Morning Movers 01/23: (MFN) (YRCW) (SCHS) (CTIC) Higher; (TWIN) (ALXA) (MLNX) Lower
Up)
Minefinders (AMEX: MFN) 24.2% HIGHER; Pan American (Nasdaq: PAAS) confirms offer to acquire Minefinders at C$15.60 per share, or about C$1.5 billion. The deal is made up of 0.6235 shares or all cash.
YRC Worldwide (Nasdaq: YRCW) 19.9% HIGHER; retaking the $12 level on very heavy volume.
Twin Disc, Incorporated (NASDAQ: TWIN) 18% LOWER; reported Q2 EPS of $0.51, $0.25 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $82.94 million versus the consensus estimate of $89.88 million.
School Specialty (Nasdaq: SCHS) 17% HIGHER; back over the $3 level following a 20 percent rise on Friday of last week.
Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) 13.8% LOWER; announced today that the U.S. FDA will require additional time to complete its review of the New Drug Application (NDA) for ADASUVE™ (Staccato® loxapine). In a notice received from the FDA, the Prescription Drug User Fee Act date for the ADASUVE NDA has been extended from February 4, 2012 to May 4, 2012.
Cell Therapeutics (Nasdaq: CTIC) 13% HIGHER; continuing to hold over the 200-day moving average this week. Shares were up nearly 15 percent on Friday.
Peregrine Pharma (Nasdaq: PPHM) 12.9% HIGHER; breaking away from the 200-day moving average after trading very tightly to this technical indicator for about two weeks.
Petmed Express, Inc. (NASDAQ: PETS) 12.8% HIGHER; reported Q3 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $50.5 million versus the consensus estimate of $44.75 million.
Lee Enterprises (NYSE: LEE) 12.4% HIGHER; continuing higher this week following a more than 16 percent rise last week. Shares are over $1 today.
Zhone Technologies (Nasdaq: ZHNE) 10.8% HIGHER; trading over $1 for the first time since mid October.
Patriot Coal (NYSE: PCX) 10% HIGHER; bouncing today following a 19 percent decline over the last two weeks.
Mellanox Technologies (Nasdaq: MLNX) 9.4% LOWER; is seeing some early pressure following news that Intel (Nasdaq: INTC) bought InfiniBand assets from Qlogic (Nasdaq: QLGC). This is seen as competitive for MLNX.
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YRC Worldwide (Nasdaq: YRCW) 19.9% HIGHER; retaking the $12 level on very heavy volume.
Twin Disc, Incorporated (NASDAQ: TWIN) 18% LOWER; reported Q2 EPS of $0.51, $0.25 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $82.94 million versus the consensus estimate of $89.88 million.
School Specialty (Nasdaq: SCHS) 17% HIGHER; back over the $3 level following a 20 percent rise on Friday of last week.
Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) 13.8% LOWER; announced today that the U.S. FDA will require additional time to complete its review of the New Drug Application (NDA) for ADASUVE™ (Staccato® loxapine). In a notice received from the FDA, the Prescription Drug User Fee Act date for the ADASUVE NDA has been extended from February 4, 2012 to May 4, 2012.
Cell Therapeutics (Nasdaq: CTIC) 13% HIGHER; continuing to hold over the 200-day moving average this week. Shares were up nearly 15 percent on Friday.
Peregrine Pharma (Nasdaq: PPHM) 12.9% HIGHER; breaking away from the 200-day moving average after trading very tightly to this technical indicator for about two weeks.
Petmed Express, Inc. (NASDAQ: PETS) 12.8% HIGHER; reported Q3 EPS of $0.19, $0.03 better than the analyst estimate of $0.16. Revenue for the quarter came in at $50.5 million versus the consensus estimate of $44.75 million.
Lee Enterprises (NYSE: LEE) 12.4% HIGHER; continuing higher this week following a more than 16 percent rise last week. Shares are over $1 today.
Zhone Technologies (Nasdaq: ZHNE) 10.8% HIGHER; trading over $1 for the first time since mid October.
Patriot Coal (NYSE: PCX) 10% HIGHER; bouncing today following a 19 percent decline over the last two weeks.
Mellanox Technologies (Nasdaq: MLNX) 9.4% LOWER; is seeing some early pressure following news that Intel (Nasdaq: INTC) bought InfiniBand assets from Qlogic (Nasdaq: QLGC). This is seen as competitive for MLNX.
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