Special Reports
Provided by:
Set Up E-mail Alerts For Special Reports » RSS Feed For Special Reports »Here is a list of the top news items from this week on Wall Street:
1. The unemployment rate rose over 10% this week, marking the first time since 1983. Data from the labor department showed that employers cut another 190,000 jobs last month, pushing the rate of unemployment up from Septembers 9.8%. Although economists had been expecting the unemployment rate to drop to just 9.9%, shares rose sharply on Thursday, closing above the heavily-watched 10,000 level.
2. The Fed held its key interest rates at the 0-0.25% range this week. As this had been expected by traders, the real speculation was related to the language used in the FOMC statement: to keep rates "exceptionally low" for an "extended period".
3. Warren Buffett did the largest deal of his life this week, announcing that his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) would acquire the remaining 77.4% of Burlington Northern (NYSE: BNI) shares the company does not already own. At $100 per share, the deal is being valued around $44 billion. Shares of BNI surged more than 27% on Tuesday.
4. Ford (NYSE: F) announced a Q3 adj-profit of $0.25 per share this week, topping the Street's $0.13 loss estimate and sending the stock higher by more than 8% on Monday. Later in the week, Ford announced that sales during the month of October rose 3.1%.
5. As investors continue to show concern related to the viability of the dollar as a global currency, gold has surged to all-time highs this week. The commodity traded over the $1,100 level on Friday of this week.
6. Cisco (Nasdaq: CSCO) reported strong Q1 results this week, giving the tech-heavy Nasdaq a boost even as disappointing economic data weighed on the markets. The company reported quarterly EPS of $0.36, 5 cents better than the analyst estimate of $0.31. Revenue for the quarter was $9 billion, which compares to the estimate of $8.74 billion. Cisco also announced that it has added $10 billion to its buyback program. Cisco shares finished this week about 3% higher.
7. As expected, CIT Group (NYSE: CIT) filed a prepackaged bankruptcy planned this week. Approximately 85% of the Company's eligible debt participated in the solicitation, and nearly 90% of those participating supported the prepackaged plan of reorganization. Due to the overwhelming and broad support from its debtholders, the Company is asking the Court for a quick confirmation of the approved prepackaged plan. Under the proposed prepackaged plan of reorganization, all existing common and preferred stock will be cancelled upon emergence.
8. On the M&A front, besides Warren Buffett's massive deal, we also had: IMS Health (NYSE: RX) announce a $22/share bid by TPG and CPP Investment Board and Stanley Works (NYSE: SWK) and Black & Decker (NYSE: BDK) announce a $4.5 billion merger deal.
9. Shares of CVS (NYSE: CVS) tumbled more than 20% on Thursday as comments related to the prescriptions benefits management business on its Q3 conference call began a wave of selling. CVS had approximately $4.5 billion in contract losses for the 2010 selling season, versus $1.4 billion in wins. CVS now expects PBM operating profits to decline as much as 10% to 12% in 2010, versus prior expectations for growth in low to mid single digits.
10. Retail sales for the month of October seemed to disappoint investors this week. Among some of the notables were: Costco (Nasdaq: COST) saw comps rise 5%, Gap (NYSE: GPS) had a 4% jump, Urban Outfitters (Nasdaq: URBN) comps fell 2%, Aeropostale (NYSE: ARO) comps were up 3%, Target (NYSE: TGT) had a 0.1% drop in same store sales and JCPenney's (NYSE: JCP) comps fell 4.5%.
Columbia Bancorp (Nasdaq: CBBO) 42% HIGHER; not hearing any news today. Over the last three trading sessions, the stock has been down nearly 30%, with 15% of the move coming yesterday. The stock may simply be correcting today following so much downside. Volume is very heavy today.
Ocean Power Technologies, Inc (Nasdaq: OPTT) 32.9% HIGHER; announced, in a partnership with Leighton Contractors Pty, it has received a A$66.46 million grant from the Federal Government of Australia to build a 19 MW wave power project off the coast of Victoria, Australia. The award is one of four renewable energy projects approved by the Federal Government after considering over 30 applications, and is the sole wave energy venture.
Geokinetics Inc. (AMEX: GOK) 28.4% LOWER; reports Q3 loss of $0.41, cents better than the analyst estimate of ($0.08). Revenue for the quarter was $96.80 million, which compares to the estimate of $133.92 million.
Osteotech, Inc. (Nasdaq: OSTE) 27.5% LOWER; reports Q3 loss of $0.11, 9 cents lower than the analyst estimate of ($0.02). Revenue for the quarter was $23 million, which compares to the estimate of $23.5 million. Sees FY09 sales of $92-$94 million, versus the consensus of $96.13 million, on a loss of $0.32-$0.36, which compares to the Street estimate of ($0.15).
NightHawk Radiology Holdings, Inc. (NASDAQ: NHWK) 25.7% LOWER; reports Q3 EPS of $0.17, ex-items, 1 cent better than the analyst estimate of $0.16. Revenue for the quarter was $43.5 million, which compares to the estimate of $42.71 million. Sees Q4 adj-EPS of $0.08-$0.10, versus the consensus of $0.15, on sales of $38-$40 million, versus the consensus of $40.13 million.
Oculus Innovative Sciences, Inc. (Nasdaq: OCLS) 19.3% LOWER; reports Q3 loss of $0.08, 1 cent better than the analyst estimate of ($0.09). Revenue for the quarter was $1.7 million, which compares to the estimate of $2.12 million.
U.S. Global Investors, Inc. (Nasdaq: GROW) 16.5% HIGHER; reports Q1 EPS of $0.09, 2 cents better than the analyst estimate of $0.07. Revenue for the quarter was $8 million, which compares to the estimate of $6.8 million.
Crocs, Inc. (NASDAQ: CROX) 16.5% LOWER; reports Q3 EPS of $0.01, 9 cents better than the analyst estimate of ($0.08). Revenue for the quarter was $177.1 million, which compares to the estimate of $156.41 million. Sees Q4 loss of $0.15-$0.20, versu loss of $0.16. Sees revs of $110-$115 million, versus the consensus of $113.6 million.
Magna International, Inc. (NYSE: MGA) 14.2% HIGHER; reports Q3 EPS of $0.45, versus the analyst estimate of ($0.19) and compared to ($1.93) in the same quarter last year. Revenue for the quarter was $4.67 billion, which compares to the estimate of $4.53 billion. The stock was also upgraded to Buy at UBS.
Sonic Solutions (NASDAQ: SNIC) 13.8% HIGHER; reports Q2 adjusted EPS of $0.01, cents better than the analyst estimate of ($0.05). Revenue for the quarter was $26.10 million, which compares to the estimate of $25.35 million.
CEL-SCI Corporation (NYSE Amex: CVM) 13.5% HIGHER; announced today that an Institutional Review Board of The Johns Hopkins University School of Medicine (Johns Hopkins) has given clearance for the Company's first clinical study to proceed. View the release.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:
Before Market Opens:
Earnings:
4Kids Entertainment (NYSE: KDE) – no consensus
Albany Molecular Research (NASDAQ: AMRI) – consensus loss $0.04
American Electric Tech Inc. (NASDAQ: AETI) – no consensus
American Water Works Co Inc. (NYSE: AWK) – consensus EPS $0.54
Angiotech Pharmaceuticals (NASDAQ: ANPI) – consensus EPS $0.04
Applied Energetics, Inc. (NASDAQ: AERG) – no consensus
Assisted Living Concept (NYSE: ALC) – consensus EPS $0.31
ATA Inc. (NASDAQ: ATAI) – consensus loss $0.02
Boots & Coots, Inc. (NYSE: WEL) – consensus EPS $0.01
BPZ Resources, Inc (NYSE: BPZ) – consensus loss $0.03
Caliper Life Sciences (NASDAQ: CALP) – consensus loss $0.07
Care Investment Trust Inc. (NYSE: CRE) – consensus EPS $0.08
CECO Environmental (NASDAQ: CECE) – consensus EPS $0.01
CGI Group (NYSE: GIB) – consensus EPS $0.24
China Fire & Security Group Inc. (NYSE: CFS) – consensus EPS $0.27
China Information Sec Tech Inc. (NASDAQ: CPBY) – consensus EPS $0.19
Chindex International, Inc (NASDAQ: CHDX) – consensus EPS $0.13
Cinemark Holdings, Inc. (NYSE: CNK) – consensus EPS $0.16
Cogent Communications (NASDAQ: CCOI) – consensus loss $0.08
Compass Div Holdings Inc. (NASDAQ: CODI) – consensus EPS $0.24
Comverge Inc. (NASDAQ: COMV) – consensus loss $0.45
Cytori Therapeutics (NASDAQ: CYTX) – consensus loss $0.15
Digital Angel (NASDAQ: DIGA) – no consensus
DISH Network Corporation (NASDAQ: DISH) – consensus EPS $0.44
Dynex Capital (NYSE: DX) – no consensus
Energy Conversion Devices (NASDAQ: ENER) – consensus loss $0.31
ENGlobal (NYSE: ENG) – consensus EPS $0.03
EV Energy Partners LP (NYSE: EVE) – consensus EPS $0.62
Ever-Glory International Group, Inc. (NYSE: EVK) – no consensus
Evergreen Energy Inc. (NYSE: EEE) – no consensus
Express-1 Expedited Solutions, Inc. (NYSE: XPO) – consensus EPS $0.02
Fuqi International Inc. (NASDAQ: FUQI) – consensus EPS $0.44
Global Traffic Network INC (NASDAQ: GNET) – consensus loss $0.03
Gray Television, Inc. (NYSE: GTN) – consensus loss $0.27
GTx, Inc. (NASDAQ: GTXI) – consensus loss $0.35
Hawk (NYSE: HWK) – consensus EPS $0.16
Hospitality Properties Trust (NYSE: HPT) – consensus EPS $0.78
Liberty Media Corporation (NASDAQ: LINTA) – consensus EPS $0.11
Meridian Resource (NYSE: TMR) – no consensus
Minefenders LTD (NYSE: MFN) – consensus loss $0.02
Natco (NYSE: NTG) – consensus EPS $0.49
Nationwide Health Properties, Inc. (NYSE: NHP) – consensus EPS $0.56
Nelnet (NYSE: NNI) – consensus EPS $0.75
Nippon Telegraph & Telephone Corp. (NYSE: NTT) – no consensus
Peerless Manufacturing (NASDAQ: PMFG) – consensus EPS $0.08
Presstek Incorporated (NASDAQ: PRST) – consensus loss $0.07
Quicksilver Resources (NYSE: KWK) – consensus EPS $0.22
Regency Energy Partners LP (NASDAQ: RGNC) – consensus EPS $0.06
Rockwell Automation (NYSE: ROK) – consensus EPS $0.27
Rural/Metro (NASDAQ: RURL) – no consensus
Sappi Limited (NYSE: SPP) – consensus loss $0.06
Sempra Energy (NYSE: SRE) – consensus EPS $1.19
SouthWest Water (NASDAQ: SWWC) – consensus EPS $0.08
Sterling Construction Company, Inc. (NASDAQ: STRL) – consensus EPS $0.27
Syneron Medical Ltd. (NASDAQ: ELOS) – consensus loss $0.15
Tesoro Corporation (NYSE: TSO) – consensus EPS $0.01
Toreador Resources (NASDAQ: TRGL) – no consensus
TransMontaigne Partners L.P. (NYSE: TLP) – consensus EPS $0.54
TravelCenters of America (NYSE: TA) – consensus loss $0.10
Trex Company, Inc. (NYSE: TWP) – consensus EPS $0.15
TriMas Corporation (NYSE: TRS) – consensus EPS $0.10
Uranium Resources (NASDAQ: URRE) – no consensus
Verenium Corporation (NASDAQ: VRNM) – consensus loss $1.90
Versar (NYSE: VSR) – no consensus
Western Refining, Inc. (NYSE: WN) – consensus loss $0.06
Xinyuan Real Estate Co., Ltd. (NYSE: XIN) – no consensus
XOMA Ltd. (NASDAQ: XOMA) – consensus EPS $0.02
Intraday or Not Specified:
Earnings:
Alphatec Holdings Inc. (NASDAQ: ATEC) – consensus loss $0.01
AVI BioPharma (NASDAQ: AVII) – consensus loss $0.07
Bancolombia SA (NYSE: CIB) – consensus EPS $0.78
Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) – consensus EPS $0.26
Capitol Federal Financial (NASDAQ: CFFN) – consensus EPS $0.24
Capstone Therapeutics (NASDAQ: CAPS) – no consensus
Century Casinos (NASDAQ: CNTY) – consensus EPS $0.02
Corcept Therapeutics Inc. (NASDAQ: CORT) – consensus loss $0.10
Digitalglobe Inc. (NYSE: DGI) – consensus EPS $0.25
Duoyuan Global Water Inc. (NYSE: DGW) – consensus EPS $0.44
Echostar Corp.(NYSE: SATS) – consensus loss $0.06
Energy Partners, Ltd. (NYSE: EPL) – no consensus
Energy Transfer Equity LP-UT (NYSE: ETE) – consensus EPS $0.44
Energy Transfer Partners (NYSE: ETP) – consensus EPS $0.33
Enterprise Group Holdings L P (NYSE: EPE) – consensus EPS $0.32
Geoglobal Resources Inc. (NYSE: GGR) – no consensus
Great Basin Gold (NYSE: GBG) – consensus loss $0.02
Hiland Holdings Group LP (NASDAQ: HPGP) – no consensus
Houston Wire & Cable Company (NASDAQ: HWCC) – consensus EPS $0.11
HSBC Finance Corp. (NYSE: HTB) – no consensus
Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) – consensus loss $0.44
Kohlberg Capital Corp. (NASDAQ: KCAP) – consensus EPS $0.25
Lannett Company, Inc. (NYSE: LCI) – consensus EPS $0.07
Loral Space & Communications (NASDAQ: LORL) – consensus EPS $0.54
Mechel OAO (NYSE: MTL) – no consensus
Merrimac Industries (NYSE: MRM) – no consensus
Michael Baker Corp. (NYSE: BKR) – consensus EPS $0.87
Molecular Insight Pharmaceuticals, Inc (NYSE: MIP) – consensus loss $0.68
New Frontier Media, Inc. (NASDAQ: NOOF) – consensus EPS $0.03
NexMed (NASDAQ: NEXM) – no consensus
Nordic American Tanker (NYSE: NAT) – no consensus
Orbcomm Inc. (NASDAQ: ORBC) – consensus loss $0.02
OXiGENE, Inc. (NASDAQ: OXGN) – consensus loss $0.09
Partner Communications (NASDAQ: PTNR) – consensus EPS $2.03
Priceline.com (NASDAQ: PCLN) – consensus EPS $2.9
Quicksilver Gas Services LP (NYSE: KGS) – consensus EPS $0.28
Radnet Inc (NASDAQ: RDNT) – consensus EPS $0.07
Rockville Financial Inc. (NASDAQ: RCKB) – consensus EPS $0.18
Rosetta Resources Inc. (NASDAQ: ROSE) – consensus EPS $0.10
SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) – consensus EPS $0.01
SIGA Technologies (NASDAQ: SIGA) – no consensus
Stifel Financial (NYSE: SF) – consensus EPS $0.54
Stonemor Partners LP (NASDAQ: STON) – consensus EPS $0.05
Sunrise Senior Living (NYSE: SRZ) – no consensus
Tandy Leather Factory, Inc. (NYSE: TLF) – no consensus
TechTarget, Inc. (NASDAQ: TTGT) – consensus EPS $0.05
TETRA Technologies (NYSE: TTI) – consensus EPS $0.22
TOP Ships (NASDAQ: TOPS) – consensus EPS $0.16
Tower Semiconductor (NASDAQ: TSEM) – no consensus
TRC Companies (NYSE: TRR) – consensus loss $0.04
Windstream Communications (NYSE: WIN) – consensus EPS $0.22
After Market Closes:
Earnings:
Abraxas Petroleum (NASDAQ: AXAS) – consensus loss $0.01
Acadia Pharmaceuticals Inc. (NYSE: ACA) – consensus loss $0.24
Advanced Photonix (NYSE: API) – consensus loss $0.02
Advocat (NASDAQ: AVCA) – no consensus
Alexza Pharmaceuticals Inc. (NASDAQ: ALXA) – consensus loss $0.29
American CareSource Holdings, Inc. (NASDAQ: ANCI) – consensus EPS $0.02
Antares Pharma, Inc. (NYSE: AIS) – consensus loss $0.04
Appliance Recycling Centers (NASDAQ: ARCI) – consensus loss $0.01
Arena Pharmaceuticals (NASDAQ: ARNA) – consensus loss $0.34
Ballantyne Strong, Inc. (NYSE: BTN) – no consensus
BIDZ.COM (NASDAQ: BIDZ) – consensus EPS $0.01
BMP Sunstone Corporation (NASDAQ: BJGP) – consensus EPS $0.03
Capstone Turbine Corporation (NASDAQ: CPST) – consensus loss $0.09
Cardiac Science (NASDAQ: CSCX) – consensus loss $0.12
Chinacast Education Corp. (NASDAQ: CAST) – consensus EPS $0.10
Clean Energy Fuels Corp. (NASDAQ: CLNE) – consensus loss $0.30
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) – consensus loss $0.08
Collectors Universe Inc. (NASDAQ: CLCT) – no consensus
Deerfield Capital Corp (NYSE: DFR) – no consensus
DIVX Inc. (NASDAQ: DIVX) – consensus loss $0.01
DTS, Inc. (NASDAQ: DTSI) – consensus EPS $0.12
Electronic Arts (NASDAQ: ERTS) – consensus EPS $0.07
Emeritus Corporation ESC) – consensus loss $0.25
Ener1, Inc. (NYSE: HEV) – consensus loss $0.10
Fluor Corporation (NYSE: FLR) – consensus EPS $0.90
Force Protection Inc. (NASDAQ: FRPT) – consensus EPS $0.12
Full House Resorts (NYSE: FLL) – consensus EPS $0.08
FX Energy (NASDAQ: FXEN) – no consensus
Golden Star Resources Ltd. (NYSE: GSS) – consensus EPS $0.01
Granite City Food & Brewery Ltd. (NASDAQ: GCFB) – consensus loss $0.14
GT Solar International Inc. (NASDAQ: SOLR) – consensus EPS $0.07
Harvest Energy Trust (NYSE: HTE) – no consensus
Healthcare Realty Trust (NYSE: HR) – consensus EPS $0.39
Hologic (NASDAQ: HOLX) – consensus EPS $0.27
Home Inns & Hotels Management Inc. (NASDAQ: HMIN) – consensus EPS $0.24
HQ Sustainable Maritime Ind Inc. (NYSE: HQS) – consensus EPS $0.25
Inter Parfums, Inc. (NASDAQ: IPAR) – consensus EPS $0.19
Intersections Inc. (NASDAQ: INTX) – no consensus
Keynote Systems, Inc. (NASDAQ: KEYN) – consensus EPS $0.08
Lions Gate Entertainment (NYSE: LGF) – consensus EPS $0.06
Live Nation (NYSE: LYV) – consensus EPS $0.80
MarkWest Energy Partners LP (NYSE: MWE) – consensus EPS $0.14
MBIA Inc. (NYSE: MBI) – consensus loss $1.05
McDermott International Inc. (NYSE: MDR) – no consensus
Miller Industries (NYSE: MLR) – consensus EPS $0.09
Mindray Medical International LTD (NYSE: MR) – consensus EPS $0.27
Nautilus, Inc. (NYSE: NLS) – consensus loss $0.17
NBTY Inc. (NYSE: NTY) – consensus EPS $0.82
Neenah Paper, Inc. (NYSE: NP) – consensus EPS $0.15
Opnext Inc. (NASDAQ: OPXT) – consensus loss $0.07
Pengrowth Energy Trust (NYSE: PGH) – no consensus
Pike Electric Corp. (NASDAQ: PIKE) – consensus EPS $0.09
Rackspace Hosting, Inc. (NYSE: RAX) – consensus EPS $0.06
Raser Technologies Inc. (NYSE: RZ) – consensus loss $0.08
Rentrak Corporation (NASDAQ: RENT) – consensus EPS $0.07
Saga Communications Inc. (NYSE: SGA) – consensus EPS $0.37
Salix Pharmaceuticals, Inc. (NASDAQ: SLXP) – consensus loss $0.29
Sauer-Danfoss (NYSE: SHS) – consensus loss $1.12
Schawk (NYSE: SGK) – consensus EPS $0.15
Sequenom (NASDAQ: SQNM) – consensus loss $0.28
Silver Wheaton Corp.\ (NYSE: SLW) – consensus EPS $0.11
Talecris Biotherapeutics Holdings Corp. (NASDAQ: TLCR) – no consensus
TechTeam Global (NASDAQ: TEAM) – no consensus
Terremark Worldwide, Inc. (NASDAQ: TMRK) – consensus loss $0.11
Ticketmaster Entertainment, Inc. (NASDAQ: TKTM) – consensus EPS $0.18
Tix Corp. (NASDAQ: TIXC) – no consensus
Tongxin International Ltd. (NASDAQ: TXIC) – no consensus
Unica Corporation (NASDAQ: UNCA) – consensus loss $0.01
Universal Display (NASDAQ: PANL) – consensus loss $0.15
Utek Corp. (NYSE: UTK) – consensus loss $0.03
Wave Systems Corporation (NASDAQ: WAVX) – no consensus
Subscribe to EasyStockAlerts and get real-time e-mail alerts when news hits your stocks!
UPGRADES:
Oppenheimer upgraded General Electric (NYSE: GE) today from Perform to Outperform and raised their price target from $17 to $18. Sandford C. Bernstein also upgraded General Electric from Market Perform to Outperform and raised their price target from $18 to $19. Investors are reacting positively to the two upgrades of General Electric (NYSE: GE) today.
Piper Jaffray upgrades CBS Corporation (NYSE: CBS) from Underweight to Neutral. Price target increased from $12 to $13. Click Here for more color.
Bank of America upgraded home improvement retailers Home Depot (NYSE: HD) and Lowe's Companies Inc. (NYSE: LOW) two-notches from Underperform to Buy. The firm sees a price target of $29 for Home Depot, and $23 for Lowe's.
JPMorgan has upgraded shares of Macy's (NYSE: M) from Neutral to Overweight this morning, also boosting his price target from $19 to $23. Click Here for more color.
For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades
DOWNGRADES:
Citi, Pacific Crest, and Adrour Capital cut Evergreen Solar (NASDAQ: ESLR) from Hold to Sell, Sector Outperform to Sectore Perform, and Hold to Reduce, Respectively. Citi also reduced its price target from $3 to $1.
Jefferies & Co downgrades ResMed (NYSE: RMD) from Buy to Hold. Price target increased from $50 to $53. Morgan Stanley also downgraded ResMed from Overweight to Equalweight.
Howard Weil downgrades Sunoco (NYSE: SUN) from Outperform to Market Perform.
For daily real-time Downgrades go to http://www.streetinsider.com/Downgrades
NEW COVERAGE:
Janney Montgomery Scott initiates coverage on Peet's Coffee and Tea (NASDAQ: PEET) with a Buy. Price target $62. Click Here for more color.
Jefferies & Co initiates coverage on Thermo Fisher Scientific (NYSE: TMO) with a Hold rating. Price target $50.
MKM Partners initiates coverage on Hertz Global (NYSE: HTZ) with a Neutral.
For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage
NightHawk Radiology Holdings, Inc. (NASDAQ: NHWK) 26% LOWER; reports Q3 EPS of $0.17, ex-items, 1 cent better than the analyst estimate of $0.16. Revenue for the quarter was $43.5 million, which compares to the estimate of $42.71 million. Sees Q4 adj-EPS of $0.08-$0.10, versus the consensus of $0.15, on sales of $38-$40 million, versus the consensus of $40.13 million.
Geokinetics Inc. (AMEX: GOK) 22.1% LOWER; reports Q3 loss of $0.41, cents better than the analyst estimate of ($0.08). Revenue for the quarter was $96.80 million, which compares to the estimate of $133.92 million.
Axcelis Technologies, Inc. (NASDAQ: ACLS) 19.5% HIGHER; reports Q3 loss of $0.15, 2 cents better than the analyst estimate of ($0.17). Revenue for the quarter was $35 million, which compares to the estimate of $31.95 million. Sees Q409 cash Break Even.
Crocs, Inc. (NASDAQ: CROX) 17.8% LOWER; reports Q3 EPS of $0.01, 9 cents better than the analyst estimate of ($0.08). Revenue for the quarter was $177.1 million, which compares to the estimate of $156.41 million. Sees Q4 loss of $0.15-$0.20, versu loss of $0.16. Sees revs of $110-$115 million, versus the consensus of $113.6 million.
CEL-SCI Corporation (NYSE Amex: CVM) 16.5% HIGHER; announced today that an Institutional Review Board of The Johns Hopkins University School of Medicine (Johns Hopkins) has given clearance for the Company's first clinical study to proceed. View the release.
ZIOPHARM Oncology, Inc. (Nasdaq: ZIOP) 15.6% HIGHER; presented today at the 15th Annual Connective Tissue Oncology Society Meeting, positive interim data from the multicenter randomized Phase II trial of palifosfamide (ZymafosTM, ZIO-201) treating patients with unresectable or metastatic soft tissue sarcoma. More from the release.
CVR Energy, Inc. (NYSE: CVI) 15.6% LOWER; today announced that one of its stockholders has commenced a registered underwritten public offering of 7,376,264 shares of CVR Energy's common stock.
LivePerson (NASDAQ: LPSN) 15.1% HIGHER; reports Q3 EPS of $0.08, 2 cents better than the analyst estimate of $0.06. Revenue for the quarter was $22.3 million, which compares to the estimate of $21.61 million. LivePerson sees Q4 EPS $0.06-$0.07, versus the consensus of $0.06. Sees sales of $23.4-$23.7 million, versus the consensus of $23 million. LivePerson raises FY09 EPS view to $0.26-$0.27, versus the consensus of $0.24.
China Cablecom (Nasdaq: CABL) 15% HIGHER; continuing higher today following yesterday's 26.5% surge and Wednesday's 7% jump.
ZymoGenetics Inc. (NASDAQ: ZGEN) 14.8% HIGHER; reports Q3 loss of $0.17, 3 cents better than the analyst estimate of ($0.20). Revenue for the quarter was $27.5 million, which compares to the estimate of $31.52 million. The stock was also upgraded at Wedbush.
FreightCar America, Inc. (NASDAQ: RAIL) 13.8% LOWER; reports Q2 EPS of $0.09 vs. consensus of $0.22. Revenues were $55.1 million vs. $78.00 million consensus. Click here for the full report.
Coinstar, Inc. (NASDAQ: CSTR) 12.8% LOWER; reports Q3 EPS of $0.31, 6 cents better than the analyst estimate of $0.25. Revenue for the quarter was $296 million, which compares to the estimate of $331.85 million.
Move, Inc. (NASDAQ: MOVE) 12.6% LOWER; reports Q3 EPS of $0.00, versus the analyst estimate of $0.02. Revenue for the quarter was $52.90 million, which compares to the estimate of $54.69 million. Sees Q4 sales $47 - $48 million, versus $54.6 million. Sees FY10 $184 - $192 million, versus $230.7 million
Boston Beer Company (NYSE: SAM) 12.5% HIGHER; reports Q3 adjusted EPS of $0.58, versus the analyst estimate of $0.39. Revenue for the quarter was $108.7 million, which compares to the estimate of $107.46 million.
Arbor Realty Trust (NYSE: ABR) 12.3% LOWER; reports Q3 FFO loss of $1.73, versus the analyst estimate of ($1.33). Revenue for the quarter was $30.80 million, which compares to the estimate of $30.07 million.
General Steel (NYSE: GSI) 12% HIGHER; reported Q3 EPS of $0.22, 12 cents better than the analyst estimate of $0.10. Revenue for the quarter was $484.8 million, which compares to the estimate of $456.06 million.
Glimcher Realty Trust (NYSE: GRT) 11.6% HIGHER; GRT shares are moving higher today following news of a JV with Blackstone (NYSE: BX). Click here for the full report.
Rochester Medical Corporation (NASDAQ: ROCM) 11.6% HIGHER; reports Q4 EPS of $0.01, 1 cents below the analyst estimate of $0.02. Revenue for the quarter was $9.01 million, which compares to the estimate of $9.57 million.
M&F Worldwide Corp. (NYSE: MFW) 11% HIGHER; reports Q3 adjusted EPS of $1.87, cents better than the analyst estimate of $1.02. Revenue for the quarter was $425.70 million, which compares to the estimate of $449.57 million.
Willbros Group (NYSE: WG) 10.7% HIGHER; the stock was upgraded at KeyBanc, Jesup & Lamont and Capital One.
American Reprographics Company (NYSE: ARP) 10.4% HIGHER; reports Q3 EPS of $0.06, 3 cents better than the analyst estimate of $0.03. Revenue for the quarter was $119.4 million, which compares to the estimate of $116.03 million. American Reprographics reaffirms FY09.
Hansen Natural (NASDAQ: HANS) 10.4% LOWER; reports Q3 EPS of $0.60, 3 cents below the analyst estimate of $0.63. Revenue for the quarter was $307.9 million, which compares to the estimate of $309.19 million.
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) 10.4% LOWER; reports Q3 EPS of $0.37, even with the analyst estimate of $0.37. Revenue for the quarter was $187 million, which compares to the estimate of $197.54 million.
TASER Int'l (Nasdaq: TASR) 10.3% HIGHER; J.P. Morgan upgrades the stock from Neutral to Overweight. Price target lowered to $6.50.
Occam Networks (NASDAQ: OCNW) 10.3% HIGHER; reports Q3 EPS of $0.01, ex-items, 9 cents better than the analyst estimate of ($0.08). Revenue for the quarter was $21.7 million, which compares to the estimate of $22.10 million. Sees Q4 sales unchanged vs. Q3. The stock was upgraded to Buy at Jefferies.
Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) 9.9% HIGHER; reports Q3 loss of $0.03, 1 cents better than the analyst estimate of ($0.04). Revenue for the quarter was $7.9 million, which compares to the estimate of $7.08 million. Sees FY09 sales $33 - $34 million, versus $34.30 million consensus.
To get this report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
More Special Reports
View Older Stories-
Notable Mergers and Acquisitions of the Day: EBAY, CDCS
-
After-Hours Movers 11/05: JSDA, ENOC, SAM, RST, ASEI, KFN Higher; MOVE, FNM, CROX, BEBE, BID Lower
-
Trading Radar for 11/06: American International (AIG), Scripps (SNI), Suncor Energy (SU), Blackstone Group (BX) Report
-
Unusual 11 Mid-Day Movers 11/05: RX, FSYS, NWK, ROYL Higher; SMSI, ELMG, PL, CVS Lower
-
Notable Analyst Rating Changes 11/5: PALM, VALE, TRW, ONNN, MDT, SPWRA Upgraded; CMCSA, ARO, DPTR, GRMN TEX Downgraded
-
Morning Movers 11/05: ROYL, RX, FSYS, KAI, SANM Higher; SMSI, CVS, MBRK, INOD, PL, ARO Lower
-
Notable Mergers and Acquisitions of the Day 11/5: AGU/CF, SNI, RX
-
After-Hours Movers 11/04: RSOL, SANM, PARL, VLNC, GIVN, CECO Higher; SMSI, AUTH, WFMI, ANDE Lower
-
Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
-
Unusual 11 Mid-Day Movers 11/04: PACR, ABK, AGYS, RHB Higher; STEC, MNTG, CT, VG Lower
-
ETF Movers: XLF, XLB, TAN, USO, GLD Up; FAZ, IYT, KRE Lower
-
Notable Analyst Rating Changes 11/04: VIA, DRIV, JBHT, GD Upgraded; STEC, ENR, DLB Downgraded
-
Notable Mergers and Acquisitions of the Day 11/4: TRA/CF, RHB, VCGH
-
Morning Movers 11/04: MPAC, ABK, GNVC, RHB, IRE, PACR Higher; STEC, CLRT, VG, TRLG, ANSW Lower
-
After-Hours Movers 11/03: QLTY, PACR, BGCP, TESO Higher; STEC, TRLG, CLRT, CRL, MYGN Lower
-
Trading Radar for 11/04: Cisco (CSCO), Comcast (CMCSA), Tyco (TEL), Molson Coors (TAP) Report
-
Unusual 11 Mid-Day Movers 11/03: LNY, BNI, DDRX, BDK Higher; CKEC, TPGI, CHTP, CMLS Lower
-
Notable Analyst Rating Changes: CSX, UNH, DF, TS Upgraded; SNDK, INTC, VALE Upgraded
-
Morning Movers 10/03: BNI, DDRX, BDK, AIMC, RTEC, MEDW Higher; CKEC, TPGI, IBCP, NSTC, CMLS, HEB Lower
-
Notable Mergers and Acquisitions of the Day 11/3: BRK.B/BNI, SWK/BDK, PEET/DDRX
-
After-Hours Movers 11/02: BDK, DDRX, ATSI, HLF, HTCH, SNCR, CAR Higher; TNS, HIMX, SVR, TXRH Lower
-
Unusual 11 Mid-Day Movers 11/02: HGSI, EAC, IUSA, VRTX Higher; CIT, YRCW, GTXI, CPF Lower
-
Trading Radar for 11/03: UBS (UBS), Yamana Gold (AUY), Archer-Daniels (ADM), Royal Caribbean (RCL), Marathon (MRO) Report
-
Notable Analyst Rating Changes 11/02: MOT, UFS, GNW, EL, JWN, WY, RCL, CS Upgraded; RIMM, PALM, CMCSA, ERJ, GERN Downgraded
-
Morning Movers 11/02: CIT, HGSI, EAC, VRTX, CTB, BC, F Higher; YRCW, GTXI, FSNM, LDK Lower
-
Notable Mergers and Acquisitions of the Day 11/2: CF/TRA, DNR/EAC, AMZN, CMCSA/GE, USB, LPS
-
Top 10 News Items: 9/26-9/30: Q3 GDP Surprises to the Upside; Dollar Still Dominating Market Action; VIX Spikes Sharply, Now Over 30
-
Unusual 11 Mid-Day Movers 10/30: AXTI, AHC, NANO, HAR Higher; NVTL, ZLC, GFIG, GGC Lower
-
Notable Analyst Rating Changes 10/30: OMX, TXN, RVSN, SXE, DISH Upgraded; MON< VMW, BYD, NDN Downgraded
-
Morning Movers 10/30: PVFC, WPTE, CNXT, HPOL, TVL, MSTR Higher; NVTL, GFIG, TSRA, GGC, IDIX Lower
-
Notable Mergers and Acquisitions of the Day 10/30: CSCO, WPTE
-
After-Hours Movers 10/29: AXTI, ISSI, APKT, GNW, CEC, CSA, LVS Higher; IDIX, NVTL, TSRA, CRDC Lower
-
Trading Radar for 10/30: Sony (SNE), Penske (PAG), Alcatel-Lucent (ALU) Report
-
Unusual 11 Mid-Day Movers 10/29: GIGA, REV, GKK, TBL Higher; TSPT, CPF, KSP, CYTK Lower
-
Morning Movers 10/29: ROIAK, GIGA, HS, TBL, KDN, CATM Higher; TSPT, CPF, CYTK, KSP, FSLR, CLUB, PODD Lower
-
Notable Analyst Rating Change 10/29: FITB, AET, GNW, HGSI, WYN Upgraded; GT, GCI, ATVI, FSLR, KSP Downgraded
-
After-Hours Movers 10/28: GIGA, EGHT, CATM, AKAM, LMAT, LNC Higher; FSLR, FLS, FALC, OI Lower
-
Trading Radar for 10/29: Exxon (XOM), Motorola (MOT), Waste Management (WM) Report
-
Unusual 11 Mid-Day Movers 10/28: CTS, QTM, KWR, CIT, NTRI Higher; KSP, CALC, PSYS, ILMN Lower
-
Trading Radar for 10/28: First Solar (FSLR), ConocoPhillips (COP), WellPoint (WLP), Goodyear (GT), Int. Paper (IP) Report
-
Notable Analyst Rating Changes 10/28: TXN, MOT, TGT, WYNN, ILMN Upgraded; APOL, SNDK, NVDA, X, VCLK Downgraded
-
Morning Movers 10/28: CSBC, QTM, ANIK, RSYS, PEET, WSII Higher; CALC, KSP, PSYS, VCLK, VPHM, GT Lower
-
Notable Mergers and Acquisitions of the Day 10/28: F, GSIC, HAL
-
After-Hours Movers 10/27: WSII, QTM, CQB, RFMD, ANAD Higher; APOL, ILMN, PSYS, SWSI, BWLD Lower
-
Unusual 11 Mid-Day Movers 10/27: HPGP, CTDC, HLND, UCTT Higher; AMFI, CRI, SGMS, IBCP Lower
-
Notable Analyst Rating Changes for 10/27: VZ, TXN, CAKE, MSFT Upgraded; PALM, SGMS, AMX, HRB Downgraded
-
Morning Movers 10/27: HPGP, HLND, TBAC, CTDC, PODD, HSII Higher; ICGN, AMFI, IBCP, CRI, SGMS, PVTB Lower
-
Notable Mergers and Acquisitions of the Day: CSCO, BWY/BLL, RODM/BMRN
-
After-Hours Movers 10/26: ENTR, UCTT, LULU, IVAC, TBAC Higher; ICGN, ZRAN, BIDU, WINN, LTD Lower
-
Trading Radar for 10/27: Visa (V), Baidu.com (BIDU), WYNN Resorts (WYNN), RF Micro (RFMD), BP (BP) Report
