Mid-Day Market Movers (MCBC, PWER, TRID, TSBK)

Macatawa Bank Corporation MCBC jumped 40.91% to $2.17 by 10:41 am. MCBC swung to profits in Q2 and its net interest margin expanded for the sixth consecutive quarter. Power-One PWER shares surged 26.20% to $12.54. PWER’s second quarter earnings and revenue beat the Street view. Trident Microsystems Inc TRID shares advanced 22.97% to $1.82. TRID’s Q2 revenue increased sequentially by a wide margin. Timberland Bancorp, Inc TSBK climbed 20% to $3.60. TSBK’s shares have slipped 38.14% over the past 52 weeks, as compared to a 11.63% gain in the S&P500 index. Read more from Benzinga's Markets.