Morning Movers 05/25: (GNOM) (UPI) (EJ) Higher; (DCTH) (TLB) (GENE) Lower

May 25, 2012 10:39 AM EDT Send to a Friend
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Delcath (Nasdaq: DCTH) 36.1% LOWER; prices 13.3 million common shares at $1.50 per share. The company sees net proceeds of about $18.4 million.

Talbots, Inc. (NYSE: TLB) 33.6% LOWER; shares are collapsing early Friday after the company said the exclusivity agreement with Sycamore Partners expired without a definitive merger agreement. Sycamore Partners informed the company that it is not prepared to execute a transaction at this time. The company also reported Q1 EPS of $0.09, $0.11 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $275.9 million versus the consensus estimate of $272.54 million.

Complete Genomics (Nasdaq: GNOM) 29.6% HIGHER; the stock is continuing sharply higher Friday following a 26.6 percent surge yesterday. The stock moved over $2 yesterday, and is over $3 today. Volume is extremely heavy.

Uroplasty, Inc. (NASDAQ: UPI) 16.4% HIGHER; reported Q4 EPS of ($0.03), $0.04 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $5.6 million versus the consensus estimate of $5.51 million.

E-House (China) Holdings Ltd (NYSE: EJ) 13.6% HIGHER; Maxim Group upgraded the stock from Sell to Hold.

Genetic Technologies (Nasdaq: GENE) 14.1% LOWER; continuing a recent volatile run. Shares surged about 65 percent on Tuesday, fell about 11 percent on Wednesday, and rose nearly 63 percent on Thursday.

Frontline (NYSE: FRO) 12.1% HIGHER; reported Q1 EPS of $0.02, $0.12 better than the analyst estimate of ($0.10).

VeriFone Systems (NYSE: PAY) 11.8% LOWER; reported Q2 EPS of $0.64, $0.03 better than the analyst estimate of $0.61. Revenue for the quarter came in at $472 million versus the consensus estimate of $471.82 million. Sees Q3 2012 EPS of $0.68-$0.70, versus the consensus of $0.70. Sees sales of $495-$500 million. Sees FY2012 EPS of $2.60-$2.66, versus the consensus of $2.66. Sees sales of $1.9-$1.93 billion.

VimpelCom Ltd. (NYSE: VIP) 10.3% LOWER; announced the Moscow Arbitration Court has issued a new, expanded injunction order in connection with the previously announced claim by the Russian Federal Anti-monopoly Service ("FAS"). The injunction order is related to the previously disclosed claims brought by the FAS against two of the largest shareholders of VimpelCom, Telenor East Holding II AS and Weather Investments II S.a r.l., in the Moscow Arbitration Court.

Maxwell Technologies (NASDAQ: MXWL) 8.2% LOWER; Wedbush downgraded the stock from Outperform to Neutral, price target slashed from $20 to $8.


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