Morning Movers 10/16: eBay (EBAY) Lower On Results; Credit Suisse (CS), UBS (UBS) Advance - Street Insider

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Morning Movers 10/16: eBay (EBAY) Lower On Results; Credit Suisse (CS), UBS (UBS) Advance
Oct 16, 2008 01:32 PM UTC

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Symbol	Sentiment	Start	Return	Closed
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Via StreetInsider.com News Articles:

StreetInsider.com Morning Movers:

China TechFaith (NASDAQ: CNTF) 40% HIGHER; raises its Q3 sales guidance from $30-$35 million to about $43 million.

Universal Forest Products, Inc. (Nasdaq: UFPI) 20% LOWER; reports Q3 loss of $0.01, may not compare to the analyst estimate of $0.36. Revenues for the quarter were $610.7 million, versus the consensus of $626.39 million. Universal Forest Products does not believe its previous sales and earnings targets for 2008 are achievable.

Credit Suisse Group (NYSE: CS) 12% HIGHER; raised capital.

Peabody Energy (NYSE: BTU) 10% HIGHER; reports Q3 EPS of $1.38, versus the analyst estimate of $0.87. Revenues for the quarter were $1.91

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