Unusual 11 Mid-Day Movers 01/17: (NEWL) (KSWS) (CALI) Higher; (CLSN) (SZYM) (LEAP) Lower

January 17, 2013 12:49 PM EST Send to a Friend
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NewLead Holdings Ltd. (Nasdaq: NEWL) 60.9% HIGHER; announced that the Company has entered into an agreement to acquire title and excavation rights in properties containing 18.6 million tons of estimated coal reserves for $11.0 million. NewLead also entered into an agreement to acquire ownership and leasehold interests in properties containing approximately 143.1 million tons of coal for $55.0 million.

K•Swiss, Inc. (Nasdaq: KSWS) 60.9% HIGHER; K•Swiss and E.Land World Ltd. announced today entry into a definitive agreement pursuant to which E.Land World will acquire all of the outstanding common stock of K•Swiss for $4.75 per share in cash, or a total equity value of approximately $170 million.

China Auto Logistic Inc. (Nasdaq: CALI) 26.5% HIGHER; China Auto showing some strength following a massive slide recently.

Goldfield Corp. (NYSE: GV) 18.8% HIGHER; Goldfield is pushing above the $2.20 and $2.50 resistance levels on volume, up 36 percent the last three sessions.

Nautilus, Inc. (NYSE: NLS) 12.6% HIGHER; announced its preliminary, unaudited results for the fourth quarter and year ended December 31, 2012. For the numbers, click here.

Elephant Talk (NYSE: ETAK) 10.8% HIGHER; entered a new contract for its SDN platform in LatAm and issued preliminary fourth-quarter numbers. For the read, click here.

Celsion Corporation (Nasdaq: CLSN) 7.8% LOWER; continuing lower after a negative blog post on Wednesday. Brean Capital cut shares two-notches to Sell this morning. Click here for more color.

Solazyme, Inc. (Nasdaq: SZYM) 7.7% LOWER; intends to offer, subject to market and other considerations, $100 million aggregate principal amount of Convertible Senior Subordinated Notes due 2018 in a private placement under the Securities Act of 1933, as amended.

Leap Wireless (Nasdaq: LEAP) 7.7% LOWER; Jefferies downgraded the stock from Hold to Underperform today. Click here for more color.

Power-One, Inc. (Nasdaq: PWER) 7.6% LOWER; provided an updated outlook for its fourth quarter 2012 financial results. For the guidance, click here.

MELA Sciences, Inc. (Nasdaq: MELA) 7.3% LOWER; filed its presentation from the Needham Growth Conference. For the presentation slides, click here

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