Unusual 11 Mid-Day Movers 2/4: SGTL, CHNR, CPSL, GBX, GU Higher; DTG, PPCO, CHRS, CWTR Lower

February 4, 2008 1:06 PM EST

SigmaTel, Inc. (NASDAQ: SGTL) 59.2% HIGHER; The company and Freescale Semiconductor today announced that they have entered into a definitive agreement for Freescale to acquire SigmaTel. Under the terms of the agreement, Freescale will pay $3.00 cash per outstanding share of SigmaTel stock, or approximately $110 million in total.

Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) 35.4% LOWER; expects full year 2007 non-GAAP earnings per diluted share to be in the range of $0.90 to $0.95. Non-GAAP earnings per diluted share excludes the change in fair value of derivatives. These results are below the Company's prior guidance issued in early November of $1.75 to $1.85 of non-GAAP earnings per diluted share.

China Natural Resources (Nasdaq: CHNR) 26.6% HIGHER; is surging today with many other Chinese stocks. U.S. traded foreign stocks such as China Natural, China Precision Steel, and some Chinese solar stocks, such as Solarfun (Nasdaq: SOLF) saw extreme momentum and volatility several months ago, but have recently cooled off. Today, that volatility seems to be renewing itself as investors may have found another reason to play the momentum often tied to these stocks.

China Precision Steel (Nasdaq: CPSL) 25% HIGHER; U.S. traded Chinese stocks are feeling substantial momentum today. Shares of CPSL have already traded nearly 3 million times, versus its average daily volume of 892,000 shares.

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Penwest Pharmaceuticals (Nasdaq: PPCO) 25% LOWER; today announced that its lead candidate for a pain relief product, nalbuphine, failed to meaningfully reduce pain intensity in patients in a Phase IIa clinical study.

Greenbrier Companies (NYSE: GBX) 20.2% HIGHER; in 13D, Carl Icahn discloses 9.45% stake in the Company and disclosed that it is interested in discussing a possible combination with American Railcar.

Charming Shoppes (Nasdaq: CHRS) 18.3% LOWER; Thomas Weisel downgrades the Company from Overweight to Market-Weight. This weekend, on Saturday, a fatal shooting occurred at on of the Company's Lane Bryant stores.

American Railcar Industries (Nasdaq: ARII) 17% HIGHER; is seeing upside today on investor speculation that activist investor Carl Icahn could push the Company to merge with Greenbrier.

Coldwater Creek (Nasdaq: CWTR) 16.8% LOWER; Thomas Weisel downgrades the Company from Market-Weight to Underweight.

Gushan Environmental Energy Limited (NYSE: GU) 16.2% HIGHER; Jim Cramer highlights on Mad Money.

Virgin Mobile USA (NYSE: VM) 14.9% LOWER; today announced it expects to report a loss in its FY07 financial results, despite subscribers increasing over the year. Specifically, Virgin sees a full-year loss of $3 to $6 million and earnings from operations of $95 to $100 million.

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