Largest $ Movers of Note - StreetInsider.com - 05/15/2007
Up)
UPWARD MOVERS:
Winn-Dixie Stores (Nasdaq: WINN) +$7.49; Reports Q3 EPS of $0.33. WINN reports Q3 revenues of $1.68 billion compared to $1.66 billion for the same period last year. Identical store sales rose by 1.6% for the 12 week period and increased by 1.7% for the 40 week period.
Hanson plc (NYSE: HAN) +$5.33; HeidelbergCement announces it will acquire Hanson for $8 billion pounds (approx. $16 billion US).
ALTANA AG (NYSE: AAA) +$4.68; Company to pay out EUR 33.00 special dividend resulting from the sale of ALTANA Pharma to Nycomed. ALTANA AG will now concentrate on its specialty chemicals business.
Ingersoll-Rand Co. Ltd. (NYSE: IR) +$3.46; Initiated a process to explore strategic alternatives for its Bobcat and construction-related businesses, including the Utility Equipment and Attachments businesses. In addition, the company's board of directors yesterday approved the expansion of its share-repurchase authorization, originally announced in December 2006, from $2 billion to $4 billion.
Reuters Group Plc (Nasdaq: RTRSY) +$2.55; Agrees to $17.2B takeover offer from Thomson Corp (NYSE: TOC)
DOWNWARD MOVERS:
Terra Nitrogen Co. LP (Nasdaq: TNH) -$7.65; Stock selling off after jumping over 35% since April 30th, 2007.
Kreisler Manufacturing Corporation (Nasdaq: KRSL) -$3.60; Reports Q3 EPS of $0.16 compared to $0.24 for the same period last year. Revenues were $6.25 million compared to $5.4 million for the same period last year.
Kaiser Aluminum Corporation (NASDAQ: KALU) -$3.44; Reports Q1 EPS of $0.85, 22 cents worse than estimates. Net sales for the first quarter of 2007 increased 17 percent to $392 million, compared to $336 million for the first quarter of 2006. (Consensus is $382.86 million)
Biosite Incorporated (Nasdaq: BSTE) -$3.00; Beckman Coulter (NYSE: DEC) decides against raising bid above $90 per share to acquire Biosite.
Fortress Investment Group LLC (NYSE: FIG) +$1.53; Reports a Q1 loss of $0.87. Revenues were $416 million ($368.83 million pro-forma) compared to $370.31 million for the same period last year.
Winn-Dixie Stores (Nasdaq: WINN) +$7.49; Reports Q3 EPS of $0.33. WINN reports Q3 revenues of $1.68 billion compared to $1.66 billion for the same period last year. Identical store sales rose by 1.6% for the 12 week period and increased by 1.7% for the 40 week period.
Hanson plc (NYSE: HAN) +$5.33; HeidelbergCement announces it will acquire Hanson for $8 billion pounds (approx. $16 billion US).
ALTANA AG (NYSE: AAA) +$4.68; Company to pay out EUR 33.00 special dividend resulting from the sale of ALTANA Pharma to Nycomed. ALTANA AG will now concentrate on its specialty chemicals business.
Ingersoll-Rand Co. Ltd. (NYSE: IR) +$3.46; Initiated a process to explore strategic alternatives for its Bobcat and construction-related businesses, including the Utility Equipment and Attachments businesses. In addition, the company's board of directors yesterday approved the expansion of its share-repurchase authorization, originally announced in December 2006, from $2 billion to $4 billion.
Reuters Group Plc (Nasdaq: RTRSY) +$2.55; Agrees to $17.2B takeover offer from Thomson Corp (NYSE: TOC)
DOWNWARD MOVERS:
Terra Nitrogen Co. LP (Nasdaq: TNH) -$7.65; Stock selling off after jumping over 35% since April 30th, 2007.
Kreisler Manufacturing Corporation (Nasdaq: KRSL) -$3.60; Reports Q3 EPS of $0.16 compared to $0.24 for the same period last year. Revenues were $6.25 million compared to $5.4 million for the same period last year.
Kaiser Aluminum Corporation (NASDAQ: KALU) -$3.44; Reports Q1 EPS of $0.85, 22 cents worse than estimates. Net sales for the first quarter of 2007 increased 17 percent to $392 million, compared to $336 million for the first quarter of 2006. (Consensus is $382.86 million)
Biosite Incorporated (Nasdaq: BSTE) -$3.00; Beckman Coulter (NYSE: DEC) decides against raising bid above $90 per share to acquire Biosite.
Fortress Investment Group LLC (NYSE: FIG) +$1.53; Reports a Q1 loss of $0.87. Revenues were $416 million ($368.83 million pro-forma) compared to $370.31 million for the same period last year.
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