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Standard & Poor's Announces Changes to U.S. Indices

S&P 400 + HLX - ATVI Wed 7-9
S&P 600 +TRLG -HLX

TOP FINANCIAL NEWS
G8 leaders play down hopes over oil price
BUSINESS NEWS
Shares in Fannie and Freddie tumble
After Hours Summary
 BEXP +5.1% (announces high rate main pass production test and new Southern Louisiana discovery); AOB -3.0% (proposes offering of $85 mln of convertible notes); OPWV +11.5% (appoints new CFO)
Companies trading higher in after hours in reaction to news: OPWV +11.5% (appoints Karen Willem as Chief Financial Officer); UXG +8.3% (announces that recent drilling at the Magistral Mine, located in Sinaloa State, Mexico continues to encounter encouraging gold mineralization); MDVN +5.7% (announces positive top-line results from Phase 2 Dimebon study in Huntington's Disease); BEXP +5.1% (announces high rate main pass production test and new Southern Louisiana discovery); FSNM +4.7% (Strategic Capital enhancement plan results in the closure of First State's Utah Br); SVLF +2.4% (increases and extends revolving credit facility); ABK +2.2% (provides financial details related to collateral requirements of its investment agreement business); NAVR +1.6% (announces FUNimation Entertainment's acquisition of rights formerly held by A.D. Vision); PENN +1.4% (secures option to acquire potential gaming site in Perryville Maryland); GMXR +1.4% (raises 2008 revenue, EBITDA, and discretionary cash flow guidance; announces Haynesville/Bossier shale drilling to begin 3Q08; Increases 2008 capital expenditure budget); WX +1.3% (announces that the co withdraws proposed follow-on offering in a Form RW); VSEC +1.1% (awarded subcontract to support Army night vision and electronic sensor directorate); ROC +1.0% (announces global price increases); SSTI +0.7% (announces termination of SEC investigation regarding historical stock option grant practices and compliance with NASDAQ listing requirements)...
Companies trading lower in reaction to news
 IMB -33.8% (hasn't been successful in raising added capital, regulator says firm no longer well capitalized; says it won't accept new loan submissions; Regulators have advised co they are no longer "well capitalized."); GDP -3.3% (announces it has commenced an underwritten public offering of 3.0 mln shares of its common stock); AOB -3.0% (proposes offering of $85 mln of convertible notes); HOGS -1.5% (files Form 424B3 related to 12 mln share offering by selling stockholders).

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