StreetInsider.com After-Hours Movers 10/01
StreetInsider.com After-Hours Movers:
ViaCell (NASDAQ: VIAC) 48% HIGHER; PerkinElmer (NYSE: PKI) announced the acquisition fo ViaCell for $7.25 a share, for an aggregate purchase price of approximately $300 million
PDL BioPharma, Inc. (Nasdaq: PDLI) 7% HIGHER; announced that its board of directors has recently decided to actively seek offers for the sale of the company as a whole or of its key assets.
TranSwitch Corporation (NASDAQ: TXCC) 6.5% LOWER; expects revenues for the third quarter ending September 30, 2007, to be between $7.0 million and $7.4 million compared prior guidance of approximately $9.3 to $10.5 million. The Wall Street consensus is $10 million
The Valspar Corporation (NYSE: VAL) 5% LOWER; expects adjusted earnings for the fourth quarter ending October 26, 2007 to be in the range of 47 to 50 cents per share. The consensus is 60 cents. For the full year, the company expects adjusted earnings per share to be approximately $1.67-$1.70. The consensus is $1.79.
Palm (Nasdaq: PALM) 4% LOWER; reported Q1 EPS of $0.09, 1 cent better than estimates. (0.08) Revenues came in at $360.8 million, versus the consensus of $360.3 million. Sees Q2 EPS of $0.06-$0.08, versus the consensus of $0.10. Sees Q2 revenues of $370-$380 million versus the consensus of $413.5 million.
MIVA, Inc. (NASDAQ: MIVA) INDICATED LOWER; Expects its results for the third quarter ended September 30, 2007, will be below previously issued guidance. Based on preliminary third quarter results, the Company expects to report Q3 2007 revenue of approximately $36.7 to $37.1 million, compared to the Company\'s prior guidance for revenue of $38.0 to $39.0 million. The decrease is primarily due to lower than anticipated MIVA Direct revenue and Media US revenue. The Wall Street consensus is $38.4 million.
Noble Energy Inc. (NYSE: NBL) INDICTED HIGHER; will replace Archstone-Smith Trust (NYSE: ASN) in the S&P 500
Lamar Advertising Co. (NASDAQ: LAMR) INDICTED HIGHER; will replace Noble Energy in the S&P MidCap 400
ViaCell (NASDAQ: VIAC) 48% HIGHER; PerkinElmer (NYSE: PKI) announced the acquisition fo ViaCell for $7.25 a share, for an aggregate purchase price of approximately $300 million
PDL BioPharma, Inc. (Nasdaq: PDLI) 7% HIGHER; announced that its board of directors has recently decided to actively seek offers for the sale of the company as a whole or of its key assets.
TranSwitch Corporation (NASDAQ: TXCC) 6.5% LOWER; expects revenues for the third quarter ending September 30, 2007, to be between $7.0 million and $7.4 million compared prior guidance of approximately $9.3 to $10.5 million. The Wall Street consensus is $10 million
The Valspar Corporation (NYSE: VAL) 5% LOWER; expects adjusted earnings for the fourth quarter ending October 26, 2007 to be in the range of 47 to 50 cents per share. The consensus is 60 cents. For the full year, the company expects adjusted earnings per share to be approximately $1.67-$1.70. The consensus is $1.79.
Palm (Nasdaq: PALM) 4% LOWER; reported Q1 EPS of $0.09, 1 cent better than estimates. (0.08) Revenues came in at $360.8 million, versus the consensus of $360.3 million. Sees Q2 EPS of $0.06-$0.08, versus the consensus of $0.10. Sees Q2 revenues of $370-$380 million versus the consensus of $413.5 million.
MIVA, Inc. (NASDAQ: MIVA) INDICATED LOWER; Expects its results for the third quarter ended September 30, 2007, will be below previously issued guidance. Based on preliminary third quarter results, the Company expects to report Q3 2007 revenue of approximately $36.7 to $37.1 million, compared to the Company\'s prior guidance for revenue of $38.0 to $39.0 million. The decrease is primarily due to lower than anticipated MIVA Direct revenue and Media US revenue. The Wall Street consensus is $38.4 million.
Noble Energy Inc. (NYSE: NBL) INDICTED HIGHER; will replace Archstone-Smith Trust (NYSE: ASN) in the S&P 500
Lamar Advertising Co. (NASDAQ: LAMR) INDICTED HIGHER; will replace Noble Energy in the S&P MidCap 400
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