After-Hours Move 11/17: XFMedia (XFML) Falls After Results, Stericycle (SRCL) Up On S&P 500 Nod

November 17, 2008 6:15 PM EST

StreetInsider.com After-Hours Movers:

XFMedia (Nasdaq: XFML) 26% LOWER; reports Q3 EPS of $0.10, ex-items, 2 cents lower than the analyst estimate of $0.12. Revenue for the quarter was $51.1 million, versus the consensus of $53.36 million. Sees Q4 sales in the range of $48-$50 million, versus the consensus of $61.67 million, and adj-EPS of $0.04-$0.06, versus the Street estimate of $0.11. Lowers its FY08 sales guidance from $198-$208 million to $185-$187 million, versus the consensus of $200.96 million. FY08 adj-EPS move from $0.33-$0.35 to $0.28-$0.30, versus the consensus of $0.34.

DivX, Inc. (Nasdaq: DIVX) 11% LOWER; announced a revision to its revenue and earnings estimates for the fiscal year ending December 31, 2008, following notification from a major advertising customer, Yahoo!, Inc. (Nasdaq: YHOO) that it intends to breach the two-year advertising services agreement announced in September 2007 between the two companies and discontinue making payments required under the agreement. Lowers its FY08 sales guidance from $95-$97 million to $90-$92 million, versus the consensus of $98.50 million, and non-GAAP EPS from $0.58-$0.60 to $0.49-$0.51, versus the Street estimate of $0.59.

Alpha Natural Resources Inc. (NYSE: ANR) 6% LOWER; Cliffs Natural (NYSE: CLF) and Alpha Natural Resources Announce Litigation Settlement and Termination of Definitive Merger Agreement

MEMC Electronic Materials, Inc. (NYSE: WFR) 4% LOWER; lowers its Q4 sales guidance from $540-$600 million to $475-$525 million, versus the consensus of $565.36 million. Gross margins are expected to be about 48%, which compares to the company's previous guidance for margins over 50%. Additionally, the company sees opearting expenses of about $27 million, compared to its prior guidance for $41 million in expenses. The decrease in targeted operating expenses is due to the decrease in stock compensation expense resulting from the forfeiture of option grants in connection with the decision of the company's former Chief Executive Officer, Nabeel Gareeb, to step down from his positions with the Company.

Stericycle Inc. (NASDAQ: SRCL) 2.6% HIGHER; will replace Anheuser-Busch in the S&P 500,

Ford (NYSE: F) 2% HIGHER; Senate Democrats proposed and auto bailout bill. The bill will provide $25 billion in loans to automakers, with 5% interest in first five year and 9% thereafter. The bill also mandates limits on senior executive pay, bans bonuses for executives making more than $250,000. The bill also bans dividend payments during the period of loan repayments.

Diamond Foods Inc. (NASDAQ: DMND) 2% HIGHER; will replace Flowers Foods in the S&P SmallCap 600

Wyeth (NYSE: WYE) 1% HIGHER; will replace Anheuser-Busch Companies Inc. (NYSE: BUD) in the S&P 100.

GM (NYSE: GM) 1% LOWER; Senate Democrats proposed and auto bailout bill. The bill will provide $25 billion in loans to automakers, with 5% interest in first five year and 9% thereafter. The bill also mandates limits on senior executive pay, bans bonuses for executives making more than $250,000. The bill also bans dividend payments during the period of loan repayments.

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