Streetinsider.com After-Hours Movers 07/10: (SSH) (APOL) (VOXX) Higher; (MACK) (RMTI) (PSMT) Lower (more...)

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Merrimack Pharmaceuticals, Inc. (Nasdaq: MACK) 10.4% LOWER; announced its intention to offer, subject to market and other conditions, $50 million of its common stock and $75 million in aggregate principal amount of its convertible senior notes due 2020 (the "Notes") in concurrent underwritten public offerings pursuant to Merrimack's effective Registration Statement on Form S-3 (File No. 333-186369).

Sunshine Heart (NASDAQ: SSH) 7% HIGHER; Oppenheimer initiates coverage with a Outperform. PT $11.00.

Rockwell Medical (NASDAQ: RMTI) 6.9% LOWER; to host a conference call tomorrow, Thursday, July 11, at 8:00am EDT to review top-line results from their Phase 3 (CRUISE-1) efficacy study of SFP, the Company's late-stage investigational iron-delivery drug for the treatment of iron deficiency in chronic kidney disease patients receiving hemodialysis. Rockwell will announce the top-line results tomorrow morning prior to the call.

Apollo Group Inc. (NASDAQ: APOL) 7% HIGHER; on July 9, 2013, University of Phoenix, Inc., its whollyowned subsidiary, was notified by The Higher Learning Commission (HLC) that its accreditation was reaffirmed through the 20222023 academic year, and that the University was placed on Notice status. HLC, a commission member of the North Central Association of Colleges and Schools, is the regional accreditor of the University.

VOXX International (NASDAQ: VOXX) 3.8% HIGHER; reported Q1 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $193 million versus the consensus estimate of $191.97 million

Pricesmart, Inc. (NASDAQ: PSMT) 3.6% LOWER; reported Q3 EPS of $0.61, $0.03 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $571.7 million versus the consensus estimate of $573.56 million.

Zumiez Inc. (NASDAQ: ZUMZ) 3.1% LOWER; announced that total net sales for the five-week period ended July 6, 2013 increased 14.5% to $58.8 million, compared to $51.3 million for the five-week period ended June 30, 2012. The Company's comparable store sales increased 1.0% for the five-week period ended July 6, 2013 compared to a comparable store sales increase of 8.2% for the five-week period ended June 30, 2012.

Penn National Gaming, Inc. (PENN: Nasdaq) 1% HIGHER; announced today that the Nevada Gaming Control Board unanimously approved the steps necessary to implement the previously announced planned separation of its operating assets and real property assets. In order to complete the regulatory process in Nevada, the Company must now obtain the approval of the Nevada Gaming Commission, which is scheduled to consider the matter on July 25, 2013.

Yum! Brands, Inc. (NYSE: YUM) 0.6% HIGHER; reported Q2 EPS of $0.56, versus the analyst estimate of $0.54. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.93 billion.

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