Largest $ Movers of Note - StreetInsider.com - 05/10/2007

May 10, 2007 1:25 PM EDT
UPWARD MOVERS:
Hillenbrand (NYSE: HB) +$6.53; Reports Q2 adj-EPS of $0.87 per share, versus the consensus of $0.76. Revenues came in at $516.2 million versus the consensus of $521 million. Sees FY07 adj-EPS of $3.02-$3.32 versus the consensus of $3.16.

Air Methods Corp. (Nasdaq: AIRM) +$4.54; Reports Q1 EPS of $0.30, versus the consensus of $0.11. Revenues came in at $81.5 million

Magna (NYSE: MGA) +$4.19; Reports Q1 earnings of $1.96 per share, above the consensus of $1.35. Revenues came in at $6.42 billion versus the consensus of $5.94 billion. Sees FY07 sales $23.5-$24.8 billion versus the consensus of $23.96 billion. Also, MGA announced a major strategic investment in Magna by Russian Machines, a wholly owned subsidiary of Basic Element. This investment will accelerate Magna's strategic efforts to capitalize on the growth opportunities within the Russian and other automotive markets, and align the interests of Russian Machines and the Stronach Trust, Magna's controlling shareholder, with respect to Magna. Basic Element is one of the largest, privately held industrial conglomerates in Russia, and is beneficially held by Oleg Deripaska. Under the terms of the transaction agreement entered into by Magna, the Stronach Trust and Russian Machines, Russian Machines would invest approximately US$1.54 billion to indirectly acquire 20 million Class A Subordinate Voting Shares of Magna from treasury.

Inter Parfums (Nasdaq: IPAR) +$3.20; Reports Q1 EPS of $0.28, 5 cents better than estimates.(0.23) Revenues were $85.1 million vs. $83.51 million consensus. Sees FY07 revs of $375 million, versus the consensus of $371.3 million. Sees FY07 EPS of $1.02, versus the consensus of $1.01.

Aeropostale (NYSE: ARO) +$2.58; Announced that total net sales for the four-week period ended May 5, 2007 decreased 9.8% to $75.4 million, from $83.6 million for the four-week period ended April 29, 2006. The company now expects net earnings in the range of $0.24-$0.25 per diluted share, versus its previously issued guidance of $0.22-$0.23 per diluted share. (Consensus is $0.23)


DOWNWARD MOVERS:
Rio Tinto plc (NYSE: RTP) -$17.55; Stock seeing some profit taking on economic issues and a broad day sell-off. Also, the stock has moved up almost 50% since March 5, 2007, mainly of speculation and consolidation in the steel sector.

Ralcorp Holdings, Inc. (NYSE: RAH) -$13.39; Reports Q2 EPS of $0.02 vs. consensus of $0.84 - may not be comparable. Revenues were $519.0 million vs. $482.07 million consensus.

Whole Foods Markets (Nasdaq: WFMI) -$4.88; Reports Q2 EPS of $0.32, 4 cents below estimates.(0.36) Revenues were $1.46 billion vs. $1.49 billion consensus. Sees FY sales up 13%-17%. Sees FY same-store sales up 6%-8%.

Global Crossing (Nasdaq: GLBC) -$3.88; Company reports Q1 earnings, complete recapitalization and acquisition of Impsat.

The Knot (Nasdaq: KNOT) -$3.43; Reports Q1 EPS of $0.05, 3 cents worse than estimates.(0.08) Revenues were $21 million vs. $23.42 million consensus.

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