Largest $ Movers of Note – StreetInsider.com – 03/21/2007

UPWARD MOVERS:
Advanced Magnetics Inc. (Nasdaq: AMAG) +$3.90; Deutsche Bank Starts at Buy; $100 price target.

Morgan Stanley (NYSE: MS) +$3.23; Reports Q1 EPS of $2.40, versus the consensus of $1.88. Revenues came in at $11 billion versus the consensus of $9.42 billion.

ICF International (Nasdaq: ICFI) +$2.94; Reports Q4 EPS of $0.65 vs. consensus of $0.30. Fourth quarter 2006 revenue of $113.9 million was up 5.7% sequentially from the $107.8 million reported for the 2006 third quarter. In the 2005 fourth quarter, ICF generated revenue of $51.8 million. Based on currently available information, the Company expects to report revenues for the quarter ending March 31, 2007, in the range of $125 million to $135 million and for the full year 2007 in the range of $480 million to $520 million. For both the quarter and the year, the Company seeks to earn net income equal to approximately 5% of revenues. (No consensus available)

GSI Commerce (NASDAQ: GSIC) +$2.44; Goldman Sachs raised from Neutral to a Buy with 25% upside to new $24.00 target (this was Jim Cramer’s e-commerce stealth play too).

MEMC Electronic Materials (NYSE: WFR) +$2.43; Stock has moved up approx. 40% since the beginning of 2007. No specific news releases tied to today’s gains.

DOWNWARD MOVERS:
U.S. Auto Parts Network (Nasdaq: PRTS) -$4.84; Net sales for the fourth quarter ended December 31, 2006 were $36.8 million, 134% from $15.7 million in the prior year period. Net loss was $(0.02) million, or $(0.00) per diluted share compared to net income of $2.1 million, or $0.16 per diluted share.

Cintas (Nasdaq: CTAS) -$3.92; Reports Q3 EPS of $0.48, 4 cents worse than estimates.(0.52) Revenues were $905.4 million vs. $925.10 million consensus. Sees FY revenues between $3.65-3.725 billion vs. $3.76 billion consensus. Sees FY EPS between $2.03-2.08 vs. $2.16.

SL Green Realty Corp. (NYSE: SLG) -$3.00; announced it has priced and up-sized its private offering to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended, of exchangeable senior notes, from $500 million to $750 million. Also, SLG announces real estate swap transaction with Mack-Cali Realty (NYSE: CLI).

Buffalo Wild Wings (Nasdaq: BWLD) -$2.65; Jefferies & Co downgrades Buffalo Wild Wings from Buy to Hold. Price target $67.

FedEx Corporation (NYSE: FDX) -$2.38; Reports Q3 EPS of $1.35 (with 6c cut from storms, 8c tax gain), versus the consensus of $1.33. Revenues came in a $8.59 billion versus the consensus of $8.7 billion. Sees Q4 EPS of $1.93-$2.08, versus the consensus of $2.03. Sees FY07 EPS ex-new pilot pact cost of $6.70-$6.85 versus the consensus of $6.78.

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