StreetInsider.com Unusual 11 Mid-Day Movers 12/21/06

Praecis Pharmaceuticals (Nasdaq: PRCS) 146% HIGHER; GlaxoSmithKline plc (NYSE: GSK) and Praecis Pharmaceuticals announced the execution of a definitive agreement providing for GSK to acquire all outstanding shares of PRAECIS' common stock for a cash purchase price of US $5.00 per share or a total of approximately $54.8 million for the entire equity interest of PRAECIS.

Onstream Media (Nasdaq: ONSM) 52% HIGHER; Stock is seeing upside action this morning on heavy volume. The stock is up today after yesterday's 20% jump. On Wednesday the company announced new Web 2.0 features, automation and video search capabilities.

International Assets Holding (Nasdaq: IAAC) 26.8% LOWER; For Q4 2006, the Company reported a net loss of $1,962,000 compared to net income of $1,047,000 for the three months ended September 30, 2005 ("Q4 2005"). The loss per share was $0.25 ($0.25 diluted) for Q4 2006 against earnings per share of $0.14 ($0.13 diluted) for Q4 2005. Total operating revenue for Q4 2006 decreased by 42% to $4,414,000 from $7,615,000 in Q4 2005. Revenue in the Company's international equities business increased by 39% from $3,434,000 in Q4 2005 to $4,764,000 in Q4 2006.

Lifetime Brands (Nasdaq: LCUT) 19% LOWER; Anticipates net revenues for the year ending December 31, 2006 to be $450-$455 million vs. prior guidance of $480-490 million vs. current consensus of $485.47 million. The Company expects diluted earnings per share in 2006 to be $1.10-$1.15 vs. prior guidance of $1.45-1.55 vs. current consensus of $1.48.

Ultratech (Nasdaq: UTEK) 16% LOWER; Lowers guidance. The company currently expects revenue to be down sequentially 25%-30% from the third quarter 2006 compared to earlier guidance of revenue being down sequentially 8%-10% as provided on October 19, 2006. Q4 EPS are expected to be in a range of ($0.25)-($0.30). This compares with earlier guidance of ($0.10)-($0.15).

TNS Inc. (NYSE: TNS) 14% HIGHER; Consortium offers to acquire the company for $20 per share.

M & F Worldwide Corp. (NYSE: MFW) 13.8% HIGHER; Yesterday MFW announced it would acquire John H. Harland Company (NYSE: JH) for $52.75 per share in cash, representing an approximate transaction value of $1.7 billion.

Northfield Laboratories 11.4% LOWER; Company continues lower after losing over 55% yesterday on a negative report of preliminary Top-Line data in phase III trauma study.

Jabil Circuit (NYSE: JBL) 10.4% LOWER; Reports Q1 revenues were $3.2 billion vs. $3.17 billion consensus. No earnings due to options review. The company sees Q2 revenues of $2.75-$2.85 billion, versus the consensus of $2.91 billion

Worthington Industries (NYSE: WOR) 6.75% LOWER; reports Q2 EPS of $0.31, 8 cents worse than estimates. Revenues were $729.3 million vs. $782.47 million consensus.

Accenture (NYSE: ACN) 5.5% HIGHER; Reports Q1 EPS of $0.46, 4 cents better than estimates.(0.42) Revenues were $4.75 billion vs. $4.51 billion consensus. Sees Q2 revenues of $4.6-$4.8 billion versus the consensus of $$4.49 billion. Raises FY07 EPS outlook to $1.80-$1.85, up from its previously expected range of $1.77 to $1.82. The consensus is $1.83.

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