StreetInsider.com Morning Movers
Bionovo, Inc. (Nasdaq: BNVI) 93.8% HIGHER; today announced positive results from the Phase 1B clinical trial of Bezielle (formerly BZL101), their lead drug candidate for advanced breast cancer. In the trial, Bezielle showed an excellent safety and tolerability profile, and also showed promising indications of efficacy in a difficult-to-treat population. Click here for the full report.
WPT Enterprises, Inc. (Nasdaq: WPTE) 29.5% LOWER; today announced that Gamynia Limited, a company which forms part of a privately held investment group with substantial holdings in a range of diversified assets, has agreed to acquire substantially all of the Company's operating assets other than cash, investments and certain excluded assets. Gamynia will pay the Company $9,075,000 plus a percentage of future revenues earned by Gamynia from the World Poker Tour(R) and Professional Poker Tour(R) brands. Click here for the full report.
The Phoenix Companies, Inc. (NYSE: PNX) 24.9% LOWER; eports Q2 ...
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FCStone Group, Inc. (Nasdaq: FCSX) 58% LOWER; expects to incur an additional $60-$80 million pre-tax bad debt provision for tQ209 in connection with previously-reported losses by a significant energy trading account for which FCStone serves as the clearing firm. Click here for the full report.
DineEquity (NYSE: DIN) 39% HIGHER; reports Q4 earnings of $0.34 per share, ex-items, above the consensus of a $0.09 loss. Revenues came in at $355.5 million, versus the consensus of $349.6 million
Chicago Bridge & Iron (NYSE: CBI) 29% LOWER; reports Q4 EPS of $0.72, 6 cents better than the analyst estimate of $0.66. Revenues for the quarter were $1.5 billion, versus the consensus of $1.55 billion. Sees FY09 EPS $1.30 to $2.00 versus consensus of $2.15. Sees FY09 revenues $4.4B to $4.8B versus consensus of $5.9 billion. Suspends dividend.
Guidance Software, Inc ...
StreetInsider.com Morning Movers
Alesco Financial Inc. (NYSE: AFN) 40% HIGHER; reports Q3 GAAP EPS of $1.07, compared to a loss of $8.36 in the same quarter last year. Revenue for the quarter was $16.79 million, versus the consensus of $19.96 million.
Health Net Inc. (NYSE: HNT) 21% LOWER; Disappointing Q3 results, lowers guidance
Evergreen Solar Inc. (Nasdaq: ESLR) 20% HIGHER; Solar stocks higher this AM
Akorn, Inc. (Nasdaq: AKRX) 20% HIGHER; reports Q3 EPS of $0.03, 2 cents better than the analyst estimate of $0.01. Revenue for the quarter was $31.9 million, versus the consensus of $30.30 million.
Solarfun Power Holdings Co. Ltd. (Nasdaq: SOLF) 15% HIGHER; Solar stocks higher this AM
Kenexa (Nasdaq: KNXA) 15% LOWER; reports Q3 EPS of $0.36, 1 cent better than the analyst estimate of $0.35. Revenue for the quarter was $54 million, versus the consensus of $54.57 million. Sees Q4 EPS of $0.22-$0.25, versus ...
