StreetInsider.com Pre-Open Movers 09/06

September 6, 2007 9:21 AM EDT

StreetInsider.com Pre-Open Movers:

Alabama National BanCorporation (NASDAQ: ALAB) 46% HIGHER; RBC Centura Banks, Inc., a wholly owned subsidiary of Royal Bank of Canada (NYSE: RY) acquire Alabama National BanCorporation for $80 per share.

Volt Information Sciences, Inc. (NYSE: VOL) 10% HIGHER; reports Q3 EPS of $0.40, 9 cents better than estimates. Revenues were $610.5 million vs. $566.03 million consensus.

Xenonics Holdings, Inc. (AMEX: XNN) 10% HIGHER; Receives $1.5 Million NightHunter Order

Sypris Solutions, Inc. (Nasdaq: SYPR) 9.8% HIGHER; raises Q3 and FY guidance. The company said earnings for the third quarter are now forecast to be in the range of $0.14 to $0.17 per diluted share compared to prior guidance of a loss of $0.08 to $0.11 per diluted share, while revenue for the period is expected to be in the range of $108 to $113 million, which represents an incremental increase from the prior outlook of $105 to $110 million. The consensus is a loss of $0.10 and revenues of $108.3 million.

Cardica Inc. (Nasdaq: CRDC) 9.3% HIGHER; Continued momentum after yesterday\'s 49% run-up

TIBCO Software Inc. (Nasdaq: TIBX) 9% LOWER; said preliminary third quarter results indicate revenue is expected to be in a range of $130 to $133 million. Non-GAAP earnings per fully diluted share are expected to be in the range of $0.04-$0.05. The consensus is $139.9 million and $0.07, respectively.

Nabi Biopharmaceuticals (Nasdaq: NABI) 8% HIGHER; Nine-month data demonstrated NicVAX efficacy in supporting statistically significant and continuous abstinence rates by dose as well as by antibody response. The nine-month data also have enabled Nabi to determine what it believes is the most effective dose and schedule for NicVAX and determine the antibody concentration threshold for clinical efficacy.

J. Crew Group, Inc. (NYSE: JCG) 7% LOWER; reports Q2 EPS of $0.32, 3 cents better than estimates. Revenues came in at $304.7 million versus the consensus of $308.5 million. The Company\\\'s long-term annual financial targets include comparable store sales growth in the mid single-digit range, Direct sales growth in the high single-digits, net square footage expansion in the 7% to 9% range, and diluted EPS growth in excess of 20%.

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) 6.4% HIGHER; said same-store sales increased 9.6% in August, versus the consensus of a 1.8% gain.

Infineon Technologies AG (NYSE: IFX): Dresdner Kleinwort upgraded the stock from Reduce to Buy, saying they see the company becoming a wireless semiconductor market leader.

Cavalier Homes, Inc. (Amex: CAV) 5% LOWER; said it does not expect to be profitable for the third quarter as previously anticipated.

ADC Telecommunications Inc. (Nasdaq: ADCT) 4.3% HIGHER; reports Q3 EPS of $0.37, ex-items, versus the consensus of $0.23. Revenues came in at $346 million versus the consensus of $328.1 million. ADC currently expects its 2007 sales to be in the range of $1.308-$1.313 billion, versus the consensus of $1.29 billion. GAAP diluted EPS from continuing operations in 2007 is estimated to be in the range of $1.11 to $1.15.

TASER International, Inc. (Nasdaq: TASR) 4.29% HIGHER; announced that it received an order from the California Highway Patrol (CHP) for 1,659 TASER(r) X26 electronic control devices and related accessories.

Saks Incorporated (NYSE: SKS) 4% HIGHER; said August comparable store sales increased 18.2% for the four-week period. Analysts were looking for a gain of 9.2%.

Shares of Rio Tinto plc (NYSE: RTP) 3.4% HIGHER; rose in overseas trading on rumors rivals BHP Billiton (NYSE: BHP) and Cia. Vale do Rio Doce (CVRD) could make a joint bid for the company.

Wal-Mart Stores, Inc. (NYSE: WMT) 2.2% HIGHER; said August comps rose 3.1%, citing strong back-to-school sales. The Company expects the comparable store sales of its U.S. operations for the September five-week reporting period to be between 1 and 3 percent.

MarkWest Hydrocarbon, Inc. (AMEX: MWP) INDICATED HIGHER; MarkWest Energy Partners, L.P. (NYSE: MWE) and MarkWest Hydrocarbon have entered into a definitive redemption and merger agreement. Under the terms of the agreement, MarkWest Hydrocarbon shareholders will receive aggregate consideration of approximately 15.4 million common units of MarkWest Energy Partners and cash of $240 million. This represents $61.12 per share of consideration to be received by the MarkWest Hydrocarbon shareholders.

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