Unusual 11 Mid-Day Movers 01/29: (MLNK) (KERX) (SOMH) Higher; (OXF) (VMW) (ANAC) Lower

January 29, 2013 12:56 PM EST Send to a Friend
ModusLink Global Solutions, Inc. (Nasdaq: MLNK) 31.5% HIGHER; rebounding strong after falling 18.3 the last two sessions.

Oxford Resource Partners, LP (NYSE: OXF) 31.0% LOWER; determined, based upon continued weakness in the coal markets, to suspend the cash distributions on both its common and subordinated units for its fourth quarter ended December 31, 2012. In making this decision, the Board concluded that it was in the best interests of the Partnership to further preserve liquidity.

Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX) 29.9% HIGHER; making another move higher again following strong phase 3 results for Zerenex. For today's analyst rundown, click here.

Somerset Hills Bancorp (Nasdaq: SOMH) 24.9% HIGHER; Lakeland Bancorp, Inc. (Nasdaq: LBAI) will acquire Somerset Hills for about $12 per share. Click here for more color.

VMware (NYSE: VMW) 21.0% LOWER; reported decent quarterly results, though revenue guidance for Q113 and FY13 caused some concern. For more color, click here.

Anacor Pharmaceuticals (Nasdaq: ANAC) 20.7% LOWER; reported that 6.5 percent of patients in a Phase 3 for tavaborole met the primary endpoint of "complete cure." For more on the first trial, click here.

Sanmina-SCI Corp (Nasdaq: SANM) 18.3% LOWER; reported Q1 EPS of $0.29, $0.05 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $1.49 billion versus the consensus estimate of $1.53 billion. Sees Q2 revs of $1.4-$1.45 billion, versus the consensus of $1.5 billion and EPS of $0.26-$0.32, versus the consensus of $0.32.

OCZ Technology Group, Inc. (Nasdaq: OCZ) 16.4% LOWER; moving lower amid an eased outlook issued by Seagate (Nasdaq: STX) on Monday night.

Aeterna Zentaris (Nasdaq: AEZS) 15.3% HIGHER; might be seeing a rally on Keryx news.

Sierra Wireless, Inc. (Nasdaq: SWIR) 14.2% HIGHER; announced plans to sell substantially all of the assets and operations related to its AirCard business to NETGEAR, Inc. (Nasdaq: NTGR) for $138 million in cash plus approximately $6.5 million in assumed liabilities as of December 31, 2012.

D.R. Horton, Inc. (NYSE: DHI) 10.3% HIGHER; reported Q1 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.2 million versus the consensus estimate of $1.1 million.

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