Morning Movers 01/25: (INCB) (ILMN) (GNOM) (LCC) Higher; (FBC) (BVSN) (FIO) (REDF) Lower
Get Alerts INCB Hot Sheet
Join SI Premium – FREE
Indiana Community Bancorp (Nasdaq: INCB) 43.9% HIGHER; Old National Bancorp (NYSE: ONB) will acquire the company in a $79.2 million stock deal.
Illumina, Inc. (NASDAQ: ILMN) 43.3% HIGHER; Roche announced a proposal to acquire all outstanding shares of Illumina for $44.50 per share in cash. Click here to see the full report.
Flagstar Bancorp, Inc. (NYSE: FBC) 22.9% LOWER; reported Q4 EPS of ($0.08), $0.05 worse than the analyst estimate of ($0.03).
Complete Genomics (Nasdaq: GNOM) 21.6% HIGHER; trading higher amid the Illumina/Roche deal.
BroadVision (Nasdaq: BVSN) 17.8% LOWER; after surging more than 300 percent from December 9th to a high midday yesterday. Just before 2pm ET Tuesday, however, shares began selling off sharply and are continuing lower today. The stock was over $43 when shares started selling off yesterday, and are now trading around $28.
Fusion-IO (NYSE: FIO) 16.6% LOWER; reported Q2 EPS of $0.05, versus ($0.08) reported last year. Revenue for the quarter came in at $84.1 million versus the consensus estimate of $31.2 million. Fusion-io sees Q3 2012 revenue of $85 million. Sees FY12 revenue growth is expected to be 65 to 70%.
Rediff.com India Ltd (NASDAQ: REDF) 15.9% LOWER; reported Q3 EPS of ($0.04), versus ($0.07) reported last year. Revenue for the quarter came in at $4.81 million, versus $5.9 million reported last year.
Ericsson Telephone Co. (Nasdaq: ERIC) 15.6% LOWER; reports Q4 EPS of SEK 0.55, versus SEK 1.65 reported for the same period a year ago. Revenue for the quarter was SEK 63.7 billion, compared to SEK 62.8 billion in Q410.
US Airways Group, Inc. (NYSE: LCC) 15% HIGHER; reported Q4 EPS of $0.13, $0.11 better than the analyst estimate of $0.02. Revenue for the quarter came in at $3.16 billion versus the consensus estimate of $3.14 billion.
Pacific Biosciences of California (Nasdaq: PACB) 14.3% HIGHER; see GNOM above. Deutsche Bank added the stock to its "Short-Term Buy" list earlier.
Textron, Inc. (NYSE: TXT) 14.2% HIGHER; reported Q4 EPS of $0.49, $0.15 better than the analyst estimate of $0.34. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.24 billion. Sees FY2012 EPS of $1.80-$2.00, versus the consensus of $1.66. Also sees FY2012 revenue of $12.5 billion, versus the consensus of $11.90 billion.
Hudson Technologies (Nasdaq: HDSN) 13.6% HIGHER; following a move above the $2 level yesterday. This morning the company announced the issuance of EPA no action assurance letter to HCFC importers and producers.
Piper Jaffray Cos. (NYSE: PJC) 13.2% LOWER; reported Q4 EPS of $0.11, $0.17 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $99.2 million versus the consensus estimate of $119.92 million.
Lecroy Corp (NASDAQ: LCRY) 13% LOWER; reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $51.1 million versus the consensus estimate of $50.68 million. Sees Q3 2012 EPS of $0.25-$0.27, versus the consensus of $0.30. Sees Q3 2012 revenue of $47-$49 million, versus the consensus of $50.33 million. Sees FY2012 EPS of $1.10-$1.12, versus the consensus of $1.19. Sees FY2012 revenue of ~$200 million, versus the consensus of $202.58 million.
Tempur-Pedic International, Inc. (NYSE: TPX) 11% HIGHER; reported Q4 EPS of $0.84, $0.02 better than the analyst estimate of $0.82. Revenue for the quarter came in at $366.8 million versus the consensus estimate of $364.36 million. Sees FY12 EPS of $3.80-$3.95 on sales of $1.6-$1.65 billion. The Street is currently expecting FY12 EPS of $3.77 on sales of $1.59 billion.
Rubicon Technology (NASDAQ: RBCN) 10.5% LOWER; Sterne Agee downgraded the stock from Neutral to Underperform.
Corning, Inc. (NYSE: GLW) 10.5% LOWER; reported Q4 EPS of $0.33, in-line with the analyst estimate of $0.33. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.84 billion. Equity earnings in the first quarter are expected to decline in the range of 5% to 20%, excluding special items,
Mercury Computer Systems, Inc. (NASDAQ: MRCY) 10.3% LOWER; reported Q2 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $68 million versus the consensus estimate of $68.34 million. Sees Q3 EPS of 9-11 cents and FY12 EPS of 59-61 cents.
CA, Inc. (NASDAQ: CA) 9.6% HIGHER; reported Q3 EPS of $0.65, $0.11 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.21 billion. CA, Inc. sees FY2012 EPS of $2.21-$2.25, versus the consensus of $2.15. CA, Inc. sees FY2012 revenue of $4.8 million, versus the consensus of $4.74 million.
TE Connectivity (NYSE: TEL) 9.6% LOWER; reported Q1 EPS of $0.66, $0.04 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $3.31 billion versus the consensus estimate of $3.44 billion. Sees Q2 2012 EPS of $0.64-$0.68, versus the consensus of $0.76. Sees Q2 2012 revenue of $3.3-$3.4 billion, versus the consensus of $3.52 billion. Sees FY2012 EPS of $2.90-$3.10, versus the consensus of $3.27. Sees FY2012 revenue of $13.8-$14.2 billion, versus the consensus of $14.67 billion.
Furniture Brands (NYSE: FBN) 9.3% HIGHER; appear to be breaking out over resistance around $1.50 today.
Rock-Tenn Co. (NYSE: RKT) 9.2% LOWER; reported Q1 adjusted EPS of $1.18, $0.22 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.31 billion.
Lions Gate (NYSE: LGF) 9% HIGHER; continuing higher after breaking above the 200-day SMA yesterday afternoon. Shares are over $10 today. The company issued a release earlier saying Lions Gate movies received six Oscar nominations.
Westell Tech (NASDAQ: WSTL) 9% LOWER; reported Q3 EPS of ($0.01), $0.03 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $14.4 million versus the consensus estimate of $27.92 million.
Delta Air Lines (NYSE: DAL) 8.5% HIGHER; reported Q4 adjusted EPS of $0.45, $0.07 better than the analyst estimate of $0.38. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.31 billion.
Illumina, Inc. (NASDAQ: ILMN) 43.3% HIGHER; Roche announced a proposal to acquire all outstanding shares of Illumina for $44.50 per share in cash. Click here to see the full report.
Flagstar Bancorp, Inc. (NYSE: FBC) 22.9% LOWER; reported Q4 EPS of ($0.08), $0.05 worse than the analyst estimate of ($0.03).
Complete Genomics (Nasdaq: GNOM) 21.6% HIGHER; trading higher amid the Illumina/Roche deal.
BroadVision (Nasdaq: BVSN) 17.8% LOWER; after surging more than 300 percent from December 9th to a high midday yesterday. Just before 2pm ET Tuesday, however, shares began selling off sharply and are continuing lower today. The stock was over $43 when shares started selling off yesterday, and are now trading around $28.
Fusion-IO (NYSE: FIO) 16.6% LOWER; reported Q2 EPS of $0.05, versus ($0.08) reported last year. Revenue for the quarter came in at $84.1 million versus the consensus estimate of $31.2 million. Fusion-io sees Q3 2012 revenue of $85 million. Sees FY12 revenue growth is expected to be 65 to 70%.
Rediff.com India Ltd (NASDAQ: REDF) 15.9% LOWER; reported Q3 EPS of ($0.04), versus ($0.07) reported last year. Revenue for the quarter came in at $4.81 million, versus $5.9 million reported last year.
Ericsson Telephone Co. (Nasdaq: ERIC) 15.6% LOWER; reports Q4 EPS of SEK 0.55, versus SEK 1.65 reported for the same period a year ago. Revenue for the quarter was SEK 63.7 billion, compared to SEK 62.8 billion in Q410.
US Airways Group, Inc. (NYSE: LCC) 15% HIGHER; reported Q4 EPS of $0.13, $0.11 better than the analyst estimate of $0.02. Revenue for the quarter came in at $3.16 billion versus the consensus estimate of $3.14 billion.
Pacific Biosciences of California (Nasdaq: PACB) 14.3% HIGHER; see GNOM above. Deutsche Bank added the stock to its "Short-Term Buy" list earlier.
Textron, Inc. (NYSE: TXT) 14.2% HIGHER; reported Q4 EPS of $0.49, $0.15 better than the analyst estimate of $0.34. Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.24 billion. Sees FY2012 EPS of $1.80-$2.00, versus the consensus of $1.66. Also sees FY2012 revenue of $12.5 billion, versus the consensus of $11.90 billion.
Hudson Technologies (Nasdaq: HDSN) 13.6% HIGHER; following a move above the $2 level yesterday. This morning the company announced the issuance of EPA no action assurance letter to HCFC importers and producers.
Piper Jaffray Cos. (NYSE: PJC) 13.2% LOWER; reported Q4 EPS of $0.11, $0.17 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $99.2 million versus the consensus estimate of $119.92 million.
Lecroy Corp (NASDAQ: LCRY) 13% LOWER; reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $51.1 million versus the consensus estimate of $50.68 million. Sees Q3 2012 EPS of $0.25-$0.27, versus the consensus of $0.30. Sees Q3 2012 revenue of $47-$49 million, versus the consensus of $50.33 million. Sees FY2012 EPS of $1.10-$1.12, versus the consensus of $1.19. Sees FY2012 revenue of ~$200 million, versus the consensus of $202.58 million.
Tempur-Pedic International, Inc. (NYSE: TPX) 11% HIGHER; reported Q4 EPS of $0.84, $0.02 better than the analyst estimate of $0.82. Revenue for the quarter came in at $366.8 million versus the consensus estimate of $364.36 million. Sees FY12 EPS of $3.80-$3.95 on sales of $1.6-$1.65 billion. The Street is currently expecting FY12 EPS of $3.77 on sales of $1.59 billion.
Rubicon Technology (NASDAQ: RBCN) 10.5% LOWER; Sterne Agee downgraded the stock from Neutral to Underperform.
Corning, Inc. (NYSE: GLW) 10.5% LOWER; reported Q4 EPS of $0.33, in-line with the analyst estimate of $0.33. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.84 billion. Equity earnings in the first quarter are expected to decline in the range of 5% to 20%, excluding special items,
Mercury Computer Systems, Inc. (NASDAQ: MRCY) 10.3% LOWER; reported Q2 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $68 million versus the consensus estimate of $68.34 million. Sees Q3 EPS of 9-11 cents and FY12 EPS of 59-61 cents.
CA, Inc. (NASDAQ: CA) 9.6% HIGHER; reported Q3 EPS of $0.65, $0.11 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.21 billion. CA, Inc. sees FY2012 EPS of $2.21-$2.25, versus the consensus of $2.15. CA, Inc. sees FY2012 revenue of $4.8 million, versus the consensus of $4.74 million.
TE Connectivity (NYSE: TEL) 9.6% LOWER; reported Q1 EPS of $0.66, $0.04 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $3.31 billion versus the consensus estimate of $3.44 billion. Sees Q2 2012 EPS of $0.64-$0.68, versus the consensus of $0.76. Sees Q2 2012 revenue of $3.3-$3.4 billion, versus the consensus of $3.52 billion. Sees FY2012 EPS of $2.90-$3.10, versus the consensus of $3.27. Sees FY2012 revenue of $13.8-$14.2 billion, versus the consensus of $14.67 billion.
Furniture Brands (NYSE: FBN) 9.3% HIGHER; appear to be breaking out over resistance around $1.50 today.
Rock-Tenn Co. (NYSE: RKT) 9.2% LOWER; reported Q1 adjusted EPS of $1.18, $0.22 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.31 billion.
Lions Gate (NYSE: LGF) 9% HIGHER; continuing higher after breaking above the 200-day SMA yesterday afternoon. Shares are over $10 today. The company issued a release earlier saying Lions Gate movies received six Oscar nominations.
Westell Tech (NASDAQ: WSTL) 9% LOWER; reported Q3 EPS of ($0.01), $0.03 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $14.4 million versus the consensus estimate of $27.92 million.
Delta Air Lines (NYSE: DAL) 8.5% HIGHER; reported Q4 adjusted EPS of $0.45, $0.07 better than the analyst estimate of $0.38. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.31 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Amphenol (APH) Tops Q1 EPS by 7c, offers guidance
- Park National (PRK) PT Raised to $130 at Keefe, Bruyette & Woods
- Bok Financial Corp (BOKF) Misses Q1 EPS by 27c
Create E-mail Alert Related Categories
Special ReportsRelated Entities
Piper Jaffray, Deutsche Bank, Sterne Agee, Morning Movers, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!