Unusual 11 Mid-Day Movers 09/07: (MELA) (CONN) (WLT) Higher; (VDSI) (FRAN) (MCOX) Lower
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Mela Sciences (Nasdaq: MELA) 69.6% HIGHER; WSJ is saying the company's skin cancer diagnostic device has gained EU approval.
Conn's, Inc. (Nasdaq: CONN) 34.0% HIGHER; reported Q2 EPS of $0.17, 6 cents better than the analyst estimate of $0.11. Revenue for the quarter came in at $184.4 million versus the consensus estimate of $184.83 million. Same store sales fell 12.8. Conn's sees FY2011 EPS of $0.65 to $0.75, versus the consensus of $0.54.
Walter Energy, Inc. (NYSE: WLT) 26.0% HIGHER; shares are moving on reports from the London Times that Anglo American (OTCBB: AAUKY) is considering a $120/share bid for the company. BHP (NYSE: BHP) is also said to be interested. The reports have the entire coal sector hot this afternoon.
MGIC Investment (NYSE: MTG) 23.1% HIGHER; issues monthly operating statistics today. View the press release to see the full report. Shares of Radian (NYSE: RDN) are up 13.5 percent, shares of AIG (NYSE: AIG) are up 7.4 percent, shares of Hartford (NYSE: HIG) are up 6 percent.
Petroleum Development Corporation (Nasdaq: PETD) 22.4% HIGHER; has executed agreements with multiple parties to acquire acreage targeting the wet gas and oil phases of the Utica Shale play in multiple counties throughout southeastern Ohio. The Company has the right, after confirmation of title, to acquire an estimated 30,000 net acres in the prospective Utica Shale play located primarily in Noble, Monroe, Washington, Morgan and Guernsey counties of Southeastern Ohio.
FuelCell Energy, Inc. (Nasdaq: FCEL) 20.4% HIGHER; reported Q3 loss of ($0.07), 2 cents better than the analyst estimate of ($0.09). Revenue for the quarter came in at $31.2 million versus the consensus estimate of $28.89 million.
VASCO Data Security International (Nasdaq: VDSI) 10.5% LOWER; Wunderlich Securities downgraded VASCO from Buy to Hold.
Francesca's Holdings (Nasdaq: FRAN) 9.6% LOWER; reported Q2 EPS of $0.15, versus $0.14 reported last year. Revenue for the quarter came in at $51.2 million, versus $34.8 million reported last year. Sees Q3 2011 EPS of $0.11 to $0.13. Francesca's Holdings sees Q3 2011 revenue of $49 to $52 million. Sees FY2011 EPS of $0.51 to $0.54. Francesca's Holdings sees FY2011 revenue of $198 to $201 million.
Mecox Lane Limited (Nasdaq: MCOX) 8.9% LOWER; reported Q2 loss of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $58.7 million versus the consensus estimate of $57.94 million.
Agria Corp. (NYSE: GRO) 8.3% LOWER; investors taking profits after Agria launched its Zhong Dan 909 yesterday, causing the stock to close almost 22 percent higher.
KongZhong Corporation (Nasdaq: KONG) 5.6% LOWER; reported Q2 EPS of $0.14, 3 cents better than the analyst estimate of $0.11. Revenue for the quarter came in at $41.62 million versus the consensus estimate of $41.74 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
Conn's, Inc. (Nasdaq: CONN) 34.0% HIGHER; reported Q2 EPS of $0.17, 6 cents better than the analyst estimate of $0.11. Revenue for the quarter came in at $184.4 million versus the consensus estimate of $184.83 million. Same store sales fell 12.8. Conn's sees FY2011 EPS of $0.65 to $0.75, versus the consensus of $0.54.
Walter Energy, Inc. (NYSE: WLT) 26.0% HIGHER; shares are moving on reports from the London Times that Anglo American (OTCBB: AAUKY) is considering a $120/share bid for the company. BHP (NYSE: BHP) is also said to be interested. The reports have the entire coal sector hot this afternoon.
MGIC Investment (NYSE: MTG) 23.1% HIGHER; issues monthly operating statistics today. View the press release to see the full report. Shares of Radian (NYSE: RDN) are up 13.5 percent, shares of AIG (NYSE: AIG) are up 7.4 percent, shares of Hartford (NYSE: HIG) are up 6 percent.
Petroleum Development Corporation (Nasdaq: PETD) 22.4% HIGHER; has executed agreements with multiple parties to acquire acreage targeting the wet gas and oil phases of the Utica Shale play in multiple counties throughout southeastern Ohio. The Company has the right, after confirmation of title, to acquire an estimated 30,000 net acres in the prospective Utica Shale play located primarily in Noble, Monroe, Washington, Morgan and Guernsey counties of Southeastern Ohio.
FuelCell Energy, Inc. (Nasdaq: FCEL) 20.4% HIGHER; reported Q3 loss of ($0.07), 2 cents better than the analyst estimate of ($0.09). Revenue for the quarter came in at $31.2 million versus the consensus estimate of $28.89 million.
VASCO Data Security International (Nasdaq: VDSI) 10.5% LOWER; Wunderlich Securities downgraded VASCO from Buy to Hold.
Francesca's Holdings (Nasdaq: FRAN) 9.6% LOWER; reported Q2 EPS of $0.15, versus $0.14 reported last year. Revenue for the quarter came in at $51.2 million, versus $34.8 million reported last year. Sees Q3 2011 EPS of $0.11 to $0.13. Francesca's Holdings sees Q3 2011 revenue of $49 to $52 million. Sees FY2011 EPS of $0.51 to $0.54. Francesca's Holdings sees FY2011 revenue of $198 to $201 million.
Mecox Lane Limited (Nasdaq: MCOX) 8.9% LOWER; reported Q2 loss of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $58.7 million versus the consensus estimate of $57.94 million.
Agria Corp. (NYSE: GRO) 8.3% LOWER; investors taking profits after Agria launched its Zhong Dan 909 yesterday, causing the stock to close almost 22 percent higher.
KongZhong Corporation (Nasdaq: KONG) 5.6% LOWER; reported Q2 EPS of $0.14, 3 cents better than the analyst estimate of $0.11. Revenue for the quarter came in at $41.62 million versus the consensus estimate of $41.74 million.
To get this report daily visit http://www.streetinsider.com/entities/Unusual+11+Mid-Day+Movers.
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