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Morning Movers 02/28: (ALIM) (ERT) (PSDV) (ODP) Higher; (PEIX) (SYKE) (TC) Lower

February 28, 2012 11:04 AM EST
Alimera Sciences, Inc., (Nasdaq: ALIM) 80.5% HIGHER; announced the positive outcome of the Decentralized Procedure for ILUVIEN in Europe. The announcement follows the issuance of the Final Assessment Report from the Reference Member State, the Medicines and Healthcare products Regulatory Agency of the United Kingdom, and the agreement of all the Concerned Member States that ILUVIEN is approvable. Click here to see the full report.

Pacific Ethanol (NASDAQ: PEIX) 21.1% LOWER; reported Q4 EPS of ($0.03), versus ($1.00) reported last year. Revenue for the quarter came in at $241.8 million, versus $134.2 million reported last year.

eResearch Technology Inc. (NASDAQ: ERT) 18.5% HIGHER; reported Q4 EPS of $0.14, $0.04 better than the analyst estimate of $0.10. Revenue for the quarter came in at $52.3 million versus the consensus estimate of $47.52 million. Sees Q1 2012 EPS of $0.08-$0.11, versus the consensus of $0.10. Sees Q1 2012 revenue of $46-$49 million, versus the consensus of $44.73 million. Sees FY2012 EPS of $0.45-$0.53, versus the consensus of $0.46. Sees FY2012 revenue of $195-$203 million, versus the consensus of $195.16 million. The stock was upgraded to Buy at Benchmark.

pSivida (Nasdaq: PSDV) 18.1% HIGHER; stock continuing over the $2 level today. After jumping nearly 50 percent to close at $1.74 on Friday, shares jumped another 23.5 percent yesterday.

Office Depot, Inc. (NYSE: ODP) 14% HIGHER; reported Q4 EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $2.97 billion versus the consensus estimate of $3 billion.

GreenHunter Energy (AMEX: GRH) 13.1% HIGHER; pushing over the $3 level today; the stock has not been above this range since early 2009.

Sykes Enterprises, Inc. (NASDAQ: SYKE) 13.1% LOWER; reported Q4 EPS of $0.27, $0.01 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $276.2 million versus the consensus estimate of $287.67 million. Sees FY2012 revenue of $1.10-$1.11 billion, versus the consensus of $1.2 billion.

Thompson Creek Metals Co., Inc. (NYSE: TC) 12.7% LOWER; reported Q4 EPS of $0.00, $0.07 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $116.7 million versus the consensus estimate of $108.22 million. The stock was downgraded at Deutsche Bank, TD Newcrest and Credit Suisse.

Apollo Group (Nasdaq: APOL) 12.4% LOWER; sees Q2 new-degreed enrollment flat to up in the low-single digit range, down from prior guidance of up about 13 percent. The company is now looking for FY12 operating profit of $625-$725 million, down from prior guidance of $655-$750 million.

Sina Corp (NASDAQ: SINA) 11.7% HIGHER; reported Q4 EPS of $0.21, in-line with the analyst estimate of $0.21. Revenue for the quarter came in at $128.7 million versus the consensus estimate of $129.34 million. Sees Q1 2012 revenue of $101-$104 million, versus the consensus of $113.7 million.

YRC Worldwide, Inc. (NASDAQ: YRCW) 10.7% LOWER; reported Q4 GAAP loss of ($12.40), which may not compare with the analyst estimate of ($6.69). Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.2 billion.

Domino's Pizza, Inc. (NYSE: DPZ) 10.6% HIGHER; reported Q4 EPS of $0.52, $0.03 better than the analyst estimate of $0.49. Revenue for the quarter came in at $501.75 million versus the consensus estimate of $512.72 million.

Career Education Corp (NASDAQ: CECO) 10.6% LOWER; reported Q4 EPS of $0.31, $0.05 better than the analyst estimate of $0.26. Revenue for the quarter came in at $439.5 million versus the consensus estimate of $436.52 million.

Zagg Inc. (NASDAQ: ZAGG) 9.9% HIGHER; reported Q4 EPS of $0.27, $0.07 better than the analyst estimate of $0.20. Revenue for the quarter came in at $67.5 million versus the consensus estimate of $63.97 million. Sees FY2012 revenue of $250 million, versus the consensus of $240.6 million.


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