StreetInsider.com 11 Unusual Mid-day Movers 09/14

StreetInsider.com 11 Unusual Mid-day Movers:

Uroplasty, Inc. (Amex: UPI) 50.7% HIGHER; Announced yesterday that it has received an approvable letter from the U.S. Food and Drug Administration (FDA) relating to its pre-market approval (PMA) application for Macroplastique(R) Implants for the treatment of female stress urinary incontinence (SUI). The receipt of the approvable letter follows FDA's completion of the scientific review of the safety and efficacy of Macroplastique. The FDA determined that the PMA is approvable subject to Uroplasty's manufacturing facilities, methods and controls being audited by the FDA and in compliance with applicable Quality System Requirements. The FDA is currently auditing Uroplasty's manufacturing facilities in Minneapolis, Minnesota and Eindhoven, The Netherlands.

Applica Inc (NYSE: APN) 21% HIGHER; Harbinger Capital Partners Master Fund I, Ltd. and Harbinger Capital Partners Special Situations Fund, L.P., together the largest shareholder of Applica Incorporated (NYSE: APN), with ownership of an aggregate of 9,830,800 shares or approximately 40% of the common stock of the Company, announced that it has sent a letter to Applica's Board proposing to acquire all outstanding shares of the Company not owned by Harbinger for $6 per share in cash.

Kendle International Inc. (Nasdaq: KNDL) 19% HIGHER; Stock moving higher after positive comments on today's conference call.

Curis, Inc., (NASDAQ: CRIS) 16.6% HIGHER; Company named to Deloitte's prestigious Technology Fast 50 Program for New England, a ranking of the 50 fastest growing technology, media, telecommunications and life sciences companies in the area by Deloitte & Touche USA LLP. Rankings are based on the percentage revenue growth over five years from 2001-2005.

QMed, Inc. (Nasdaq: QMED) 14.1% HIGHER; Reaffirms FY07 revenue guidance after being awarded three new contracts. (NOTE - light volume)

Transmeta (Nasdaq: TMTA) 12% HIGHER; Matrix Research initiated coverage on TMTA with a Strong Buy rating.

IAMGOLD Corporation (NYSE: IAG) 11.25% LOWER; Company and Cambior Inc. (AMEX: CBJ) agreed to a US$3 billion transaction to create a new million ounce plus gold producer. The new company will continue under the name IAMGOLD Corporation.

Headwaters Inc. (NYSE: HW) 11% HIGHER; No significant news released today. The stock has fallen approx. 50% over the past 6 months.

FortuNet (Nasdaq: FNET) 10.5% LOWER; Continues lower on profit taking and yesterday's Motley Fool article which questioned the recent run-up in stock price.

New Oriental Education & Technology Group (NYSE: EDU) 8.2% HIGHER; Recent China-based IPO seeing action

Time Warner Telecom Inc. (Nasdaq: TWTC) 6.7% LOWER; Announced that its principal stockholders commenced an underwritten public offering of 27,500,000 shares of its Class A common stock plus an option to purchase up to an additional 4,125,000 shares to cover over-allotments, if any.

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