Guidance

Horizon Bancorp (NASDAQ: HBNC) announced today that it has taken a provision for loan losses of $3.137 million for Q308. This compares to a provision of $1.490 million for Q208. This increase is primarily due to the deterioration of three commercial loans in Horizon's loan portfolio. Horizon's commercial loan portfolio totaled approximately $305 million as of September 30, 2008.

Sees Q3 non-performing loans to increase to about $6.634 million, compared to $6.594 million in Q2. Sees Q3 EPS of $0.41, versus the consensus of $0.71. Sees FY08 earnings exceeding FY07 levels.

Horizon Bancorp operates as a holding company for Horizon Bank, N.A. that provides commercial and retail banking products and services in northwestern Indiana and southwestern Michigan.

Himax Technologies, Inc. (Nasdaq: HIMX) reports preliminary Q3 sales of $230.1 million, versus the consensus of $229.92 million. Himax expects to either meet or beat its Q3 gross margin and EPS guidance of a decline of 1-1.5% and $0.14-$0.17, respectively.

Himax Technologies, Inc., together with its subsidiaries, engages in the design, development, and marketing of semiconductors that are used as components of flat panel displays.

Devon Energy Corporation (NYSE: DVN) announced today that it has restored approximately 30,000 oil-equivalent barrels per day of offshore oil and natural gas production in the Gulf of Mexico. Devon was producing approximately 50,000 Boe per day from its Gulf of Mexico properties prior to suspending production in preparation for Hurricanes Gustav and Ike.

Devon expects to restore approximately 5,000 Boe per day of additional offshore production during Q408 as repairs are made to production facilities and transportation systems.

Lowers its Q3 company-wide production from 61 million Boe to 59 million Boe. About two-thirds of the two million Boe reduction to Q3 volumes is attributable to the U.S. hurricanes and to typhoons in the South China Sea. The weather-related reduced volumes are roughly 40% oil and 60% natural gas. The remaining one-third of the Q3 forecast reduction is attributable to the ACG field, which produces only oil.

Q4 production moves from 64 million Boe to 61-62 million Boe, depending upon the timing of repairs. About two-thirds of the reduction to the Q4 forecast is attributable to curtailments caused by the U.S. hurricanes. The hurricane-related reduced volumes in Q4 are roughly 50% oil and 50% natural gas. The remaining one-third of the Q4 forecast reduction is attributable to expected down time at ACG.

Devon Energy Corporation and its subsidiaries primarily engage in oil and gas exploration, development, and production; the transportation of oil, gas, and natural gas liquids; and the processing of natural gas.

STEC, Inc. (Nasdaq: STEC) sees Q3 sales and non-GAAP EPS at the high end of its previously issued guidance range of $61-$63 million and $0.10-$0.11, respectively.

The Company plans to formally announce its actual results of operations for Q308 on November 10, 2008.

STEC, Inc. designs, develops, manufactures, and markets custom memory solutions based on flash memory and dynamic random access memory (DRAM) technologies in the United States and internationally.

PetroQuest Energy, Inc. (NYSE: PQ) announced today that on October 2, 2008 it closed a $300 million bank credit facility with JPMorgan Chase Bank, N.A. as administrative agent, Calyon New York Branch as syndication agent, Bank of America, N.A. as documentation agent, Wells Fargo Bank, N.A. and Whitney National Bank as participants. The credit facility provides an initial borrowing base of $150 million, which represents a $55 million increase in borrowing base capacity from the previous facility. The credit facility matures on February 10, 2012; however, the maturity date will be extended to October 2, 2013 if the Company repays or refinances its $150 million senior notes prior to February 10, 2012.

The Company estimates that 1.2 Bcfe of net production was deferred from Q308 as a result of down-time caused by Hurricanes Gustav and Ike. Production from the majority of the Company's Gulf Coast Basin properties has been restored. The Company is currently producing approximately 100 MMcfe per day, with an additional 6.5 MMcfe of Gulf Coast Basin production shut-in from storm damage. As a result of the impact of the hurricanes, the Company expects Q308 production to be in the range of 86-90 MMcfe per day. The Company expects the remaining shut-in production to be restored throughout Q408 and Q109.

Sees capex for '08 in the range of $265-$285 million.

PetroQuest Energy, Inc. operates as an independent oil and gas company.