9/12: Streetinsider.com's Unusual 11 Afternoon Movers
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9/12: Streetinsider.com's Unusual 11 Afternoon Movers:
Montpelier Re (NYSE: MRH) 17.89% LOWER; estimated that its net impact from Hurricane Katrina will be $450-$675 million.
Delta Air Lines (NYSE: DAL) 16.36% LOWER; the WSJ reported that the Company may file for bankruptcy this week.
Baidu.com (Nasdaq: BIDU) 14.94% HIGHER; sees continued momentum after Friday's move up.
GTECH (NYSE: GTK) 13.18% HIGHER; an unidentified third party expressed interest in acquiring the Company.
Siebel Systems (Nasdaq: SEBL) 12.81% HIGHER; Oracle Corp. (Nasdaq: ORCL) agreed to buy the Company for $10.66 per share.
Avanex (Nasdaq: AVNX) 11.49% HIGHER; Soleil reiterated a Buy rating and $4 price target on the stock, saying restructuring of its manufacturing operations is on track.
Genaera (Nasdaq: GENR) 10.69% LOWER; announced a $24.5 million equity offering.
Dycom (NYSE: DY) 9.07% HIGHER; To Commence a Modified "Dutch Auction" for 9.5M Shares
Eagle Bulk Shipping (Nasdaq: EGLE) 8.85% HIGHER; a Wall Street veteran highlighted the Company in a Barron's interview.
DOV Pharmaceutical (Nasdaq: DOVP) 8.32% HIGHER; announced positive results in its Phase III trial for Bicifadine.
WFS Financial (Nasdaq: WFSI) 7.86% HIGHER; Wachovia (NYSE: WB) will acquire Westcorp (NYSE: WES) and WFS Financial in a $3.91 billion stock transaction.
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