Notable 50-Day SMA Crossers 06/04: (NCT) (PBI) (SAI) Above; (ARRY) (P) (ARCP) Below

• Newcastle Investment Corp. (NYSE: NCT) up 3.5 percent. Moving to new highs as it moved to replace its CFO, as disclosed in a regulatory filing Monday night.
  
  
• Pitney Bowes Inc. (NYSE: PBI) up 3.3 percent. Announced the appointment of Roger Pilc as Executive Vice President and Chief Innovation Officer. Pilc joins Pitney Bowes from CA Technologies (Nasdaq: CA).
  
  
• SAIC, Inc. (NYSE: SAI) down 0.8 percent. SAIC missed quarterly expectations but guidance for fiscal 2014 came in to the strong-side of views.

• Array BioPharma Inc. (Nasdaq: ARRY) down 7.9 percent. Announced plans to offer, subject to market and other conditions, convertible senior notes due 2020 of approximately $100 million in aggregate principal amount in an underwritten public offering.
  
  
• Pandora Media, Inc. (NYSE: P) down 5.4 percent. Moving lower and lower on increased speculation that Apple (Nasdaq: AAPL) might announce an Internet streaming-radio service during WWDC 2013 next week. For more color, click here.
  
  
• American Realty Capital Properties, Inc. (Nasdaq: ARCP) down 0.2 percent. Has been melting lower all day after announcing that it sold 29.4 million shares at a price of $15.47 per share.

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