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StreetInsider.com After-Hours Movers 05/21

May 21, 2007 5:39 PM EDT Send to a Friend
StreetInsider.com After-Hours Movers:

MGM Mirage (NYSE: MGM) 16.6% HIGHER; Kirk Kerkorian's Tracinda Corp, a 56% holder, announced that it intends to enter into negotiations with MGM MIRAGE to purchase the Bellagio Hotel and Casino and City Center properties. Tracinda also wishes to pursue strategic alternatives with respect to its investment in MGM MIRAGE which may include financial restructuring transactions involving all or a substantial portion of the remainder of the Company.

American Science & Engineering Inc. (Nasdaq: ASEI) 5% HIGHER; reports Q4 EPS of $0.60, with $0.23 in stock expenses, versus the consensus of $0.80. Revenues came in at $45.9 million versus the consensus of $47.2 million. $35 million buyback. Also approved a stock dividend plan for fiscal year 2008 which will begin with the first quarter of fiscal year 2008 (June 2007 quarter).

Trump Entertainment Resorts (Nasdaq: TRMP) 3% HIGHER; Kerkorian/MGM news

Las Vegas Sands Corp. (NYSE: LVS) 3% HIGHER; Kerkorian/MGM news

Wynn Resorts Ltd. (Nasdaq: WYNN) 3% HIGHER; Kerkorian/MGM news

Dynegy Inc. (NYSE: DYN) 3% LOWER; Chevron Corporation (NYSE:C VX) has indicated that it intends to offer for sale all 96,891,014 of its shares of Dynegy's Class A common stock in an underwritten public offering

Pacific Sunwear of California Inc. (Nasdaq: PSUN) 2.8% HIGHER; reports Q1 loss ex-items, of $0.04, in-line with estimates. Revenues came in at $320.6 million versus the consensus of $308.1 million. Still sees Q2 EPS of $0.18-$0.20, versus the consensus of $0.18.



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