Unusual 11 Mid-Day Movers 8/29: (MCUR) (KONE) (STAF) Higher; (CZR) (BOSC) (CORE) Lower
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Kingtone Wirelessinfo (Nasdaq: KONE) 22.0% HIGHER; seeing active trading on Monday. Shares were paused earlier due to volatility.
Caesars Entertainment (Nasdaq: CZR) 17.7% LOWER; disclosed the following in an SEC filing on Monday:
On August 26, 2016, the United States Bankruptcy Court for the Northern District of Illinois (the “Bankruptcy Court”) denied the motion by Caesars Entertainment Operating Company, Inc. (“CEOC”) to extend an injunction enjoining the further prosecution of the lawsuits brought by BOKF, N.A., Wilmington Savings Fund Society, FSB, Relative Value-Long/Short Debt Portfolio, a Series of Underlying Funds Trust, Trilogy Portfolio Company, LLC, and Frederick Barton Danner, against Caesars Entertainment Corporation (“CEC”) in New York and Delaware.
B.O.S. Better Online Solutions (Nasdaq: BOSC) 14.9% LOWER; reported Q2 EPS of $0.05, versus $0.02 reported last year. Revenue for the quarter came in at $6.31 million, versus $6.1 million reported last year.
Adamis Pharmaceuticals (Nasdaq: ADMP) 14.9% LOWER; sadi to be open to new partnerships for EpiPen alternative and is targeting a New NDA submission by the end of the year, according to Bloomberg.
Staffing 360 Solutions, Inc. (Nasdaq: STAF) 13.4% HIGHER; continuing higher from last Friday after announcing that the Company's financial results will be released on Monday, August 29, 2016, and its Form 10-K for the fiscal year ended May 31, 2016 will be filed the same day, followed by its earnings conference call on Wednesday, September 7, 2016 at 9:00 am Eastern Time. "We are looking forward to sharing our latest financial results," stated Brendan Flood, Executive Chairman of Staffing 360 Solutions. "You'll notice we are having our earnings call after Labor Day this year, approximately one week from our financials, to ensure that our entire management team is available to speak and conduct Q&A. This year we achieved record levels of revenue and Adjusted EBITDA, we raised $5.3 million of equity utilizing our S-3 registration statement, completed two acquisitions and we uplisted to Nasdaq, all within the past 12 months. Investors are encouraged to dial-in and learn more about our annual results, M&A opportunities and our strategic growth initiatives as we continue to achieve new milestones."
Core-Mark Holding Company, Inc. (Nasdaq: CORE) 12.6% LOWER; announced the expiration of its supply agreement with Circle K Stores Inc. for the Southeastern Region of the U.S. effective January 2017. This will reduce the number of Circle K stores that Core-Mark currently serves by approximately 1,100, a 36% reduction.
Baozun Inc. (BZUN) 12.6% HIGHER; shares seeing a strong break above the $12 level today.
Eagle Bulk Shipping (Nasdaq: EGLE) 8.8% LOWER; pulling back following a 30 percent rise last Friday.
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