Stocks To Watch (MSO,SOA,SNV,SXCI)

Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) moved up 6.13% to $7.27 in After- Hours trading as the Company has signed a deal with Martha Stewart, who will design a new line of products to be sold exclusively at Big Orange stores. During the current calendar year the stock has surged over 167%.

Solutia Inc. (NYSE: SOA) climbed 5.44% to $12.60 after it raised its fiscal 2009 adjusted EBITDA guidance from continuing operations to a range of $340 million to $360 million. The previous guidance was an adjusted EBITDA range of $325 million to $350 million. According to Reuters Estimates, analysts were expecting the Company to report EBITDA of $327 million for fiscal 2009.

Synovus Financial Corp. (NYSE: SNV) dropped 7.63% to $3.80 as it said it’s offering to sell as much as $350 million of shares. Proceeds will be used for working capital and general corporate purposes. The stock has 52-week range of $2.30-$18.78.

SXC Health Solutions Corp. (USA) (NASDAQ: SXCI) decreased $1.89 or $41.59 after it announced that it has commenced an underwritten public offering of 3,500,000 of its common shares. In connection with the offering, SXC will grant the underwriters a 30-day option to purchase up to an additional 525,000 of its common shares to cover over-allotments, if any.