StreetInsider.com Unusual 11 Mid-Day Movers 02/27/2007

February 27, 2007 11:19 AM EST

Threshold Pharmaceuticals (Nasdaq: THLD) 56.7% LOWER; Company announced that a Phase 3 trial of glufosfamide did not show a statistically significant improvement in overall survival compared to best supportive care (BSC) in patients with metastatic pancreatic cancer who had relapsed after gemcitabine chemotherapy.

Vasogen Inc. (Nasdaq: VSGN) 21% HIGHER; Rodman & Renshaw initiate coverage on the stock with a Market Outperform.

Shuffle Master (NASDAQ: SHFL) 17.5% LOWER; Sees first quarter revenue of approximately $35.0 - $38.0 million, versus the consensus of $49.3 million.

RadioShack (NYSE: RSH) 14% HIGHER; Reports Q4 earnings of $0.62 per share, which may not compare to the consensus of $0.42. Revenues came in at $1.46 billion versus the consensus of $1.47 billion. Sees FY07 EPS of $1.00-$1.20, which may not compare to the consensus of $0.90.

CBRE Realty Finance (NYSE: CBF) 13% LOWER; Reports Q4 FFO of $0.19, 4 cents worse than estimates. For fiscal year 2007, the Company expects to generate AFFO per diluted share between $1.10 to $1.20 vs. consensus of $1.28.

AsiaInfo Holdings Inc. (Nasdaq: ASIA) 12.4% LOWER; Shares are lower after Asian markets got clobbered overnight on fears over the possible slowdown in the Chinese economy.

Syneron Medical Ltd. (Nasdaq: ELOS) 11% HIGHER; The company and Procter & Gamble (NYSE: PG) signed an exclusive joint development and supply agreement for the commercialization of patented, elos(TM) based, home-use devices and compositions for the enhancement of skin appearance through the treatment of fine lines, wrinkles, age and sun spots and cellulite.

Marvell Technology (Nasdaq: MRVL) 6.4% HIGHER; Reports Q4 revenues of $622.0 million vs. $624.61 million consensus. Net revenue for fiscal 2007 was $2,237.6 million, an increase of 34% over net revenue of $1,670.3 million in fiscal 2006.

Brocade Communications (Nasdaq: BRCD) 6.3% HIGHER; Reports Q1 GAAP EPS of $0.12, $0.17 ex-items, versus the consensus of $0.13. Revenues came in at $224.2 million versus the consensus of $214.8 million. To buyback an additional $200 million in stock.

Novastar Financial (NYSE: NFI) 6% HIGHER; Subprime lender rebounding slightly after losing approx. 50% market-cap in the past 5 trading sessions.

Questar Corporation (NYSE: STR) 3.4% HIGHER; The Company's subsidiary, Questar Exploration and Production Company, reports unusually strong performance of the Trail 13C- 15J well in the Vermillion Basin in southwest Wyoming.


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Stocks Mentioned

ASIA 25.10

+0.06 +0.24%
Volume: 1,791,657
Track ASIA

BRCD 7.04

-0.06 -0.85%
Volume: 25,512,397
Track BRCD

CBF 0.38

+0.00 +0.00%
Volume: 153,365
Track CBF

ELOS 10.12

+0.00 +0.00%
Volume: 129,737
Track ELOS

MRVL 18.06

+1.53 +9.26%
Volume: 27,745,183
Track MRVL

NFI 7.84

+0.56 +7.69%
Volume: 605,636
Track NFI

PG 62.60

+0.04 +0.06%
Volume: 11,299,969
Track PG

RSH 19.52

+0.69 +3.66%
Volume: 4,940,664
Track RSH

SHFL 7.93

+0.01 +0.13%
Volume: 872,277
Track SHFL

STR 40.01

-0.21 -0.52%
Volume: 1,423,231
Track STR

THLD 1.81

+0.04 +2.26%
Volume: 97,725
Track THLD

VSGN 0.26

+0.00 +0.00%
Volume: 22,733
Track VSGN


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