Unusual 11 Mid-Day Movers 10/27: HPGP, CTDC, HLND, UCTT Higher; AMFI, CRI, SGMS, IBCP Lower

October 27, 2009 12:52 PM EDT

AMCORE Financial (NASDAQ: AMFI) 36.2% LOWER; reports Q3 loss of $6.81, versus the analyst estimate of ($0.96). Revenue for the quarter was $34.70 million, which compares to the estimate of $43.36 million.

Hiland Holdings (Nasdaq: HPGP) 31.7% HIGHER; last night Harold Hamm raised its merger offer to $3.20/share. More from the release.

China Technology Development Group Corporation (Nasdaq: CTDC) 29.2% HIGHER; announced that the Company has entered into a Stock Purchase Agreement with China Technology Solar Power Holdings Limited and its direct and indirect shareholders to acquire a 51% equity interest and become the major shareholder of CTSPHL Group. Click here for the full report.

Carter's (NYSE: CRI) 26.8% LOWER; delayed the filing of its Q3 results.

Hiland Partners (Nasdaq: HLND) 25.8% HIGHER; Harold Ham raised its merger offer to $10/share.

Scientific Games Corporation (NASDAQ: SGMS) 21.8% LOWER; reports Q3 EPS of $0.24, ex-items, 6 cents better than the analyst estimate of $0.18. Revenue for the quarter was $239.1 million, which compares to the estimate of $237.88 million. The stock was also downgraded to Market Perform at William Blair.

Ultra Clean Holdings, Inc. (NASDAQ: UCTT) 21.5% HIGHER; reports Q3 loss of $0.07, 12 cents better than the analyst estimate of ($0.19). Revenue for the quarter was $41.3 million, which compares to the estimate of $33.20 million.

Insulet Corporation (NASDAQ: PODD) 19.4% HIGHER; reports a Q3 loss of $0.88, 18 cents worse than the analyst estimate of ($0.70). Revenue for the quarter was $18.7 million, which compares to the estimate of $16.76 million. The Company is updating full year 2009 revenue guidance and now expects revenue for the full year 2009 to be in the range of $64 to $66 million, compared to previous guidance of $58 to $65 million. (Consensus is $62.49M) The Company is also updating full year 2009 operating loss guidance and now expects an operating loss in the range of $58 to $60 million for the full year 2009, compared to previous guidance of $55 to $60 million. The stock was also upgraded to Outperform at William Blair.

Patriot Coal Corporation (NYSE: PCX) 18.3% HIGHER; reports Q3 EPS of $0.58, versus the analyst estimate of ($0.47). Revenue for the quarter was $493.15 million, which compares to the estimate of $506.20 billion.

Independent Bank Corporation (NASDAQ: IBCP) 18.1% LOWER; reports Q3 EPS of $0.74, 61 cents worse than the analyst estimate of ($0.13).

PrivateBancorp, Inc. (NASDAQ: PVTB) 15.7% LOWER; yesterday morning reported a Q3 loss of $0.68, versus the analyst estimate of $0.08. Interest income for the quarter was $125.69 million, versus $109.81 million for the same quarter 2008. Also announced a $175 million common stock offering. The stock fell nearly 37% today and is continuing lower today.

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

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