Today's Morning Top Gainers (BAYN,AM,LBIX,RHT,OSP)
Bay National Corporation (NASDAQ: BAYN) is the top percentage gainers in morning trade and surged among 159% today to $3.00 on moderate volume of 240K shares on no news. Today, Bay National Corp. has has re-crossed its 200-day moving average.
American Greetings Corporation (NYSE: AM) rallied 25.50% on 1.64 million shares and now trades at $18.79 it reported second quarter EPS of $0.59 Thursday morning, which included a pre-tax benefit from an insurance program of about $0.19 per share. The consensus estimate was for EPS of $0.06.
Leading Brands, Inc. (NASDAQ: LBIX) is also moving higher by 29% to $0.75 on 1.86 million shares after it reported Q2 EPS of $0.04, compared to a loss of $0.01 in the same quarter last year. Revenue for the quarter was $6.62 million, versus $5.89 million in Q208.
Red Hat, Inc. (NYSE: RHT) soared 13% now trades at $28.11 on an unusual volume of 7.01 million shares after it reported net income for the quarter ended Aug. 31 of $28.9 million, or 15 cents a share. That was up from $21.1 million, or 10 cents a share, a year earlier. Revenue climbed 12% to $183.6 million
OSG America L.P. (NYSE: OSP) jumped up 17.44% to $10.17 on 245K shares after today it announced that it has increased the price per unit that it will offer to pay for all of the outstanding publicly held common units of OSG America L.P. (OSG America or the Partnership; NYSE: OSP) from $8.00 to $10.25 per unit in cash.
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Posted-In: Intraday Update Markets Movers