Pre-Open Movers 6/27: Celebrate Express (BDAY) Higher on Buyout, Evergreen Solar (ESLR) Lower on Conv Pricing

June 27, 2008 9:28 AM EDT

StreetInsider.com Pre-Open Movers:

Celebrate Express (Nasdaq: BDAY) 60% HIGHER; announced that it will be acquired by Liberty Media (Nasdaq: LINTA) for $3.90 per share.

IPC The Hospitalist Company, Inc. (Nasdaq: IPCM) 15.3% HIGHER; has signed a definitive agreement to acquire Hospitalists of America (HOA), headquartered in Coral Gables, Florida. Subject to completion of due diligence and other customary closing conditions, the acquisition is scheduled to close in the third quarter of 2008.Terms of the deal were not disclosed.

AZZ Inc. (NYSE: AZZ) 14% HIGHER; reports Q1 earnings of $0.82 per share, above the consensus of $0.54. Revenues came in at $100 million, versus the consensus of $90.1 million. Sees FY09 EPS of $2.95-$3.05 versus the consensus of $2.43.

The Andersons, Inc. (Nasdaq: ANDE) 13.1% HIGHER; today announced that it expects its FY08 EPS to exceed previous guidance: the company now sees EPS in the range of $4.40-$4.80, up from the previous estimate of $3.65 to $4.00. The Street consensus is currently $3.79.

Evergreen Solar Inc. (Nasdaq: ESLR) 8% LOWER; Announces Pricing of $325 Million of Senior Convertible Notes and Entry into Stock Lending Agreement and Capped Call Transaction

Finish Line (Nasdaq: FINL) 6.6% HIGHER; reports Q1 EPS of $0.02, 7 cents better than the analyst estimate of ($0.05). Revenues for the quarter were $287.9 million, versus the consensus of $281.34 million.

American Eagle Outfitters Inc. (NYSE: AEO) 5% LOWER; Two broker downgardes (Lazard and Oppenheimer)

Merrill Lynch (NYSE: MER) 5% LOWER; Lehman raises Q2 write-off estimates to $5.4B

Palm, Inc. (Nasdaq: PALM) 4.4% LOWER; reports Q4 loss of $0.22, 4 cents below the analyst estimate of ($0.18). Revenues for the quarter were $296.2 million, versus the consensus of $301.11 million.

Novell Inc. (Nasdaq: NOVL) 4% HIGHER; Jefferies upgrades to Buy

Nokia (NYSE: NOK) 4% LOWER; Credit Suisse downgrades to Neutral

Barr Pharmaceuticals, Inc. (NYSE: BRL) 3.4% HIGHER; announced that U.S. District Court for Delaware has ruled in favor of its subsidiary, Barr Laboratories, Inc., in the challenge of the patent listed by Boehringer Ingelheim Pharmaceuticals, Inc. in connection with Boehringer Ingelheim's Mirapex(R) Tablets (pramipexole dihydrochloride) 0.125mg, 0.25mg, 0.5mg, 1mg & 1.5mg. In his ruling, District Court Judge Joseph J. Farnan, Jr. found that the patent claims at issue in the litigation were invalid on the grounds of nonstatutory double patenting.

AK Steel Holding Corp. (NYSE: AKS) 3.4% HIGHER; will replace Countrywide Financial Corp. (NYSE: CFC).

International Game Technology (NYSE: IGT) 3% LOWER; Morgan Stanley downgrades to Equal Weight

KB Home (NYSE: KBH) 2.6% LOWER; Reports Q2 earnings results

Wynn Resorts Ltd. (Nasdaq: WYNN) 2.5% LOWER; KeyBank cuts to Underweight

Research In Motion Ltd. (Nasdaq: RIMM) 2.4% LOWER; Credit Suisse starts at Underperfom

TIBCO Software (Nasdaq: TIBX) 1.6% LOWER; reports Q2 EPS of $0.07, 1 cent better than the analyst estimate of $0.06. Revenues for the quarter were $150 million, versus the consensus of $147.99 million.

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