Morning Movers 8/13: ZRBA, BPAX, TPI, TCX, ULTR, HRS Higher; LDK, NTES, UBET, MIDD, SBLK, YSI Lower

August 13, 2009 9:35 AM EDT

Zareba Systems, Inc. (NASDAQ: ZRBA) 43.8% HIGHER; announced, on a preliminary basis, that it expects FY09 sales of $32.2 million, which compares to $34.6 million in the same quarter last year. Meanwhile, income from operations is expected to range from $1.9-$2.0 million, and income before taxes from continuing operations is expected to range from $1.3-$1.4 million for FY09, as compared to losses of $6.3 million and $7.0 million, respectively, for fiscal year 2008. Zareba also announced that it as filed a Schedule 13E-3 and related Information Statement with the Securities and Exchange Commission in connection with a proposed transaction that is intended to result in the voluntary termination of the registration of the Company's common stock under the federal securities laws. Click here for the full report.

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) 34.8% HIGHER; today announced positive safety data in its ongoing LibiGel Phase III clinical development program. Here is the full report.

Tianyin Pharmaceutical Co., Inc., (NYSE: TPI) 25% HIGHER; announced that it has received approvals from the Chinese State Food and Drug Administration to produce Sanqi Tablets in dosage form of 0.5 gram/tablet (SFDA approval number Z20093512) and Yinqiao Jiedu Tablets in dosage form of 0.5 gram/tablet (SFDA approval number Z20093555). Click here to see our full report.

Tucows (NYSE: TCX) 23.9% HIGHER; reports Q2 EPS of $0.07, compared to $0.03 in the same quarter last year. Revenue for the quarter was $20 million, versus $20.54 million in Q208.

UltraPetrol Bahamas (Nasdaq: ULTR) 14.5% HIGHER; reports Q2 adj-EPS of $0.10, 2 cents better than the analyst estimate of $0.08. Revenue for the quarter was $54.9 million, versus the consensus of $44.92 million.

Harris (NYSE: HRS) 14.3% HIGHER; reports Q4 EPS of $0.91, 10 cents better than the analyst estimate of $0.81. Revenue for the quarter was $1.29 billion, versus the consensus of $1.21 billion. Raises its FY10 EPS guidance to $3.40-$3.50, versus the consensus of $3.17. The stock was also upgraded to Buy at Morgan Joseph, adding to upside.

LDK Solar Co., Ltd. (NYSE: LDK) 12.1% LOWER; reports Q2 loss of $2.03, versus the analyst estimate of ($0.91). Revenue for the quarter was $228.3 million, versus the consensus of $236.09 million. Sees Q3 revs of $240-$270 million, versus the consensus of $290.4 million.

Tower Semiconductor, Ltd. (Nasdaq: TSEM) 11% HIGHER; Intersil Corporation (NASDAQ: ISIL) and Tower today announced they will work together to develop a new high-performance power management specialty process technology platform. A Memorandum of Understanding has been signed by the companies which shall be followed by a formal agreement.

Aegean Marine Petroleum Network (NYSE: ANW) 10.7% HIGHER; reports Q2 non-GAAP EPS of $0.28, 7 cents better than the analyst estimate of $0.21. Revenue for the quarter was $542.6 million, versus the consensus of $489.39 million.

NetEase.com, Inc. (Nasdaq: NTES) 10% LOWER; reported Q2 EPS of $0.48, 3 cents better than the analyst estimate of $0.45. Revenue for the quarter was $127.7 million, versus the consensus of $120.30 million.

Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI) 9.2% HIGHER; today announced that it has received approval to begin marketing the Quill(TM) SRS Polydioxanone, MONODERM(TM), Polypropylene and Nylon product lines in Brazil.

Youbet.com (Nasdaq: UBET) 9% LOWER; reports Q2 EPS of $0.03, 3 cents below the analyst estimate of $0.06. Revenue for the quarter was $30.2 million, versus the consensus of $30.78 million.

Middleby (Nasdaq: MIDD) 7.7% LOWER; reports Q2 EPS of $0.74, 7 cents below the analyst estimate of $0.81. Revenue for the quarter was $158.60 million, versus the consensus of $169.90 million.

Star Bulk Carriers Corp. (Nasdaq: SBLK) 7.3% LOWER; reports Q2 loss of $0.06, 6 cents lower than the analyst estimate of $0.00. Revenue for the quarter was $32.37 million, versus the consensus of $33.27 million.

U-Store-It Trust (NYSE: YSI) 7.1% LOWER; announced today that it has commenced a public offering of 22,000,000 common shares. BofA Merrill Lynch and Wells Fargo Securities will serve as the joint book-running managers for the offering. The underwriters will be granted a 30-day option to purchase up to 3,300,000 additional common shares to cover overallotments, if any.

MarkWest Energy Partners, L.P. (NYSE: MWE) 5.4% LOWER; announced today that it is commencing a public offering of 4,700,000 primary common units. In addition, an entity controlled by a director of the general partner of the Partnership is selling an additional 300,000 secondary common units. The Partnership has granted the underwriters a 30-day option to purchase a maximum of 750,000 additional primary common units to cover over-allotments, if any.

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