Special Reports

Morning Movers 02/10: (CIE) (RPXC) (ALU) (IPSU) Higher; (AMRS) (TRLG) (XIDE) Lower Feb 10, 2012 11:18AM

Cobalt International Energy, Inc. (NYSE: CIE) 43% HIGHER; provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. Click here to see the full report. The stock was upgraded at Howard Weil earlier.

Amyris (Nasdaq: AMRS) 27.4% LOWER; management held a business update call where management removed 2012 guidance, pushed out construction plans and announced a capital raise. The stock was downgraded by Morgan Stanley and Deutsche Bank this morning.

True Religion Apparel, Inc. (NASDAQ: TRLG) 23.9% LOWER; reported Q4 EPS of $0.57, $0.14 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $119.4 million versus the consensus estimate of $128.9 million. Sees FY2012 EPS of $1.88-$1.95, versus the consensus of $2.37. Sees FY2012 revenue of $450-$460 million, versus the consensus of $494 million. The stock was downgraded by Brean Murray, Caris and Benchmark.

Exide Technologies (NASDAQ: XIDE) 21% LOWER; reported Q3 EPS of $0.84, compared to $0.34 reported last year. Revenue for the quarter came in at $784.1 million versus the consensus estimate of $846.97 million.

Amtech Systems (NASDAQ: ASYS) 19.5% LOWER; reported Q1 EPS of ($0.09), $0.15 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $22.12 million.

RPX Corp. (Nasdaq: RPXC) 15% HIGHER; Alcatel-Lucent announced a licensing syndicate for its patents.

Alcatel-Lucent (NYSE: ALU) 14.7% HIGHER; reported Q4 adjusted EPS of $0.25, $0.14 better than the analyst estimate of $0.11.

Imperial Sugar (Nasdaq: IPSU) 14% HIGHER; continuing higher following an 80 percent surge yesterday on the heels of strong Q1 results.

WNS Holdings (NYSE: WNS) 13.7% HIGHER; priced an upsized offering of 10.65 million ADSs at $9.25 per ADS.

Nuance Communications, Inc. (NASDAQ: NUAN) 13.3% LOWER; reported Q1 EPS of $0.34, $0.02 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $382 million versus the consensus estimate of $391.55 million. Sees Q2 adj-EPS of 36-40 cents on sales of $395-$415 million. The Street is currently looking for quarterly earnings of 38 cents per share on sales of $404.46 million. Affirms FY12 EPS outlook of $1.55-$1.62. Sees sales of $1.66-$1.71 billion, which compares to the Street estimate of $1.68 billion.

ValueVision Media, Inc. (NASDAQ: VVTV) 12.8% LOWER; announced it has secured a $40 million, lower-cost revolving credit facility with PNC Bank, National Association. Sees Q4 sales of about $148 million, which compares to the Street estimate of about $170 million. Sees FY11 sales of about $558 million.

Linkedin (NYSE: LNKD) 11.7% HIGHER; reported Q4 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $167.7 million versus the consensus estimate of $159.72 million. Sees Q1 2012 revenue of $170-$175 million, versus the consensus of $170.8 million. Sees FY2012 revenue of $840-$860 million, versus the consensus of $828 million.

Overseas Shipholding (NYSE: OSG) 11.7% LOWER; suspends dividend, citing market conditions.

Move (NASDAQ: MOVE) 10.8% HIGHER; reported Q4 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $47.27 million versus the consensus estimate of $47.27 million. Move sees Q4 2012 revenue of $47.5 million. Sees FY2012 revenue of $195-$200 million, versus the consensus of $197.99 million.

USEC (NYSE: USU) 10.6% LOWER; pushing below the 200-day smooth moving average today.

Monolithic Power Systems (NASDAQ: MPWR) 9.5% HIGHER; reported Q4 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $47.5 million versus the consensus estimate of $46.44 million.

Notable Analyst Rating Changes 02/10: (COP) (JDSU) (ATVI) Upgraded; (ORLY) (XCO) (AKS) Downgraded Feb 10, 2012 11:17AM

UPGRADES
Deutsche Bank upgrades ConocoPhillips (NYSE: COP) to Buy with a price target of $90. Click Here for more color.

Credit Suisse lifts JDS Uniphase (Nasdaq: JDSU) from Neutral to Outperform, boosting its price target from $13 to $17.

Goldman Sachs adds Activision Blizzard (Nasdaq: ATVI) to its Conviction Buy List with a price target of $16. Click Here for more color.

Pritchard Capital lifts Hercules Offshore (Nasdaq: HERO) from Neutral to Buy, its price target raised from $3 to $7.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
O'Reilly Automotive (Nasdaq: ORLY) lowered by two firms:

• Baird from Outperform to Neutral, raising its price target from $72 to $88; and
  
  
• Deutsche Bank from Buy to Hold with a price target of $91. Click Here for more color.

Baird reduced EXCO Resources (NYSE: XCO) from Outperform to Neutral, lowering its price target $13 to $8.

Citi cuts AK Steel (NYSE: AKS) from Buy to Neutral and reduces its price target from $12 to $9.

Collins Stewart downgrades First Solar (Nasdaq: FSLR) from Buy to Hold with a price target maintained at $40. Click Here for more color.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
BofA/Merrill Lynch reinstates LSI Corporation (NYSE: LSI) at Buy and $10 price target.

Goldman Sachs resumes Symantec (Nasdq: SYMC) with a Neutral rating and $19 price target. Click Here for more color.

Gilead Sciences (Nasdaq: GILD) initiated by two today:

• Morgan Stanley with a Overweight and price target of $55; and
  
  
• Barclays also at Overweight rating and $67 price target.

Barclays assumes Idenix Pharmaceuticals (Nasdaq: IDIX) with an Equalweight, price target of $10.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

Visit our new Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.

Notable Stocks Trading Ex-Dividend Monday 02/13: (STX) (LLY) (IP) (EXC) (DD) Feb 10, 2012 10:57AM

The following is a list of companies trading ex-dividend Monday, February 13th, which produce some of the best yields on the Street:

• Seagate Technology. (Nasdaq: STX), paying 25 cents with a current yield of 3.9%;
  
  
• Eli Lilly and Co. (NYSE: LLY), paying 49 cents with a current yield of 5.0%;
  
  
• Exelon Corp. (NYSE: EXC), paying 52.5 cents with a current yield of 5.3%;
  
  
• International Paper Co. (NYSE: IP), paying 26.25 cents with a current yield of 3.4%; and
  
  
• E.I. du Pont de Nemours (NYSE: DD), paying 41 cents with a current yield of 3.2%.

For a complete list of stocks trading ex-dividend, click here. For a comprehensive list of dividends, go to Streetinsider's Dividend Insider.

Pre-Open Movers 2/10: (CIE) (ALU) (LNKD) Higher; (AMRS) (GDI) (LF) Lower (more...) Feb 10, 2012 09:31AM

Below are stocks making major moves in pre-open trading Friday:

HIGHER:
Cobalt International Energy, In (NYSE: CIE) 39% HIGHER; strong well results
Alcatel-Lucent (NYSE: ALU) 15% HIGHER; Rips Following Solid Q4 EPS Number
Linkedin (NYSE: LNKD) 8% HIGHER; tops Q4 views
Sierra Wireless (NASDAQ: SWIR) 7% HIGHER; Q4 results, guidance
ViewPoint Financial Group, Inc (NASDAQ: VPFG) 6% HIGHER; added to S&P SmallCap 600 index
Brooks Automation, Inc. (NASDAQ: BRKS) 5% HIGHER; tops Q1 views
NXP Semiconductors N.V. (NASDAQ: NXPI) 5% HIGHER; Q4 results
Cincinnati Bell, Inc. (NYSE: CBB) 4% HIGHER; Q4 results
Akorn, Inc. (NASDAQ: AKRX) 3% HIGHER; added to S&P SmallCap 600 index
CBOE Holdings, Inc. (NASDAQ: CBOE) 3% HIGHER; added to S&P MidCap 400 index

LOWER:
NeurogesX (Nasdaq: NGSX) 35% LOWER; FDA panel did not recommend approval
GSV Capital Corp (Nasdaq:GSVC) 22% LOWER; stock offering
True Religion Apparel, Inc. (NASDAQ: TRLG) 21% LOWER; misses Q4 views, guides lower
Exide Technologies (NASDAQ: XIDE) 19% LOWER; Q3 results
Amyris, Inc. (NASDAQ: AMRS) 12% LOWER; Mgmt Removed Guidance, Pushes Out Construction Plans
Nuance Communications, Inc. (NASDAQ: NUAN) 12% LOWER; misses Q1 views
Amtech Systems (NASDAQ: ASYS) 10% LOWER; Q1 results
Overseas Shipholding (NYSE: OSG) 9% LOWER; suspends dividend, citing market conditions.
Unilife Corporation (NASDAQ: UNIS) 8% LOWER; Q2 results
Gardner Denver, Inc. (NYSE: GDI) 7% LOWER; misses Q4
LeapFrog Enterprises Inc. (NYSE: LF) 6% LOWER; Q4 results
Expedia (NASDAQ: EXPE) 5% LOWER; Q4 results
Lions Gate Ent. (NYSE: LGF) 4% LOWER; Q3 results
Stamps.com, Inc. (NASDAQ: STMP) 2% LOWER; Q4 results
NCR Corporation (NYSE: NCR) 2% LOWER; downgraded

After-Hours Movers 02/09: (SWIR) (LNKD) (UEPS) Higher; (NGSX) (XIDE) (TRLG) (NUAN) Lower Feb 9, 2012 06:46PM

NeurogesX (Nasdaq: NGSX) 25% LOWER; today announced that the Anesthetic and Analgesic Drug Products Advisory Committee (AADPAC) to the U.S. FDA did not recommend FDA approval of a new indication for Qutenza® (Capsaicin) 8% patch for the management of neuropathic pain (nerve pain) related to HIV associated peripheral neuropathy (HIV-PN).

Exide Technologies (NASDAQ: XIDE) 22% LOWER; reported Q3 EPS of $0.84, compared to $0.34 reported last year. Revenue for the quarter came in at $784.1 million versus the consensus estimate of $846.97 million.

True Religion Apparel, Inc. (NASDAQ: TRLG) 21.7% LOWER; reported Q4 EPS of $0.57, $0.14 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $119.4 million versus the consensus estimate of $128.9 million. Sees FY2012 EPS of $1.88-$1.95, versus the consensus of $2.37. Sees FY2012 revenue of $450-$460 million, versus the consensus of $494 million.

Sierra Wireless (NASDAQ: SWIR) 11.2% HIGHER; reported Q4 EPS of $0.08, in-line with the analyst estimate of $0.08. Revenue for the quarter came in at $147.2 million versus the consensus estimate of $147.81 million. Sees Q1 2012 EPS of $0.06-$0.10, versus the consensus of $0.02. Sees Q1 2012 revenue of $143-$148 million, versus the consensus of $142.9 million.

Nuance Communications, Inc. (NASDAQ: NUAN) 9.9% LOWER; reported Q1 EPS of $0.34, $0.02 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $382 million versus the consensus estimate of $391.55 million. Sees Q2 adj-EPS of 36-40 cents on sales of $395-$415 million. The Street is currently looking for quarterly earnings of 38 cents per share on sales of $404.46 million. Affirms FY12 EPS outlook of $1.55-$1.62. Sees sales of $1.66-$1.71 billion, which compares to the Street estimate of $1.68 billion.

Thermogenesis Corp. (NASDAQ: KOOL) 8.7% LOWER; reported Q2 EPS of ($0.08), versus ($0.03) reported last year. Revenue for the quarter came in at $4.8 million, versus $5.9 million reported last year.

Linkedin (NYSE: LNKD) 8.2% HIGHER; reported Q4 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $167.7 million versus the consensus estimate of $159.72 million. Sees Q1 2012 revenue of $170-$175 million, versus the consensus of $170.8 million. Sees FY2012 revenue of $840-$860 million, versus the consensus of $828 million.

Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) 8% HIGHER; reported Q2 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $92.06 million versus the consensus estimate of $95.79 million.

Overseas Shipholding (NYSE: OSG) 8% LOWER; suspends dividend, citing market conditions.

Capstone Turbine Corp (NASDAQ: CPST) 7.3% LOWER; reported Q3 EPS of ($0.03), $0.01 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $27.5 million versus the consensus estimate of $29.39 million.

Gardner Denver, Inc. (NYSE: GDI) 7.2% LOWER; reported Q4 EPS of $1.52, $0.01 worse than the analyst estimate of $1.53. Revenue for the quarter came in at $613.7 million versus the consensus estimate of $629.59 million.

Kona Grill, Inc. (NASDAQ: KONA) 7% HIGHER; reported Q4 EPS of $0.12, $0.11 better than the analyst estimate of $0.01. Revenue for the quarter came in at $23.1 million versus the consensus estimate of $22.2 million. Comps up 7.8%.

Theravance, Inc. (NASDAQ: THRX) 7% LOWER; reported Q4 EPS of ($0.45), $0.06 worse than the analyst estimate of ($0.39). Revenue for the quarter came in at $5.4 million versus the consensus estimate of $6.87 million.

Amtech Systems (NASDAQ: ASYS) 6.7% LOWER; reported Q1 EPS of ($0.09), $0.15 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $22.12 million.

LeapFrog Enterprises Inc. (NYSE: LF) 6.6% LOWER; reported Q4 EPS of $0.49, $0.07 better than the analyst estimate of $0.42. Revenue for the quarter came in at $210 million versus the consensus estimate of $202.32 million. Sees Q1 loss of 26-30 cents per share, vs. consensus estimate of cents per share loss. Sees sales up 20-30 percent. Sees FY12 EPS 40-50c, which compares to the Street estimate of 43c. Sees FY12 sales up 6-8 percent.

Brooks Automation, Inc. (NASDAQ: BRKS) 6.3% HIGHER; reported Q1 adjusted EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $120.2 million versus the consensus estimate of $121.55 million.

NXP Semiconductors N.V. (NASDAQ: NXPI) 5.5% HIGHER; reported Q4 EPS of $0.24, versus $0.37 reported last year. Revenue for the quarter came in at $1.08 billion, versus $931 million reported last year. Sees Q1 2012 EPS of $0.10-$0.24. NXP Semiconductors N.V. sees Q1 2012 revenue of $927-$984 million.

ViewPoint Financial Group, Inc (NASDAQ: VPFG) 5.3% HIGHER; will replace SonoSite, Inc. (NASDAQ: SONO) in the S&P SmallCap 600 index

Expedia (NASDAQ: EXPE) 5% LOWER; reported Q4 EPS of $0.58, $0.04 better than the analyst estimate of $0.54. Revenue for the quarter came in at $816.6 million versus the consensus estimate of $812.66 million.

Lions Gate Ent. (NYSE: LGF) 4.6% LOWER; reported Q3 EPS of ($0.01), $0.10 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $323 million versus the consensus estimate of $363.48 million.

Cincinnati Bell, Inc. (NYSE: CBB) 4.5% HIGHER; reported Q4 EPS of ($0.17), versus ($0.11) reported last year. Revenue for the quarter came in at $365 million versus the consensus estimate of $369.99 million. Exploring alternatives for data center unit.

InterMune, Inc. (NASDAQ: ITMN) 4.5 LOWER; reported Q4 EPS of ($0.69), $0.02 better than the analyst estimate of ($0.71). Revenue for the quarter came in at $7.81 million versus the consensus estimate of $7.88 million.

Akorn, Inc. (NASDAQ: AKRX) 4.4% HIGHER; will replace Blue Coat Systems, Inc. (NASDAQ: BCSI) in the S&P SmallCap 600 index.

Amkor Technology, Inc. (NASDAQ: AMKR) 4.2% LOWER; reported Q4 EPS of $0.11, $0.04 better than the analyst estimate of $0.07. Revenue for the quarter came in at $684 million versus the consensus estimate of $686.36 million. Sees FY2012 EPS of $-0.03-$0.09, versus the consensus of $0.07. Amkor Technology, Inc. sees FY2012 revenue of $615-$665 million, versus the consensus of $649.5 million.

CBOE Holdings, Inc. (NASDAQ: CBOE) 3.7% HIGHER; will replace Temple-Inland, Inc. (NYSE: TIN) in the S&P MidCap 400 index.

PharMerica (NYSE: PMC) 3% HIGHER; reported Q4 EPS of $0.27, $0.06 better than the analyst estimate of $0.21. Revenue for the quarter came in at $495.6 million versus the consensus estimate of $504.17 million.

Stamps.com, Inc. (NASDAQ: STMP) 3% LOWER; reported Q4 EPS of $0.35, $0.10 better than the analyst estimate of $0.25. Revenue for the quarter came in at $27.2 million versus the consensus estimate of $26.62 million. Stamps.com, Inc. sees FY2012 EPS of $1.25-$1.45, versus the consensus of $1.33. Stamps.com, Inc. sees FY2012 revenue of $105-$115 million, versus the consensus of $111.7 million.