Unusual 11 Mid-Day Movers 04/18: (AMRN) (CHTP) (ADAT) Higher; (FFHL) (GKK) (HTWR) Lower
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Amarin Corporation plc (Nasdaq: AMRN) 74.0% HIGHER; the company announced statistically significant top-line results from its ANCHOR trial for the Company's lead product candidate, AMR101. The Phase 3 trial met its primary and secondary efficacy endpoints for both the 4 gram and 2 gram daily doses.
Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) 31.0% LOWER; has received letter dated April 13, 2011 from The Nasdaq Stock Market indicating that the Company's ordinary shares are subject to delisting based on the determination by NASDAQ that continued listing is no longer warranted under NASDAQ Rule 5101 and would be inconsistent with the public interest.
Gramercy Capital Corp. (NYSE: GKK) 25.0% LOWER; today announced a two-week extension of the maturity dates of its (i) $240.5 million mortgage loan, with Goldman Sachs Mortgage Company, Citicorp North America, Inc. and SL Green Realty Corp., and (ii) $549.7 million senior and junior mezzanine loans with KBS Debt Holdings, LLC, GSMC, Citicorp and SL Green. The new maturity date of the Goldman Mortgage Loan and the Gramercy Realty Mezzanine Loans is April 29, 2011.
Chelsea Therapeutics (Nasdaq: CHTP) 23.9% HIGHER; reaffirms NORTHERA (droxidopa) NDA filing strategy following correspondence with the U.S. FDA regarding recent data from Northera Study 306A and protocol amendments to ongoing Northera Study 306B comparing the rate of patient reported falls associated with symptomatic neurogenic orthostatic hypotension in patients with Parkinson's disease taking Northera versus placebo.
Authentidate Holding Corp. (Nasdaq: ADAT) 16.7% HIGHER; reports that Ameri-Quipt has selected the web-based secure Inscrybe Healthcare referral management solution to process care orders (referrals) electronically online.
HeartWare International, Inc. (Nasdaq: HTWR) 15.4% LOWER; announced the presentation of updated data from its pivotal bridge to heart transplantation study, ADVANCE, showing 180-day survival, using Kaplan-Meier analysis, for a combined 250 investigational device patients in the original study and the continued access cohort patients was 94 percent. The stock was downgraded to Sell at Madison Williams earlier.
Titan Machinery, Inc. (Nasdaq: TITN) 15.4% HIGHER; reported Q4 EPS of $0.57, $0.22 better than the analyst estimate of $0.35. Revenue for the quarter came in at $368.1 million versus the consensus estimate of $285.14 million. Sees FY11 sales of $1.28-$1.35 billion, vs. the consensus of $1.18 billion. Sees EPS of $1.50-$1.60, which compares to the Street estimate of $1.37.
Telestone Technologies (Nasdaq: TSTC) 14.3% HIGHER; shares began breaking out above the $5.25 level just after noon. Volume picked up noticeably since then. Not hearing any company news today.
Altair Nanotech (Nasdaq: ALTI) 12.7% LOWER; today announced that it received notification from Inversiones Energticas, S.A. de C.V., that it was exercising its right to terminate the contract signed in February 2011 for the 10 Megawatt ALTI-ESS advanced battery system for frequency control.
Identive (Nasdaq: INVE) 12.2% HIGHER; unit, SCM Microsystems, has received its first orders for 10,000 eHealth terminals to support the relaunch of the electronic health card program in Germany. SCM has begun shipping both its eHealth200 desktop and eHealth500 mobile health card terminals for the program, which involves the deployment of more than 80 million electronic health insurance cards to German citizens.
Horizon Lines, Inc. (NYSE: HRZ) 12.1% LOWER; continued pullback today following a massive decline at the end of March and subsquent rebound in April.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL) 31.0% LOWER; has received letter dated April 13, 2011 from The Nasdaq Stock Market indicating that the Company's ordinary shares are subject to delisting based on the determination by NASDAQ that continued listing is no longer warranted under NASDAQ Rule 5101 and would be inconsistent with the public interest.
Gramercy Capital Corp. (NYSE: GKK) 25.0% LOWER; today announced a two-week extension of the maturity dates of its (i) $240.5 million mortgage loan, with Goldman Sachs Mortgage Company, Citicorp North America, Inc. and SL Green Realty Corp., and (ii) $549.7 million senior and junior mezzanine loans with KBS Debt Holdings, LLC, GSMC, Citicorp and SL Green. The new maturity date of the Goldman Mortgage Loan and the Gramercy Realty Mezzanine Loans is April 29, 2011.
Chelsea Therapeutics (Nasdaq: CHTP) 23.9% HIGHER; reaffirms NORTHERA (droxidopa) NDA filing strategy following correspondence with the U.S. FDA regarding recent data from Northera Study 306A and protocol amendments to ongoing Northera Study 306B comparing the rate of patient reported falls associated with symptomatic neurogenic orthostatic hypotension in patients with Parkinson's disease taking Northera versus placebo.
Authentidate Holding Corp. (Nasdaq: ADAT) 16.7% HIGHER; reports that Ameri-Quipt has selected the web-based secure Inscrybe Healthcare referral management solution to process care orders (referrals) electronically online.
HeartWare International, Inc. (Nasdaq: HTWR) 15.4% LOWER; announced the presentation of updated data from its pivotal bridge to heart transplantation study, ADVANCE, showing 180-day survival, using Kaplan-Meier analysis, for a combined 250 investigational device patients in the original study and the continued access cohort patients was 94 percent. The stock was downgraded to Sell at Madison Williams earlier.
Titan Machinery, Inc. (Nasdaq: TITN) 15.4% HIGHER; reported Q4 EPS of $0.57, $0.22 better than the analyst estimate of $0.35. Revenue for the quarter came in at $368.1 million versus the consensus estimate of $285.14 million. Sees FY11 sales of $1.28-$1.35 billion, vs. the consensus of $1.18 billion. Sees EPS of $1.50-$1.60, which compares to the Street estimate of $1.37.
Telestone Technologies (Nasdaq: TSTC) 14.3% HIGHER; shares began breaking out above the $5.25 level just after noon. Volume picked up noticeably since then. Not hearing any company news today.
Altair Nanotech (Nasdaq: ALTI) 12.7% LOWER; today announced that it received notification from Inversiones Energticas, S.A. de C.V., that it was exercising its right to terminate the contract signed in February 2011 for the 10 Megawatt ALTI-ESS advanced battery system for frequency control.
Identive (Nasdaq: INVE) 12.2% HIGHER; unit, SCM Microsystems, has received its first orders for 10,000 eHealth terminals to support the relaunch of the electronic health card program in Germany. SCM has begun shipping both its eHealth200 desktop and eHealth500 mobile health card terminals for the program, which involves the deployment of more than 80 million electronic health insurance cards to German citizens.
Horizon Lines, Inc. (NYSE: HRZ) 12.1% LOWER; continued pullback today following a massive decline at the end of March and subsquent rebound in April.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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