Pre-Open Movers 8/11: AgFeed (FEED) Higher on Results/Guidance; Brinker (EAT) Lower on Downgrade

August 11, 2008 9:27 AM EDT

StreetInsider.com Pre-Open Movers:

VeriChip Corporation (NASDAQ: CHIP) 36% HIGHER; Declares $1.35/Share Special Dividend

AgFeed Industries (Nasdaq: FEED) 19% HIGHER; reports Q2 EPS of $0.27, above the consensus of $0.17. Revenues came in at $35.64 milion, versus the consensus of $28.46 million. Sees FY08 EPS of $1.08-$1.20 versus the conensus of $0.95. Sees FY08 revenues of $145-$155 million, versus the consensus of $136.92 million.

Petrohawk Energy Corp. (NYSE: HK) 7% LOWER; To Offer 25M shares.

American Water Works (NYSE: AWK) 6% HIGHER; Barron's highlights the stock this weekend.

Extreme Networks, Inc. (Nasdaq: EXTR) 5.6% HIGHER; intends to commence a "modified Dutch auction" tender offer to purchase $100 million worth of its common stock at a price per share not less than $3.30 and not greater than $3.70.

Brinker International Inc. (NYSE: EAT) 5% LOWER; Goldman downgrades to Sell

Auxilium Pharmaceuticals Inc. (Nasdaq: AUXL) 5% HIGHER; Barron's highlights the stock this weekend.

National City Corporation (NYSE: NCC) 4% LOWER; SEC probe

Calpine Corporation (NYSE: CPN) 4% HIGHER; reports Q2 EPS of $0.41, compared to a $1.04 loss reported in Q207. Revenues for the quarter were $2.83 billion, compared to $2.06 billion in the same quarter last year.

Qwest Communications (NYSE: Q) 4% HIGHER; Citi upgrades to Buy

i2 Technologies, Inc. (NASDAQ: ITWO) 4% HIGHER; JDA Software Group Inc. (NASDAQ: JDAS) announced a definitive merger agreement to acquire i2 Technologies for $14.86/shaer.

Hertz (NYSE: HTZ) 3% LOWER; J.P. Morgan downgrades to Neutral

Emulex Corp. (NYSE: ELX) 3% HIGHER; Citi upgrades to Buy

LDK Solar Co.Ltd. (NYSE: LDK) 3% HIGHER; ThinkPanmure upgrades to Buy

Bronco Drilling Company, Inc. (NASDAQ: BRNC) 2% LOWER; Allis-Chalmers Energy Inc. (NYSE: ALY) and Bronco Drilling Company announced that they have terminated their Agreement and Plan of Merger relating to the proposed acquisition of Bronco by Allis-Chalmers.


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ALY 3.51

-0.02 -0.57%
Volume: 143,091
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AUXL 33.95

+0.09 +0.27%
Volume: 98,465
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AWK 20.00

-0.14 -0.70%
Volume: 247,256
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BRNC 6.14

-0.06 -0.97%
Volume: 106,378
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CHIP 1.71

+0.00 +0.00%
Volume: 980,970
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CPN 11.04

-0.01 -0.09%
Volume: 491,616
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EAT 13.48

-0.17 -1.25%
Volume: 1,319,673
Track EAT

ELX 9.96

-0.08 -0.80%
Volume: 465,216
Track ELX

EXTR 2.06

+0.01 +0.49%
Volume: 182,352
Track EXTR

FEED 4.06

-0.17 -4.02%
Volume: 958,842
Track FEED

HK 23.29

-0.52 -2.18%
Volume: 2,426,968
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HTZ 10.09

+0.33 +3.38%
Volume: 1,134,420
Track HTZ

ITWO 18.40

+0.03 +0.16%
Volume: 337,060
Track ITWO

JDAS 23.82

+0.16 +0.68%
Volume: 138,224
Track JDAS

LDK 5.81

+0.00 +0.00%
Volume: 1,288,500
Track LDK

NCC 1.81

+0.00 +0.00%
Volume: 106,343,355
Track NCC

Q 3.80

+0.01 +0.26%
Volume: 9,626,533
Track Q


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