StreetInsider.com Unusual 11 Mid-Day Movers 09/20

StreetInsider.com Unusual 11 Mid-Day Movers:

BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) 35% LOWER; announced preliminary findings from a Phase II study with intramuscular (i.m.) injection of peramivir, its candidate for the treatment of seasonal and life-threatening influenza. The company said the improvement over placebo was not statistically significant.

e-Future Information Technology Inc. (Nasdaq: EFUT) 30% HIGHER; China-related stocks see upside momentum

China Eastern Airlines Corp. Ltd. (NYSE: CEA) 27% HIGHER; China-related stocks see upside momentum

Cott Corporation (NYSE: COT) 20% LOWER; announced lower 2007 earnings expectations. The Company is lowering its earnings expectations for 2007 as a result of higher than expected industry volume declines in key markets, increased promotional activity by national brands, and the continuing impact of commodity costs not sufficiently offset in the short term by growth and cost-cutting initiatives.

China Finance Online Co. Ltd. (Nasdaq: JRJC) 19% HIGHER; China-related stocks see upside momentum

Circuit City Stores Inc. (NYSE: CC) 17% LOWER; reports Q2 loss of $0.38, versus the consensus of a $0.12 loss. Q2 comps fell 7.9%. Revenues came in at $2.64 billion versus the consensus of $2.78 billion.
The company expects continued weakness in its third quarter results, with a net loss from continuing operations less than that of the second quarter. The improvement will result from stabilizing performance levels as the pace of change slows in both the stores and the store support center. The company expects to deliver a net profit for the fourth quarter and a full-year net loss from continuing operations.

VeriChip Corporation (Nasdaq: CHIP) 16% HIGHER; Announces $1.5 million share buyback

ShoreTel, Inc. (Nasdaq: SHOR) 14% HIGHER; JP Morgan initiates coverage on Shoretel with an Overweight rating.

Monolithic Power Systems (Nasdaq: MPWR) 12.5% HIGHER; now expects third quarter revenue to be in the range of $38 million to $39 million. Prior revenue guidance for the third quarter was a range of $33 million to $35 million. The consensus is $34.3 million.

Monro Muffler Brake, Inc. (Nasdaq: MNRO) 9% LOWER; anticipates second quarter 2008 diluted earnings per share to be in the range of $.41 to $.43. This compares with the Company's previous expected range of $.53 to $.56 per diluted share as stated in its first quarter earnings release. The Wall Street consensus is $0.54. For the full year, the Company has revised its expected range for comparable store sales growth to 2% to 4%, which compares with its previous expected range of 3% to 5%, as stated in its first quarter 2008 earnings release.

American Greetings Corp. (NYSE: AM) 8% HIGHER; reports Q2 EPS of $0.16, versus the consensus of a $0.07 loss. Revenues came in at $377.4 million versus the consensus of $336.8 million. The company affirmed its previously announced estimate of earnings per share from continuing operations for fiscal 2008 to be between $1.35 to $1.55 per share. The consensus is $1.45.

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