Unusual 11 Midday Movers 01/20: (INSM) (SCHS) (CPY) Higher; (NCIT) (CCOI) (THS) Lower
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Insmed (Nasdaq: INSM) 34% HIGHER; says FDA lifts clinical hold on arikace. Click here to see the full report.
School Specialty (Nasdaq: SCHS) 33.2% HIGHER; continues to correct today following a nearly 10 percent to end the last week's session.
NCI (Nasdaq: NCIT) 30.2% LOWER; reaffirms Q4, FY11 guidance, offers preliminary FY12 sales of $340-$360 million, which compares to the Street estimate of $514.8 million.
CPI Corp. (NYSE: CPY) 23.4% HIGHER; continuing to hold above the 200-day SMA today. Shares closed 7 percent higher on Thursday; the action followed an 11 percent decline on Tuesday and a 7 percent decline on Wednesday.
AsiaInfo-Linkage (Nasdaq: ASIA) 20% HIGHER; the company's Board of Directors has received a non-binding proposal letter from Power Joy (Cayman) Limited, a wholly owned subsidiary of CITIC Capital China Partners II, L.P., pursuant to which Power Joy proposes to acquire all of the outstanding shares of common stock of AsiaInfo-Linkage in cash at a price which represents a premium over the current stock price.
Broadvision (Nasdaq: BVSN) 18% HIGHER; continuing higher today after pushing above the $22 level yesterday. Shares are up nearly 140 percent since the beginning of this year.
Cogent Communication (Nasdaq: CCOI) 16.3% LOWER; is under heavy pressure related to news that Megaupload.com founder was arrested and the site shutdown by the FBI.
Talbots Inc. (NYSE: TLB) 16% HIGHER; CNBC's Kayla Tausche reported Goldengate Capital and TPG have entered bids for Talbots.
Allos Therapeutics, Inc. (Nasdaq: ALTH) 12.5% LOWER; reports the European Medicines Agency (EMA) Committee for Medicinal Products for Human Use (CHMP) has issued an opinion recommending against conditional approval of FOLOTYN® (pralatrexate injection) for the treatment of patients with peripheral T-cell lymphoma (PTCL) whose disease has progressed after at least one prior systemic therapy. The Company plans to submit a request for re-examination of the CHMP opinion within two weeks.
Achillion Pharma (Nasdaq: ACHN) 12.3% LOWER; breaking below $10 today. Shares are down about 20 percent this week.
TreeHouse Foods, Inc. (NYSE: THS) 11.7% LOWER; issues preliminary Q4 adj-EPS of 84-87 cents, which compares to the Street estimate of $1.07. The company lowered its FY11 EPS from $2.90-$3 to $2.70-$2.73, which compares to the Street estimate of $2.94.
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School Specialty (Nasdaq: SCHS) 33.2% HIGHER; continues to correct today following a nearly 10 percent to end the last week's session.
NCI (Nasdaq: NCIT) 30.2% LOWER; reaffirms Q4, FY11 guidance, offers preliminary FY12 sales of $340-$360 million, which compares to the Street estimate of $514.8 million.
CPI Corp. (NYSE: CPY) 23.4% HIGHER; continuing to hold above the 200-day SMA today. Shares closed 7 percent higher on Thursday; the action followed an 11 percent decline on Tuesday and a 7 percent decline on Wednesday.
AsiaInfo-Linkage (Nasdaq: ASIA) 20% HIGHER; the company's Board of Directors has received a non-binding proposal letter from Power Joy (Cayman) Limited, a wholly owned subsidiary of CITIC Capital China Partners II, L.P., pursuant to which Power Joy proposes to acquire all of the outstanding shares of common stock of AsiaInfo-Linkage in cash at a price which represents a premium over the current stock price.
Broadvision (Nasdaq: BVSN) 18% HIGHER; continuing higher today after pushing above the $22 level yesterday. Shares are up nearly 140 percent since the beginning of this year.
Cogent Communication (Nasdaq: CCOI) 16.3% LOWER; is under heavy pressure related to news that Megaupload.com founder was arrested and the site shutdown by the FBI.
Talbots Inc. (NYSE: TLB) 16% HIGHER; CNBC's Kayla Tausche reported Goldengate Capital and TPG have entered bids for Talbots.
Allos Therapeutics, Inc. (Nasdaq: ALTH) 12.5% LOWER; reports the European Medicines Agency (EMA) Committee for Medicinal Products for Human Use (CHMP) has issued an opinion recommending against conditional approval of FOLOTYN® (pralatrexate injection) for the treatment of patients with peripheral T-cell lymphoma (PTCL) whose disease has progressed after at least one prior systemic therapy. The Company plans to submit a request for re-examination of the CHMP opinion within two weeks.
Achillion Pharma (Nasdaq: ACHN) 12.3% LOWER; breaking below $10 today. Shares are down about 20 percent this week.
TreeHouse Foods, Inc. (NYSE: THS) 11.7% LOWER; issues preliminary Q4 adj-EPS of 84-87 cents, which compares to the Street estimate of $1.07. The company lowered its FY11 EPS from $2.90-$3 to $2.70-$2.73, which compares to the Street estimate of $2.94.
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