Unusual 11 Mid-Day Movers 03/07: (TRCR) (BONT) (IBIO) Higher; (P) (VRML) (CCIH) Lower

March 7, 2012 1:05 PM EST
Transcend Services (Nasdaq: TRCR) 39.5% HIGHER; Nuance (Nasdaq: NUAN) announced plans Wednesday to acquire Transcend Services for $29.50/share in cash, or approximately $300 million.

The Bon-Ton Stores, Inc. (Nasdaq: BONT) 30.7% HIGHER; reported Q4 GAAP EPS of $4.00, which includes 93 cents per share in gains. Non-GAAP EPS totaled $3.07 vs. the analyst estimate of $3.19. Revenue for the quarter came in at $983.2 million versus the consensus estimate of $1 billion. Same-store sales were down 2.6 percent. Sees FY12 EPS of 15-75 cents, which does not compare to the consensus of a $1.26 per share loss. The company is expecting FY same-store sales to be up 1-2 percent.

Vermillion (Nasdaq: VRML) 27.3% LOWER; traders taking profits following a 125 percent surge yesterday amid approval for the company's OVA1 test. The stock was downgraded to Sell by Ladenburg Thalmann late last night.

Pandora Media (NYSE: P) 24.1% LOWER; reported Q4 adjusted loss of ($0.03), 1 cents worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $81.3 million versus the consensus estimate of $83.03 million. Sees Q1 2013 revenue of $72-$75 million, versus the consensus of $86.6 million. Sees FY2013 revenue of $410-$420 million, versus the consensus of $418 million.

iBio (AMEX: IBIO) 23.6% HIGHER; pushing above resistance at $0.90 this morning. The stock has tested this level several times so far this year. Volume is very heavy today.

Discovery Labs (Nasdaq: DSCO) 21.1% HIGHER; announces FDA approval for Surfaxin. Click here to see the full report.

Agenus (Nasdaq: AGEN) 18.8% HIGHER; shares are continuing higher today after breaking above the 200-day SMA late yesterday. The stock is getting help from a Seeking Alpha entitled "Add Agenus to the Growing List of Buyout Candidates."

Global Cash Access Holdings (NYSE: GCA) 17.9% HIGHER; reported Q4 EPS of $0.17, 4 cents better than the analyst estimate of $0.13. Revenue for the quarter came in at $137.7 million versus the consensus estimate of $130.63 million. Sees FY2012 EPS of $0.76-$0.82, versus the consensus of $0.58.

ChinaCache International Holdings (Nasdaq: CCIH) 13.4% LOWER; reported Q4 EPS of ($0.02) vs. the analyst estimate of $0.07 (may not be comparable). Revenue for the quarter came in at $28.5 million versus the consensus estimate of $28 million. The stock was downgraded at Pacific Crest this morning.

Brown Shoe Co., Inc. (NYSE: BWS) 13.5% LOWER; reported Q4 EPS of $0.10, 10 cents worse than the analyst estimate of $0.20. Revenue for the quarter came in at $628.9 million versus the consensus estimate of $643.81 million. Sees FY2012 EPS of $0.78-$0.92, versus the consensus of $0.78. Sees FY2012 revenue of $2.55-$2.58 billion, versus the consensus of $2.61 billion.

Syntroleum Corp (Nasdaq: SYNM) 11.3% LOWER; reported a Q4 loss of $0.03 per share, versus ($0.06) reported last year.

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Pacific Crest Securities, Ladenburg Thalmann Financial Services, Unusual 11 Mid-Day Movers