Morning Market Movers

UTStarcom Holdings Corp UTSI shares advanced 38.10% to $1.45 at 9:45 am. UTSI reported its Q2 net income at $0.07 per share, versus a loss of $0.07 per share, in the year-ago quarter. Anacor Pharmaceuticals Inc ANAC climbed 34.77% to $5.00. ANAC is scheduled to report its Q2 results on August 11. Forward Industries Inc FORD surged 28.86% to $2.59. FORD had $16.29 million in total cash and no debt for the recent quarter. Allied Healthcare Products Inc AHPI shares surged 28.14% to $4.69. AHPI had $5.80 million in total cash and no debt for the recent quarter.