nasdaq

Jul. 18 - Gains in financial stocks help Dow snap a four week losing streak - the S&P 500 and Nasdaq snap six weeks of losses.

Stocks fell as a rebound in oil prices renewed concerns and a sharp drop in Cisco Systems shares sent the Nasdaq nearly 1 percent lower.

Russian property Yandex has both Yahoo and Microsoft beat in the European search market, and trounces Google, too, in its homeland.  Now, a report has indicated that Yandex (or at least its name) may travel to New York to raise $2 billion in an IPO.

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StreetInsider.com After-Hours Movers:

Volcom (Nasdaq: VLCM) 16.9% HIGHER; reports Q1 EPS of $0.38, 17 cents better than the analyst estimate of $0.21.

Revenues for the quarter were $80.6 million, versus the consensus of $69.54 million. Sees Q2 EPS of $0.16-$0.17, versus the consensus of $0.25.

Sees Q2 revs of $69-$70M, versus the consensus of $71.5 million. Sees FY EPS of $1.56-$1.59, versus the consensus of $1.51.
Network Equipment Technologies (NYSE: NWK) 15% LOWER; reports Q1 EPS of $0.09, 2 cents better than the analyst estimate of $0.07.

StreetInsider.com After-Hours Movers:

Align Technology (Nasdaq: ALGN) 16% HIGHER; reports Q1 EPS of $0.07, 4 cents better than the analyst estimate of $0.03.

Revenues for the quarter came in at $74.8 million, versus the consensus of $72.02 million. For the second quarter 2008 (Q2 08), Align Technology expects net revenues to be in a range of $78.5 million to $81.5 million.

Earnings per diluted share for Q2 08 is expected to be in a range of $0.04 to $0.06. (Consensus is $81.69 million and $0.10, respectively).

For fiscal 2008, the Company remains comfortable with its prior outlook.

StreetInsider.com After-Hours Movers: Riverbed Technology (Nasdaq: RVBD) 8% LOWER; issued Q1 preliminary earnings today: EPS are expected to be in the range of $0.08-$0.10, versus the consensus of $0.12.

Revenues are expected to be $72-$74 million, versus the consensus of $80.98 million. Dendreon Corp. (Nasdaq: DNDN) 6% HIGHER; Continues today's 4% run-up after a $47M registered direct offering at a premium to the market price.

As of 1:46 pm, all three indexes on Wall Street are in the green Thursday with the Dow Jones industrials average up about a third of a percent, while the broader indexes - NASDAQ and S and P 500 are up 0.13 percent and 0.31 percent respectively.

StreetInsider.com After-Hours Movers: LoJack Corporation (Nasdaq: LOJN) 15.6% LOWER; sees FY08 EPS of $0.75-$0.85, versus the Street consensus of $1.15.

Q1 EPS are expected to be about $0.04 and Q2 EPS are expected to be about $0.20. The Street is currently expecting $0.25 and $0.30 in Q1 and Q2, respectively.

Revenues for the FY08 are expected to be in the range of $213-$218 million, versus the Street estimate of $233.15 million.

Chordiant Software, Inc.

StreetInsider.com Trading Radar: ISM Manufacturing Index is expected 10AM ET with analysts looking for 47.5 Construction Spending is expected at 10AM ET with analysts looking for -1%.

Immucor Inc. (Nasdaq: BLUD) is expected to report results after the close Tuesday with analysts looking for EPS of $0.22 and revenues of $62.97 million.

Questcor Pharmaceuticals, Inc. (AMEX: QSC) 17.3% HIGHER; reports Q4 EPS of $0.45 compared to a $0.06 loss for the same period last year.

Revenues were $27.1 million for Q4 compared to $3.4 million for the same period last year. Separately, the QSC board approves the repurchase plan for up to 7 million shares.

Obagi Medical Products, Inc. (NASDAQ: OMPI) 12% LOWER; reports Q4 EPS of $0.21, cents better than the analyst estimate of $0..

Revenues for the quarter were $27.3 million, versus the consensus of $ million.