(VAR) - buy
Varian Medical Systems announced that it estimates the company will report net orders growth in the first quarter of fiscal year 2009 in the range of 12 to 13 percent above the year-ago period with gains in all of its major businesses.

(ZGEN) - buy
Zymogenetics and Bristol-Myers enter global collaboration on novel Hepatitis C Compound.

(AA) - short
Alcoa Inc. swung to an expected fourth-quarter loss Monday as it took hefty charges to deal with weak global demand for aluminum from the automotive and construction industries.

(CSX) - short
CSX reports Q4 profit below market consensus.

(KLAC) - short
KLA-Tencor Corp cut its fiscal second-quarter forecast, warning of sharply worsening business conditions.