Unusual 11 Mid-Day Movers 07/16: (ALNY) (PRX) (CONM) Higher; (ANR) (AUTH) (VISN) Lower

July 16, 2012 12:56 PM EDT Send to a Friend
Alnylam Pharmaceuticals, Inc. (Nasdaq: ALNY) 22.6% HIGHER; announced today the achievement of positive clinical results from its Phase I trial with ALN-TTR02, an RNAi therapeutic targeting the transthyretin gene for the treatment of TTR-mediated amyloidosis. Click here to see the full report.

Par Pharmaceutical Companies, Inc. (NYSE: PRX) 38.3% HIGHER; announced today that it has entered into a definitive merger agreement to be acquired by an affiliate of TPG in a transaction valued at $50/share in cash.

Alpha Natural Resources (NYSE: ANR) 13.2% LOWER; BMO Capital downgraded the stock from Outperform to Underperform with a price target of $5.00 (from $18.00).

Conmed Healthcare Management, Inc. (Amex: CONM) 13.2% HIGHER; and Correct Care Solutions, LLC (CCS) today announced that they have entered into a definitive merger agreement providing for CCS to acquire Conmed, for $3.95 per share in cash.

AuthenTec, Inc. (Nasdaq: AUTH) 11.6% HIGHER; is jumping higher after announcing that Samsung has chosen its QuickSec VPN security for use in new Android smartphone and tablet models.

VisionChina Media Inc. (Nasdaq: VISN) 10.0% LOWER; lowered Q2 expectations. Now sees service revs of $28 million to $29 million, from $40 million to $43 million prior. Non-GAAP net loss is expected to be $20 million to $22 million, from $5 million to $8 million prior.

North American Palladium Ltd. (AMEX: PAL) 9.2% HIGHER; issued an update on its 2012 exploration program at the Company's Lac des Iles ("LDI") palladium mine in Northern Ontario. For a rundown, click here.

Gardner Denver, Inc. (NYSE: GDI) 9.1% LOWER; today announced that Barry L. Pennypacker has resigned as president, chief executive officer and director. Michael M. Larsen, vice president and chief financial officer, has been named interim CEO, effective immediately.

Nektar Therapeutics (Nasdaq: NKTR) 9.0% HIGHER; making a strong move above the $8.50 resistance level today.

Arch Coal Inc (NYSE: ACI) 8.8% LOWER; downgraded from Market Perform to Underperform at BMO Capital, with a price target of $4. For more color, click here.

Amyris, Inc. (Nasdaq: AMRS) 8.9% LOWER; shares have been moving all over since May. Recently, the stock got above the 50-day SMA and is currently sandwiched between that and the 100-day, which are at $2.85 and $3.68, respectively.

To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

BMO Capital, Unusual 11 Mid-Day Movers

Add Your Comment