StreetInsider.com Pre-Open Movers 11/19: (BMTI) (INVE) (LOW) Higher; (DMND) (ARUN) (LH) Lower (more...)

November 19, 2012 9:28 AM EST
BioMimetic Therapeutics, Inc. (NASDAQ: BMTI) 75% HIGHER; acquired by Wright Medical Group, Inc. (NASDAQ: WMGI).

Identive Group, Inc. (Nasdaq: INVE) 10% HIGHER; selected by a U.S. federal agency within the Department of Homeland Security to implement its Hirsch-branded access control and security management systems at the agency's more than 200 locations nationwide. Identive's systems will secure entry and exit points at the agency's facilities and provide secure work environments for agency employees.

Diamond Foods, Inc. (Nasdaq: DMND) 9% LOWER; Downgraded to Underperform at Jefferies

Sina's (Nasdaq: SINA) 8% HIGHER; Alibaba Group is planning to take a stake in Sina'a Weibo, China's version of Twitter, according to reports out of Reuters. Sources say the agreement is in the final stages, and values Sina Weibo at around $3 billion. Alibaba plans to take a 15 to 20 percent stake in the company.

Lowe's Cos. (NYSE: LOW) 6% HIGHER; reported Q3 EPS of $0.40, $0.05 better than the analyst estimate of $0.35. Revenue for the quarter came in at $12.1 billion versus the consensus estimate of $11.9 billion. Comps up 1.8%, versus expectations of 0.8%. Lowe's reaffirmed FY2012 EPS guidance.

Tyson Foods Inc. (NYSE: TSN) 5% HIGHER; reported Q4 EPS of $0.55, $0.11 better than the analyst estimate of $0.44. Revenue for the quarter came in at $8.37 billion versus the consensus estimate of $8.49 million

Complete Genomics, Inc. (Nasdaq: GNOM) 4% HIGHER; Illumina (Nasdaq: ILMN) was second bidder

MEMC Electronic (NYSE: WFR) 4% HIGHER; insider buying

Aruba Networks (Nasdaq: ARUN) 4% LOWER; Down on Cisco acquisition of Meraki

J. C. Penney Company, Inc. (NYSE: JCP) 3% HIGHER; Positive Barron's write-up

Bank of America (BAC) 2% HIGHER; upgraded to Buy at Stifel

Laboratory Corp (NYSE: LH) 1% LOWER; Downgraded to Sell at Goldman


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