Pre-Open Movers 10/07: (SWHC) (ETFC) (MS) Higher; (ILMN) (AFFX) (LIFE) Lower (more...)

Below are stocks making moves in pre-open trading Friday:

Smith & Wesson (Nasdaq: SWHC) 11% HIGHER; to Divest Perimeter Security Business
ServiceSource (Nasdaq: SREV) 10% HIGHER; solid Q3 preliminary results
E*TRADE Financial Corporation (Nasdaq: ETFC) 6% HIGHER' buyout buzz
Morgan Stanley (NYSE: MS) 2% HIGHER; positive analyst comments
Sprint Nextel Corp. (NYSE: S) 2% HIGHER; iPhone buzz
Wynn Resorts Ltd. (Nasdaq: WYNN) 2% HIGHER; upgraded
UGI Corp. (NYSE: UGI) 2% HIGHER; upgraded

LOWER:
Illumina (Nasdaq: ILMN) 35% LOWER; lowers guidance
Affymetrix Inc. (Nasdaq: AFFX) 10% LOWER; drops after Illumina warning
IDT Corporation (NYSE: IDT) 7% LOWER; Q4 results
Life Technologies Corporation (Nasdaq: LIFE) 7% LOWER; drops after Illumina warning
Veolia Environnement S.A. (NYSE: VE) 4% LOWER; downgraded
Regency Energy Partners LP (NYSE: RGP) 4% LOWER; stock offering
Thermo Fisher Scientific, Inc. (NYSE: TMO) 4% LOWER; drops after Illumina warning
MarkWest Energy Partners, L.P. (NYSE: MWE) 3% LOWER; stock offering
Agilent Technologies Inc. (NYSE: A) 3% LOWER; drops after Illumina warning
Arcos Dorados (NYSE: ARCO) 2% LOWER; stock offering
ITC Holdings Corp. (NYSE: ITC) 2% LOWER; downgraded

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