Unusual 11 Mid-Day Movers 3/4: RSO, LZR, GLS, TBSI Higher; DISK, FXP, ERY, GE Lower

March 4, 2009 11:27 AM EST

Resource Capital Corp. (NYSE: RSO) 40% HIGHER; reports Q4 adj-EPS of $0.44, versus $0.43 in the same quarter last year.

Emergent Group Inc. (NYSE: LZR) 35.1% HIGHER; reports Q4 non-GAAP EPS of $0.14, a 75% increase compared to the same quarter last year. Revenues for the quarter were $7 million, versus $4.45 million in Q407.

Genesis Lease (NYSE: GLS) 27.9% HIGHER; reports Q4 EPS of $0.30, 7 cents better than the analyst estimate of $0.23. Revenues for the quarter were $58.9 million, versus the consensus of $55.1 million.

Image Entertainment, Inc. (NASDAQ: DISK) 25.4% LOWER; announced that it has notified Nyx Acquisitions, Inc. that it has elected to terminate the agreement and plan of merger, dated November 20, 2008, due to Nyx's failure to pay an additional $500,000 to Image under the terms of the amended merger agreement. Click here for the full report.

TBS International (Nasdaq: TBSI) 23.4% HIGHER; the drybulk shipping sector is outperforming today as the Dry Bulk Index is surging today, currently up more than 50 points.

DryShips (Nasdaq: DRYS) 23.3% HIGHER; see TBSI.

Celanese (NYSE: CE) 23% HIGHER; Goldman Sachs upgraded the stock from Neutral to Buy and added the stock to its Conviction Buy List. Moves like this after being added to the Goldman Buy list are not uncommon. To see all the additions to the list in real-time visit StreetInsider.com's entity on Goldman Sach's Conviction Buy List.

ProShares UltraShort FTSE/Xinhua China 25 (NYSE: FXP) 17.3% LOWER; with Asian, European markets rallying during their trading sessions today, this short fund is sliding.

Energy Bear 3x (NYSE: ERY) 13.8% LOWER; the commodities complex is moving substantially higher today with oil prices surging.

General Electric (NYSE: GE) 8.7% LOWER; the stock is in free-fall since cutting its dividend on Friday. Even numerous insider buys at GE yesterday and Monday cannot boost the stock. The stock broke below the $6 level today, but soon after GE released a statement saying speculation that GE could need to raise capital soon is inaccurate, and the stock bounced off session lows.

ManTech (Nasdaq: MENT) 8.5% LOWER; shares are tumbling today on news that the company's President will be leaving the company and also a downgrade at Jesup & Lamont.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.

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• Goldman Sachs Conviction Buy List
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