in a stock for stock deal. Under the terms of the agreement announced today, GB&T shareholders would receive .1562 shares of SunTrust common stock for each share of GB&T common stock held. Based on SunTrust's closing price of $69.13 on Nov. 1, 2007, and the 14,230,796 shares of GB&T outstanding as of October 31, 2007, the transaction value would be approximately $153.7 million
Itron (Nasdaq: ITRI) 14% LOWER; reported Q3 EPS of $0.65, below the analyst consensus of $0.77. Revenues for the quarter were $434 million, versus the consensus of $444.4 million.
Cepheid (Nasdaq: CPHD) 13% HIGHER; Reports Q3 results
Investools (Nasdaq: SWIM) 12.6% HIGHER; reported Q3 EPS of $0.19, 9 cents better than the analyst consensus of $0.10. Revenues for the quarter were $84 million, versus the consensus of $77.8 million.
Las Vegas Sands (NYSE: LVS) 12.5% LOWER; reported Q3 EPS of $0.12, 19 cents lower than the analyst consensus of $0.31. Revenues for the quarter were $661 million, versus the consensus of $783 million.
American Reprographics (NYSE: ARP) 12.5% LOWER; reported Q3 EPS of $0.35, 4 cents worse than the analyst consensus of $0.39. Revenues for the quarter were $176.2 million, versus the consensus of $180.69 million.
Leap Wireless International, Inc. (NASDAQ: LEAP) 12% LOWER; MetroPCS Communications, Inc. (NYSE: PCS) said its is withdrawing its merger proposal for Leap
Synaptics (Nasdaq: SYNA) 11% HIGHER; reported Q1 EPS of $0.54, 13 cents better than the analyst consensus of $0.41. Revenues for the quarter were $86.7 million, versus the consensus of $84.5 million. Synaptics Q2 revs 96-99 million versus 96.5 million.
Viacom (NYSE: VIA.b) 7% HIGHER; reported Q3 EPS of $0.65, 6 cents above the consensus of $0.59. Revenues came in at $3.27 billion versus the consensus of $2.99 billion.
Evergreen Solar, Inc. (NASDAQ: ESLR) 5% HIGHER; ThinkEquity upgrades ESLR from Accumulate to Buy with a $20 price target.
Immersion Corp (Nasdaq: IMMR) 9% HIGHER; reported Q3 EPS of $0.02, 4 cents better than the analyst consensus of ($0.02) Revenues for the quarter were $9.8 million, versus the consensus of $9 million.
Wynn Resorts Ltd. (Nasdaq: WYNN) 8% LOWER; Bad results from LVS
CA Inc (NYSE: CA) 5.8% HIGHER; reported Q2 EPS of $0.32, 6 cents better than the analyst consensus of $0.26. Revenues for the quarter were $1.06 billion, versus the consensus of $1.01 billion. CA expects FY08 EPS of $1.06 to $1.10, versus the consensus of $1.00.
Brocade Communications Systems Inc. (Nasdaq: BRCD) 4% HIGHER; Cramer highlights on Mad Money
Merrill Lynch & Co. Inc. (NYSE: MER) 3.5% LOWER; Negative WSJ article related to special aggrangements made with hedge funds.
CROCS Inc. (Nasdaq: CROX) 3% HIGHER; Announces 1M share buyback. Yesterday, the stock dropped 36% after disappointing results.
Kinetic Concepts Inc. (NYSE: KCI) 1.4% HIGHER; will replace Pogo Producing Co. (NYSE: PPP) in the S&P MidCap 400 after the close of trading on Tuesday, November 6
Pepco Holdings Inc. (NYSE: POM) 1.3% HIGHER; will replace Manor Care Inc. (NYSE: HCR) in the S&P 500.
Magellan Health (Nasdaq: MGLN) INDICTED HIGHER; reports Q3 earnings of $0.63 per share, 28 cents better than the consensus of $0.35. Revenues rose 30% to $558.1 million versus the consensus of $539.9 million. Magellan Health sees FY07 EPS of $2.13-$2.39 above the consensus of $1.73.
For More StreetInsider.com Special Reports Go Here http://www.streetinsider.com/Special+Reports
Create E-mail AlertRelated Categories
General NewsSpecial Reports
Stocks Mentioned
+0.00
-0.14Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
