Close

Morning Movers 08/20: (WAVX) (CVH) (RPRX) Higher; (CERE) (ZAGG) (BEBE) Lower

August 20, 2012 11:35 AM EDT
Wave Systems Corp. (Nasdaq: WAVX) 32.5% HIGHER; powering above the $1 level for the first time since the end of May.

Coventry Health Care, Inc. (NYSE: CVH) 18.4% HIGHER; Aetna (NYSE: AET) to acquire Coventry in net $5.6 billion deal.

Ceres, Inc. (Nasdaq: CERE) 16.1% LOWER; lower following massive volume earlier in the session. Shares pushed below the $8.25 support level.

ZAGG Inc. (Nasdaq: ZAGG) 12.4% LOWER; CEO Pedersen announced he was stepping down late last Friday.

Corinthian Colleges, Inc. (Nasdaq: COCO) 11.6% LOWER; reported Q4 EPS of $0.10, $0.01 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $394.8 million versus the consensus estimate of $403.23 million. Total student population at June 30, 2012 was 91,460 versus 90,507 at June 30, 2011, an increase of 1.1%. Total new students were 25,839 versus 23,835, an increase of 8.4%. Sees Q1 2013 EPS of $0.03-0.05, versus the consensus of $0.04. Corinthian Colleges sees Q1 2013 revenue of $395-405 million, versus the consensus of $407.0 million.

Repros Therapeutics Inc. (Nasdaq: RPRX) 11.0% HIGHER; getting above $10 for thefirst time since 2009.

bebe (Nasdaq: BEBE) 10.1% LOWER; Emilia Fabricant, President of bebe, resigned from the company last Friday for personal reasons. Manny Mashouf, company Chairman and Chief Executive Officer, will continue to assume leadership of the company and Ms. Fabricant’s duties will be absorbed by both he and Renee Bell, Executive Vice President, Merchandising. Janney downgraded shares Monday.

Hudson Technologies Inc. (Nasdaq: HDSN) 10.0% HIGHER; gapping above key $3.50 level Monday on overall sentiment.

Swisher Hygiene Inc. (Nasdaq: SWSH) 9.4% LOWER; reports that Steven Berrard is stepping down as President and Chief Executive Officer of the company, effective immediately. Mr. Berrard will continue his service as a member of the Board of Directors. Also effective immediately, the Board of Directors appointed Thomas Byrne, Swisher Hygiene's current Executive Vice President, as Interim President and Chief Executive Officer.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Morning Movers