Friday, February 29, 2008

In reaction to strong earnings/guidance:

In reaction to strong earnings/guidance: MRVC +23.6%, SDIX +12.8%, IPG +12.7%, SAPE +12.2%, JOEZ +12.2%, UTSI +9.6%, OVTI +9.4%, INAP +8.1%, ESL +8.0%, CLUB +7.8%, FCN +6.0% (also announces the acquisition of TSC Brasil; terms not disclosed), GPS +5.4% (also announces $1 billion share repurchase program), CSCX +5.3%, INT +4.7%, NOVL +4.7%, URI +4.1%, SGMS +4.1%, BXG +4.0%, NXG +3.1%, WR +3.0%, JRJC +2.9%, HEI +2.7%, EXAC +2.6%, CTV +2.5%, ESEA +1.7% (also upgraded to Buy at Cantor Fitzgerald), SWN +1.3% (also declares two-for-one stock split)... Other news: COMS +21.0% (Bain Capital and China's Huawei plan to resubmit an application seeking U.S. approval for their planned $2.2 bln buyout of 3Com - WSJ), JAZZ +15.4% (FDA approves once-daily Luvox extended release), AGO +11.9% (announces commitment by Wilbur Ross to purchase up to $1 bln of common equity), TTWO +4.2% (approached by other cos since EA offer - WSJ), RHT +4.1% (still checking), QDEL +4.1% (says the FDA grants CLIA waiver for its QuickVue RSV test), KRY +3.7% (provides shareholders a recap of achievements and progress for the Las Cristinas gold project in Venezuela), IVN +2.7% (still checking), TTWO +2.7% (still checking), GXDX +2.2% (prices a 2.08 mln share common stock offering at $25.50/share), CCK +1.5% (announces stock repurchase program of up to $500 mln), ACLS +1.5% (Sterling Capital Management amends 13D filing; wants ACLS to proactively solicit bidders for co)... Analyst upgrades: BKD +1.3% (upgraded to Buy at Stifel).

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