Unusual 11 Mid-Day Movers 04/12: (CLNT) (SBGI) (BCRX) Higher; (CRMB) (INFY) (ALVR) Lower

April 12, 2013 12:38 PM EDT
Cleantech Solutions Int. (Nasdaq: CLNT) 37.0% HIGHER; reported Q1 EPS of $0.17, versus $0.31 reported last year. Revenue for the quarter came in at $17.6 million, versus $13.7 million reported last year.

Crumbs Bake Shop, Inc. (Nasdaq: CRMB) 33.3% LOWER; reported Q4 EPS of ($0.49), versus ($0.32) reported last year. Revenue for the quarter came in at $10.8 million, versus $11 million reported last year.

Infosys Technologies Ltd (Nasdaq: INFY) 20.8% LOWER; reported Q4 EPS of $0.78, $0.04 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.99 billion. For FY14 revenues are expected to grow 6% to 10%.

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) 14.8% HIGHER; bouncing after announcing it would acquire Fisher Communications.

Alvarion Ltd. (Nasdaq: ALVR) 14.5% LOWER; announced that Hezi Lapid has resigned as President and Chief Executive Officer of the Company. Mr. Lapid will remain in his position until such time that a smooth transition is completed.

BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) 12.7% HIGHER; higher today on additional bird flu deaths and lingering concerns in China.

National Bank of Greece (NYSE: NBG) 11.0% LOWER; in part, announced an extraordinary meeting of shareholders.

Alexco Resource Corp. (AMEX: AXU) 10.7% LOWER; reported silver production of 379,616 ounces during the first quarter of 2013, from its Bellekeno mine, located in the Keno Hill Silver District in Canada's Yukon Territory. As previously indicated, production was lower in the first quarter of 2013 compared to the same period a year ago due to sequencing of mining through lower-grade areas of the SW Zone, resulting in an average silver head grade of 636 grams per tonne (gpt). In contrast, mining in the comparative quarter of 2012 sequenced through higher grade central areas of the SW and 99 Zones, which are also the general areas scheduled for mining later in 2013. Although silver ounces produced in the first quarter of 2013 decreased due to the lower grade, mill throughput remained solid at an average 223 tonnes per day for the quarter, essentially matching mine production.

bebe stores, inc. (Nasdaq: BEBE) 9.5% HIGHER; bouncing higher amid an 8.9 percent drop in comps reported Thursday.

InterOil Corporation (NYSE: IOC) 8.5% HIGHER; popping on reports it nearing a deal with Shell for its Papua New Guinea project.

Atlantic Power (NYSE: AT) 8.1% HIGHER; Macquarie upgraded Atlantic Power from Underperform to Neutral.

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