Special Reports

Imperial Sugar Co. (NASDAQ: IPSU) 52.6% HIGHER; reported Q1 EPS of ($0.29), versus ($0.75) reported last year. Revenue for the quarter came in at $227.68 million, versus $227.39 million reported last year.

Diamond Foods (Nasdaq: DMND) 35.9% LOWER; reports audit committee finds 2010, 2011 financials need to be restated. The company's Chairman and CEO Mendes and CFO Neil have been put on administrative leave. Since the initial release, a number of sources have said P&G (NYSE: PG) will evaluate the next steps in the sale of Pringles.

iRobot Corp. (NASDAQ: IRBT) 32.3% LOWER; reported Q4 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $130.8 million versus the consensus estimate of $134.08 million. Sees FY2012 EPS of $0.75-$0.85, versus the consensus of $1.45. Sees FY2012 revenue of $465-$485 million, versus the consensus of $529.26 million. Sees Q1 2012 EPS of $-0.08-$0.00, versus the consensus of $0.30. Sees Q1 2012 revenue of $90-$100 million, versus the consensus of $120.63 million.

Support.com, Inc. (NASDAQ: SPRT) 22% HIGHER; reported Q4 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $15 million versus the consensus estimate of $13 million.

Apricus Biosciences, Inc. (Nasdaq: APRI) 18.3% LOWER; has priced an underwritten public offering of 4,938,272 units at a price to the public of $4.05 per unit, for gross offering proceeds of $20.0 million.

Taleo (Nasdaq: TLEO) 16.9% HIGHER; Oracle (Nasdaq: ORCL) buys Taleo for $46 per share.

Tripadvisor (NASDAQ: TRIP) 16.4% LOWER; reported Q4 EPS of $0.16, vs. the analyst estimate of $0.24. Revenue for the quarter came in at $137.8 million versus the consensus estimate of $133.51 million. The stock was downgraded at Benchmark and Lazard.

Array BioPharma Inc. (NASDAQ: ARRY) 16% LOWER; announced today the pricing of an underwritten public offering of 20,000,000 primary shares of its common stock at a public offering price of $2.60 per share.

Intl Fcstone, Inc. (NASDAQ: INTL) 15% LOWER; reported Q1 EPS of ($0.02), versus $0.22 reported last year. Revenue for the quarter came in at $96.3 million, versus $96.7 million reported last year.

Thoratec Corp (NASDAQ: THOR) 13.5% HIGHER; reported Q4 EPS of $0.38, $0.05 better than the analyst estimate of $0.33. Revenue for the quarter came in at $109.4 million versus the consensus estimate of $107.56 million. Sees FY2012 EPS of $1.58-$1.68, versus the consensus of $1.65. Sees FY2012 revenue of $445-$460 million, versus the consensus of $459.3 million.

Pacer International, Inc. (NASDAQ: PACR) 12.9% LOWER; reported Q4 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $358 million versus the consensus estimate of $367.24 million. Sees FY2012 EPS of $0.35-$0.41, versus the consensus of $0.38. Sees FY2012 revenue of $1.5-$1.52 billion, versus the consensus of $1.53 billion.

A123 Systems (NASDAQ: AONE) 12.4% LOWER; Wunderlich Securities downgraded the stock from Hold to Sell, price target lowered from $3.00 to $0.50.

Groupon (NASDAQ: GRPN) 11.8% LOWER; reported Q4 EPS of ($0.02), $0.05 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $506.5 million versus the consensus estimate of $475.15 million. Sees Q1 sales of $510-$550 million, which compares to the Street estimate of $500.89 million.

Anacor Pharmaceuticals (Nasdaq: ANAC) 11.3% LOWER; today announced the sale of 3.25 million shares of its common stock for gross proceeds of $21,450,000 pursuant to an underwriting agreement with Canaccord Genuity acting as the sole bookrunner.

Furniture Brands Int'l (NYSE: FBN) 11.1% LOWER; reported Q4 EPS of ($0.17), $0.03 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $255.54 million versus the consensus estimate of $271.97 million.

Neurocrine Biosciences, Inc. (NASDAQ: NBIX) 10.9% LOWER; reported Q4 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $11.1 million versus the consensus estimate of $12.08 million. Sees FY2012 EPS of $-0.21-$-0.14, versus the consensus of $0.02. Sees FY2012 revenue of $40-$45 million, versus the consensus of $51.72 million. The Company expects to have a net cash burn from operations of approximately $40 to $45 million in 2012.

Akamai Technologies, Inc. (NASDAQ: AKAM) 10.5% HIGHER; reported Q4 EPS of $0.45, $0.05 better than the analyst estimate of $0.40. Revenue for the quarter came in at $324 million versus the consensus estimate of $311.26 million. Expecting Q1 sales of $305-$313 million and adj-EPS of 36-39 cents. The Street is currently expecting Q1 sales of $304.82 million and EPS of 39 cents.

Aeroflex Holdings (NYSE: ARX) 10% LOWER; reported Q4 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $171.1 million versus the consensus estimate of $165.18 million. Sees Q3 2012 EPS of $0.14-$0.17, versus the consensus of $0.26. Sees Q3 2012 revenue of $167-$177 million, versus the consensus of $188.68 million. Sees FY2012 EPS of $0.73-$0.79, versus the consensus of $1.09. Sees FY2012 revenue of $700-$720 million, versus the consensus of $796.5 million.

Accuray Inc. (NASDAQ: ARAY) 9.5% HIGHER; reported Q2 EPS of ($0.10), $0.09 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $106.42 million versus the consensus estimate of $100.75 million. Sees FY2012 revenue of $400-$415 million, versus the consensus of $409.72 million.

UPGRADES
Macquarie upgrades Walgreen (NYSE: WAG) from Neutral to Outperform.

Jefferies lifts Celanese (NYSE: CE) from Hold to Buy, its price target moved from $50 to $65. Click Here for more color.

Morgan Stanley boosts shares of CIT Group (NYSE: CIT) from Equalweight to Overweight.

Compass Point upgraded Regions Financial (NYSE: RF) from Neutral to Buy, price target raised from $5.60 to $7.50.

For daily real-time Upgrades go to http://www.streetinsider.com/Upgrades

DOWNGRADES
Deutsche Bank reduces 3M (NYSE: MMM) from Buy to Hold with a price target of $95. Click Here for more color.

Jefferies downgrades Joy Global (NYSE: JOY) from Buy to Hold, its price target lowered from $100 to $90. Click Here for more color.

Wunderlich Securities lowers A123 Systems (Nasdaq: AONE) from Hold to Sell, slashing its price target from $3.00 to $0.50.

Credit Suisse cuts Elan Corp (NYSE: ELN) from Outperform to Neutral.

For daily real-time Downgrades go to http://www.streetinsider.com/downgrades

NEW COVERAGE
Mizuho Securities initiates Apple (Nasdaq: AAPL) with a Buy and price target $635.

Nomura Securities assumes Boyd Gaming (NYSE: BYD) at Neutral and $10.50 price target.

Hilliard Lyons starts Realty Income (NYSE: O) with a Long-Term Buy and $38 price target.

Mizuho Securities begins Hewlett-Packard (NYSE: HPQ) with a Neutral and price target $30.

For daily real-time New Coverage go to http://www.streetinsider.com/New+Coverage

The following is a list of companies trading ex-dividend February 10th, which produce some of the best yields on the Street:

• Wisconsin Energy Corp. (NYSE: WEC), paying 30 cents with a current yield of 3.5%;
  
  
• CA, Inc., (Nasdaq: CA), paying 25 cents with a current yield of 3.7%;
  
  
• United Online, Inc. (Nasdaq: UNTD), paying 10 cents with a current yield of 6.8%; and
  
  
• SandRidge Permian Trust (NYSE: PER), paying 55.25 cents with a current yield of 9.5%.

• Oracle (NASDAQ: ORCL) today announced that it has entered into an agreement to acquire Taleo Corporation (NASDAQ: TLEO), a leading provider of cloud-based talent management for $46.00 per share or approximately $1.9 billion, net of Taleo's cash and debt. Taleo's Talent Management Cloud helps organizations attract, develop, motivate and retain human capital to improve performance and drive growth.
  
  Together, Oracle and Taleo expect to create a comprehensive cloud offering for organizations to manage their Human Resource operations and employee careers. The combination is expected to empower employees and managers to effectively manage careers throughout their entire employment, enable organizations to retain talent and optimize costs, and improve the employee experience through faster on boarding and better collaboration with team members via social media.
  
  The Board of Directors of Taleo has unanimously approved the transaction. The transaction is expected to close mid-year 2012, subject to Taleo stockholder approval, certain regulatory approvals and other customary closing conditions.

Below are stocks making major moves in pre-open trading Thursday:

HIGHER:
Imperial Sugar Company (NASDAQ: IPSU) 29% HIGHER; narrows Q1 loss
Taleo Corporation (NASDAQ: TLEO) 17% HIGHER; takeover by Oracle (Nasdaq: ORCL)
Support.com, Inc. (NASDAQ: SPRT) 14% HIGHER; tops Q4 views
Akamai Technologies, Inc. (NASDAQ: AKAM) 13% HIGHER; tops Q4 views, solid guidance
Thoratec Corp (NASDAQ: THOR) 10% HIGHER; tops Q4 views
Globecomm Systems, Inc. (NASDAQ: GCOM) 7% HIGHER; tops Q2 views
Select Comfort Corp (NASDAQ: SCSS) 6% HIGHER; tops Q4 views
Roadrunner Transportation Systems (NYSE: RRTS) 6% HIGHER; tops Q4 views
Six Flags (NYSE: SIX) 5% HIGHER; raises div
Crocs, Inc. (NASDAQ: CROX) 5% HIGHER; Seeks Growth Opportunities in Brand Licensing
Level 3 (Nasdaq: LVLT) 4% HIGHER; upgraded
Visa (NYSE: V) 3% HIGHER; tops Q1 views
Yahoo! Inc. (NASDAQ: YHOO) 2% HIGHER; possible deal on selling Alibaba stake
Apple Inc. (NASDAQ: AAPL) 1% HIGHER; positive analyst comments.

LOWER:
Diamond Foods (Nasdaq: DMND) 41% LOWER; 2010, 2011 restatement, improper payments, CEO and CFO to resign.
Pizza Inn, Inc. (Nasdaq: PZZI) 23% LOWER; Q2 results
iRobot Corp. (NASDAQ: IRBT) 20% LOWER; Q4 results and lower guidance.
Tripadvisor (NASDAQ: TRIP) 17% LOWER; misses Q4 views
Mad Catz Interactive Inc Common (AMEX: MCZ) 16% LOWER; Q3 results
Groupon (NASDAQ: GRPN) 11% LOWER; misses Q4 EPS views
Affymetrix, Inc. (NASDAQ: AFFX) 6% LOWER; misses Q4 views
A123 Systems, Inc. (NASDAQ: AONE) 5% LOWER; downgraded
Triquint Semiconductor, Inc. (NASDAQ: TQNT) 3% LOWER; Q3 results, guidance
Pepsico (NYSE: PEP) 3% LOWER; Q4 results, restructuring
Electronic Arts Inc. (NYSE: EA) 2% LOWER; CFO to leave
Sirius XM Radio Inc. (NASDAQ: SIRI) 1% LOWER; Q4 results
3M (NYSE: MMM) 1% LOWER; downgraded