Morning Movers 4/1: ZZ, SOA, MV, PDO, HYTM Higher; SGIC, SAH, TGEN, TISI, ZOLL, CELG Lower - Street Insider

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Morning Movers 4/1: ZZ, SOA, MV, PDO, HYTM Higher; SGIC, SAH, TGEN, TISI, ZOLL, CELG Lower
Apr 01, 2009 01:33 PM UTC

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Via StreetInsider.com News Articles:

Silicon Graphics, Inc. (NASDAQ: SGIC) 73% LOWER; Rackable Systems, Inc. (NASDAQ: RACK) today announced its agreement to acquire substantially all the assets of Silicon Graphics for approximately $25 million in cash, subject to adjustment in certain circumstances, plus the assumption of certain liabilities associated with the acquired assets. Click here for the full report.

Sonic Automotive (NYSE: SAH) 31.3% LOWER; reports Q4 loss from continuing operations of $16.43. Adjusting for charges, the company reported a loss of $0.12, compared to a gain of $0.62 in the same quarter last year. Revenue for the quarter was $1.255 billion, versus

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