Pre Market Trading Indications

Gapping down in reaction to weak earnings/guidance: SLRY -30.9% (also downgraded to Market Perform at Wachovia and downgraded to Hold at Needham), SSTR -29.2%, YTEC -10.7%, CTRP -10.2% (also downgraded to Neutral at Susquehanna), PRCP -10.0%, WH -8.1%, BRCD -6.9% (also downgraded to Average at Caris), STV -5.8%, OESX -4.9%, FSRV -4.7%, CSH -4.1% (also announces intention to close Ohio lending locations), TK -4.0%, BX -3.3%, SNS -3.0%, ITW -1.5%...

Other news: SDTH -9.8% (announces proposed offering of $100 million convertible senior notes), BCS -2.3% (takes close to $2 bln writedown - Reuters)...

Analyst downgrades: CN -3.0% (downgraded to Sell at Deutsche Bank), SPR -2.2% (downgraded to Neutral at Cowen), CEC -2.1% (downgraded to Hold at Keybanc), KNX -2.0% (downgraded to Neutral at UBS), MCHX -1.5% (downgraded to Neutral from Positive at Susquehanna), NSM -1.2% (downgraded to Neutral at Merrill).

Gapping up in reaction to strong earnings/guidance: BBI +14.0%, SINA +12.3% (also upgraded to Buy at Citigroup), FUQI +8.1%, YGE +6.7%, MPEL +6.1%, EJ +5.9%, SSRX +5.0%, A +4.5%, BT +4.1%, TSTC +3.9%, FREE +2.4%, FEED +2.2%, JCP +2.0%, URBN +1.5%, PRGN +1.4%...

M&A news: CNET +42.5% (to be acquired by CBS for $11.50 a share)...

Select solar stocks showing continued strength: ASTI +7.8%, SOLF +7.6%, CSUN +4.9%, ESLR +4.0%, SOL +1.9%, SPWR +1.7%, FSLR +1.2%...

Other news: IDMI +14.3% (announces updated data from Mifamurtide Compassionate access program; data shows it is well-tolerated while showing signs of disease control), RCH +7.7% (continued strength following yesterday's 40%+surge higher), WGOV +6.2% (Cramer makes positive comments on MadMoney), ABK +4.6% (modestly rebounding after issuing response to Moody's comments late in trading session yesterday), UBET +4.4% (still checking), QGEN +2.5% (still checking), MT +2.5% (still checking), APC +2.1% (signs agreement with Anadarko as foundation shipper for bison pipeline project), YHOO +1.0% (Carl Icahn is moving ahead with proxy battle for yahoo - sources)...

Analyst upgrades: ELOS +4.3% (upgraded to Buy at Merriman), TIVO +3.3% (upgraded to Market Perform at FBR), ITRN +3.0% (upgraded to Overweight at tier 1 firm), CEL +1.8% (upgraded to Buy at Jefferies), RIG +1.2% (initiated with Buy at UBS), NE +1.0% (initiated with Buy at UBS).

Gapping up: SINA +10.9%, YGE +6.7%, WGOV +6.2%, SSRX +5.0%, A +4.5%, UBET +4.4%, TSTC +3.9%, BRCD +3.9%, MT +2.5%, SOL +1.9%, PRGN +1.4%, YHOO +1.0%...

Gapping down: SSTR -29.2%, PRCP -15.0%, SDTH -9.8%, CTRP -9.6%, STV -3.6%, BCS -3.0%, ASYS -2.2%.