Morning Movers 09/09: (ULTA) Higher; (VRSN) (CLNE) (TSRA) Lower

September 9, 2011 10:13 AM EDT
VeriSign (Nasdaq: VRSN) 11.9% LOWER; CFO leaving company.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) 9.9% HIGHER; reported Q2 EPS of $0.38, $0.06 better than the analyst estimate of $0.32. Revenue for the quarter came in at $394.6 million versus the consensus estimate of $384.18 million. Sees Q3 2011 EPS of $0.36-$0.38, versus the consensus of $0.34. Sees Q3 2011 revenue of $400-$407 million, versus the consensus of $395.5 million.

Clean Energy (Nasdaq: CLNE) 6.7% LOWER; correction today following a more than 17 percent run-up over the last two trading sessions.

Tessera Technologies, Inc. (Nasdaq: TSRA) 6.7% LOWER; provided financial guidance for the third quarter ending Sept. 30, 2011. Sees revs of about $60 million, versus the consensus of $74.30 million. Third quarter 2011 Micro-electronics revenues, which come entirely from Tessera, Inc., a wholly owned subsidiary of Tessera Technologies, Inc., are expected to be approximately $50 million. As a comparison, second quarter 2011 royalties and license fees were $60.5 million and third quarter 2010 royalties and license fees were $72.0 million.


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