Top Percentage Gainers and Losers as of 12pm 06/07/11

Best 1) Temple-Inland TIN: Trading up 39.8% from yesterday's close to $29.37. International Paper IP put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar WEST: Trading up 35.3% from yesterday's close to $2.56. Shares of Westinghouse set a new 52-week high of $2.75 earlier in the session. The stock has gained 119% in the past five trading sessions. 3) Exelixis EXEL: Trading up 14.5% from yesterday's close to $9.96. Exelixis reported that one percent of patients had died of drug-related causes in a clinical trial for the company's cancer therapy drug. The stock dropped 20.2% in yesterday's session. 4) ARIAD Pharmaceuticals ARIA: Trading up 8.5% from yesterday's close to $8.58. Shares broke above their 50-day moving average (one year chart) in today's action. 5) Modine Manufacturing Company MOD: Trading up 8.5% from yesterday's close to $15.24. Modine reported Q4 EPS of $0.26 versus a loss of $0.24 for the same period last year. Revenue came in at $397 million versus estimates of $379.3 million. Other Notable Gainers Pharmacyclics PCYC: Trading up 7.5% from yesterday's close to $7.60. Graphic Packaging GPK: Trading up 7.3% from yesterday's close to $5.15. Qihoo 360 Technology QIHU: Trading up 7% from yesterday's close to $21.68. Worst 1) Talbots TLB: Trading down 37.1% from yesterday's close to $2.79. Talbots reported Q1 earnings of $0.01 per share versus estimates of $0.03 per share. The company announced that it expects its gross margins and second-quarter sales to be “significantly below” last year's results. 2) Pep Boys PBY: Trading down 19.6% from yesterday's close to $10.84. Pep Boys reported Q1 earnings of $0.23 per share versus estimates of $0.30 per share. Revenue came in at $513.5 million versus $510 million for the same period last year. 3) China Medical Technologies CMED: Trading down 12.2% from yesterday's close to $8.07. The stock has dropped 20% since reporting earnings on June 2nd. 4) G-III Apparel Group GIII: Trading down 11.5% from yesterday's close to $34.06. G-III reported a Q1 loss of $0.03 per share versus estimates of a $0.04 per share profit. 5) OXiGENE OXGN: Trading down 11.1% from yesterday's close to $4.08. The stock had gained 87% in the prior two trading sessions. Other Notable Losers ChinaCache International CCIH: Trading down 10.3% from yesterday's close to $8.85. 51job JOBS: Trading down 11% from yesterday's close to $48.80. Sunesis Pharmaceuticals SNSS: Trading down 8.9% from yesterday's close to $2.25.