Unusual 11 Midday Movers 02/09: (IPSU) (TSL) (TTHI) Higher; (DMND) (IRBT) (AONE) Lower
Up)
Imperial Sugar Co. (NASDAQ: IPSU) 63.7% HIGHER; reported Q1 EPS of ($0.29), versus ($0.75) reported last year. Revenue for the quarter came in at $227.68 million, versus $227.39 million reported last year.
Diamond Foods (Nasdaq: DMND) 35.8% LOWER; reports audit committee finds 2010, 2011 financials need to be restated. The company's Chairman and CEO Mendes and CFO Neil have been put on administrative leave. Since the initial release, a number of sources have said P&G (NYSE: PG) will evaluate the next steps in the sale of Pringles.
iRobot Corp. (NASDAQ: IRBT) 32.9% LOWER; reported Q4 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $130.8 million versus the consensus estimate of $134.08 million. Sees FY2012 EPS of $0.75-$0.85, versus the consensus of $1.45. Sees FY2012 revenue of $465-$485 million, versus the consensus of $529.26 million. Sees Q1 2012 EPS of $-0.08-$0.00, versus the consensus of $0.30. Sees Q1 2012 revenue of $90-$100 million, versus the consensus of $120.63 million.
Trina Solar Limited (NYSE: TSL) 25.7% HIGHER; shares are trading higher today for the second day in a row on heavier volumes. Several sources have recently highlighted a pick up in demand within the Chinese solar market.
Transition Therapeutics (Nasdaq: TTHI) 24.8% HIGHER; after holding the $1.50 level for the last several weeks, shares are continuing to push above that technical today. After pushing through the $1.75 level, the stock is now flirting with $2.
Support.com, Inc. (NASDAQ: SPRT) 21.9% HIGHER; reported Q4 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $15 million versus the consensus estimate of $13 million.
A123 Systems (NASDAQ: AONE) 21.1% LOWER; Wunderlich Securities downgraded the stock from Hold to Sell, price target lowered from $3.00 to $0.50.
Energy Conversion (Nasdaq: ENER) 18.3% HIGHER; shares are moving higher as demand in Asia is showing signs of a recovery.
Apricus Biosciences, Inc. (Nasdaq: APRI) 18.7% LOWER; has priced an underwritten public offering of 4,938,272 units at a price to the public of $4.05 per unit, for gross offering proceeds of $20.0 million.
Taleo (Nasdaq: TLEO) 17.2% HIGHER; Oracle (Nasdaq: ORCL) buys Taleo for $46 per share.
Array BioPharma Inc. (NASDAQ: ARRY) 16.6% LOWER; announced today the pricing of an underwritten public offering of 20,000,000 primary shares of its common stock at a public offering price of $2.60 per share.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
Diamond Foods (Nasdaq: DMND) 35.8% LOWER; reports audit committee finds 2010, 2011 financials need to be restated. The company's Chairman and CEO Mendes and CFO Neil have been put on administrative leave. Since the initial release, a number of sources have said P&G (NYSE: PG) will evaluate the next steps in the sale of Pringles.
iRobot Corp. (NASDAQ: IRBT) 32.9% LOWER; reported Q4 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $130.8 million versus the consensus estimate of $134.08 million. Sees FY2012 EPS of $0.75-$0.85, versus the consensus of $1.45. Sees FY2012 revenue of $465-$485 million, versus the consensus of $529.26 million. Sees Q1 2012 EPS of $-0.08-$0.00, versus the consensus of $0.30. Sees Q1 2012 revenue of $90-$100 million, versus the consensus of $120.63 million.
Trina Solar Limited (NYSE: TSL) 25.7% HIGHER; shares are trading higher today for the second day in a row on heavier volumes. Several sources have recently highlighted a pick up in demand within the Chinese solar market.
Transition Therapeutics (Nasdaq: TTHI) 24.8% HIGHER; after holding the $1.50 level for the last several weeks, shares are continuing to push above that technical today. After pushing through the $1.75 level, the stock is now flirting with $2.
Support.com, Inc. (NASDAQ: SPRT) 21.9% HIGHER; reported Q4 EPS of ($0.06), $0.03 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $15 million versus the consensus estimate of $13 million.
A123 Systems (NASDAQ: AONE) 21.1% LOWER; Wunderlich Securities downgraded the stock from Hold to Sell, price target lowered from $3.00 to $0.50.
Energy Conversion (Nasdaq: ENER) 18.3% HIGHER; shares are moving higher as demand in Asia is showing signs of a recovery.
Apricus Biosciences, Inc. (Nasdaq: APRI) 18.7% LOWER; has priced an underwritten public offering of 4,938,272 units at a price to the public of $4.05 per unit, for gross offering proceeds of $20.0 million.
Taleo (Nasdaq: TLEO) 17.2% HIGHER; Oracle (Nasdaq: ORCL) buys Taleo for $46 per share.
Array BioPharma Inc. (NASDAQ: ARRY) 16.6% LOWER; announced today the pricing of an underwritten public offering of 20,000,000 primary shares of its common stock at a public offering price of $2.60 per share.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
You May Also Be Interested In
- Notable ETF Movers of the Day 05/25: (EWZ) (GLD) Higher; (VXX) (UNG) Lower
- Pre-Open Movers 5/24: (P) (HPQ) (PVH) Higher; (NTAP) (MTGE) (TIF) Lower (more...)
- Notable ETF Movers of the Day 05/24: (EPI) (SLV) (VXX) Higher; (UNG) (FXI) Lower
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Wunderlich SecuritiesSign 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!
