Unusual 11 Mid-Day Movers 12/12: (YMI) (JKS) (LDK) Higher; (CENT) (ACUR) (CIE) Lower
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YM BioSciences Inc. (NYSE: YMI) 77.3% HIGHER; Gilead Sciences, Inc. (Nasdaq: GILD) to acquire for $2.95 per share in cash.
JinkoSolar Holding Co., Ltd. (NYSE: JKS) 23.6% HIGHER; higher as China is said to have set aside $2 billion for domestic solar installations in FY12. In total, the expenditures cover 5.2 gigawatts (GW) of capacity.
LDK Solar Co. (NYSE: LDK) 21.1% HIGHER; see JinkoSolar above.
JA Solar (Nasdaq: JASO) 20.2% HIGHER; see JinkoSolar above.
Yingli Green Energy (NYSE: YGE) 20.4% HIGHER; see JinkoSolar above.
Trina Solar (NYSE: TSL) 20.0% HIGHER; see JinkoSolar above.
Central Garden and Pet (Nasdaq: CENT) 13.1% LOWER; reported Q4 EPS of ($0.21), in-line with the analyst estimate of ($0.21). Revenue for the quarter came in at $397.2 million versus the consensus estimate of $373.53 million.
Acura Pharmaceuticals Inc. (Nasdaq: ACUR) 10.6% LOWER; pulling back after rising 144 percent on Monday and Tuesday after releasing Nexafed, which is a cold medicine equipped with a unique technology that disrupts the conversion of pseudoephedrine into the dangerous drug, methamphetamine
Cobalt International Energy, Inc, (NYSE: CIE) 7.5% LOWER; announced that it has commenced a registered underwritten public offering of $1,200,000,000 aggregate principal amount of its convertible senior notes due 2019
Incyte Genomics, Inc. (Nasdaq: INCY) 7.5% LOWER; lower amid news that Gilead Sciences is acquiring YM BioSciences Inc.
ZIOPHARM Oncology (Nasdaq: ZIOP) 5.9% LOWER; lower as Jefferies downgraded the stock to Hold earlier, taking its price target down from $7 to $4. Click here for comments.
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JinkoSolar Holding Co., Ltd. (NYSE: JKS) 23.6% HIGHER; higher as China is said to have set aside $2 billion for domestic solar installations in FY12. In total, the expenditures cover 5.2 gigawatts (GW) of capacity.
LDK Solar Co. (NYSE: LDK) 21.1% HIGHER; see JinkoSolar above.
JA Solar (Nasdaq: JASO) 20.2% HIGHER; see JinkoSolar above.
Yingli Green Energy (NYSE: YGE) 20.4% HIGHER; see JinkoSolar above.
Trina Solar (NYSE: TSL) 20.0% HIGHER; see JinkoSolar above.
Central Garden and Pet (Nasdaq: CENT) 13.1% LOWER; reported Q4 EPS of ($0.21), in-line with the analyst estimate of ($0.21). Revenue for the quarter came in at $397.2 million versus the consensus estimate of $373.53 million.
Acura Pharmaceuticals Inc. (Nasdaq: ACUR) 10.6% LOWER; pulling back after rising 144 percent on Monday and Tuesday after releasing Nexafed, which is a cold medicine equipped with a unique technology that disrupts the conversion of pseudoephedrine into the dangerous drug, methamphetamine
Cobalt International Energy, Inc, (NYSE: CIE) 7.5% LOWER; announced that it has commenced a registered underwritten public offering of $1,200,000,000 aggregate principal amount of its convertible senior notes due 2019
Incyte Genomics, Inc. (Nasdaq: INCY) 7.5% LOWER; lower amid news that Gilead Sciences is acquiring YM BioSciences Inc.
ZIOPHARM Oncology (Nasdaq: ZIOP) 5.9% LOWER; lower as Jefferies downgraded the stock to Hold earlier, taking its price target down from $7 to $4. Click here for comments.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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