Morning Movers 06/24: (NYNY) (SUG) (FTWR) Higher; (PTIE) (DRRX) (STRI) (SFSF) Lower
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Pain Therapeutics (Nasdaq: PTIE) 40.6% LOWER; the FDA rejected the company's and partner Pfizer's (NYSE: PFE) painkiller and issued a complete response letter.
Durect Corp. (Nasdaq: DRRX) 27.5% LOWER; related to Pain Therapeutics' REMOXY.
STR Holdings, Inc. (NYSE: STRI) 18.4% LOWER; today provided an update on its financial guidance for the second quarter of 2011. STRI now expects to report consolidated net sales in the range of $98 to $101 million. The Company's prior guidance for its second quarter consolidated net sales was $104 to $110 million. The Company now anticipates diluted non-GAAP earnings per share of approximately $0.30 to $0.32. The prior guidance for the second quarter for diluted non-GAAP EPS was $0.38 to $0.42.
Empire Resorts (Nasdaq: NYNY) 17.6% HIGHER; announced a Master Development Agreement Term Sheet for the joint development of properties in Sullivan County, NY.
Southern Union Company (NYSE: SUG) 15.% HIGHER; Williams today announced that it has proposed to acquire all of the outstanding shares of for $39.00 per share in cash, for a total enterprise value of $8.7 billion.
SuccessFactors (Nasdaq: SFSF) 14.2% LOWER; stock may be selling off today as traders may be concerned with competition from Oracle.
FiberTower (Nasdaq: FTWR) 11.2% HIGHER; continuing to bounce following sharp downside over the last month since a 97 percent 3-day move higher at the end of May.
YRC Worldwide Inc. (Nasdaq: YRCW) 10.4% HIGHER; is continuing its recent momentum. Over the course of the week shares of YRC Worldwide are 78% higher. The stock has importantly moved over the $1 level today.
Acura Pharmaceuticals Inc. (Nasdaq: ACUR) 9.1% HIGHER; is jumping higher in pre-open trading Friday after Pfizer (NYSE: PFE) and Pain Therapeutics (Nasdaq: PTIE) received a Complete Response Letter for Remoxy.
United Continental Holdings, Inc. (NYSE: UAL) 7.9% LOWER; issued a shareholder update this morning. Click here to see the full report.
To get this movers report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
Durect Corp. (Nasdaq: DRRX) 27.5% LOWER; related to Pain Therapeutics' REMOXY.
STR Holdings, Inc. (NYSE: STRI) 18.4% LOWER; today provided an update on its financial guidance for the second quarter of 2011. STRI now expects to report consolidated net sales in the range of $98 to $101 million. The Company's prior guidance for its second quarter consolidated net sales was $104 to $110 million. The Company now anticipates diluted non-GAAP earnings per share of approximately $0.30 to $0.32. The prior guidance for the second quarter for diluted non-GAAP EPS was $0.38 to $0.42.
Empire Resorts (Nasdaq: NYNY) 17.6% HIGHER; announced a Master Development Agreement Term Sheet for the joint development of properties in Sullivan County, NY.
Southern Union Company (NYSE: SUG) 15.% HIGHER; Williams today announced that it has proposed to acquire all of the outstanding shares of for $39.00 per share in cash, for a total enterprise value of $8.7 billion.
SuccessFactors (Nasdaq: SFSF) 14.2% LOWER; stock may be selling off today as traders may be concerned with competition from Oracle.
FiberTower (Nasdaq: FTWR) 11.2% HIGHER; continuing to bounce following sharp downside over the last month since a 97 percent 3-day move higher at the end of May.
YRC Worldwide Inc. (Nasdaq: YRCW) 10.4% HIGHER; is continuing its recent momentum. Over the course of the week shares of YRC Worldwide are 78% higher. The stock has importantly moved over the $1 level today.
Acura Pharmaceuticals Inc. (Nasdaq: ACUR) 9.1% HIGHER; is jumping higher in pre-open trading Friday after Pfizer (NYSE: PFE) and Pain Therapeutics (Nasdaq: PTIE) received a Complete Response Letter for Remoxy.
United Continental Holdings, Inc. (NYSE: UAL) 7.9% LOWER; issued a shareholder update this morning. Click here to see the full report.
To get this movers report daily, visit http://www.streetinsider.com/entities/Morning+Movers.
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