Top Percentage Gainers and Losers as of 12pm 5/09/11 (SCEI, FFHL ROSE, SMI, DTG, HTZ, SYY, CERS, LFT, ZRAN, OXGN, MOBI, GKK, EBS, TSN)

Best 1) Sino Clean Energy SCEI: Trading up 26.2% from Friday's close to $2.64. Sino Clean announced a $20 million share repurchase program to take place over the next twelve months. 2) Fuwei Films FFHL: Trading up 23% from Friday's close to $3.42. Shares of Fuwei have broken through their 20-, 50-, and 200- day moving averages (six month chart) in today's session. 3) Rosetta Resources ROSE: Trading up 18% from Friday's close to $48.50. Rosetta was upgraded from Neutral to Add at Capital One. The price target was set at $50.00. 4) Semiconductor Manufacturing International SMI: Trading up 12.8% from Friday's close to $5.29. Shares of Semiconductor Manufacturing set a new 52-week high of $5.33 earlier in the session. 5) Dollar Thrifty Automotive DTG: Trading up 12.8% from Friday's close to $78.57. Hertz Global HTZ offered to purchase Dollar Thrifty for $2.36 billion in cash and stock - $57.60 in cash and 0.8546 in stock ($72 per share total). Dollar Thrifty's board is currently reviewing the offer. Other Notable Gainers Sysco SYY: Trading up 12% from Friday's close to $31.92. Cerus CERS: Trading up 11.8% from Friday's close to $3.03. Worst 1) Longtop Financial Technologies LFT: Trading down 12.9% from Friday's close to $17.60. Shares of Longtop are approaching their 52-week low of $16.70, which was set on April 27th. 2) Zoran ZRAN: Trading down 12.5% from Friday's close to $8.38. Zoran reported a loss of $0.62 per share versus estimates of a $0.38 per share loss in the first quarter. The company expects to lose between $0.40 - $.0.43 per share for the second quarter versus estimates of a $0.20 per share loss. 3) OXiGENE OXGN: Trading down 11.5% from Friday's close to $3.12. Shares have already traded more than seven times their daily average volume. 4) Sky-mobi MOBI: Trading down 10.1% from Friday's close to $13.30. Shares of Sky-mobi had been up as much as 5% earlier in the session. The company reported sales of $27.1 million versus estimates of $24.85 million. Earnings per share came in at $0.00 versus $0.04 estimates. 5) Gramercy Capital GKK: Trading down 8.9% from Friday's close to $2.46. Gramercy Capital reported that the scheduled maturity of its $240.5 million mortgage loan has passed without repayment. As a result, the Mortgage Lenders and Mezzanine Lenders may seek to foreclose on the collateral securing the loan. Other Notable Losers Emergent Biosolutions EBS: Trading down 6.4% from Friday's close to $21.52. Tyson Foods TSN: Trading down 5.7% from Friday's close to $17.81.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Long IdeasShort IdeasSmall Cap AnalysisIntraday UpdateMarketsMoversTrading IdeasApplication SoftwareBiotechnologyCapital OneCommodity ChemicalsConsumer StaplesEnergyFinancialsFood DistributorsHealth CareHealth Care SuppliesIndustrialsInformation TechnologyMaterialsOil & Gas Exploration & ProductionPackaged Foods & MeatsReal Estate Management & DevelopmentSemiconductorsTrucking
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!