Movers: GM, Rohm & Haas, Dow Chemical, Biovail

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asp?symbol=VIRL'>VIRL) lowers first quarter revenue guidance to $11-$11.5 million from $15.5-$16 million. Sees $0.06-40.08 non-GAAP loss, vs. previous view of $0.02-$0.04 EPS. Notes recent delays in customer orders.

Huntsman (HUN) receives the final $425 million in payments from affiliates of Apollo Management, L.P. Payments were made pursuant to HUN's agreement with Hexion Specialty Chemicals, Inc. Apollo and certain of its affiliates to settle HUN's claims against Hexion, Apollo and its affiliates arising in connection with HUN's now terminated Merger Agreement with Hexion.

Elbit Systems Ltd. (ESLT) inks deal with Israel Aerospace Industries (IAI) re all claims relating to ImageSat Intl N.V. (46% of its issued share capital held by IAI) asserted against co., its unit Elbit Systems Electro-Optics (Elop), certain ESLT officers, employees, directors, incl. 3 existing legal proceedings commenced by various shareholders, debtholders of ImageSat. IAI will indemnify company, Elop, directors nominated by Elop to ImageSat's board, for any losses arising out of any of foregoing claims or legal proceedings.

Cogdell Spencer (CSA) says its board has declared quarterly dividend of $0.225 per share payable on Jan. 30, 2009. The prior quarterly dividend payout was $0.35 per share. Also says that its board has approved a business plan for 2009 that focuses on cost reductions and the preservation of capital for productive deployment while allowing CSA to pursue its integrated delivery strategy despite client-related project delays resulting from current financial crisis.

Techteam Global (TEAM) expects to record a one-time charge of approximately $1.8-$2.2 million on a pre-tax basis during fourth quarter for costs associated with restructuring actions. Says it's adjusting its cost structure to improve operating efficiency entering 2009 amid downturn in global economic conditions.

HSN, Inc. (HSNI) adopts stockholder rights plan designed to protect stockholders in event of unsolicited takeover proposal. In connection with stockholder rights plan, HSN's board declared a distribution of 1 preferred stock purchase right for each share of HSN's common stock held by stockholders of record as of 1/5/09.