Unusual 11 Mid-Day Movers 11/19: TTIL, NWY, NLST, ALN Higher; TIXC, MVIS, NGD, BOFL Lower
TTI Telecom (NASDAQ: TTIL) 25.4% HIGHER; reports Q3 EPS of $0.07, 7 cents better than the analyst estimate of $0.00. Revenue for the quarter was $10.3 million, which compares to the estimate of $11.75 million.
Tix Corp. (Nasdaq: TIXC) 23.9% LOWER; continuing lower today as the stock broke below the $3 level yesterday, a technical level that was seemingly a strong support level.
Microvision, Inc. (NASDAQ: MVIS) 20.2% LOWER; today announced the pricing of an underwritten public offering of 6.7 million shares of its common stock at a price to the public of $3.00 per share. Microvision has granted the underwriters a 30-day option to purchase up to an additional 1.0 million shares of its common stock to cover over-allotments, if any
New York & Company Inc. (NYSE: NWY) 18.7% HIGHER; reports Q3 loss of $0.11, versus the analyst estimate of ($0.08). Revenue for the quarter was $227.9 million, which compares to the estimate of $231.89 million.
New Gold Inc. (AMEX: NGD) 17.7% LOWER; announced that it is cooperating with Mexican government authorities and pursuing all legal appeals after the company was notified yesterday that it must suspend mining operations at its Cerro San Pedro Mine, known regionally as Minera San Xavier. Although mining has been suspended, gold recovery operations of existing inventory on the leach pads are continuing.
Bank of Florida (Nasdaq: BOFL) 15.3% LOWER; downgraded two-notches from Outperform to Underperform at Raymond James.
Netlist (Nasdaq: NLST) 14.9% HIGHER; has risen more than 800% over the last month. The company unveiled its 16GB, 2 virtual rank memory module on Wednesday of last week.
Kulicke & Soffa (NASDAQ: KLIC) 13.4% LOWER; reports Q4 non-GAAP EPS of $0.14, 10 cents better than the analyst estimate of $0.04. Revenue for the quarter was $110.5 million, which compares to the estimate of $102.67 million. Sees Q110 revs of $115 - $120 million
American Lorain Corporation (AMEX: ALN) 12.6% HIGHER; reaffirms guidance for FY09 and sets guidance for FY10. Sees FY09 revs of $146 - $148 million, versus $146.60 million consensus. Now sees FY10 revs of $182 - $190 million. There is no consensus for FY10 revs.
Bon-Ton Stores (NASDAQ: BONT) 10% HIGHER; reports Q3 loss of $0.24, versus the analyst estimate of ($1.30). Revenue for the quarter was $703.9 million, which compares to the estimate of $704.06 million.
Stein Mart, Inc. (NASDAQ: SMRT) 10% HIGHER; reports Q3 EPS of $0.07, 14 cents better than the analyst estimate of ($0.07). Revenue for the quarter was $270.2 million, which compares to the estimate of $290.65 million.
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