Cautious, low volume, range bound trade ahead of the employment data which could be crucial to the Fed's interest rate decision on Sep 18.Companies moving in after hours trading in reaction to earnings: Trading Up: ALOY +6.8%; HOV +4.2%; CAE +2.6%; PAY +1.5%; QBAK +1.2%; ZQK +0.90%... Trading Down: KWD -12.9%; AMSWA -9.3%; COO -3.2%; NSM -2.6%; FIZZ -2.3%; DUCK -1.7%... Companies moving in reaction to news: Trading Up: CAB +2.9% (will replace eFunds (EFD) in the S&P SmallCap 600); ICON +2.2% (announces definitive agreement to purchase Official Pillowtex for 231 mln in cash); ACLI +1.5% (acquires naval architecture and Marine Engineering Firm)... Trading Down: FSTW -3.1% (announces intention to voluntarily delist and deregister stock); ACAS -2.4% (announces a 5 mln share common stock offering; 4 mln by selling shareholders and 1 mln by the co - pursuant to an existing shelf); TMA -1.3% (files 8-K discussing recent developments; co delayed the funding of ~$231.6 mln of loans); LCC -1.2% (appoints Chief Operating Officer); KMT -1.0% (reaffirms Y08 guidance).
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