Early Hour Notable Stock Movers (TASR, STP, GS, EXC)

TASER International, Inc. (NASDAQ:TASR) slid 5% to $5.32 with the stun-gun maker reporting a first-quarter net loss of $500,000, or 1 penny per share, while adjusted operating income climbed 49% to $1.6 million. Net sales for the quarter slipped 3% to arrive at $23.8 million.

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Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP)  jumped 2.36% to $14.31 after it scored a bullish brokerage note this morning, as Oppenheimer raised its rating on the shares from "underperform" to "perform," and hiked its price target from $10 to $17. In a note to clients, Oppenheimer explained that Suntech and its sector peer Yingli Green Energy (YGE) are the two solar companies best positioned to benefit from incremental cost reduction.

The Wall Street Journal, citing a person close to the situation, said Goldman Sachs Group, Inc. (NYSE:GS) director Rajat Gupta gave Raj Rajaratnam, head of the Galleon Group hedge fund, advance notice of the deal.

Exelon Corporation (NYSE:EXC) fell 1.30% to $43.09 after it said Friday its first-quarter net income increased to $749 million, or $1.13 a share, from $712 million, or $1.08 a share, in the year-ago period. Adjusted earnings fell to $1 a share, from $1.20 a share. Wall Street analysts expected earnings of 90 cents a share, according to a survey by FactSet Research. Adjusted operating revenue fell to $4.46 billion from $4.76 billion. The Chicago-based power firm raised the bottom end of its 2010 earnings target to $3.70 a share, from $3.60 a share, and kept the top end at $4.

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