Pre-Open Movers 02/04: (APKT) (RMTI) (SONS) Higher; (HLF) (BUD) (NUS) Lower (more...)

February 4, 2013 9:38 AM EST
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Acme Packet (NASDAQ: APKT) 23% HIGHER; Oracle entered into an agreement to acquire Acme Packet for $29.25 per share or approximately $1.7 billion, net of Acme Packet's cash.

Rockwell Medical (NASDAQ: RMTI) 22% HIGHER; announced successful topline results from the PRIME clinical study of Soluble Ferric Pyrophosphate (SFP), its investigational iron-delivery drug currently in Phase 3 clinical studies for the treatment of iron deficiency in hemodialysis patients. The PRIME study demonstrated that regular administration of SFP-iron via dialysate reduced the usage of erythropoietin stimulating agents (ESAs) during hemodialysis by 37.1% while maintaining iron balance and maximizing iron deliver

Sonus Networks, Inc. (NASDAQ: SONS) 11% HIGHER; Up on Acme Packet takeover

Herbalife Ltd. (NYSE: HLF) 10% LOWER; The New York Post, after the FTC responded to a Freedom of Information Law request by The Post, reported existence of a federal probe.

Maxwell Technologies (NASDAQ: MXWL) 5% HIGHER; Piper Jaffray upgraded from Neutral to Overweight with a price target of $11.50 (from $7.00).

BlackBerry (NASDAQ: BBRY) 5% HIGHER; upgraded at Bernstein

Infinera Corporation (NASDAQ: INFN) 5% HIGHER; MKM Partners upgraded from Neutral to Buy.

Anheuser-Busch InBev (NYSE: BUD) 3% LOWER; downgraded at BofA/Merrill Lynch

Tenaris SA (NYSE: TS) 3% LOWER; downgraded at UBS

Nu Skin (NYSE: NUS) 3% LOWER; down on Herbalife (HLF) probe

Riverbed Technology, Inc. (NASDAQ: RVBD) 2% HIGHER; Up on Acme Packet takeover

LeapFrog Enterprises Inc. (NYSE: LF) 2% LOWER; downgraded at Ascendiant

Merck & Co. Inc. (NYSE: MRK) 2% LOWER; multiple downgrades

Western Union Co. (NYSE: WU) 2% HIGHER; Deutsche Bank upgraded from Hold to Buy with a price target of $19.00 (from $14.00).

Blyth, Inc. (NYSE: BTH) 2% LOWER; down on Herbalife (HLF) probe

Vodafone Group (NYSE: VOD) 2% LOWER; downgraded at Citi

Chevron Corporation (NYSE: CVX) 2% LOWER; downgraded at UBS

Oracle Corporation (NASDAQ: ORCL) 1% LOWER; down on Acme Packet acquisition

Wal-Mart Stores Inc. (NYSE: WMT) 2% LOWER; downgraded at JP Morgan

NXP Semiconductors N.V. (NASDAQ: NXPI) 1% LOWER; announced today the pricing of the previously announced secondary offering of 30,000,000 shares of its common stock to be sold by certain of its principal stockholders, including affiliates of funds managed or advised by AlpInvest Partners B.V., Apax Partners LLP, Bain Capital Partners, LLC, Kohlberg Kravis Roberts & Co. L.P. and Silver Lake Technology Management, LLC, pursuant to NXP's shelf registration statement on Form F-3, at a price to the public of $30.35 per share

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Piper Jaffray, Deutsche Bank, UBS, JPMorgan, Citi, Merrill Lynch, Bank of America, Bain Capital, Kohlberg Kravis Roberts, Apax Partners

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