Thursday, April 3, 2014

Pre-Open Stock Movers 4/3: (AMRS) (OPEN) (CTRP) Higher; (SGOC) (BGMD) (LQDT) Lower (more...)



SGOCO Group, Ltd (Nasdaq: SGOC31.4% LOWER; reported Q4 EPS of $0.07, versus $0.19 reported last year. Revenue for the quarter came in at $44.2 million, versus $63.4 million reported last year.
BG Medicine, Inc. (Nasdaq: BGMD15.6% LOWER; intends to offer and sell shares of its common stock in an underwritten public offering. BG Medicine also expects to grant the underwriters a 30-day option to purchase additional shares of common stock to cover over-allotments, if any
Amyris, Inc. (Nasdaq: AMRS14.4% HIGHER; announced that it is entering into a collaborative research and development agreement with BASF SE. Under the agreement, Amyris will use its strain engineering technology to develop a microorganism capable of producing a target molecule identified by BASF.
Venaxis, Inc. (NASDAQ: APPY12.2% LOWER; intends to offer shares of its common stock in an underwritten public offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Liquidity Services, Inc. (NASDAQ: LQDT11% LOWER; withdraws from U.S. DLA bidding, cannot determine financial impact.
CACI International Inc. Cl A (NYSE: CACI8.5% LOWER;  cuts its FY2014 outlook.
Exact Sciences Corp. (NASDAQ: EXAS4.4% LOWER; announced that it is offering $125 million of shares of its common stock in a proposed underwritten public offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The shares will be issued pursuant to a prospectus supplement to be filed as part of a shelf registration statement filed with the Securities and Exchange Commission (SEC) on Form S-3.
Vivus (NASDAQ: VVUS3.5% LOWER; Piper Jaffray downgraded from Neutral to Underweight with a price target of $3.00 (from $8.00).
OpenTable (NASDAQ: OPEN3.4% HIGHER; Citi upgraded from Neutral to Buy.
Catalyst Pharmaceutical Partners (Nasdaq: CPRX3.3% LOWER; announced today that it intends to offer shares of its common stock in a public offering. Catalyst also expects to grant the underwriters a 30-day option to purchase additional shares of its common stock to cover over-allotments, if any.
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Ctrip.com International, Ltd. (NASDAQ: CTRP)  3.2% HIGHER; announced that the board of the Company has approved a new share repurchase program whereby Ctrip may purchase its own American depositary shares ("ADSs") with an aggregate value of up to US$600 million.


E-House Holdings Limited (NYSE: EJ3.2% HIGHER; signed a partnership agreement with Zillow, Inc. (NASDAQ: Z) build a co-branded website, bridging the leading U.S. real estate information platform with home buyers in China who are interested in overseas purchases.
Exar Corp. (Nasdaq: EXAR2.5% LOWER; updated its outlook for fiscal fourth quarter revenue.  The Company now expects revenue to be approximately $28 million. *** The Street is at revs of $30.9 million.
iRobot Corp. (NASDAQ: IRBT2.4% HIGHER; announced that its Board of Directors has authorized a stock repurchase program. Under the program, iRobot may purchase up to $50 million of its common stock beginning May 1, 2014 and ending April 30, 2015.
Newfield Exploration (NYSE: NFX) 2.2% HIGHER; UBS upgraded from Neutral to Buy with a price target of $37.00 (from $26.00).
Cypress Semiconductor Corp. (Nasdaq: CY1.8% HIGHERannounced that Brad Buss, Executive Vice President and Chief Financial Officer, is retiring from Cypress after eight years of service.  Also, sees Q1 revenues exceeding prior view.
Hawaiian Electric Industries, Inc. (NYSE: HE1.7% HIGHERhas been subject to abnormal trading volumes and substantial selling, apparently based on the release of a research report that contained multiple inaccuracies and made assertions about the potential need for the company to cut its dividend. While the company does not normally comment on statements made in analyst research reports, we further wish to assure market participants that the board of directors has not cut the dividend, nor is a dividend cut currently contemplated.
Greenbrier Cos. (NYSE: GBX1.7% LOWER; reported Q2 EPS of $0.51, $0.09 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $502.2 million versus the consensus estimate of $508.69 million.
Plug Power Inc. (Nasdaq: PLUG)  1.2% HIGHER; announced it has acquired the assets of ReliOn Inc., a developer of hydrogen fuel cell stack technology and fuel cell systems based in Spokane, WA. for $4 million in stock.
Cheniere Energy (NYSE: LNG0.4% LOWER; Credit Suisse downgraded from Outperform to Neutral.

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