Among the companies whose shares are expected to actively trade
in Thursday's session are Exar Corp. (EXAR), Alexion
Pharmaceuticals Inc. (ALXN) and China Sky One Medical Inc.
(CSKI).
Exar cut its revenue and non-GAAP gross margin guidance for its
fiscal third quarter due to weaker economic conditions in Asia and
Europe and continued inventory corrections. Shares dropped 3.3% to
$6.45 in recent after-hours trading.
Alexion Pharmaceuticals Inc. (ALXN) agreed to acquire privately
held Enobia Pharma Corp. in a deal valued at up to $1.08 billion,
expanding Alexion's presence in the treatment of ultra-rare and
life-threatening diseases. Shares fell 1.7% to $69.75 recently in
late trading.
China Sky One Medical said Chief Financial Officer Hongyu Pan
has left the company for personal reasons, and a search for his
replacement has begun. Shares slid 2.9% to $1.10 in recent
after-hours trading.
Watch List:
Chesapeake Midstream Partners LP (CHKM) agreed to buy midstream
assets in the Marcellus Shale ultimately owned by Chesapeake Energy
Corp. (CHK) for $865 million.
StellarOne Corp. (STEL) said it repaid a remaining $22.5 million
for preferred shares it issued to the government under the U.S.
Treasury's Troubled Asset Relief Program during the financial
crisis in late 2008.
-Edited by Ian Thomson and Corrie Driebusch; write to
ian.thomson@dowjones.com and corrie.driebusch@dowjones.com