StreetInsider.com Pre-Open Movers 04/27

StreetInsider.com Pre-Open Movers:

Diagnostic Products Corporation (NYSE: DP) 19.5% HIGHER; Siemens (NYSE: SI) entered into a merger agreement under which Siemens will acquire DPC for approximately $1.86 billion.

Overland Storage Inc. (Nasdaq: OVRL) 14% LOWER; wider loss and withdrawing its previous guidance and will not provide new guidance until it has improved visibility.

Wilson Greatbatch (NYSE: GB) 14% HIGHER; reports Q1 EPS of $0.37, 17 cents better than the consensus of $0.20. Revenues were $68.1 million vs. $61.19 million consensus. Full year 2006 projected sales are being increased to a range of $260 - $270 million, versus the consensus of $254.2 million. Full year 2006 EPS estimates are being increased to a range of $1.15 - $1.25, ex-items, versus the consensus of $0.91.

Amkor Technology Inc. (Nasdaq: AMKR) 12% HIGHER; reports Q1 EPS of $0.20, 8 cents better than estimates.(.12) Revenues were $645 million vs. $618.73 million consensus.

NETGEAR (Nasdaq: NTGR) 12% HIGHER; reports Q1 EPS of $0.31 (ex-items), 5 cents better than estimates. Revenues were $127.3 million vs. $123.45 million consensus. Sees Q2 revs of $125-$130M versus the consensus of $122.7M. CFO to leave at end of Oct.

Photon Dynamics Inc. (Nasdaq: PHTN) 11% HIGHER; reports Q2 EPS of $0.15 ($0.21 ex stock expense), 6 cents better than estimates.(.09) Revenues were $50.3 million vs. $47.44 million consensus. Sees Q3 EPS of $0.22-$0.25 versus the consensus of $0.20. Sees Q3 revs of $48-$50M versus the consensus of $47.8M

TransMontaigne Inc. (NYSE: TMG) 10.4% HIGHER; Morgan Stanley raises bid for company to $10.50/sh

Business Objects SA (Nasdaq: BOBJ) 10% LOWER; reports Q1 EPS of $0.33, 3 cents better than estimates. Revenues were $278 million vs. $281.24 million consensus. Sees Q2 EPS of $0.30-$0.32, versus cons of $0.37. Sees FY EPS of $1.55-$1.65, versus cons of $1.52.

NAVTEQ Corp. (NYSE: NVT) 9.6% LOWER; Misses Q1 EPS by 4c

Telular Corp. (Nasdaq: WRLS) 9% HIGHER; reports Q2 results

Ariba Inc. (Nasdaq: ARBA) 9% LOWER; reports Q2 results

Andrew Corp. (Nasdaq: ANDW) 8.8% LOWER; reports Q2 adjusted EPS of $0.05, 5 cents worse than estimates. Revenues were $482 million vs. $498.17 million consensus. Sees Q3 revenues between $510-$540 million and EPS between $0.08-0.11 adjusted. Current consensus is $528.28 million and $0.14 EPS, respectively.

Rainmaker Systems Inc. (Nasdaq: RMKR) 8.8% HIGHER; reports Q1 profit

OfficeMax Inc. (NYSE: OMX) 8% HIGHER; reports Q1 earnings of $0.77 per share, ex-items, versus the consensus of $0.33. Revenues came in at $2.42 billion versus the consensus of $2.35 billion.

Centex Corp. (NYSE: CTX) 6.2% LOWER; reports Q4 EPS of $2.92, 19 cents worse than estimates.(3.11) Revenues were $4.55 billion vs. $4.42 billion consensus. Sees Q1 EPS of $1.35-$1.45 versus the consensus of $2.10.

Celgene (Nasdaq: CELG) 6% HIGHER; reports Q1 earnings of $0.09 per share, 3 cents better than estimates. Revenues came in at $181.8 million versus the consensus of $163.8 million.

MEMC Electronic Materials Inc. (NYSE: WFR) 5.6% HIGHER; reports Q1 results

Amylin Pharmaceuticals Inc. (Nasdaq: AMLN) 5% LOWER; Misses Q1 EPS by 2c

Corinthian Colleges Inc. (COCO) 5% HIGHER; UBS upgrade

Mentor Graphics Corp. (Nasdaq: MENT) 5% HIGHER; reports Q1 EPS of $0.08, 8 cents better than estimates.(.00) Revenues were $176.3 million vs. $169.05 million consensus. Sees Q2 EPS fo $0.06 and FY EPS of $0.65, versus cons of $0.03 and $0.56.
MRV Communications Inc. (Nasdaq: MRVC) 4.8% HIGHER; reports Q1 results

Coherent (Nasdaq: COHR) 4.4% HIGHER; reports Q2 EPS of $0.27, 4 cents better than estimates.(.23) Revenues were $146 million vs. $135.34 million consensus.

Sohu.com Inc. (Nasdaq: SOHU) 4% HIGHER; reports Q1 EPS of $0.20 (ex-items), 5 cents better than estimates.(.15) Revenues were $31.3 million vs. $29.86 million consensus. Sees Q2 EPS fo $0.20-$0.22 versus the cons of $0.18. Sees Q2 revs of $31.5-$33.5M versus the consensus of $32.25M.

Phelps Dodge Corp. (NYSE: PD) 3.5% LOWER; reports Q1 results

Marathon Oil Corp. (NYSE: MRO) 3.2% LOWER; reports Q1 earnings of $2.01 per share, versus the consensus of $2.37. Revenues came in at $13 billion.


Advanced Energy Industries Inc. (Nasdaq: AEIS) 3% HIGHER; reports Q1 EPS of $0.26, 6 cents better than estimates. Revenues were $94 million vs. $90.65 million consensus. Sees Q2 EPS fo $0.27-$0.29 versus the consensus of $0.26.

Quidel Corp. (Nasdaq: QDEL) 3% HIGHER; Tops Q1 views

GSI Commerce Inc. (Nasdaq: GSIC) 3% HIGHER; Reports Q1 Results; Guides

Exxon Mobil Corp. (NYSE: XOM) 2.2% LOWER; reports Q1 EPS of $1.37, 9 cents worse than estimates. Revenues were $88.9 billion vs. $100.83 billion consensus.

Komag Inc. (Nasdaq: KOMG) 1.6% HIGHER; reports Q1 EPS of $1.09, 4 cents better than estimates. Revenues were $208.5 million vs. $199.53 million consensus.

Xilinx (Nasdaq: XLNX) 1% HIGHER; reports Q4 EPS of $0.33, 5 cents better than estimates.(.28) Revenues were $472.3 million vs. $464.94 million consensus. Sees Q1 revs of $477-$495.9 million versus the consensus of $479.08 million.

Navigant International, Inc. (Nasdaq: FLYR) INDICATED HIGHER; Carlson Wagonlit will acquire all outstanding shares of Navigant for $16.50 per share. The aggregate transaction value, including the assumption of debt, is approximately $510 million.

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