Unusual 11 Mid-Day Movers 5/14: CAEI, GIL, NKTR, FBC Higher; GIL, BEXP, ACMR, GASS, ENS Lower
China Architectural Engineering, Inc. (NASDAQ: CAEI) 33.8% HIGHER; reports Q1 EPS of $0.02, compared to $0.09 in the same quarter last year. Revenue for the quarter was $36.34 million, versus $25.35 million in Q108.
Gildan Activewear Inc. (NYSE: GIL) 26.3% HIGHER; reports Q2 EPS of $0.06, 4 cents lower than the analyst estimate of $0.10. Revenue for the quarter was $244.8 million, versus the consensus of $226.42 million.
Nektar Therapeutics (Nasdaq: NKTR) 25.7% HIGHER; confirmed UCB's announcement that the US FDA has approved Cimzia(R) (certolizumab pegol), the only PEGylated anti-TNFa (Tumor Necrosis Factor alpha), for the treatment of adult patients with moderately to severely active rheumatoid arthritis. Cimzia(R) utilizes Nektar's polymer conjugate technology through an exclusive Nektar-UCB collaboration.
Brigham Exploration Company (Nasdaq: BEXP) 22.4% LOWER; commenced an underwritten public offering, subject to market and other conditions, of 30,000,000 shares of common stock under its existing shelf registration statement. The underwriters will have a 30-day option to purchase up to 4,500,000 additional shares of common stock.
Flagstar Bancorp Inc. (NYSE: FBC) 21.7% HIGHER; not hearing any company-specific news that would justify today's sharp move higher. The stock is seeing below average volume today.
A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) 18.2% LOWER; reports Q1 loss of $0.19, ex-items, 3 cents lower than the analyst estimate of ($0.16). Revenue for the quarter was $108.6 million, versus the consensus of $122.49 million. Same store sales fell 13.4%.
Atmel(R) Corporation (Nasdaq: ATML) 14.3% HIGHER; announced today the release of its AT73C240 Audio Companion IC for portable multimedia applications. Manufactured on Atmel's low-cost mainstream CMOS process, the AT73C240 integrates an audio quality 20-bit Stereo DAC and an up to 1W audio power amplifier. The AT73C240 is ideally suited for portable applications where a high-quality audio interface is required, such as new-generation mobile phones, PDAs, palmtop computers, digital still cameras, portable multimedia devices and music players, etc.
StealthGas (Nasdaq: GASS) 13.8% LOWER; reports Q1 EPS of $0.30, 2 cents better than the analyst estimate of $0.28. Revenue for the quarter was $29.2 million, versus the consensus of $27.56 million.
WSP Holdings Limited (NYSE: WH) 12.2% HIGHER; reports Q1 EPS of $0.21, versus the analyst estimate of $0.14. Revenue for the quarter was $195.5 million, versus the consensus of $131 million.
EnerSys (NYSE: ENS) 11.4% LOWER; raises its Q4 adj-EPS guidance from $0.30-$0.34 to $0.36, which compares to the Street estimate of $0.29. Sees Q1 adj-EPS of $0.13-$0.17, versus the Street estimate of $0.31. Sees FY09 non-GAAP EPS of $1.98, versus the consensus of $1.91.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Gildan Activewear Inc. (NYSE: GIL) 26.3% HIGHER; reports Q2 EPS of $0.06, 4 cents lower than the analyst estimate of $0.10. Revenue for the quarter was $244.8 million, versus the consensus of $226.42 million.
Nektar Therapeutics (Nasdaq: NKTR) 25.7% HIGHER; confirmed UCB's announcement that the US FDA has approved Cimzia(R) (certolizumab pegol), the only PEGylated anti-TNFa (Tumor Necrosis Factor alpha), for the treatment of adult patients with moderately to severely active rheumatoid arthritis. Cimzia(R) utilizes Nektar's polymer conjugate technology through an exclusive Nektar-UCB collaboration.
Brigham Exploration Company (Nasdaq: BEXP) 22.4% LOWER; commenced an underwritten public offering, subject to market and other conditions, of 30,000,000 shares of common stock under its existing shelf registration statement. The underwriters will have a 30-day option to purchase up to 4,500,000 additional shares of common stock.
Flagstar Bancorp Inc. (NYSE: FBC) 21.7% HIGHER; not hearing any company-specific news that would justify today's sharp move higher. The stock is seeing below average volume today.
A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) 18.2% LOWER; reports Q1 loss of $0.19, ex-items, 3 cents lower than the analyst estimate of ($0.16). Revenue for the quarter was $108.6 million, versus the consensus of $122.49 million. Same store sales fell 13.4%.
Atmel(R) Corporation (Nasdaq: ATML) 14.3% HIGHER; announced today the release of its AT73C240 Audio Companion IC for portable multimedia applications. Manufactured on Atmel's low-cost mainstream CMOS process, the AT73C240 integrates an audio quality 20-bit Stereo DAC and an up to 1W audio power amplifier. The AT73C240 is ideally suited for portable applications where a high-quality audio interface is required, such as new-generation mobile phones, PDAs, palmtop computers, digital still cameras, portable multimedia devices and music players, etc.
StealthGas (Nasdaq: GASS) 13.8% LOWER; reports Q1 EPS of $0.30, 2 cents better than the analyst estimate of $0.28. Revenue for the quarter was $29.2 million, versus the consensus of $27.56 million.
WSP Holdings Limited (NYSE: WH) 12.2% HIGHER; reports Q1 EPS of $0.21, versus the analyst estimate of $0.14. Revenue for the quarter was $195.5 million, versus the consensus of $131 million.
EnerSys (NYSE: ENS) 11.4% LOWER; raises its Q4 adj-EPS guidance from $0.30-$0.34 to $0.36, which compares to the Street estimate of $0.29. Sees Q1 adj-EPS of $0.13-$0.17, versus the Street estimate of $0.31. Sees FY09 non-GAAP EPS of $1.98, versus the consensus of $1.91.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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