Morning Movers 3/13: Citigroup (C) Up Again, A.C. Moore (ACMR) Lower On Results
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Las Vegas Sands Corp. (NYSE: LVS) 26% HIGHER; Positive comments at Bernstein
General Motors (NYSE: GM) 22% HIGHER; Again gain after saying yesterday it doesn't need $2B right not
A.C. Moore (Nasdaq: ACMR) 21% LOWER; reports Q4 loss of $0.02, versus the analyst estimate of $0.09. Revenues for the quarter were $165.03 million, versus the consensus of $167.29 million.
STEC (Nasdaq: STEC) 21% HIGHER; sees Q1 EPS of $0.10-$0.12, versus the consensus of $0.05 and revs of $58-$60 million, versus the consensus of $46 million.
Sun Communities (NYSE: SUI) 18% HIGHER; reports Q4 FFO of $0.73 adjusted, 1 cent better than the analyst estimate of $0.72. Revenues for the quarter were $63.2 million, versus the consensus of $53.97 million. Sees FY09 FFO $2.84 to $2.92 versus consensus of $2.84.
Hibbett Sports (Nasdaq: HIBB) 16% HIGHER; reports Q4 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenues for the quarter were $147.9 million, versus the consensus of $153.21 million. Hibbett Sports sees FY09 EPS of $1.03-$1.17, versus the consensus of $1.03.
Zumiez Inc. (Nasdaq: ZUMZ) 14% LOWER; reports Q4 EPS of $0.21, ex-items, 2 cents better than the analyst estimate of $0.19. Revenues for the quarter were $125.5 million, versus the consensus of $124.80 million. Same store sales fell 13.4%.
Foster Wheeler AG (Nasdaq: FWLT) 9% HIGHER; Goldman upgrades to Buy, Adds To Buy List
Citigroup, Inc. (NYSE: C) 9% HIGHER; Continues recent move higher. Chairman Parson said the company doesen't need more federal money. MORE
Smith & Wesson (Nasdaq: SWHC) 7% HIGHER; reports Q4 EPS of $0.05, cents better than the analyst estimate of $0.02. Revenues for the quarter were $83.7 million, versus the consensus of $74.08 million.
Palm, Inc. (Nasdaq: PALM) 4% HIGHER; RBC Capital upgrades to Outperform
Ener1 (Nasdaq: HEV) 3% HIGHER; reports a FY08 loss of $0.42, 2 cents worse than estimates. Revenues were $6.8 million vs. $1.39 million consensus.
Advanced Energy Industries (Nasdaq: AEIS) 2% LOWER; is reducing its global workforce by approximately 330 people or 22% of total headcount across all functional areas and geographies and lowering the salaries of management and executive officers by an additional 5%, totaling 15% overall, effective April 1, 2009.
Devon Energy Corporation (NYSE: DVN) 3.8% HIGHER; Barclays upgrades to Overweight.
Research In Motion Ltd. (Nasdaq: RIMM) 3% HIGHER; ThinkEquity starts at Sell
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