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TOP FINANCIAL NEWS
US moves to avert economic meltdown
BUSINESS
NEWS
Apple forecast disappoints Wall Street
AAPL down 11.0% on earnings/guidance
Companies moving in after hours trading in reaction to earnings:
Trading Up
TXN +3.7%; SPSN +3.7%; DOX +1.3%...
Trading Down
AAPL -11.0; PLT -9.2%;
HOKU -8.7%; SUPX -5.5%; ACF -4.0%; PKG -3.6%;
CAMD -2.7%; CREE- 2.0%; PHHM -1.8%; WASH
-1.1%...
Companies moving in after hours trading in reaction to news:
Trading Up
CBR +11.4% (sees Q4 EPS below consensus, revs above
consensus); BKI +4.5% (sees Q2 EPS above consensus); STJ
+2.3% (announces FDA approval of next generation internet-based data
management system for implantable cardiac devices); CYD +2.1%
(announces that the Audit Committee has concluded its independent
inquiry); ANLY +1.9% (announces new plan to restore the company
to profitability); CLUB +1.2% (announces the appointment of
Daniel Gallagher as CFO)...
Trading Down: MOSY -11.0% (guides Q4 revs to be approx
$2.9 mln vs consensus of $4.03 mln); AEIS -9.3% (lowers Q4
guidance below consensus); PETM -6.8% (issues downside Q4 EPS
guidance); NCC -5.2% (announces a $1
bln convertible notes offering pursuant to an effective shelf
registration statement); SPWR -3.5% (Announces Triggering Event
for Convertibility of 1.25% Senior Convertible Debentures Due 2027 and
0.75% Senior Convertible Debentures Due 2027); NPSP -3.0% (Value
Fund discloses 5.7% stake in SC 13G); STJ -1.6% (announces
renewal of complete line of cardiovascular purchase agreements with
HealthTrust Purchasing Group); TRCA -1.5% (initiates phase II
clinical trial with next-generation growth hormone product for the
treatment of short stature).
Earnings
Before:
AMR, ASML, JPM, NITE, LCRY, NTRS, PGR, WFC, TON
After: CLC, GKK, KMP, LOGI, RMBS


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