StreetInsider.com Unusual 11 Mid-Day Movers 03/28/2007

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By Douglas A. McIntyre Published
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Industrial Services of America (NASDAQ: IDSA) 33.75% HIGHER; Total revenues for the year of 2006 were $62.1 million compared with total revenues for the year of 2005 of $117.4 million. Net income for the year of 2006 was $2,188,579 (basic and diluted earnings of 61 cents per share) compared with net income of $1,101,597 (basic and diluted earnings of 31 cents per share) for the year of 2005.

Vyyo Inc. (Nasdaq: VYYO) 19.4% HIGHER; Announced an investment from Goldman, Sachs & Co., an existing investor in Vyyo. Will result in $17.5 million in new funding and an additional $17.5 million to pay off the aggregate of notes issued to Goldman Sachs in 2006

AngioDynamics (NASDAQ: ANGO) 18.3% LOWER; Reports Q3 adjusted EPS of $0.18 (GAAP EPS was a $0.55 loss) vs. consensus of $0.16. Revenues were $26.7 million vs. $28.39 million consensus. Sees Q4 revenues between $40-43 million vs. consensus of $38.62 million. Sees Q4 EPS of $0.13 and adjusted EPS 0.25 vs. consensus of $0.20.

Atherogenics Inc. (Nasdaq: AGIX)13% LOWER; Call on ARISE Phase III clinical study results. Stock wasdown 9.5% intra-day. AGI-1067 did not show a difference from placebo inthe composite primary endpoint, but did achieve a number of otherimportant predefined endpoints.

Lumera Corp. (Nasdaq: LMRA) 11% HIGHER; Stock moving higher with no specific news releases.

Fuwei Films Co., Ltd. (NASDAQ: FFHL) 10.8% HIGHER; Maxim Group starts at Buy

Beazer Homes USA Inc. (NYSE: BZH) 9.4% LOWER; Reports from BusinessWeek the FBI is investigating the company on possible lending fraud.

NBTY Inc. (NYSE: NTY) 9% HIGHER; Reports from TheDeal.com, the company is up for sale.

Centex (NYSE: CTX) 4.75% LOWER; Stock falling after-shock of negative Beazer news.

The J. M. Smucker Company (NYSE: SJM) 4.2% HIGHER; Prudential Securities upgrades J. M. Smucker from Underweight to Neutral.

H.B. Fuller Company (NYSE: FUL)4% HIGHER; Reports Q1 EPS of $0.34, 5 cents better than estimates.Revenues were $351.8 million vs. $358.47 million. The Company nowexpects diluted earnings per share from continuing operations to bebetween $1.65 and $1.75 for the full year. The Company’s previousexpectations were to earn between $1.58 and $ 1.68 per share for 2007.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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