Unusual 11 Mid-Day Movers 11/25: LEN, TLB, CHRS, JNY Higher; ZLC, RTP, FR, LINTA, RIMM Lower

November 25, 2008 11:55 AM EST

Zale (NYSE: ZLC) 40.6% LOWER; reports Q1 loss of $1.43 per share, worse than the consensus of a $0.95 loss. Revenues came in at $364 million, versus the consensus of $381.9 million.

Lennar (NYSE: LEN) 38.% HIGHER; in addition to upside related to the TALF, UBS also upgraded shares of Lennar to Buy earlier. The firm has an $8 price target on the stock.

The Talbots, Inc. (NYSE: TLB) 36.8% HIGHER; reports Q3 loss of $0.28, 6 cents lower than the analyst estimate of ($0.22). Revenue for the quarter was $357 million, versus the consensus of $357 million. Same store sales for the quarter fell 13.9%.

Charming Shoppes, Inc. (Nasdaq: CHRS) 36.7% HIGHER; reports Q3 loss of $0.21, ex-items, versus the analyst estimate of ($0.36). Revenue for the quarter was $553.1 million, versus the consensus of $536.83 million. Same store sales fell 9% during the quarter. Sees Q4 sales of $650-$660 million, versus the consensus of $650.24 million, and a loss of $0.32-$0.38, versus the Street estimate of ($0.19).

Rio Tinto (NYSE: RTP) 35% LOWER; BHP Billiton (NYSE: BHP) terminated its offer for Rio Tinto.

Jones Apparel (NYSE: JNY) 32.3% HIGHER; trading higher for reasons similar to that listed below for Tween Brands. The stock is also feeling a boost from a Mad Money tout by Cramer last night.

Tween Brands (NYSE: TWB) 28.3% HIGHER; retailers are seeing upside today following better-than-expected economic data: consumer confidence for the month came in at 44.9, compared to the consensus of 38.

Lifetime Fitness (NYSE: LTM) 23.2% HIGHER; Green Equity Investors disclosed a 9.2% stake in the company yesterday after the close.

First Industrial Realty Trust (NYSE: FR) 16.7% LOWER; REIT's are seeing downside today following a negative report on the space from analysts at Goldman Sachs.

Liberty Media Corporation (Nasdaq: LINTA) 14% LOWER; today announced that it has chosen to unwind 50% of the first tranche of a DIRECTV equity collar it entered into in April 2008.

Research In Motion (Nasdaq: RIMM) 9.2% LOWER; seeing downside today possibly related to a negative analyst report considering a potential slowdown in mobile-phone sales worldwide given the current economic environment.

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

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