Pre-Open Movers: MER, LVS Lower; RSYS, VIA Higher

November 2, 2007 9:25 AM EDT

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.

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Stocks Mentioned

ARP 27.56

+18.85 +216.42%
Volume: 439,430
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BRCD 7.72

-0.22 -2.77%
Volume: 8,866,255
Track BRCD

CA 16.85

-0.64 -3.66%
Volume: 4,253,298
Track CA

COGT 10.75

-0.08 -0.74%
Volume: 452,583
Track COGT

CPHD 9.39

-0.27 -2.80%
Volume: 470,420
Track CPHD

CROX 3.21

-0.30 -8.55%
Volume: 1,453,653
Track CROX

ESLR 2.39

+0.24 +11.16%
Volume: 25,713,210
Track ESLR

GBTB 8.65

+0.00 +0.00%
Volume: 0
Track GBTB

HCR 0.65

-0.03 -4.41%
Volume: 200
Track HCR

IMMR 3.71

-0.09 -2.37%
Volume: 385,954
Track IMMR

ITRI 53.46

-1.81 -3.27%
Volume: 432,754
Track ITRI

KCI 26.56

-0.49 -1.81%
Volume: 626,772
Track KCI

LEAP 29.18

-1.37 -4.48%
Volume: 2,358,632
Track LEAP

LVS 7.36

-0.34 -4.42%
Volume: 11,378,663
Track LVS

MER 11.64

+0.00 +0.00%
Volume: 49,928,111
Track MER

MGLN 32.21

-0.97 -2.92%
Volume: 356,103
Track MGLN

PCS 27.48

+14.85 +117.58%
Volume: 440,283
Track PCS

POM 29.95

+16.29 +119.25%
Volume: 438,891
Track POM

PPP 60.00

+0.00 +0.00%
Volume: 0
Track PPP

RSYS 8.56

-0.55 -6.04%
Volume: 88,919
Track RSYS

STI 25.08

+8.75 +53.58%
Volume: 445,818
Track STI

SWIM 10.45

+0.00 +0.00%
Volume: 663,270
Track SWIM

SYNA 37.84

-0.62 -1.61%
Volume: 756,744
Track SYNA

VIA.B 41.87

+0.28 +0.67%
Volume: 281,900
Track VIA.B

VNDA 11.88

-0.14 -1.16%
Volume: 476,774
Track VNDA

WYNN 33.41

-1.98 -5.59%
Volume: 2,330,877
Track WYNN


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