Morning Movers 06/29: (STZ) (AMPE) (SNTA) Higher; (RIMM) (UNIS) (CAMP) Lower
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Constellation Brands (NYSE: STZ) 23.1% HIGHER; reported Q1 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $635 million versus the consensus estimate of $645.5 million. Constellation also signed a definitive agreement with Anheuser-Busch InBev SA/NV (NYSE: BUD) to purchase the remaining 50 percent interest in Crown Imports LLC as AB InBev completes its proposed acquisition of Modelo. The purchase price is $1.85 billion and represents 50 percent of a multiple of approximately 8.5 times Crown's EBIT. The transaction, which is subject to regulatory approval, is expected to close during the first quarter of calendar 2013.
Ampio Pharmaceuticals, Inc. (Nasdaq: AMPE) 22.1% HIGHER; moving higher on bullish SA post, mostly highlighting a June 21st press release. Volume is very heavy today.
Research In Motion (Nasdaq: RIMM) 18.0% LOWER; reported revs of $2.81 billion and an adjusted loss of 37 cents per share. The Street was looking for revs of $3.13 billion and a loss of 1 cent per share. Will delay BB10 launch until Q113 and plans to cut 5,000 jobs. For more, click here.
Synta Pharma. (Nasdaq: SNTA) 15.8% HIGHER; Jefferies issued some positive comments on the pharma today, saying the recent selloff was "excessive."
Smith & Wesson Holding Corp. (Nasdaq: SWHC) 15.4% HIGHER; reported Q4 EPS of $0.27, $0.10 better than the analyst estimate of $0.17. Revenue for the quarter came in at $129.8 million versus the consensus estimate of $126.53 million. Sees Q1 2013 EPS of $0.16-$0.19, versus the consensus of $0.12. Smith & Wesson Holding Corp. sees Q1 2013 revenue of $125-$130 million, versus the consensus of $112.55 million. Also sees FY2013 EPS of $0.60-$0.65, versus the consensus of $0.50. Smith & Wesson Holding Corp. sees FY2013 revenue of $485-$505 million, versus the consensus of $466.0 million.
Unilife Corporation (Nasdaq: UNIS) 14.9% LOWER; priced its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share.
Tahoe Resources (NYSE: TAHO) 14.2% HIGHER; bouncing after dropping 24 percent Thursday on word that Guatemala would be changing wording in its Constitution which might have had an adverse effect on the company's operations in the country. Tahoe issued a statement later in the session, easing some investor fears.
Calamp Corp. (Nasdaq: CAMP) 13.1% LOWER; reported Q1 EPS of $0.18, $0.05 better than the analyst estimate of $0.13. Revenue for the quarter came in at $43.9 million versus the consensus estimate of $43.5 million. Calamp sees Q213 revenue of $41 - $45 million, versus the consensus of $41.4 million.
Nike Inc. (NYSE: NKE) 9.0% LOWER; reported Q4 EPS of $1.17, $0.21 worse than the analyst estimate of $1.38. Revenue for the quarter came in at $6.47 billion versus the consensus estimate of $6.53 billion. Future orders up 12 percent.
Impax Laboratories, Inc. (Nasdaq: IPXL) 7.4% LOWER; announced that Arthur A. Koch, the Company’s Executive Vice President, Finance, and Chief Financial Officer, has informed the Company of his decision to resign from his position with the Company to pursue other opportunities. Mr. Koch will assist the Company to help ensure a smooth transition.
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Ampio Pharmaceuticals, Inc. (Nasdaq: AMPE) 22.1% HIGHER; moving higher on bullish SA post, mostly highlighting a June 21st press release. Volume is very heavy today.
Research In Motion (Nasdaq: RIMM) 18.0% LOWER; reported revs of $2.81 billion and an adjusted loss of 37 cents per share. The Street was looking for revs of $3.13 billion and a loss of 1 cent per share. Will delay BB10 launch until Q113 and plans to cut 5,000 jobs. For more, click here.
Synta Pharma. (Nasdaq: SNTA) 15.8% HIGHER; Jefferies issued some positive comments on the pharma today, saying the recent selloff was "excessive."
Smith & Wesson Holding Corp. (Nasdaq: SWHC) 15.4% HIGHER; reported Q4 EPS of $0.27, $0.10 better than the analyst estimate of $0.17. Revenue for the quarter came in at $129.8 million versus the consensus estimate of $126.53 million. Sees Q1 2013 EPS of $0.16-$0.19, versus the consensus of $0.12. Smith & Wesson Holding Corp. sees Q1 2013 revenue of $125-$130 million, versus the consensus of $112.55 million. Also sees FY2013 EPS of $0.60-$0.65, versus the consensus of $0.50. Smith & Wesson Holding Corp. sees FY2013 revenue of $485-$505 million, versus the consensus of $466.0 million.
Unilife Corporation (Nasdaq: UNIS) 14.9% LOWER; priced its underwritten offering of 6,154,000 shares of common stock at a price of $3.25 per share.
Tahoe Resources (NYSE: TAHO) 14.2% HIGHER; bouncing after dropping 24 percent Thursday on word that Guatemala would be changing wording in its Constitution which might have had an adverse effect on the company's operations in the country. Tahoe issued a statement later in the session, easing some investor fears.
Calamp Corp. (Nasdaq: CAMP) 13.1% LOWER; reported Q1 EPS of $0.18, $0.05 better than the analyst estimate of $0.13. Revenue for the quarter came in at $43.9 million versus the consensus estimate of $43.5 million. Calamp sees Q213 revenue of $41 - $45 million, versus the consensus of $41.4 million.
Nike Inc. (NYSE: NKE) 9.0% LOWER; reported Q4 EPS of $1.17, $0.21 worse than the analyst estimate of $1.38. Revenue for the quarter came in at $6.47 billion versus the consensus estimate of $6.53 billion. Future orders up 12 percent.
Impax Laboratories, Inc. (Nasdaq: IPXL) 7.4% LOWER; announced that Arthur A. Koch, the Company’s Executive Vice President, Finance, and Chief Financial Officer, has informed the Company of his decision to resign from his position with the Company to pursue other opportunities. Mr. Koch will assist the Company to help ensure a smooth transition.
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