Unusual 11 Mid-Day Movers 2/20: ENCY, LTXX, CEC, WINN Higher; SHRP, TGIS, NTRI, TRAK Lower

February 20, 2008 12:42 PM EST

Encysive Pharmaceuticals Inc. (NASDAQ: ENCY) 110% HIGHER; Pfizer (NYSE: PFE) to acquire the company for $2.35 per share, above yesterday's close of $1.08.

Sharper Image Corporation (NASDAQ: SHRP) 71.5% LOWER; confirmed it had commenced a case under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Company intends to continue to conduct business as usual while it devotes renewed efforts to resolve its operational and liquidity problems and develops a reorganization plan.

Thomas Group Inc. (NASDAQ: TGIS) 56.2% LOWER; Reports Q4 results, announces changes to its government business segment and suspends dividend.

LTX Corporation (Nasdaq: LTXX) 30% HIGHER; reports a Q2 loss of $0.05, in-line with the analyst estimate of ($0.05). Revenues for the quarter were $31 million, versus the consensus of $31.27 million. Sees Q3 EPS of $0.01-$0.03, versus the consensus of $0.01.

NutriSystem (Nasdaq: NTRI) 29% LOWER; reports Q4 EPS of $0.33, 4 cents better than the analyst estimate of $0.29. Revenues for the quarter were $137.2 million, versus the consensus of $130.53 million. Sees Q1 revs of $200-$210 million, versus the consensus of $250.6 million. FY08 revs are expected to be $690-$710 million, versus the consensus of $825 million.

DealerTrack Holdings, Inc. (Nasdaq: TRAK) 22% LOWER; reports Q4 EPS of $0.25 in line with analyst estimates of $0.25. Revenues for the quarter were $60.7 million, versus the consensus of $60.46 million. Sees Full EPS guidance $1.14 to $1.18 versus $1.29. Sees full year revenues $270-$276 million versus $285.3 million.

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CEC Entertainment (NYSE: CEC) 22% HIGHER; reports Q4 loss of $0.02, not comparable to analyst estimates of $0.27. Revenues for the quarter were $175.1 million, versus the consensus of $177.90 million. CEC also announced that it repurchased about 25% of its outstanding shares during 2007.

3Com Corporation (NASDAQ: COMS) 19.7% LOWER; announced that the company along with affiliates of Bain Capital Partners, LLC and Huawei Technologies have withdrawn their joint filing to the Committee on Foreign Investment in the United States concerning the parties’ proposed merger transaction.

Cyberonics (Nasdaq: CYBX) 15.4% HIGHER; reports Q3 loss of $0.04 per share, versus the consensus of a $0.09 loss. Revenues came in at $29.3 million, versus the consensus of $28.9 million. The company's Board of Directors has authorized the repurchase of up to 1 million shares of the company's outstanding common stock.

Winn-Dixie Stores (Nasdaq: WINN) 13.9% HIGHER; reports Q2 adj-EPS of $0.08, versus the analyst estimate of ($0.14). Revenues for the quarter were $2.2 billion, versus the consensus of $2.24 billion. Raises EBITDA guidance for FY08. Sees $105-$125 million, versus prior guidance of $90-$115 million.

Oil States International (NYSE: OIS) 11.4% HIGHER; reports Q4 EPS of $0.95, 1 cent better than the analyst estimate of $0.94. Revenues for the quarter were $581 million, versus the consensus of $540.26 million.

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