Largest $ Movers of Note - - 08/31/2007
UPWARD MOVERS:
Terra Nitrogen (NYSE: TNH) +$10.15; Agricultural Chemicals sector/industry trading up over 2% today.
Jones Lang Lasalle Inc. (NYSE: JLL) +$7.50; Company to replace Microchip Technology in the S&P MidCap 400.
Goldman Sachs Group Inc. (NYSE: GS) +$6.20; Investment Brokerage Firm sector/industry is trading up 3.16% today.
Open Text Corp. (NASDAQ: OTEX) +$4.90; Reports Q4 adj-EPS of $0.52, above the consensus of $0.40. Revenues came in at $175.2 million versus the consensus of $166.56 billion. Also, Merrill Lynch and Kaufman Bros. upgrade the stock.
Priceline.com Inc. (NASDAQ: PCLN) +$2.68; Stock seeing continued interest with no specific news releases. However, shares have gained over 35% since August 6, 2007.
DOWNWARD MOVERS:
Compass Bancshares Inc. (NASDAQ: CBSS) -$2.05; Microchip Technology Inc. (NASDAQ: MCHP) will replace Compass Bancshares Inc. in the S&P 500
Christopher & Banks (NYSE: CBK) -$1.45; Matthew Dillon has resigned as President and Chief Executive Officer, and as a member of the board of directors, effective August 30, 2007. CIBC World Markets downgrades CBK to Sector Perform from Outperform.
Winn-Dixie Stores Inc. (NASDAQ: WINN) -$1.12; Shares drop mid-day with no specific news releases.
Cost Plus Inc. (NASDAQ: CPWM) -$0.90; Reports a Q2 adjusted loss of $0.66, 1 cent worse than estimates.(-.65) Revenues were $215.2 million vs. $217.28 million consensus. For the third quarter of fiscal 2007, the Company is projecting a net loss in the range of $16 million to $18 million, or a net loss of $0.73 to $0.80 per diluted share. (Consensus is a $0.45 loss)
International Rectifier Corporation (NYSE: IRF) -$0.62; Share seeing continued pressure after a 4 point drop yesterday after the company announces the CEO was put on leave pending the resolution of an investigation into accounting regulation.
Terra Nitrogen (NYSE: TNH) +$10.15; Agricultural Chemicals sector/industry trading up over 2% today.
Jones Lang Lasalle Inc. (NYSE: JLL) +$7.50; Company to replace Microchip Technology in the S&P MidCap 400.
Goldman Sachs Group Inc. (NYSE: GS) +$6.20; Investment Brokerage Firm sector/industry is trading up 3.16% today.
Open Text Corp. (NASDAQ: OTEX) +$4.90; Reports Q4 adj-EPS of $0.52, above the consensus of $0.40. Revenues came in at $175.2 million versus the consensus of $166.56 billion. Also, Merrill Lynch and Kaufman Bros. upgrade the stock.
Priceline.com Inc. (NASDAQ: PCLN) +$2.68; Stock seeing continued interest with no specific news releases. However, shares have gained over 35% since August 6, 2007.
DOWNWARD MOVERS:
Compass Bancshares Inc. (NASDAQ: CBSS) -$2.05; Microchip Technology Inc. (NASDAQ: MCHP) will replace Compass Bancshares Inc. in the S&P 500
Christopher & Banks (NYSE: CBK) -$1.45; Matthew Dillon has resigned as President and Chief Executive Officer, and as a member of the board of directors, effective August 30, 2007. CIBC World Markets downgrades CBK to Sector Perform from Outperform.
Winn-Dixie Stores Inc. (NASDAQ: WINN) -$1.12; Shares drop mid-day with no specific news releases.
Cost Plus Inc. (NASDAQ: CPWM) -$0.90; Reports a Q2 adjusted loss of $0.66, 1 cent worse than estimates.(-.65) Revenues were $215.2 million vs. $217.28 million consensus. For the third quarter of fiscal 2007, the Company is projecting a net loss in the range of $16 million to $18 million, or a net loss of $0.73 to $0.80 per diluted share. (Consensus is a $0.45 loss)
International Rectifier Corporation (NYSE: IRF) -$0.62; Share seeing continued pressure after a 4 point drop yesterday after the company announces the CEO was put on leave pending the resolution of an investigation into accounting regulation.
