Android app on Google Play

Unusual 11 Mid-Day Movers 07/27: (AUTH) (HMPR) (BCOR) Higher; (GDOT) (RSYS) (ATPG) Lower

July 27, 2012 1:25 PM EDT Send to a Friend
Get Alerts AUTH Hot Sheet
Trade AUTH Now!
Join SI Premium – FREE
AuthenTec, Inc. (Nasdaq: AUTH) 64.9% HIGHER; Apple (Nasdaq: AAPL) agreed to acquire fingerprint sensor developer AuthenTec for $8 per share.

Green Dot (NYSE: GDOT) 56.8% LOWER; reported Q2 EPS of $0.35, $0.03 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $136.7 million versus the consensus estimate of $141.69 million. Green Dot sees FY2012 EPS of $1.29-$1.32, versus the consensus of $1.69 and revenue of $534-$543 million, versus the consensus of $585.75 million. The stock was downgraded by KBW, JMP, JPMorgan, Deutsche Bank, SunTrust, William Blair, Jefferies, Sterne Agee and Wedbush this morning.

Radisys Corp (Nasdaq: RSYS) 32.5% LOWER; reported Q2 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $77.6 million versus the consensus estimate of $82.67 million.

ATP Oil & Gas (Nasdaq: ATPG) 28.3% LOWER; lower following speculation the commodity producer/explorer might be in trouble with bondholders.

Hampton Roads Bankshares (Nasdaq: HMPR) 26.4% HIGHER; Hampton Roads moving above the $2.00 price level following strong earnings from regional peers.

Blucora (Nasdaq: BCOR) 25.7% HIGHER; reported Q2 EPS of $0.23, $0.09 better than the analyst estimate of $0.14. Revenue for the quarter came in at $100.9 million versus the consensus estimate of $94.88 million.

Medifast (NYSE: MED) 25.6% HIGHER; reported Q2 EPS of 47 cents, vs. cons. of 36 cents, on sales $93.6 million, which compares to the Street estimate of $87.78 million.

Expedia (Nasdaq: EXPE) 21.1% HIGHER; reported Q2 EPS of $0.89, $0.18 better than the analyst estimate of $0.71. Revenue for the quarter came in at $1.04 billion versus the consensus estimate of $990.7 million.

A123 Systems (Nasdaq: AONE) 21.1% LOWER; announced that Dr. Paul E. Jacobs, chairman of the board and chief executive officer of Qualcomm Incorporated, has resigned from A123's Board of Directors, effective July 23, 2012.

Horizon Pharma (Nasdaq: HZNP) 20.3% LOWER; announces FDA approval of RAYOS.

OCZ Technology Group, Inc. (Nasdaq: OCZ) 18.4% HIGHER; the company is being mentioned as a takeover target for Seagate Technology PLC (NYSE: STX). Last week, Funzilla discussed a potential Seagate bid for the company. Today, the Register said Seagate may pay $475-$550 million in cash and $525-$450 million in stock for OCZ. Micron (NYSE: MU) and Western Digital (NYSE: WDC) may also be interested in the company.

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




You May Also Be Interested In


Related Categories

Special Reports

Related Entities

Deutsche Bank, William Blair, JPMorgan, Jefferies & Co, Sterne Agee, Unusual 11 Mid-Day Movers, Earnings

Add Your Comment