Transcept Pharmaceuticals (Nasdaq: TSPT) 48.7% LOWER; the stock is getting slammed this morning after the FDA asked for additional information on its New Drug Application for Intermezzo, which may require them to conduct one or more additional safety studies. Shares are down 45 percent. Click here for the full report.

Central Pacific Financial Corp. (NYSE: CPF) 36.2% LOWER; reports Q3 loss of $2.54, versus the analyst estimate of ($0.36).

Giga-tronics Incorporated (NASDAQ: GIGA) 35.2% HIGHER; reports Q3 non-GAAP EPS of $0.15, compared to $0.22 in the same quarter last year. Revenue for the quarter was $4.62 million,