04/17 StreetInsider.com Pre-Open Movers
Tweet
Share
E-mail
StreetInsider.com Pre-Open Movers:
Bookham Inc. (NASDAQ: BKHM) 21% LOWER; Expects that its third quarter fiscal 2006 gross margin and Adjusted EBITDA will be lower than originally forecast due in part to unanticipated costs for inventory obsolescence and production scrap associated with the transition of manufacturing from the Company's Paignton, UK facility, where production is being discontinued, to its low cost Shenzhen, China facility.
Pacificnet Inc. (NASDAQ: PACT) 18% HIGHER; reported Q4 revenues of $13,368,000 represented an increase of 33% as compared to $10,068,000 from Q4 2004. Quarterly net income of $918,000, or $0.09 per basic share, or $0.08 per diluted share, represented an increase of 106% as compared to net income of $446,000, or $0.06 per diluted share in Q4 2004.
TiVo Inc. (NASDAQ: TIVO) 15.9% HIGHER; a jury awarded TiVo Inc. (Nasdaq: TIVO) more than $73 million in damages in a patent infringement lawsuit versus EchoStar.
Energy Partners Ltd. (NYSE: EPL) 8.6% HIGHER; Jim Cramer highlights on Mad Money
Wheeling-Pittsburgh Corp. (NASDAQ: WPSC) 6.6% HIGHER; Reports from the Pittsburgh Post-Gazette, Wheeling-Pittsburgh is in takeover talks with Brazilian steelmaker Cia Siderurgica Nacional and Chicago-based steel processor Esmark
Novavax Inc. (NASDAQ: NVAX) 5.6% HIGHER; successfully completed the renovation and validation for current "Good Manufacturing Practices" compliance of it's industrial facility located in Rockville, Maryland.
Crown Media Holdings, Inc. (NASDAQ: CRWN) 5% LOWER; after extensive review of strategic alternatives including a possible sale of the Company, the Board of Directors has decided to terminate this process.
Red Hat Inc. (NASDAQ: RHAT) 5% LOWER; Goldman downgrade
Aztar Corp. (NYSE: AZR) 4.5% HIGHER; Prepared to Enter Into Discussions With Columbia Entertainment
VF Corp. (NYSE: VFC) 3.5% HIGHER; now expects a 12% to 14% increase in first quarter earnings per share, a substantial improvement from its earlier guidance.
Invitrogen Corp. (NASDAQ: IVGN) 3.2% LOWER; widening its full year revenue guidance to a range of $1,300 million to $1,355 million due to first quarter performance and the anticipated discontinuation / sale of certain minor business units
Eaton Corp. (NYSE: ETN) 2.1% HIGHER; Reports Q1 earnings of $1.40 per share, 8 cents better than estimates. Positive guidance
Bear Stearns Companies Inc. (NYSE: BSC) 2% HIGHER; Reports from the Wall Street Journal, one of China's largest state-controlled banks, China Construction Bank, is in early discussions to take a minority stake in investment bank Bear Stearns (NYSE: BSC).
NYSE Group, Inc. (NYSE: NYX) 1.9% HIGHER; disclosed in an regulatory filing that it is holding preliminary discussions with certain industry participants.
Moldflow Corp. (NASDAQ: MFLO) INDICATED LOWER; anticipates that revenue will be in the range of approximately $16.2 million to $16.4 million. This compares to the low end of the previous guidance provided by the Company on February 2, 2006 equating to $17.8 million and the consensus of $18.2 million. Also sees lower net income.
Bookham Inc. (NASDAQ: BKHM) 21% LOWER; Expects that its third quarter fiscal 2006 gross margin and Adjusted EBITDA will be lower than originally forecast due in part to unanticipated costs for inventory obsolescence and production scrap associated with the transition of manufacturing from the Company's Paignton, UK facility, where production is being discontinued, to its low cost Shenzhen, China facility.
Pacificnet Inc. (NASDAQ: PACT) 18% HIGHER; reported Q4 revenues of $13,368,000 represented an increase of 33% as compared to $10,068,000 from Q4 2004. Quarterly net income of $918,000, or $0.09 per basic share, or $0.08 per diluted share, represented an increase of 106% as compared to net income of $446,000, or $0.06 per diluted share in Q4 2004.
TiVo Inc. (NASDAQ: TIVO) 15.9% HIGHER; a jury awarded TiVo Inc. (Nasdaq: TIVO) more than $73 million in damages in a patent infringement lawsuit versus EchoStar.
Energy Partners Ltd. (NYSE: EPL) 8.6% HIGHER; Jim Cramer highlights on Mad Money
Wheeling-Pittsburgh Corp. (NASDAQ: WPSC) 6.6% HIGHER; Reports from the Pittsburgh Post-Gazette, Wheeling-Pittsburgh is in takeover talks with Brazilian steelmaker Cia Siderurgica Nacional and Chicago-based steel processor Esmark
Novavax Inc. (NASDAQ: NVAX) 5.6% HIGHER; successfully completed the renovation and validation for current "Good Manufacturing Practices" compliance of it's industrial facility located in Rockville, Maryland.
Crown Media Holdings, Inc. (NASDAQ: CRWN) 5% LOWER; after extensive review of strategic alternatives including a possible sale of the Company, the Board of Directors has decided to terminate this process.
Red Hat Inc. (NASDAQ: RHAT) 5% LOWER; Goldman downgrade
Aztar Corp. (NYSE: AZR) 4.5% HIGHER; Prepared to Enter Into Discussions With Columbia Entertainment
VF Corp. (NYSE: VFC) 3.5% HIGHER; now expects a 12% to 14% increase in first quarter earnings per share, a substantial improvement from its earlier guidance.
Invitrogen Corp. (NASDAQ: IVGN) 3.2% LOWER; widening its full year revenue guidance to a range of $1,300 million to $1,355 million due to first quarter performance and the anticipated discontinuation / sale of certain minor business units
Eaton Corp. (NYSE: ETN) 2.1% HIGHER; Reports Q1 earnings of $1.40 per share, 8 cents better than estimates. Positive guidance
Bear Stearns Companies Inc. (NYSE: BSC) 2% HIGHER; Reports from the Wall Street Journal, one of China's largest state-controlled banks, China Construction Bank, is in early discussions to take a minority stake in investment bank Bear Stearns (NYSE: BSC).
NYSE Group, Inc. (NYSE: NYX) 1.9% HIGHER; disclosed in an regulatory filing that it is holding preliminary discussions with certain industry participants.
Moldflow Corp. (NASDAQ: MFLO) INDICATED LOWER; anticipates that revenue will be in the range of approximately $16.2 million to $16.4 million. This compares to the low end of the previous guidance provided by the Company on February 2, 2006 equating to $17.8 million and the consensus of $18.2 million. Also sees lower net income.
You May Also Be Interested In
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
- Adobe to bring full AI image generation to Photoshop this year
Create E-mail Alert Related Categories
General News, Special ReportsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
