US HOT STOCKS: V AUY CROX Virgin Mobile, Wells Fargo -7-

US HOT STOCKS: Virgin Mobile, Wells Fargo -7-

Last Update: 4/30/2008 5:12:30 PM

Among the companies whose shares were active in after-hours trading Wednesday
were Itron Inc. (ITRI), JDS Uniphase Corp. (JDSI), and Amkor Technology Inc.
(AMKR).

Itron Inc. (ITRI) rose 5.4% to $98.10 after the data acquisition and
communication products supplier raised its 2008 adjusted earnings and revenue
forecasts. The company said it now expects earnings of $3.25 to $3.45 a share up
from its previous guidance of $3.20 to $3.45 a share. Itron also sees 2008 sales
of $1.88 billion to $1.93 billion, up from its earlier forecast of $1.87 billion
to $1.91 billion. Itron also reported adjusted earnings of $26.9 million, or 82
cents a share on revenue of $478.5 million. Wall Street expected, on average,
earnings of 70 cents on revenue of $453.9 million.

JDS Uniphase Corp. (JDSU) fell 9.8% to $12.91 after the fiber-optic equipment
provider posted fiscal third-quarter revenue that missed analysts’ estimates. The
company said its sales increased 6% to $384 million. Analysts polled by Thomson
Reuters, had expected, on average, revenue of $394 million.

Amkor Technology Inc. (AMKR) rose 9.4% to $10.45 after the semiconductor
packaging and test services company posted first-quarter results and forecast
second-quarter earnings ahead of analysts’ estimates. The company said its
first-quarter net income jumped to $72 million, or 36 cents a share, while
revenue rose to $699.5 million. Analysts, on average, expected earnings of 26
cents a share on revenue of $684 million. Amkor also expects second-quarter
earnings of 32 cents to 36 cents a share. Wall Street is looking for earnings of
28 cents a share in the second quarter.

Symantec Corp. (SYMC) rose 4.2% to $17.95 after the security and storage software
maker said its fiscal fourth-quarter net income rose to $186.4 million, or 22
cents a share, while increased to $1.54 billion. Excluding special items,
Symantec said earnings rose to 36 cents a share. Analysts had expected, on
average, earnings of 34 cents a share.

Starbucks Corp. (SBUX) slipped 1 cent to $16.22 after the coffee said its fiscal
second-quarter net income fell 28% to $108.7 million, or 15 cents a share, while
sales increased 12% to $2.53 billion. Analysts expected, on average, earnings of
15 cents a share on revenue of $2.5 billion. The company also cut its target for
U.S. store openings in fiscal 2008 by 155 sites to 1,020.

iRobot Corp. (IRBT) fell 13% to $13.95 after the company forecast 2008 earnings
below Wall Street estimates. The robot maker said it sees 2008 earnings of 12
cents to 17 cents a share. Analysts expect, on average, earnings of 23 cents a
share.

Prudential Financial Inc. (PRU) fell 1.6% to $74.50 after the life insurance and
annuity company said its first-quarter net income dropped 94% on large investment
losses. Earnings at Prudential’s financial-services business fell to $77 million,
or 20 cents a share. Excluding investment gains and losses and other items,
earnings fell to $1.65 a share. Financial-services revenue rose 4.9% to $6.98
billion. Analysts, on average, expected financial-services earnings of $1.82 a
share on revenue of $6.63 billion.

Regular Session Movers:

General Motors (GM, $23.20, $2.00, 9.43%) posted better-than-expected results for
the first quarter helped by strong overseas earnings, but continued weakness in
North America and a charge related to its equity in finance unit GMAC LLC led to
a first-quarter net loss of $3.25 billion, or $5.74 a share. Excluding charges,
GM said its first-quarter adjusted loss was $350 million, or 62 cents a share,
while analysts polled by Thomson Reuters expected, on average, a loss of $1.60
cents a share.

Procter & Gamble Co. (PG, $67.05, $1.15, 1.75%) reported a 7.9% rise in fiscal
third-quarter net income and raised the low end of its fiscal-year forecast. For
the quarter ended March 31, the consumer-products giant posted net income of
$2.71 billion, or 82 cents a share, compared with $2.51 billion, or 74 cents a
share, a year earlier.

Citigroup Inc. (C, $25.27, -$1.05, -3.99%) will sell $4.5 billion in common
stock, 50% more than it said it would sell earlier this week, responding to
“strong demand from a broad base of investors.” Tuesday afternoon, the largest
U.S. bank by assets said it would sell at least $3 billion in common stock to
beef up its capital. The move comes barely a week after the New York bank raised
$6 billion in the credit markets, bringing the total infusion Citigroup has
recently collected from investors to some $40 billion.

International Paper Co.’s (IP, $26.17, -$1.14, -4.17%) net income fell to $133
million, or 31 cents a share, from $434 million a year ago, when the company
booked a $264 million gain from selling and swapping businesses. Analysts were
expecting earnings of 50 cents a share. Lower land sales also hurt results.

3Com Corp. (COMS, $2.39, $0.05, 2.14%) named Robert Mao as chief executive
officer to succeed Edgar Masri, who is leaving the company. “To support the
company’s increasing emphasis on its growing and profitable China-based H3C
operations, Mao will be based in China,” said the company in a statement. The
converged voice and data networking solutions company also hired Ronald Sege as
president and chief operating officer, effective April 30

Ace’s (ACE, $60.29, $1.94, 3.32%) first-quarter net income fell 46% to $377
million from a year earlier when the insurance and reinsurance company made $701
million. Net income was $1.10 a share after payment of preferred dividends, down
from $2.10 a share for the same quarter last year, the company reported.
Excluding net realized gains and losses, Ace said it made $2.16 a share in the
latest period. The company was expected to make $1.91 a share, according to a
FactSet analyst survey.

Bois D’Arc Energy Inc. (BDE, $23.90, -$2.08, -8.01%) agreed to be acquired by
fellow oil-and-gas company Stone Energy Corp. (SGY, $60.94, -$6.91, -10.18%) for
about $1.8 billion in a cash-and-stock deal that would combine two firms focused
on the Gulf of Mexico. The deal - $13.65 in cash and 0.165 share of Stone Energy
- values each share of Bois at $24.85, a 4.3% discount to the stock’s closing
price of $25.98 Tuesday.

CB Richard Ellis Group Inc. (CBG, $23.12, $0.57, 2.53%) reported its
first-quarter earnings rose to $20.5 million, or 10 cents a share, from $12
million, or 5 cents a share, a year earlier. Excluding one-time charges, the Los
Angeles real estate service company would have earned $31.7 million, or 15 cents
a share. Revenue increased to $1.23 billion from $1.21 billion a year ago.
Analysts polled by FactSet had projected earnings of 24 cents a share on revenue
of $1.16 billion.

Central Pacific Financial Corp.’s (CPF, $18.36, -$1.12, -5.75%) first-quarter net
income fell to $1.66 million, or 6 cents a share, from $20.1 million, or 65 cents
a share, a year earlier, due to the weak housing market. Analysts expected, on
average, earnings of 38 cents a share. The Honolulu bank holding company also
boosted its provision for loan and lease losses to $34.3 million from $2.6
million.

Chicago Bridge & Iron Co. (CBI, $39.84, -$8.47, -17.53%) said its first-quarter
net income rose to $42.2 million, or 43 cents a share, from $36.6 million, or 38
cents a share, in the year-ago period on revenue of $1.44 billion. The results
fell below analysts’ average estimates, which were for earnings of 54 cents a
share with sales of $1.41 billion.

Colgate-Palmolive’s (CL, $70.70, -$5.08, -6.70%) first-quarter net income fell to
$466.5 million, or 86 cents a share, from $486.6 million, or 89 cents a share, a
year earlier. Excluding items, earnings rose to 90 cents from 77 cents. Revenue
increased 16% to $3.71 billion as volume rose 5%. Analysts projected earnings of
89 cents a share on revenue of $3.57 billion.

Commscope Inc. (CTV, $47.55, $5.94, 14.28%): Excluding charges for purchase
accounting adjustments and purchase intangibles amortization, the company earned
$46.7 million, or 59 cents a share, in the first quarter, above analysts’
estimates of per-share earnings of 32 cents.

Constellation Energy Group Inc.’s (CEG, $84.65, -$1.66, -1.92%) first-quarter net
income slid 26%, to $145.7 million, or 81 cents a share, hurt by hedging losses
and higher interest costs. Excluding one-time items, hedges and its synfuel
business, Constellation said earnings from continuing operations fell to 95 cents
a share from $1.03. Revenue fell 5.6% to $4.83 billion. The mean estimates of
analysts surveyed by Thomson Reuters were earnings of $1.28 a share and revenue
of $5.21 billion.

Cummins Inc.’s (CMI, $62.65, $5.16, 8.98%) topped Wall Street estimates for the
first-quarter as net income rose 33% to $190 million, or 97 cents a share, due in
part to segment sales growth. Analysts expected earnings of 89 cents a share. The
company also said it expects 2008 revenue up 12% from a year ago.

Dean Foods Co. (DF, $23.24, $0.72, 3.20%) reported first-quarter income fell 52%
to $30.8 million, or 21 cents a share as sales rose 17% to $3.08 billion. On
average, analysts expected earnings of 18 cents a share.

DreamWorks Animation SKG’s (DWA, $27.96, $2.22, 8.62%) first-quarter profit rose
to $26.1 million, or 28 cents a share, compared with a profit of $15.4 million,
or 15 cents a share, a year ago. Results in the latest quarter included a tax
benefit of 2 cents a share. Revenue rose 68% to $156.6 million. Analysts polled
by Thomson Reuters were expecting a profit of 23 cents a share on revenue of
$126.5 million.

Dresser-Rand Corp. (DRC, $36.57, $3.25, 9.75%) beat analysts’ estimates for
first-quarter income, as earnings rose to 32 cents a share from 18 cents a share
a year earlier. On average, analysts polled by Thomson Reuters expected earnings
of 23 cents a share.

Embarq Corp. (EQ, $41.57, $1.91, 4.82%) reported first-quarter earnings of $212
million, or $1.38 a share, compared with earnings of $160 million, or $1.05 per
share, for the same period the previous year. Revenue slipped nearly 1% to $1.57
billion. Analysts were expecting earnings of $1.17 a share on revenue of $1.56
billion, according to consensus estimates from FactSet Research.

First Solar Inc. (FSLR, $291.99, $7.07, 2.48%) reported net income for the first
quarter above analysts’ estimates. Net income rose to 57 cents a share from 7
cents in the year-ago period, and according to a filing with the Securities and
Exchange Commission, revenue was $196.9 million. Analysts expected, on average,
earnings of 47 cents a share on revenue of $183.6 million.

Flextronics International (FLEX, $10.39, $0.03, 0.29%) reported a fiscal
fourth-quarter loss of $93 million, or 11 cents a share, compared with $121
million, or 20 cents a share, a year earlier. Revenue rose to $7.78 billion from
$4.68 billion. The results were affected by restructuring and stock-based
compensation charges. Excluding those one-time items, Flextronics would have
earned $215 million, or 22 cents a share. Analysts surveyed by FactSet Research
had forecast Flextronics to earn 22 cents a share on revenue of $7.78 billion.

GPS products maker Garmin Ltd. (GRMN, $40.90, -$5.54, -11.93%) reported
first-quarter earnings and revenue well below Wall Street extimates. Net income
rose 6% to $147.8 million, or 69 cents a share, from $139.9 million, or 64 cents
a share, a year earlier. Net sales during the period were $663.8 million.
Analysts, on average, expected earnings of 75 cents a share and revenue of $705.1
million.

Gulfmark Offshore Inc.’s (GLF, $59.80, $6.02, 11.19%) first-quarter net income
rose 32% to $32.3 million, or $1.40 a share, from $24.4 million, or $1.06 a
share, a year earlier, beating analysts’ estimates. The Houston marine
transportation services provider said revenue for the period increased 27% to
$83.3 million. On average, analysts polled by Thomson Reuters expected earnings
of $1.09 a share on revenue of $79 million.

Harris Corp. (HRS, $54.03, $1.33, 2.52%) reported its third-quarter net income
fell to $108 million, or 78 cents a share, from $214.9 million, or $1.52 a share,
a year earlier. Excluding acquisition-related costs and gains, the communication
products company would have earned 81 cents a share. Revenue increased to $1.33
billion from $1.07 billion in the year-ago period. Analysts surveyed by FactSet
had predicted earnings of 75 cents on revenue of $1.33 billion.

Headwaters Inc. (HW, $11.43, -$2.83, -19.85%) swung to a second-quarter loss of
$9.2 million, or 22 cents a share, while analysts estimated a loss of 4 cents per
share. On a non-GAAP basis, the loss was 11 cents a share. The technology
licensing company said revenue decreased 37% to $172 million. For 2008,
Headwaters cut its per-share earnings guidance to 60 cents to 75 cents.

HealthSpring Inc. (HS, $16.84, $1.48, 9.64%) reported first-quarter income of
$21.1 million, or 37 cents a share, above analysts’s estimates of 24 cents a
share. The managed-care organization also raised its 2008 earnings outlook to
$1.85 to $2 a share from $1.75 to $1.90 a share.

Ingersoll-Rand Co.’s (IR, $44.38, $1.82, 4.28%) first-quarter net income dropped
17% to $181.6 million, or 66 cents a share, on prior-year earnings from
discontinued operations as sales gains were strong across the company. Earnings
from continuing operations rose to 77 cents from 50 cents. Revenue increased 9.5%
to $2.16 billion. Analysts’ mean estimates, as polled by Thomson Reuters, were
earnings of 73 cents and 6% revenue growth to $2.1 billion.

Interpublic Group of Cos. (IPG, $9.05, $0.50, 5.85%) said its first-quarter net
loss narrowed to 15 cents a share, from 29 cents a share a year earlier, on
revenue of $1.49 billion, and said it remains on track to hit its 2008 financial
objectives. Analysts polled by Thomson Reuters expected a per-share loss of 16
cents a share on revenue of $1.44 billion.

Jones Lang Lasalle Inc. (JLL, $77.61, -$10.09, -11.51%) posted first-quarter
earnings of $2.8 million, or 9 cents a share, well below Wall Street estimates.
The company said earnings were hurt primarily by liquidity conditions in the
credit markets that affected its hotels and broader credit markets businesses.
Analysts had expected earnings, on average, of 63 cents a share.

Kraft Foods (KFT, $31.63, $0.86, 2.79%) reported net income roughly in line with
estimates and revenue that beat Wall Street views. The company said net income,
including a 3-cent gain and 4-cent restructuring charge, was down 13% to 40 cents
a share as surging commodities hit the food titan despite a revenue boost helped
by product-price hikes. Net revenue rose 21% to $10.4 billion. Analysts polled by
Thomson Reuters had expected earnings, excluding items, of 40 cents a share on
revenue of $9.77 billion.

LandAmerica Financial Group Inc., (LFG, $28.70, -$7.06, -19.74%) suffering from
the current credit market environment, swung to a first-quarter loss of $24.2
million, or $1.60 a share, from a year-earlier profit of $4.7 million, or 26
cents a share. Analysts, on average, had expected a loss of 46 cents a share.

Lincoln National Corp.’s (LNC, $53.76, $1.31, 2.50%) first-quarter net income
fell to $289 million, or $1.11 a share, from $396 million, or $1.42 a share, a
year earlier. Operating earnings, which exclude net realized investment gains and
losses and other items, were $333 million, or $1.28 a share, the company
reported. Lincoln was expected to make $1.32 a share, according to a FactSet
analyst survey.

Macrovision Corp.’s (MVSN, $15.78, -$0.29, -1.80%) shareholders approved issuing
stock to finalize the proposed buyout of Gemstar-TV Guide (GMST, $4.03, -$0.11,
-2.66%). Shareholders of Gemstar-TV Guide also approved the sale of the company
to Macrovision at a special meeting. To complete the deal, Macrovision and its
successor entity, Macrovision Solutions Corp., secured debt financing worth about
$650 million.

MEMC Electronic Materials Inc. (WFR, $62.97, -$6.43, -9.27%) was downgraded to
netural from overweight at JPMorgan. The firm said MEMC faces headwinds due to
high Wall Street expectations and a “very tight” capacity expansion schedule.

Microsoft Corp. (MSFT, $28.52, -$0.12, -0.42%) is expected to make its next move
in the three-month-old takeover standoff with Yahoo Inc. (YHOO, $27.41, $0.05,
0.18%) as early as Wednesday, as the two sides have failed to reach any
negotiated acquisition deal. One option Microsoft has weighed is nominating a
proxy slate of directors to replace Yahoo’s board, while waiting to put any
acquisition offer directly to Yahoo shareholders, say people familiar with the
matter.

Moody’s Investors Service upgraded Nike Inc.’s (NKE, $66.80, -$1.43, -2.10%)
senior unsecured rating to A1 from A2. “The rating upgrade reflects Nike’s
continued growth, across product lines and geographies, while maintaining gross
and operating margins,” said Scott Tuhy, a senior analyst at Moody’s.

Northwest Bancorp Inc. (NWSB, $25.80, $0.83, 3.32%) shares rose after the Warren,
Pa., holding company for Northwest Savings Bank was upgraded to neutral from sell
by Janney Montgomery Scott.

OfficeMax (OMX, $18.27, -$1.93, -9.55%) said its first-quarter profit rose to
$63.3 million, or 81 cents a share, from $58.5 million, or 76 cents, a year
earlier. The latest quarter included unusual items which boosted earnings by 13
cents a share. Sales declined 5.5% to $2.3 billion.

Oil States International Inc. (OIS, $50.06, $3.39, 7.26%) Tuesday said its
first-quarter earnings rose 14% to $66.5 million, or $1.31 a share. The Houston
energy company said revenue jumped 25% to $601.2 million. Analysts polled by
Thomson Reuters expected, on average, earnings of $1.15 a share on revenue of
$591 million. Looking ahead, the company expects second-quarter earnings of 90
cents to 97 cents a share.

Panera Bread Co. (PNRA, $52.26, $6.84, 15.06%) reported first-quarter results
that topped analysts’ estimates, and raised its second-quarter earnings forecast
to 40 cents to 44 cents a share from 37 cents to 43 cents a share, also above
Street views. Panera’s net income fell to 41 cents a share, including a charge of
6 cents, while analysts had expected per-share earnings of 39 cents.

Plantronics Inc. (PLT, $24.91, $3.63, 17.06%) fiscal fourth-quarter income rose
75% to $17.6 million, or 36 cents a share. Excluding items earnings jumped to 43
cents a share, well above analysts’ estimates for earnings of 27 cents a share.

Reynolds American Inc. (RAI, $53.85, -$4.00, -6.91%) cut its 2008 earnings
forecast in light of weakening cigarette volumes and posted first-quarter net
income, excluding a one-time gain, below analysts’ estimates. The second-largest
U.S. tobacco company reported income of $1 a share excluding a 71 cent gain from
ending a joint venture with Gallaher Ltd., as revenue fell 4.2% to $2.06 billion.
The mean estimates of analysts surveyed by Thomson Reuters were for earnings of
$1.15 and revenue of $2.15 billion.

Savvis Inc. (SVVS, $14.65, -$4.03, -21.57%) was downgraded by three analysts
Wednesday after the company swung to a first-quarter loss and pegged its 2008
revenue guidance below Wall Street views. Goldman cut to neutral from buy,
Jefferies cut to hold from buy and Lehman cut to equal weight from overweight.

Sealed Air Corp. (SEE, $25.56, -$1.98, -7.19%) said it expects 2008 earnings at
the low end of its previous guidance due to higher raw material costs and low
volume growth. Excluding charges, the company expects non-GAAP earnings at the
low end of $1.75 to $1.85 cents a share. The packaging materials maker said
first-quarter earnings, excluding items, fell to 35 cents a share, below
analysts’ expectation of per-share income of 39 cents.

Shares of Sucampo Pharmaceuticals Inc. (SCMP, $14.32, $2.19, 18.05%) rose sharply
after the U.S. Food and Drug Administration approved the company’s drug to treat
irritable bowel syndrome in women 18 years or older. Sucampo marketed the drug,
Amitza, with Takeda Pharmaceuticals North America Inc., a unit of Takeda
Pharmaceutical Co. Ltd. (TKPHY, $27.10, $0.00, 0.00%).

TECO Energy Inc. (TE, $16.01, -$0.65, -3.90%), parent of Florida utility Tampa
Electric, reported its first-quarter net income fell to $30.8 million, or 15
cents a share, from $72.8 million, or 35 cents, a year ago. Excluding one-time
items, earnings from ongoing operations were $31.4 million compared with $43.9
million a year earlier. Revenue fell to $791.7 million from $821.3 million.
Analysts polled by FactSet had predicted the company would earn 22 cents a share
on $838 million in revenue.

Time Warner Inc. (TWX, $14.85, -$0.42, -2.75%) reported a 36% drop in
first-quarter net income as the media conglomerate announced plans to separate
its majority-owned cable division, Time Warner Cable Inc. (TWC, $27.86, $0.24,
0.87%). Analysts have said Time Warner’s 84% stake in the cable unit could be
spun off to investors, possibly with a near-simultaneous dividend.

Timken Co. (TKR, $36.15, $2.72, 8.14%) reported earnings of $84.5 million, or 88
cents a share, in the first quarter, crushing analysts’ expectations for 72 cents
per share. For the year, the company expects earnings to be $2.75 to $2.95 a
share for the year and 73 cents to 83 cents a share for the second quarter.
Analysts estimates for the periods are $2.85 a share and 76 cents a share,
respectively.

Unisys Corp. (UIS, $4.16, -$0.59, -12.42%) swung to a first-quarter net loss of 7
cents a share from a profit of 1 cent a year ago, due to lower technology sales
in the U.S. and contracting delays. Analysts expected, on average, earnings of 2
cents a share.

Virgin Mobile USA Inc. (VM, $4.15, $0.44, 11.86%) declined the New York Stock
Exchange’s request to comment on unusual market activity after shares soared
Wednesday. Trading volume was at 1.05 million shares, up from the daily average
of 467,711 shares.

Wells Fargo (WFC, $29.75, -$0.13, -0.44%) will pay a quarterly dividend of 31
cents. The dividend is payable June 1 to shareholders of record as of May 9. The
company has about 3.3 billion shares outstanding.

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