Unusual 11 Mid-Day Movers 01/14: (AZK) (HALO) (CXPO) Higher; (TELK) (BIOL) (NTE) Lower
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Aurizon Mines Ltd. (AMEX: AZK) 33.1% HIGHER; Alamos Gold to acquire Aurizon for C$4.65 per share. Click here for more color.
Telik, Inc. (Nasdaq: TELK) 21.1% LOWER; was notified last Friday that its product candidate, ezatiostat HCL (Telintra), has been granted orphan drug designation by the US Food and Drug Administration (FDA) for the treatment of myelodysplastic syndrome (MDS).
BIOLASE, Inc. (Nasdaq: BIOL) 14.8% LOWER; moving back above the $2.50 level today on strong volume. The stock has made some strong gains since the start of January, punching above $2 just a few days ago.
Nam Tai Electronics, Inc. (NYSE: NTE) 14.1% LOWER; set its fourth-quarter release for January 28th.
Halozyme Therapeutics (Nasdaq: HALO) 14.0% HIGHER; BMO Capital upgraded the stock to Outperform, increasing its price target to $12.
Education Management Corp. (Nasdaq: EDMC) 11.1% LOWER; shares have been volatile lately, dropping back below $4 for only the second time since early December.
Crimson Exploration, Inc. (Nasdaq: CXPO) 10.7% HIGHER; Stifel Nicolaus boosted its rating to Buy on Crimson, setting a price target of $3.75.
Research In Motion (Nasdaq: RIMM) 10.1% HIGHER; moving higher into the debut of BlackBerry 10 at the end of the month.
Fifth & Pacific Companies, Inc. (NYSE: FNP) 10.1% HIGHER; sees FY12 adjusted EBITDA up 25 percent. Net sales are expected to be $1.505 billion in 2012, versus consensus views calling for $1.48 billion.
Xyratex Ltd (Nasdaq: XRTX) 10.0% HIGHER; large shareholder Baker Street is urging a sale of the company. For more color, click here.
hhgregg, Inc. (NYSE: HGG) 8.9% LOWER; preliminary third-quarter 2013 results were lower than expectations and the retailer trimmed FY13 views. For more color, click here.
Cirrus Logic (Nasdaq: CRUS) 8.0% LOWER; lower as Apple suppliers are pressured today on word that iPhone 5 demand might be worse than previous expectations.
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Telik, Inc. (Nasdaq: TELK) 21.1% LOWER; was notified last Friday that its product candidate, ezatiostat HCL (Telintra), has been granted orphan drug designation by the US Food and Drug Administration (FDA) for the treatment of myelodysplastic syndrome (MDS).
BIOLASE, Inc. (Nasdaq: BIOL) 14.8% LOWER; moving back above the $2.50 level today on strong volume. The stock has made some strong gains since the start of January, punching above $2 just a few days ago.
Nam Tai Electronics, Inc. (NYSE: NTE) 14.1% LOWER; set its fourth-quarter release for January 28th.
Halozyme Therapeutics (Nasdaq: HALO) 14.0% HIGHER; BMO Capital upgraded the stock to Outperform, increasing its price target to $12.
Education Management Corp. (Nasdaq: EDMC) 11.1% LOWER; shares have been volatile lately, dropping back below $4 for only the second time since early December.
Crimson Exploration, Inc. (Nasdaq: CXPO) 10.7% HIGHER; Stifel Nicolaus boosted its rating to Buy on Crimson, setting a price target of $3.75.
Research In Motion (Nasdaq: RIMM) 10.1% HIGHER; moving higher into the debut of BlackBerry 10 at the end of the month.
Fifth & Pacific Companies, Inc. (NYSE: FNP) 10.1% HIGHER; sees FY12 adjusted EBITDA up 25 percent. Net sales are expected to be $1.505 billion in 2012, versus consensus views calling for $1.48 billion.
Xyratex Ltd (Nasdaq: XRTX) 10.0% HIGHER; large shareholder Baker Street is urging a sale of the company. For more color, click here.
hhgregg, Inc. (NYSE: HGG) 8.9% LOWER; preliminary third-quarter 2013 results were lower than expectations and the retailer trimmed FY13 views. For more color, click here.
Cirrus Logic (Nasdaq: CRUS) 8.0% LOWER; lower as Apple suppliers are pressured today on word that iPhone 5 demand might be worse than previous expectations.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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