Largest $ Movers of Note - StreetInsider.com - 08/22/07

August 22, 2007 1:39 PM EDT

UPWARD MOVERS:
Rio Tinto (NYSE: RTP) +$16.36; Stock moving higher on recent headlines - Rio Tinto: Alcan (NYSE: AL) Loan To Be Finalized Next Week, Rio Tinto: Planned To Raise US$40B Of Debt, Alcan Loan Oversubscribed - Dow Jones. Also, the Steel & Iron sector/industry is up 4.92% today.

Blue Coat (Nasdaq: BCSI) +$13.00; Reports Q1 earnings of $0.43 per share, 8 cents better than estimates. Revenues came in at $62.4 million versus the consensus of $58.8 million. Sees Q2 EPS of $0.43-$0.50, ex-items, versus the consensus of $0.36. Sees Q2 revenues of $67-$70 million versus the consensus of $61.65 million.

MGM Mirage (NYSE: MGM) +$6.33; Dubai World agreed to pay $5 billion for a 9.5% stake in MGM Mirage (NYSE: MGM). Under the deal, Dubai will pay $2.7 billion to acquire its stake in the CityCenter development and will buy 14 million shares from MGM at a prices of $84 per share. Dubai also indicated it could acquire another 14 million shares from shareholders.

Google (Nasdaq: GOOG) +$6.23; Company is preparing to roll out its first attempt at selling ads within (YouTube) videos. Reports say ads will show up at the bottom (20%) of the video screen and appear 15 seconds after the video starts. The ad will be displayed for 10 seconds.

SunPower Corporation (Nasdaq: SPWR) +$4.29; Reiterated its guidance for 2008. Supporting that guidance, SunPower expects to have silicon sufficient to generate 250 megawatts or more of solar cell production in 2008. SunPower buys silicon using a portfolio strategy that combines polysilicon, ingot and wafer procurement from a variety of suppliers under a variety of contract terms and durations.


DOWNWARD MOVERS:
Tween Brands, Inc. (NYSE: TWB) -$10.33; Reports Q2 EPS of $0.07 vs. consensus of $0.15. Revenues were $213.7 million vs. $211.87 million consensus. The company also lowered its outlook. As a result of Tween Brands\' lower second quarter earnings and revised outlook on the third and fourth quarters, the company expects full-year earnings per diluted share of $1.80 to $1.95 compared to its previous guidance of $2.10 to $2.25. (Consensus is $2.23). Separately, Wachovia downgrades Tween Brands to Market Perform.

SXC Health Solutions (NASDAQ: SXCI) -$3.00; Company has been notified that due to an apparent deficiency in the Company\'s submission to the request for proposal of a potential four-year $27.3 million contract, a competitor\'s protest has been upheld, and the \'Notice of Intent to Award\' ("NOIA") originally granted to SXC, has been rescinded. As disclosed in SXC\'s press release of June 20, 2007, no assurances were given at the time of the NOIA as to when, if at all, a contract would be awarded to the Company.

Capital One Financial Corp. (NYSE: COF) -$2.10; Stock giving back recent gains after the announcement the company would cease operations at its wholesale mortgage banking unit.

Abercrombie & Fitch Co. (NYSE: ANF) -$1.80; Stock may be collateral damage from Tween Brands poor earnings/guidance. ANF is reporting Q2 earnings after the close today.

Eclipsys (Nasdaq: ECLP) -1.17; Merrill Lynch initiates coverage on Eclipsys with a Neutral rating.

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