Unusual 11 Midday Movers 02/10: (CIE) (LNKD) (MOVE) (IPSU) Higher; (AMRS) (TRLG) (KV-A) Lower

February 10, 2012 2:04 PM EST
Cobalt International Energy, Inc. (NYSE: CIE) 37.4% HIGHER; provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. Click here for the full report. The stock was upgraded at Howard Weil earlier.

Amyris (Nasdaq: AMRS) 28.7% LOWER; management held a business update call where management removed 2012 guidance, pushed out construction plans and announced a capital raise. The stock was downgraded by Morgan Stanley and Deutsche Bank this morning.

True Religion Apparel, Inc. (NASDAQ: TRLG) 25.6% LOWER; reported Q4 EPS of $0.57, $0.14 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $119.4 million versus the consensus estimate of $128.9 million. Sees FY2012 EPS of $1.88-$1.95, versus the consensus of $2.37. Sees FY2012 revenue of $450-$460 million, versus the consensus of $494 million. The stock was downgraded by Brean Murray, Caris and Benchmark.

KV Pharma (NYSE: KV-A) 24% LOWER; reported Q3 loss of 63 cents per share on sales of $5.1 million.

Exide Technologies (NASDAQ: XIDE) 23.9% LOWER; reported Q3 EPS of $0.84, compared to $0.34 reported last year. Revenue for the quarter came in at $784.1 million versus the consensus estimate of $846.97 million.

Amtech Systems (NASDAQ: ASYS) 20% LOWER; reported Q1 EPS of ($0.09), $0.15 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $22.12 million.

Linkedin (NYSE: LNKD) 16.7% HIGHER; reported Q4 EPS of $0.12, $0.05 better than the analyst estimate of $0.07. Revenue for the quarter came in at $167.7 million versus the consensus estimate of $159.72 million. Sees Q1 2012 revenue of $170-$175 million, versus the consensus of $170.8 million. Sees FY2012 revenue of $840-$860 million, versus the consensus of $828 million.

Move (NASDAQ: MOVE) 16.5% HIGHER; reported Q4 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $47.27 million versus the consensus estimate of $47.27 million. Move sees Q4 2012 revenue of $47.5 million. Sees FY2012 revenue of $195-$200 million, versus the consensus of $197.99 million.

Imperial Sugar (Nasdaq: IPSU) 16.3% HIGHER; continuing higher following an 80 percent surge yesterday on the heels of strong Q1 results.

Pharmacyclics (Nasdaq: PCYC) 14.3% HIGHER; following strong Q2 results and the resulting 10 percent rise in the stock yesterday, shares have pushed over resistance at $20 today. The stock is now over $22.50.

RPX Corp. (Nasdaq: RPXC) 13.7% HIGHER; Alcatel-Lucent announced a licensing syndicate for its patents.


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Deutsche Bank, Brean Murray Carret & Co., Morgan Stanley, American Technology Research