Pre-Market Losers (APOL, SAP, ILMN, SPW, FISV)

Apollo Group (Nasdaq: APOL) is trading down 15% to $61.85. Apollo is trading down after reporting disappointing results and after APOL announced a SEC investigation.

SAP AG (NYSE: SAP) is down 7.75% to $47.21 after lackluster earnings and revenue.

Illumina (Nasdaq: ILMN) down 17% to $34.50 after its outlook did not meet the analyst view. Illumina will be volatile today.

SPX Corporation (NSYE:SPW) is down 4.5%. SPX Co lowered guidance for FY09, sees EPS of $3.80-4.00 vs $3.96 consensus, down from $4.00-4.30 previously.

Fiserv, Inc. (Nasdaq: FISV) down 4%. Fiserv issued in-line guidance for FY09, sees EPS of $3.63-$3.68 vs $3.67 consensus.