Thursday's Late Winners & Losers

Chordiant Software (CHRD Quote) ranked among the winners in a generally upward-trending after-hours session Thursday.

Chordiant shares leapt nearly 16% after the software developer inked a contract worth some $26.5 million (a "record" 18.1 million euros), based on recent conversion rates, to "provide perpetual enterprise licenses and support" to an unnamed "leading telecommunications company." The agreement, which covers up to eighteen of the telecom firm's group companies or subsidiaries across four continents, will likely generate future orders or minimum payments for Chordiant through April 2009.

The Cupertino, Calif., company also projected below-par current-quarter results while reaffirming its fiscal 2008 guidance ranges, which cover the average analyst estimates on both top and bottom lines, per Thomson Financial. Chordiant shares were rising $1.28 to $9.40.

Elsewhere, Alexza Pharmaceuticals (ALXA Quote) announced that Endo Pharmaceuticals (ENDP Quote) will pay it $10 million up front under a license-and-development partnership covering AZ-003, a pain-treatment device that's currently in early-phase development. ...