Unusual 11 Mid-Day Movers 07/16: (SHFL) (SOL) (NTLS) Higher; (JOEZ) (HSII) (KOOL) Lower
SHFL entertainment, Inc. (Nasdaq: SHFL) 21.8% HIGHER; Bally Tech will acquire the company for $23.25 per share. For more color, click here.
Joe's Jean, Inc. (Nasdaq: JOEZ) 21.5% LOWER; reported Q2 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $30.9 million versus the consensus estimate of $32.47 million. Same stores sales, which are stores open the full 12 months and e-shop, were a negative 6% on a comparative basis.
ReneSola (NYSE: SOL) 20.8% HIGHER; boosted certain Q2 and FY13 metrics. For more color, click here.
Heidrick & Struggles, Inc. (Nasdaq: HSII) 16.5% LOWER; announced that L. Kevin Kelly has stepped down as Chief Executive Officer and resigned from the Company's Board of Directors. Jory Marino, Regional Leader, Americas, will serve as Interim CEO while a search committee of the Board considers both internal and external candidates for the CEO position.
ThermoGenesis Corp. (Nasdaq: KOOL) 16.1% LOWER; ThermoGenesis and TotipotentRx Corporation announced that they have entered into a definitive merger agreement.
NTELOS Holdings Corp. (Nasdaq: NTLS) 14.5% HIGHER; could be ramping this week on the acquisition of Leap Wireless by AT&T.
Addus HomeCare (Nasdaq: ADUS) 14.0% LOWER; Baird downgraded the stock from Outperform to Neutral.
Nymox Pharmaceutical Corporation (Nasdaq: NYMX) 13.7% HIGHER; continuing higher after reporting favorable results on July 11th from the most recent Safety Monitoring Committee review of ongoing safety data for the Company's NX02-0017 clinical trial, one of the two Phase 3 pivotal trials for NX-1207, Nymox's investigational drug for benign prostatic hyperplasia (BPH). The July 9, 2013 Safety Monitoring Committee meeting found no significant safety concerns to date. The Company's pivotal Phase 3 trials have completed enrollment and treatment (a single intraprostatic injection of either drug or placebo) and patient evaluation is continuing at over 70 well-known urology investigative sites across the U.S.
Wi-Lan Inc. (Nasdaq: WILN) 12.6% HIGHER; rebounding after getting hit Monday on an adverse patent ruling.
Stamps.com (Nasdaq: STMP) 11.5% LOWER; B. Riley cut its rating on Stamps.com from Buy to Neutral, moving its price target down from $43.50 to $39.50.
Forest Oil Corporation (NYSE: FST) 10.4% HIGHER; continuing higher today after announcing plans to sell oil and gas assets located in the Texas Panhandle.
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