Unusual 11 Mid-Day Movers 12/14: (AMRI) (AMPE) (TSON) Higher; (SQNS) (FSLR) (SGI) (ARSD) Lower
Tweet
Share
E-mail
Get Alerts SQNS Hot Sheet
Up)Join SI Premium – FREE
Sequans (Nasdaq: SQNS) 33.8% LOWER; cut its Q4 guidance saying its largest customer reduced quarterly shipments. Click here for the full report.
First Solar, Inc. (NASDAQ: FSLR) 20.6% LOWER; cut its FY11 sales guidance from $3-$3.3 billion to $2.8-$2.9 billion and its EPS outlook from $6.50-$7.50 to $5.75-$6.00. The Street is currently looking for FY11 sales and EPS of $3.2 billion and $6.88, respectively. First Solar expects FY12 sales in the range of $3.7-$4 billion, which compares to the Street estimate of $4.09 billion, and EPS of $3.75-$4.25, vs. the analyst estimate of $7.42. The company's release cited "continued delays of certain projects in First Solar’s systems business due to weather and other factors."
Albany Molecular Research (Nasdaq: AMRI) 18% HIGHER; technicians appear to be jumping into the stock following a move over the 200-day late yesterday.
Ampio Pharmaceuticals (Nasdaq: AMPE) 16.8% HIGHER; shares of AMPE are rebounding after falling roughly 32 percent yesterday.
SGI’s (Nasdaq: SGI) 16.7% LOWER; Board of Directors today announced that Mark J. Barrenechea has tendered his resignation as president, chief executive officer and member of the Board of Directors, effective January 1, 2012. Ronald D. Verdoorn, chairman of the Board of Directors, will serve as interim CEO while the board conducts a search for a new CEO. Mr. Barrenechea will join a global enterprise software company as President and CEO.
Arabian American Development Company (Nasdaq: ARSD) 15.7% LOWER; Since November 7th the stock has risen over 100 percent and has only closed down 4 days since then. Shares began to fall hard after breaking through its 200 day moving average.
TranS1 Inc. (Nasdaq: TSON) 13.5% HIGHER; announced that Palmetto GBA, a Medicare Administrative Contractor, has removed its Non-Coverage policy for AxiaLIF effective January 1, 2012. Click here for the full report.
SunPower (Nasdaq: SPWR) 13% LOWER; trading lower following the warning from First Solar. The Claymore/MAC Global Solar ETF (NYSE: TAN) is down 5 percent at last check.
Authentec (Nasdaq: AUTH) 10.4% HIGHER; bouncing today following three straight days of downside. Dougherty started coverage on the stock with a Buy rating this morning.
AMR Corp. (NYSE: AMR) 9.67% HIGHER; continuing higher today over the $0.60 level. Shares were up nearly 9 percent yesterday and sold off by about 13.5 percent on Monday.
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) 8% HIGHER; announced that Xiangzhen Mining Co., Ltd. has reported record fluorite sales for the fourth quarter of 2011. China Shen Zhou's Xiangzhen subsidiary expected the fourth quarter sales volume of fluorite powder to approximate 27,000 metric tons, up 217% from the 8,527 metric tons sold in the third quarter of 2011, and 33% higher than the 20,247 metric tons sold in the same period last year. The sales volume of fluorite lump was expected to approximate 23,000 metric tons in the fourth quarter of 2011, up 34% from the 17,135 metric tons sold in the previous quarter, and 85% higher than the 12,451 metric tons sold in the same period last year. Total sales of fluorite powder and fluorite lump for the first nine months of 2011 were 25,286.75 metric tons and 28,299.41 metric tons respectively.
First Solar, Inc. (NASDAQ: FSLR) 20.6% LOWER; cut its FY11 sales guidance from $3-$3.3 billion to $2.8-$2.9 billion and its EPS outlook from $6.50-$7.50 to $5.75-$6.00. The Street is currently looking for FY11 sales and EPS of $3.2 billion and $6.88, respectively. First Solar expects FY12 sales in the range of $3.7-$4 billion, which compares to the Street estimate of $4.09 billion, and EPS of $3.75-$4.25, vs. the analyst estimate of $7.42. The company's release cited "continued delays of certain projects in First Solar’s systems business due to weather and other factors."
Albany Molecular Research (Nasdaq: AMRI) 18% HIGHER; technicians appear to be jumping into the stock following a move over the 200-day late yesterday.
Ampio Pharmaceuticals (Nasdaq: AMPE) 16.8% HIGHER; shares of AMPE are rebounding after falling roughly 32 percent yesterday.
SGI’s (Nasdaq: SGI) 16.7% LOWER; Board of Directors today announced that Mark J. Barrenechea has tendered his resignation as president, chief executive officer and member of the Board of Directors, effective January 1, 2012. Ronald D. Verdoorn, chairman of the Board of Directors, will serve as interim CEO while the board conducts a search for a new CEO. Mr. Barrenechea will join a global enterprise software company as President and CEO.
Arabian American Development Company (Nasdaq: ARSD) 15.7% LOWER; Since November 7th the stock has risen over 100 percent and has only closed down 4 days since then. Shares began to fall hard after breaking through its 200 day moving average.
TranS1 Inc. (Nasdaq: TSON) 13.5% HIGHER; announced that Palmetto GBA, a Medicare Administrative Contractor, has removed its Non-Coverage policy for AxiaLIF effective January 1, 2012. Click here for the full report.
SunPower (Nasdaq: SPWR) 13% LOWER; trading lower following the warning from First Solar. The Claymore/MAC Global Solar ETF (NYSE: TAN) is down 5 percent at last check.
Authentec (Nasdaq: AUTH) 10.4% HIGHER; bouncing today following three straight days of downside. Dougherty started coverage on the stock with a Buy rating this morning.
AMR Corp. (NYSE: AMR) 9.67% HIGHER; continuing higher today over the $0.60 level. Shares were up nearly 9 percent yesterday and sold off by about 13.5 percent on Monday.
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) 8% HIGHER; announced that Xiangzhen Mining Co., Ltd. has reported record fluorite sales for the fourth quarter of 2011. China Shen Zhou's Xiangzhen subsidiary expected the fourth quarter sales volume of fluorite powder to approximate 27,000 metric tons, up 217% from the 8,527 metric tons sold in the third quarter of 2011, and 33% higher than the 20,247 metric tons sold in the same period last year. The sales volume of fluorite lump was expected to approximate 23,000 metric tons in the fourth quarter of 2011, up 34% from the 17,135 metric tons sold in the previous quarter, and 85% higher than the 12,451 metric tons sold in the same period last year. Total sales of fluorite powder and fluorite lump for the first nine months of 2011 were 25,286.75 metric tons and 28,299.41 metric tons respectively.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Texas Instruments (TXN) jumps on first above-consensus guide in seven years
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Unusual 11 Mid-Day MoversSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
