Morning Movers 10/28: CSBC, QTM, ANIK, RSYS, PEET, WSII Higher; CALC, KSP, PSYS, VCLK, VPHM, GT Lower Oct 28, 2009 10:39AM

California Coastal Communities, Inc. (Nasdaq: CALC) 36.5% LOWER; announced today that the Company and certain of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in order to extend the maturity dates of approximately $182 million of indebtedness related to the Company's Brightwater development project and to modify and eliminate certain debt covenants. The petitions were filed on October 27, 2009 in the U.S. Bankruptcy Court in the Central District of California.

K-SEA Transportation Partners LP (NYSE: KSP) 32.3% LOWER; reports Q1 loss of $0.29, cents better than the analyst estimate of $0.29. Cuts its quarterly distribution from $0.77 to $0.44.

Citizens South Banking Corporation (Nasdaq: CSBC) 26.5% HIGHER; today announced that it has withdrawn its public offering of approximately $30 million in common stock due to unfavorable market conditions

Psychiatric Solutions, Inc. (NASDAQ: PSYS) 22.6% LOWER; reports Q3 EPS ...


After-Hours Movers 10/27: WSII, QTM, CQB, RFMD, ANAD Higher; APOL, ILMN, PSYS, SWSI, BWLD Lower Oct 27, 2009 05:51PM

Waste Services Inc. (NASDAQ: WSII) 24% HIGHER; reports Q3 EPS of $0.15, 4 cents better than the analyst estimate of $0.11. Revenue for the quarter was $112.46 million, which compares to the estimate of $112.10 million.

Apollo Group (NASDAQ: APOL) 17.7% LOWER; reports Q4 EPS of $1.02, 2 cents better than the analyst estimate of $1.04. Revenue for the quarter was $1.08 billion, which compares to the estimate of $1.03 billion. Announces SEC probe into revenue recognition.

Illumina Inc. (Nasdaq: ILMN) 16.3% LOWER; reports Q3 EPS of $0.13, ex-items, 7 cents lower than the analyst estimate of $0.20. Revenue for the quarter was $158.4 million, which compares to the estimate of $167.32 million. Sees Q4 adj-EPS of $0.24-$0.25, versus the consensus of $0.27. Sees Q4 minimum sales of $165 million, versus the consensus of $200.16 million.

Quantum Corporation (NYSE: QTM) 13.5% HIGHER; reports Q2 EPS of $0.06 ...


Superior Well Services (SWSI) to Sell 6M Shares in Public Offering Oct 27, 2009 04:48PM

Superior Well Services, Inc. (Nasdaq: SWSI) today announced that it has commenced a public offering of 6.0 million shares of common stock pursuant ...