StreetInsider.com After-Hours Movers 09/18
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- Notable Mergers and Acquisitions of the Day 2/24: DNA, EXAR/HIFN, INSU, JUPM
- After-Hours Movers 2/23: HIFN, JWN, DDR, C, JPM Higher; IPAS, MHK, ARP, NCTY, VRNM Lower
- Exar (EXAR) To Acquire Hifn (HIFN)
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- Notable Mergers and Acquisitions of the Day 9/15: BAC/MER, BBY/NAPS, WAG/LDG, ERTS/TTWO
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- Best Buy (BBY) to Acquire Napster (NAPS) for $2.65/Share
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- Trading Radar for 11/12: Wal-Mart (WMT), Blockbuster (BBI), Nordstrom (JWN), Walt Disney (DIS), Kohl's (KSS) Report
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StreetInsider.com After-Hours Movers:
Napster (Nasdaq: NAPS) 11.3% HIGHER; announced today that in response to recent third party interest in establishing strategic partnerships or potentially acquiring the company, it has retained UBS Investment Bank to assist the Board and management in its evaluation of strategic alternatives.
Target Corp. (NYSE: TGT) 2.6% HIGHER; sees September sales up around 5% versus its prior view of 3%-5%
Con-Way, Inc. (NYSE: CNW) 1.8% LOWER; announced that third-quarter earnings from continuing operations are expected to be between $1.10 and $1.15 per diluted share. Current consensus is $1.24.
hi/fn Inc. (Nasdaq: HIFN) INDICATED LOWER; expects revenues for its fourth quarter of fiscal year 2006, ending September 30, 2006, to fall short of expectations by approximately 20%.
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