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1) Kendle International KNDL: Trading up 58% from yesterday's close to $15.01. Kendle International is to be acquired by INC Research for $15.25 per share in cash. The deal is valued at $232 million.
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3) Gibralter Industries ROCK: Trading up 21.3% from yesterday's close to $13.25. Gibralter reported earnings of $0.05 per share versus a loss of $0.08 per share for the same period last year. Net income rose to $8.4 million compared to a loss of $21.2 million for the same quarter last year. 4) Polypore International PPO: Trading up 20.2% from yesterday's close to $66.60. Polypore reported earnings of $0.55 cents per share versus estimates of $0.39 per share. Revenue came in at $27.5 million. 5) Blue Dolphin Energy BDCO: Trading up 18.6% from yesterday's close to $6.45. Other Notable Gainers Men's Wearhouse MW: Trading up 15.6% from yesterday's close to $32.29. Men's Wearhouse raised its first-quarter guidance to $0.47 - $0.50 per share versus estimates of $0.29 per share. Fonar FONR: Trading up 13.8% from yesterday's close to $2.14. Leap Wireless International LEAP: Trading up 13.4% from yesterday's close to $17.09. Leap Wireless was upgraded from Neutral to Buy by Collins Stewart. Worst 1) Timberland TBL: Trading down 26.8% from yesterday's close to $30.41. Timberland reported earnings of $0.35 cents per share versus estimates of $0.59 per share. Revenue came in at $349 million versus estimates of $361 million. 2) Sino Clean Energy SCEI: Trading down 24.3% from yesterday's close to $2.64. Sino Clean announced that it intends to take action against parties responsible for “malicious and fraudulent attacks” on the company, which, the company claims, was by or on behalf of short sellers. 3) Smith Micro Software SMSI: Trading down 22.2% from yesterday's close to $5.65. Smith Micro forecast revenue for the second quarter of $15 to 20 million versus estimates of $24.2 million. The company was downgraded from Buy to Hold at Canaccord. 4) Savient Pharmaceuticals SVNT: Trading down 17.7% from yesterday's close to $9.13. Savient reported earnings of -$0.19 per share versus estimates of -$0.31 per share. Revenue came in at $1.3 million versus estimates of $2 million. 5) Global Industries GLBL: Trading down 16.6% from yesterday's close to $7.31. Global Industries reported earnings of -$0.30 per share versus -$0.19 per share for the same period last year. The company posted a net loss of $33.9 million compared to a net loss of $21.4 million for same quarter last year. Other Notable Losers Union Drilling UDRL: Trading down 14.5% from yesterday's close to $10.01. Union drilling reported a loss of $0.20 per share on $56 million in revenue for the first quarter. Aeropostale ARO: Trading down 15.5% from yesterday's close to $21.53. Aeropostale cut its second quarter guidance to $0.20 per share versus its forecast of $0.35 to $0.38 per share. Deer Consumer Products DEER: Trading down 13.5% from yesterday's close to $8.60. Deer received harsh criticism from Jim Cramer yesterday. The host said, “Do not buy shares of this Chinese appliance company,” citing it as “an accounting morass.”© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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