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Unusual 11 Mid-Day Movers 9/14: ZOOM, SLXP, BRNC, HDY Higher; AMIE, ALXA, ALTI, CDE Lower |
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| Sep 14, 2009 04:19 PM UTC |
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Tracked Blogger
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Via StreetInsider.com News Articles:
Zoom Technologies, Inc. (NASDAQ: ZOOM) <font>84.2% HIGHER;</font> surging higher today after announcing the results of its recently approved acquisition, Gold Lion. The newly acquired company reported Q2 revenue increased 354% to $53.1 million; net income in the quarter grew to to $1.7 million, versus a net loss of $0.1 million last year; Gold Lion management's FY09 net revenue guidance in the range of $145-$155 million, versus $81 million in 2008; Gold Lion management's FY09 net income guidance in the range of $5.9-$6.1 million, versus $2.8 million in 2008. Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) <font>50.8% HIGHER;</font> announced the successful outcome
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