After-Hours Movers 5/6: Vanda (VNDA) Surges On FDA Approval, Vical (VICL) Up On Navy Swine Flu Deal, Cisco (CSCO) Up on Results

May 6, 2009 6:36 PM EDT

StreetInsider.com After-Hours Movers:

Vanda Pharmaceuticals, Inc. (Nasdaq: VNDA) 900% HIGHER; Won approval from the FDA for its schizophrenia drug.

Vical Incorporated (Nasdaq: VICL) 20% HIGHER; entered into a Cooperative Research and Development Agreement with the U.S. Naval Medical Research Center, a biomedical research organization within the U.S. Navy, for the expedited development of a vaccine against the potentially pandemic H1N1 strain of influenza virus. The goal of the collaborative development program is to rapidly advance a Vaxfectin(r)-formulated H1N1 DNA vaccine into clinical testing as quickly as possible. Vical would be responsible for securing regulatory approval of the vaccine for use in the United States and other countries.

Ampal-American Israel Corp. (Nasdaq: AMPL) 17% HIGHER; Reports Q1 results

Andersons Inc. (Nasdaq: ANDE) 14% HIGHER; Tops Q1 views.

Eclipsys (Nasdaq: ECLP) 12% HIGHER; reports Q1 EPS of $0.17, versus the analyst estimate of $0.08. Revenue for the quarter was $130.2 million, versus the consensus of $125.15 million

ION Geophysical Corporation (NYSE: IO) 16% LOWER; reports Q1 loss of $0.29, ex-items, versus the analyst estimate of ($0.08). Revenue for the quarter was $106.9 million, versus the consensus of $132.75 million. Sees FY09 sales of $570-$630 million, versus the consensus of $555.50 million. Non-GAAP EPS for the year are expected to be a loss of $0.17-$0.33, versus the Street estimate of ($0.05).

Hersha Hospitality Trust (NYSE: HT) 16% LOWER; Misses Q1 views

Career Education (Nasdaq: CECO) 10% LOWER; reports Q1 EPS of $0.32, 1 cent lower than the analyst estimate of $0.33. Revenue for the quarter was $437.4 million, versus the consensus of $446.73 million.

Ferro (NYSE: FOE) 10% LOWER; reports Q1 EPS of ($0.46) versus the analyst estimate of ($0.24). Revenue for the quarter was $358 million, versus the consensus of $419.03 million.

Blackboard, Inc. (Nasdaq: BBBB) 9% LOWER; reports Q1 EPS of $0.27, 2 cents better than the analyst estimate of $0.25. Revenue for the quarter was $86.4 million, versus the consensus of $85.18 million. Sees Q2 revs of $87.5-$90.5 million, versus the consensus of $90.5 million. Sees FY09 EPS of $1.21-$1.38, versus the consensus of $1.44 and revs of $365.5-$374.5 million, versus the Street estimate of $368.5 million.

Avis Budget Group, Inc. (NYSE: CAR) 9% LOWER; reports Q1 loss of $0.44 ex-items, 19 cents better than the analyst estimate of ($0.63). Revenue for the quarter was $1.2 billion, versus the consensus of $1.25 billion.

Capital One Financial Corp. (NYSE: COF) 9% HIGHER; reports the company doesn't need to bolster its capital cushion under the stress test

Prudential Financial, Inc. (NYSE: PRU) 4% HIGHER; reports Q1 EPS of $1.05, versus the analyst estimate of $0.83. Revenue for the quarter was $8 billion, versus the consensus of $6.58 billion.

Simon Property Group, Inc. (NYSE: SPG) 3% LOWER; intends to conduct, subject to market and other conditions, an offering of 14,000,000 shares of common stock.

Cisco Systems (Nasdaq: CSCO) 2% HIGHER; reports Q3 EPS of $0.30, 5 cents better than the analyst estimate of $0.25. Revenue for the quarter was $8.2 billion, versus the consensus of $8.07 billion.

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