energy conversion devices

The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session: Before Market Opens: Earnings: ArQule (Nasdaq: ARQL) - consensus loss $0.42 Clear Channel Outdoor Holdings (NYSE: CCO) - consensus EPS $0.13 Energy Conversion Devices (Nasdaq: ENER) - consensus EPS $0.26 Nortel Networks (NYSE: NT) - consensus loss $0.30 Pacific Ethanol (Nasdaq: PEIX) - consensus loss $0.16 Perfect World (Nasdaq: PWRD) - consensus EPS $0.45 PHH Corp.

StreetInsider.com Pre-Open Movers: Sequenom, Inc. (NASDAQ: SQNM) 15% HIGHER; Announces Additional, Positive Results for Down Syndrome Test at Analyst Briefing Energy Conversion Devices, Inc.

(NASDAQ: ENER) 6.5% HIGHER; The U.S. Senate today passed a $17 billion energy tax credit which will affect solar and wind power companies, as well as refineries that process heavy oil.

Evergreen Solar Inc. (NASDAQ: ESLR) 6% HIGHER; The U.S. Senate today passed a $17 billion energy tax credit which will affect solar and wind power companies, as well as refineries that process heavy oil.

StreetInsider.com After-Hours Movers: Sequenom, Inc. (NASDAQ: SQNM) 15% HIGHER; Announces Additional, Positive Results for Down Syndrome Test at Analyst Briefing Morgan Stanley (NYSE: MS) 11% HIGHER; news that Warren Buffett is investing $5B in rival Goldman Sachs Goldman Sachs (NYSE: GS) 7% HIGHER; is selling $5 billion in perpetual preferred stock to Warren Buffett's Berkshire Hathaway and the company plans to raise another $2.5 billion through a common stock public offering.

Energy Conversion Devices, Inc. (NASDAQ: ENER) 6.5% HIGHER; The U.S.

StreetInsider.com Notable Analyst Rating Changes: UPGRADES: J.P. Morgan upgrades Cabot (NYSE: CBT) from Neutral to Overweight.

Merriman Curhan upgrades Netezza (NYSE: NZ) from Hold to Buy. ARGUS upgrades Incyte Corp. (Nasdaq: INCY) from Hold to Buy based on valuation and the solid trial results of INCB18424.

StreetInsider.com Trading Radar: Before Market Opens: Economics: 8:30 AM ET

• Preliminary Chain Deflator for Q2 - Street expects 1.1%
• Preliminary GDP for Q2 - Street expects 2.7%
• Initial Jobless Claims for the week of 8/23 - Street expects 425K, compared to 432K last week

Earnings: Diageo (NYSE: DEO) DSW (NYSE: DSW) - consensus EPS $0.10, revs $352.87M Energy Conversion Devices (Nasdaq: ENER) - consensus EPS $0.16, revs $77.47M Genesco (NYSE: GCO) - consensus EPS $0.40, revs $353.32M Kirkland's (Nasdaq: KIRK) - consensus loss of $0.17, revs $84.39M LaBarge (

StreetInsider.com Notable Analyst Rating Changes: UPGRADES: Merrill Lynch upgrades FTI Consulting (NYSE: FCN) from Underperform to Buy.

Price target $85. Wedbush Morgan and Jefferies upgrade VeriSign (Nasdaq: VRSN) to Buy. UBS upgrades Energy Conversion Devices (Nasdaq: ENER) from Neutral to Buy.

StreetInsider.com After-Hours Movers:

US Airways (NYSE: LCC) 7% HIGHER; Cuts Capacity, Cutting 1.700 Jobs

Energy Conversion Devices, Inc.

(Nasdaq: ENER) 4% LOWER; filed preliminary prospectus supplements with the SEC relating to proposed public offerings of 4,708,500 shares of common stock and $225 million aggregate principal amount of Convertible Senior Notes due 2013.

Steel Dynamics, Inc.

SoundBite Communications, Inc. (Nasdaq: SDBT) 36.2% LOWER; reports a Q1 loss of $0.10, 10 cents lower than the analyst estimate of $0.00.

Revenues for the quarter came in at $10.6 million, versus the consensus of $10.86 million. Energy Conversion Devices (Nasdaq: ENER) 34.9% HIGHER; reports Q3 earnings of $0.25 per share, ex-items, above the consensus of a $0.06 loss.

Revenues came in at $70 million, versus the consensus of $66.7 million. Sees Q4 revenues of $73-$78 million, versus the consensus of $73.13 million.