Unusual 11 Mid-Day Movers 01/08: (PERI) (CTIC) (MDCO) Higher; (MDCI) (UNXL) (CY) Lower

January 8, 2013 1:37 PM EST
Perion Network Ltd. (Nasdaq: PERI) 24.9% HIGHER; reported estimates for fourth-quarter and fiscal 2013. For more, click here.

Cell Therapeutics, Inc. (Nasdaq: CTIC) 22.3% HIGHER; moving higher on volume today. Shares are making a strong pop the $1.50 resistance level.

Medical Action Industries Inc. (Nasdaq: MDCI) 12.1% LOWER; following a massive 85 percent rise in 2013, investors are still doing some profit taking here.

Uni-Pixel (Nasdaq: UNXL) 11.3% LOWER could be moving lower following a SeekingAlpha article today.

The Medicines Company (Nasdaq: MDCO) 11.1% HIGHER; announced results for its pivotal Phase 3 clinical trial of cangrelor, which is in development to prevent platelet activation and aggregation that leads to thrombosis in the acute care setting, including in patients undergoing percutaneous coronary intervention (PCI). Click here for more color.

Uranium Resources, Inc. (Nasdaq: URRE) 10.0% HIGHER; announced the expansion and extension of its South Texas exploration agreement with Cameco Texas, Inc. (Cameco), a subsidiary of Power Resources, Inc., which is a subsidiary of Cameco Corporation (NYSE: CCJ).

Team, Inc. (NYSE: TISI) 10.0% HIGHER; reported Q2 EPS of $0.66, $0.06 better than the analyst estimate of $0.60. Revenue for the quarter came in at $201 million versus the consensus estimate of $182.7 million. Sees FY2013 EPS of $1.90-$2.05, versus prior guidance of $1.85-$2.00 and the consensus of $1.96. Sees revs of $700 million to $730 million, versus the consensus of $710.14 million.

Cypress Semiconductor (Nasdaq: CY) 9.3% LOWER; said it expected Q4 revs of $177 million to $179 million and adjusted EPS of 3 cents to 4 cents. The consensus was expecting revs of $193.5 million and EPS of 14 cents.

Pacific Biosciences of California, Inc. (Nasdaq: PACB) 8.9% HIGHER; provider of the PacBio® RS High Resolution Genetic Analyzer, and the University of California, Davis (UC Davis) today announced a partnership for the 100K Pathogen Genome Project. for more color.

Fusion-io (NYSE:
FIO) 8.9% LOWER; William Blair cut the stock to Market Perform. For more color, click here.

Swisher Hygiene (Nasdaq: SWSH) 8.4% LOWER; lower as shares moved back below the $1.50 price level. VOlume is heavy today.

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