StreetInsider.com Pre-Open Movers 05/15

May 15, 2007 9:24 AM EDT
StreetInsider.com Pre-Open Movers:

Paulson Capital Corp. (NASDAQ: PLCC) 30% HIGHER; Total Q1 revenues climbed to $9.7 million compared to total revenues of ($958,000). Q1 Net income totaled $2.8 million, or $0.45 earnings per basic and diluted share, compared to a net loss of $3.5 million, or $0.57 loss per basic and diluted share.

Astea International (NASDAQ: ATEA) 30% HIGHER; report March qtr revenues of $7.85M versus $3.84M last year. Reports EPS of $0.36, versus loss of $0.64 last year.

STEC Inc (Nasdaq: STEC) 17.6% LOWER; reports Q1 EPS of $0.04 vs. consensus of $0.07 - may not be comparable. Revenues were $47.2 million vs. $44.83 million consensus. Sees Q2 EPS between $0.01-0.03 vs. consensus of $0.10 - may not be comparable. Sees Q2 revenues between $41-43 million vs. $49.2 million consensus.

China Techfaith (Nasdaq: CNTF) 13.8% LOWER; reports a Q1 loss of $0.08, 6 cents worse than estimates.(-.02) Revenues were $27.3 million vs. $28.93 million consensus.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) 7% LOWER; JA Solar Holdings Co., Ltd. (Nasdaq: JASO) reports Q1 EPS of $0.20 and revenues of $43.4 million versus $0.4 million last year.

Amgen Inc. (NASDAQ: AMGN) 6.8% LOWER; Medicare proposed a national coverage decision (NCD) to restrict reimbursement of Aranesp and Procrit. Numerous downgrades

Critical Therapeutics Inc. (NASDAQ: CRTX) 6% HIGHER; continues today's 61% move after the FDA approved Dey, L.P.'s New Drug Application for Perforomist Inhalation Solution for long-term, twice-daily maintenance treatment of bronchoconstriction for emphysema and chronic bronchitis, also known as Chronic Obstructive Pulmonary Disease (COPD).

ICF International, Inc. (NASDAQ: ICFI) 6% HIGHER; reported Q1 revs of $151.7 million and EPS of $0.60, versus the consensus of $129.3 million and EPS of $0.45. The Company expects second quarter 2007 revenue to range from $135 million to $145 million (cons $130M), and full year 2007 revenue to range from $530 million to $550 million (cons $509.3M).

Ingersoll-Rand Co. Ltd. (NYSE: IR) 4.9% HIGHER; initiated a process to explore strategic alternatives for its Bobcat and construction-related businesses, including the Utility Equipment and Attachments businesses. In addition, the company's board of directors yesterday approved the expansion of its share-repurchase authorization, originally announced in December 2006, from $2 billion to $4 billion.

Agilent (NYSE: A) 4% HIGHER; reports Q2 EPS of $0.43, 1 cent worse than estimates.(0.44) Revenues were $1.32 billion vs. $1.32 billion consensus. Sees Q3 EPS between $0.46-0.50 vs. consensus of $0.50. Sees Q3 revs between $1.36-1.40 billion vs. $1.35 billion consensus.

Heartland Express, Inc. (Nasdaq: HTLD) 4% HIGHER; announced a special dividend of $2.00 per share. The $2.00 per share special dividend is also expected to be paid on May 30, 2007 to stockholders of record at the close of business on May 24, 2007.

Bare Escentuals, Inc. (Nasdaq: BARE) 3.7% LOWER; To offer 10 million shares.

Reuters Group Plc (Nasdaq: RTRSY) 3.6% HIGHER; Agrees to $17.2B takeover offer from Thomson

21st Century Insurance Group (NYSE: TW) 3% HIGHER; AIG (NYSE: AIG) to acquire the company for $22 per share.

Home Depot (NYSE: HD) 2.2% LOWER; reports Q1 earnings of $0.53 per share 6 cents worse than estimates. Revenues came in at $21.59 billion versus the consensus of $21.83 billion. At the beginning of the year, the Company said its earnings per share, on a 52-week basis, would decline 4-9% in fiscal 2007. Based on first quarter performance, the Company now believes it will be at the low end of its earnings per share guidance for the year.

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