sonus networks

StreetInsider.com Morning Movers: AMD (NYSE: AMD) 30% HIGHER; The company and Advanced Technology Investment Company of Abu Dhabi announced the creation of a U.S.-headquartered, leading-edge semiconductor manufacturing company.

Royal Bank of Scotland (NYSE: RBS) 25% LOWER; speculation the company will need government assistance. The company denied this.

First Solar, Inc. (Nasdaq: FSLR) 15% LOWER Goldman downgraes to Sell Sonus Networks (Nasdaq: SONS) 15% LOWER; expects to report a significant decrease in year-over-year revenue for the third quarter ended September 30, 2008.

StreetInsider.com Pre-Open Movers:

LDK Solar Co., Ltd. (NYSE: LDK) 18% HIGHER; reports Q2 EPS of $1.29, versus analyst estimate of $0.42.

Revenues for the quarter were $441.7 million, versus the consensus of $282.04 million. Sees FY08 $1.65 billion to $1.75 billion versus $1.16 billion consensus.

Sonus Networks (Nasdaq: SONS) 16% LOWER; reports Q2 EPS of $0.00, in-line with the analyst estimate of $0.00.

Revenues for the quarter were $87.9 million, versus the consensus of $86.22 million

DealerTrack Holdings, Inc.

StreetInsider.com After-Hours Movers:

LDK Solar Co., Ltd. (NYSE: LDK) 18.5% HIGHER; reports Q2 EPS of $1.29, versus analyst estimate of $0.42.

Revenues for the quarter were $441.7 million, versus the consensus of $282.04 million. Sees FY08 $1.65 billion to $1.75 billion versus $1.16 billion consensus.

Sonus Networks (Nasdaq: SONS) 16% LOWER; reports Q2 EPS of $0.00, in-line with the analyst estimate of $0.00.

Revenues for the quarter were $87.9 million, versus the consensus of $86.22 million

DealerTrack Holdings, Inc.