Morning Movers 08/11: (AONE) (TLB) (TPCG) (AOL) (CSCO) Higher; (SODA) (ENS) (OTEX) Lower

August 11, 2011 11:02 AM EDT
A123 Systems (Nasdaq: AONE) 38% HIGHER; GM (NYSE: GM) has awarded a production contract to A123 for batteries to be used in future GM electric vehicles. The contract is related to advanced Nanophosphate cells and fully integrated electronic components. The specific vehicles and brands will be announced at a later time.

SodaStream International Ltd (NASDAQ: SODA) 34% LOWER; reported Q2 EPS of $0.35, $0.13 better than the analyst estimate of $0.22. Revenue for the quarter came in at $77.4 million versus the consensus estimate of $50.09 million. Reaffirms outlook.

Talbots (NYSE: TLB) 27.5% HIGHER; retail group looking strong today. The stock seems to have bounced off the 200-day SMA and is has retaken the $3 resistance level.

TPC GROUP, Inc. (NASDAQ: TPCG) 22.3% HIGHER; reported Q2 EPS of $2.12, $1.16 better than the analyst estimate of $0.96. Revenue for the quarter came in at $792.9 million versus the consensus estimate of $698.88 million.

AOL Inc. (NYSE: AOL) 18.2% HIGHER; has approved a $250 million stock repurchase program, effective August 10, 2011.

EnerSys, Inc. (NYSE: ENS) 18% LOWER; reported Q1 EPS of $0.66, $0.03 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $569.2 million versus the consensus estimate of $550.37 million. EnerSys, Inc. sees Q2 2011 EPS of $0.53-$0.57, versus the consensus of $0.73.

Cisco Systems, Inc. (NASDAQ: CSCO) 17.2% HIGHER; reported Q4 EPS of $0.40, $0.02 better than the analyst estimate of $0.38. Revenue for the quarter came in at $11.2 billion versus the consensus estimate of $10.97 billion.

Cenveo, Inc. (NYSE: CVO) 16.8% HIGHER; reported Q2 EPS of $0.17, $0.11 better than the analyst estimate of $0.06. Revenue for the quarter came in at $495.2 million versus the consensus estimate of $445.3 million.

Satcon Technology Corp. (Nasdaq: SATC) 16.4% HIGHER; has been selected by Quanta Renewable Energy Services and Ryan Company to deliver 10 of its 1 megawatt (MW) Prism Platform Solutions for the 10 MW (AC) New Jersey Oak Solar PV Power Plant.

News Corporation (NASDAQ: NWSA) 16.1% HIGHER; reported Q4 EPS of $0.35, $0.05 better than the analyst estimate of $0.30. Sales came in at $8.96 billion, which compares to the Street estimate of $8.46 billion. News Corp. declared a quarterly dividend of $0.095 per share, or $0.38 annualized. This is a 26.7% increase from the prior dividend of $0.075.

IntraLinks (NYSE: IL) 15.7% HIGHER; bouncing today following a 45 percent decline yesterday amid earnings.

QuinStreet, Inc (NASDAQ: QNST) 15.7% HIGHER; reported Q4 EPS of $0.24, $0.06 better than the analyst estimate of $0.18. Revenue for the quarter came in at $94.1 million versus the consensus estimate of $91.82 million.

Open Text Corp (NASDAQ: OTEX) 15.5% LOWER; reported Q4 EPS of $1.05, $0.07 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $285.5 million versus the consensus estimate of $284.6 million.

Briggs & Stratton Corp. (NYSE: BGG) 14.9% LOWER; reported Q4 EPS of $0.32, $0.10 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $605.2 million versus the consensus estimate of $615.47 million. Briggs & Stratton Corp. sees FY2012 EPS of $1.05-$1.25, versus the consensus of $1.52. Authorizes $50 million buyback plan.

Himax Technologies, Inc. (Nasdaq: HIMX) 13.6% HIGHER; reports its Chairman Dr. Biing-Seng Wu, Director and CEO Jordan Wu, Director and CTO Chih-Chung Tsai and Independent Director Dr. Chun-Yen Chang, intend to use their personal funds to purchase up to approximately $4 million of the Company's American Depositary Shares in the open market, subject to market conditions and other factors.

Oxigene, Inc. (NASDAQ: OXGN) 12.5% LOWER; reported Q2 EPS of ($0.32), $1.05 worse than the analyst estimate of $0.73.

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