[R]11:35AM New York – ExlServices Teekay Corporation and Given Imaging fell after the release of earnings.[/R]

Blackboard Inc, educational software company said second quarter revenues rose 27% to $75.5 million from $59.4 million a year ago. Net income in the quarter fell 71% to $1 million or 3 cents per diluted share compared to net income of $3.4 million or 12 cents per share, a year ago.

Blackboard Inc (BBBB: chart) in the last one year traded as high as $49.90 in October 2007 and as low as $26.83 in March 2008. Based on the yesterday’s closing price the company has a market cap of $1.23 billion.

Eagle Bulk Shipping Inc primarily engaged in the ocean transportation said second quarter revenues rose 31% to $37.2 million from $28.4 million a year ago. Net income in the quarter increased 25% to $14.9 million or 32 cents per diluted share compared to net income of $11.9 million or 29 cents per share, a year ago.

Eagle Bulk Shipping Inc (EGLE: chart) in the last one year traded as high as $36.24 in October 2007 and as low as $17.50 in January 2008. Based on the yesterday’s closing price the company has a market cap of $1.29 billion.

ExlService Holdings, Inc, a provider of outsourcing and transformation services said second quarter revenues increased 25.1% to $53.8 million from $43.0 million a year ago. Net income in the quarter fell 6% to $5.3 million or 18 cents per diluted share compared to net income of $5.6 million or 19 cents per share, a year ago.

ExlService Holdings, Inc (EXLS: chart) in the last one year traded as high as $28.96 in November 2007 and as low as $13.87 in June 2008. Based on the yesterday’s closing price the company has a market cap of $470.53 million.

Given Imaging Ltd, the gastrointestinal diagnosis products maker said second quarter revenues rose 19% to $33.1 million from $27.8 million a year ago. Net income in the quarter was $2.9 million or 9 cents per diluted share compared to net income of $623,000 or 2 cents per share, a year ago.

Given Imaging Ltd (GIVN: chart) in the last one year traded as high as $30.79 in October 2007 and as low as $12.88 in February 2008. Based on the yesterday’s closing price the company has a market cap of $417.44 million.

Teekay Corporation, a petroleum product transportation services provider said second quarter revenues rose 26.19% to $599.7 million from $442.6 million a year ago. Net income in the quarter rose 25% to $104.5 million or $1.43 per diluted share compared to net income of $78.4 million or $1.04 per share, a year ago.

Teekay Corporation (TK: chart) in the last one year traded as high as $62.61 in September 2007 and as low as $36.05 in March 2008. Based on the yesterday’s closing price the company has a market cap of $3.02 billion.