Wednesday, May 30, 2007

After Hours Summary

Companies moving in after hours trading in reaction to earnings: Trading Up: SMTC +10.4%; PSS +6.7%; CHS +5.0%; JRJC +4.4%; NOVL +2.6%... Trading Down: OPTM -9.2%; LGF -8.5%; JAS -2.6%... Companies moving in reaction to news: Trading Up: ENCY +26.7% (Canadian Health authority approves THELIN (Sitaxsentan Sodium) for pulmonary arterial hypertension); OCCX +7.9% (TLCV announced that it has entered into an agreement to sell all of its shares of OCCX common stock to private equity group); CEN +4.1% (enters into merger agreement with Thomas H. Lee Partners and Fidelity National Financial; Ceridian shareholders to receive $36.00 per share); ADPT +1.5% (Steel Partners II deivers letter to Adaptec stating concerns over co direction); EMKR +1.1% (Kopp Investment Advisors discloses 6.4% stake in SC 13D filing)... Trading Down: TAM -2.9% (CAIXA and TAM launch partnership); VCLK -2.4% (says Tom Vadnais appointed Chief Executive Officer, succeeding James Zarley); LYO -1.4% (to sell $510 mln of 6.875% senior unsecured notes); CSC -1.0% (announces delay in filing 2007 Form 10-K).

Courtesy of Briefing.com

N.B. - By exception, there will be no pre-market post tomorrow morning.

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