Stock Movers in Opening Session (DRIV, ENTG, TLAB)

Digital River, Inc. (NASDAQ:DRIV) added 2.88% to $36.65. The company reported third quarter non-GAAP net income of $0.20 per share after the bell Monday, down from $0.42 per share last year. The company expects to report fourth quarter non-GAAP net income of $0.28 to $0.31 and full year 2010 of $0.87 to $0.90. The stock is now up 2.02 on 90K shares. Over the past 52-week, the stock traded within the range of $21.83-$36.93. At current market price, the market capitalization of the company stands at $1.45 billion. Entegris, Inc. (NASDAQ:ENTG) soared 7.09% to $5.44. For the three month period ended Oct 2, Entegris earned $22.4 million, or 17 cents a share, compared with a loss of $7.6 million, or 7 cents a share, last year. Analysts on average were expecting the company to earn 17 cents on $172.1 million in revenue, according to Thomson Reuters. The company said it expects fourth-quarter earnings of 17-19 cents a share on revenue of $173-$183 million. The stock went up more than 2% year-to-date. Tellabs, Inc. (NASDAQ:TLAB) plunged 12.90% and currently trading at $7.02. The company said its third-quarter earnings rose to $56.5 million, or 15 cents a share, from $29.3 million, or 7 cents a share, in the year-ago period. Wall Street analysts expected earnings of 14 cents a share, and revenue of $421.7 million, according to a survey by FactSet Research. The company expects fourth-quarter revenue of $410 million to $430 million, below the Wall Street target of $441.2 million. The 52-week range of the stock is $5.36-$9.45.
tdp2664
Newsworthy Stocks