StreetInsider.com After-Hours Movers 08/22

August 22, 2007 6:30 PM EDT
StreetInsider.com After-Hours Movers:

Countrywide Financial (NYSE: CFC) 17% HIGHER; Reports form the Wall Street Journal, the company will get a $2 billion investment from Bank of America.

ZymoGenetics, Inc. (Nasdaq: ZGEN) 13.7% LOWER; received notification from the FDA that the submission of additional manufacturing related information has been determined by the FDA to be a major amendment to the rThrombin Biologics License Application. Accordingly, the goal date for completion of FDA review under the Prescription Drug User Fee Act has been extended by three months, from October 18, 2007 to January 17, 2008.

Thornburg Mortgage Inc. (NYSE: TMA) 10% HIGHER; Up on reports Countrywide Financial will get a $2 billion investment from Bank of America

Accredited Home Lenders Holding Co. (Nasdaq: LEND) 6% HIGHER; Up on reports Countrywide Financial will get a $2 billion investment from Bank of America

IndyMac Bancorp Inc. (NYSE: IMB) 5% HIGHER; Up on reports Countrywide Financial will get a $2 billion investment from Bank of America

Phillips-Van Heusen Corp. (NYSE: PVH) 3.2% HIGHER; Reports Q2 EPS of $0.68, 6 cents better than estimates. Sees Q3 EPS of $1.02-$1.03, versus the consensus of $1.02. Sees Q3 revs of $705 million, versus the consensus of $652.7 million. Now sees FY07 EPS of $3.15-$3.17, versus the consensus of $3.12. Now sees 207 revenues of $2.44 billion versus the consensus of $2.42 billion.

Intuit Inc. (Nasdaq: INTU) 3% LOWER; reports Q4 loss of $0.02, ex-items, versus the consensus of a $0.05 loss. Revenues came in at $432.7 million versus the consensus of $415.67 million. Sees Q1 loss of $0.12-$0.14, versus the consensus of a $0.13 loss. Sees Q1 revs of $426-$441 million versus the consensus of $450.1 million. Sees FY EPS of $1.59-$1.61, versus the consensus of $1.60. Sees FY revs of $3-$3.05 billion versus the consensus of $3.04 billion. The company also announced Steve Bennett, current president and chief executive officer, will step down at the end of December 2007.

Washington Mutual (NYSE: WM) 2.4% HIGHER; Up on reports Countrywide Financial will get a $2 billion investment from Bank of America

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