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StreetInsider.com After-Hours Movers:
Star Scientific Inc. (Nasdaq: STSI) 17% HIGHER; said on September 18, 2006 they received letter correspondence from The Honorable Marvin J. Garbis of the United States District Court for the District of Maryland regarding the Company�s ongoing patent infringement lawsuit against R.J. Reynolds Tobacco Company. The letter said, "I have Mr. McMillan�s letter of September 5, 2006 and understand all parties' interest in moving the case to final resolution. I shall try to issue decisions on the pending matters within a month."
Oracle (Nasdaq: ORCL) 11.5% HIGHER; reports Q1 EPS of $0.18, 2 cents better than estimates. GAAP revenues were up 30% to $3.6 billion versus the consensus of $3.47 billion.
Syntroleum (Nasdaq: SYNM) 7.7% HIGHER; announced today that its ultra-clean jet fuel has been successfully tested in a United States Air Force B-52 Stratofortress Bomber aircraft.
Christopher & Banks Corp. (NYSE: CBK) 4% HIGHER; reports Q2 EPS of $0.21, 1 cent better than estimate. Revenues came in at $131.6 million versus the consensus of $129 million. Sees Q3 EPS of $0.31-$0.32 versus the consensus of $0.30. Sees FY07 EPS fo $1.14-$1.16 versus the consensus of $1.11.
Darden Restaurants, Inc. (NYSE: DRI) 3.4% HIGHER; reports Q1 EPS of $0.61 (excluding stock option expense), 3 cents better than estimates. Revenues were $1.46 billion vs. $1.46 billion consensus. Declared an increase in the cash dividend to 23 cents per share on the Company's outstanding common stock. The Company now anticipates that diluted net earnings per share growth will be 10% to 12% in fiscal 2007, an increase from its previous expectation of 9% to 10% diluted net earnings per share growth in fiscal 2007.
Marsh & Mclennan Companies Inc. (NYSE: MMC) 0.5% HIGHER; confirms they are looking at options for its Putnam unit.
Star Scientific Inc. (Nasdaq: STSI) 17% HIGHER; said on September 18, 2006 they received letter correspondence from The Honorable Marvin J. Garbis of the United States District Court for the District of Maryland regarding the Company�s ongoing patent infringement lawsuit against R.J. Reynolds Tobacco Company. The letter said, "I have Mr. McMillan�s letter of September 5, 2006 and understand all parties' interest in moving the case to final resolution. I shall try to issue decisions on the pending matters within a month."
Oracle (Nasdaq: ORCL) 11.5% HIGHER; reports Q1 EPS of $0.18, 2 cents better than estimates. GAAP revenues were up 30% to $3.6 billion versus the consensus of $3.47 billion.
Syntroleum (Nasdaq: SYNM) 7.7% HIGHER; announced today that its ultra-clean jet fuel has been successfully tested in a United States Air Force B-52 Stratofortress Bomber aircraft.
Christopher & Banks Corp. (NYSE: CBK) 4% HIGHER; reports Q2 EPS of $0.21, 1 cent better than estimate. Revenues came in at $131.6 million versus the consensus of $129 million. Sees Q3 EPS of $0.31-$0.32 versus the consensus of $0.30. Sees FY07 EPS fo $1.14-$1.16 versus the consensus of $1.11.
Darden Restaurants, Inc. (NYSE: DRI) 3.4% HIGHER; reports Q1 EPS of $0.61 (excluding stock option expense), 3 cents better than estimates. Revenues were $1.46 billion vs. $1.46 billion consensus. Declared an increase in the cash dividend to 23 cents per share on the Company's outstanding common stock. The Company now anticipates that diluted net earnings per share growth will be 10% to 12% in fiscal 2007, an increase from its previous expectation of 9% to 10% diluted net earnings per share growth in fiscal 2007.
Marsh & Mclennan Companies Inc. (NYSE: MMC) 0.5% HIGHER; confirms they are looking at options for its Putnam unit.
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