Morning Movers 3/13: Citigroup (C) Up Again, A.C. Moore (ACMR) Lower On Results

March 13, 2009 10:09 AM EDT

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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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Stocks Mentioned

ACMR 3.51

-0.18 -4.88%
Volume: 201,244
Track ACMR

AEIS 11.84

+0.34 +2.96%
Volume: 600,868
Track AEIS

C 4.19

+0.13 +3.20%
Volume: 233,763,428
Track C

DVN 69.10

+1.06 +1.56%
Volume: 4,076,690
Track DVN

FWLT 32.65

+1.39 +4.45%
Volume: 2,423,238
Track FWLT

GM 1.43

+0.00 +0.00%
Volume: 341,588,570
Track GM

HEV 5.74

+0.19 +3.42%
Volume: 985,583
Track HEV

HIBB 19.12

+0.29 +1.54%
Volume: 163,256
Track HIBB

LVS 16.79

+1.44 +9.38%
Volume: 42,013,756
Track LVS

PALM 11.04

-0.28 -2.47%
Volume: 8,161,729
Track PALM

RIMM 61.56

+2.84 +4.84%
Volume: 26,700,333
Track RIMM

STEC 13.47

+0.34 +2.59%
Volume: 16,048,645
Track STEC

SUI 18.91

+0.87 +4.82%
Volume: 82,326
Track SUI

SWHC 4.56

+0.29 +6.79%
Volume: 2,300,311
Track SWHC

ZUMZ 12.25

-0.59 -4.60%
Volume: 343,444
Track ZUMZ


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