Morning Movers 08/12: (MNKD) (TXCC) (MDS) (CHLN) Higher; (DDS) (DV) (QPSA) (ASIA) Lower

MannKind Corporation (Nasdaq: MNKD) 29.1% HIGHER; confirms with the U.S. Food and Drug Administration the design of two clinical studies that evaluate the efficacy and safety of AFREZZA (insulin human [rDNA origin]). The stock was upgraded at JMP this morning.

TranSwitch Corporation (NASDAQ: TXCC) 20.5% HIGHER; announced that the Company's HDMI 1.4 Intellectual Property with patented Phaswitch" technology has been selected by Samsung Electronics for its next generation of televisions. Also notably, the stock bounced sharply off the 200-day SMA earlier.

Midas, Inc. (NYSE: MDS) 20.1% HIGHER; today announced that its board of directors will explore and evaluate a range of strategic and financial alternatives to enhance value for stockholders. The company has retained J.P. Morgan Securities LLC to assist in this process.

Dillards, Inc. (NYSE: DDS) 17.6% LOWER; reported Q2 EPS of $0.32, $0.07 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.42 billion. Comps up 6%.

DeVry, Inc. (NYSE: DV) 16.5% LOWER; reported Q4 EPS of $1.08, $0.05 better than the analyst estimate of $1.03. Revenue for the quarter came in at $546.7 million versus the consensus estimate of $545.71 million.

Quepasa Corp. (NYSE: QPSA) 16.4% LOWER; reported Q2 EPS of ($0.14), versus ($0.15) reported last year. Revenue for the quarter came in at $1.8 million, versus $1.2 million reported last year.

China Housing & Land Development (Nasdaq: CHLN) 15.7% HIGHER; continuing higher today after seemingly breaking out yesterday after 2pm ET. The stock rose a sharp 47 percent yesterday.

AsiaInfo-Linkage (Nasdaq: ASIA) 15.6% LOWER; correcting today following a nearly 24 percent rise yesterday.

XOMA (Nasdaq: XOMA) 14.5% HIGHER; appears to have broken above a resistance level around $1.50.

Clearwire (Nasdaq: CLWR) 14.4% HIGHER; traders buying the stock amid speculation about regulator approval of the AT&T (NYSE: T), T-Mobile deal. An analyst at Stifel Nicolaus now sees the likelihood of the deal going through at 49.5 percent, down from 54.7 percent in July.

FXCM (Nasdaq: FXCM) 14.3% HIGHER; following earnings yesterday, JPMorgan added the stock to its "America's Focus List."

Bally Technologies (NYSE: BYI) 13.6% LOWER; reported Q4 EPS of $0.51, $0.04 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $213.7 million versus the consensus estimate of $203.53 million.

Molycorp (NYSE: MCP) 13.3% HIGHER; reported Q2 EPS of $0.52, $0.10 better than the analyst estimate of $0.42. Revenue for the quarter came in at $99.6 million versus the consensus estimate of $98.59 million. Raises FY11 production outlook to a range of 4,941 - 5,881 MT of REO, saw 4,0541 - 5,813 MT prior.

A123 Systems (Nasdaq: AONE) 9.2% LOWER; following a 45 percent surge yesterday amid a contract from GM (NYSE: GM), Goldman Sachs downgraded the stock ton Neutral this morning.

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