After-Hours Movers 6/12: US Airways (LCC) Up After Cutting Capacity/Jobs; Energy Conversion (ENER) Lower on Equity Offering
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- Capstead Mortgage (CMO) Reports Q2 EPS of $0.58, Misses by 3c
- Capstead Mortgage Corporation Announces Second Quarter 2008 Earnings
- Trading Radar for 7/24: Ford (F), Dow (DOW), Bristol-Myers (BMY), Potash (POT), National City (NCC), Eli Lilly (LLY) Report; Initial Jobless Claims and Existing Home Sales Due
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- David Moenning's Daily State of the Markets: 8/12
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- Unusual 11 Mid-Day Movers 7/15: FHN, AAI, EPEX, WM Higher; VRAZ, FRE, FNM, SAH Lower
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StreetInsider.com After-Hours Movers:
US Airways (NYSE: LCC) 7% HIGHER; Cuts Capacity, Cutting 1.700 Jobs
Energy Conversion Devices, Inc. (Nasdaq: ENER) 4% LOWER; filed preliminary prospectus supplements with the SEC relating to proposed public offerings of 4,708,500 shares of common stock and $225 million aggregate principal amount of Convertible Senior Notes due 2013.
Steel Dynamics, Inc. (Nasdaq: STLD) 4% HIGHER; now expects second quarter 2008 earnings to be within a range of $0.90 to $0.95 per diluted share, versus prior guidance of $0.80 to $0.90 and the consensus of $0.89.
Capstead Mortgage Corp. (NYSE: CMO) 3% HIGHER; Boosts dividend to $0.59/share
Cabot Oil & Gas Corp. (NYSE: COG) 3% HIGHER; Cabot Oil & Gas will replace Brunswick in the S&P 500.
Massey Energy Co. (NYSE: MEE) 1.6% HIGHER; will replace OfficeMax Inc. (NYSE: OMX) in the S&P 500
Trimble Navigation Ltd. (NASDAQ: TRMB) 1.2% HIGHER; will replace CSG Systems International Inc. (NASDAQ: CSGS) in the S&P MidCap 400.
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