Many stocks are on the move this morning.  Some of the top movers are tied to earnings news, although some of the day trader and active trader alerts are moving on other news.  The top day trader and active trader alerts this morning are in Atheros Communications Inc. (NASDAQ: ATHR), Cirrus Logic Inc. (NASDAQ: CRUS), Goldman Sachs Group Inc. (NYSE: GS), International Business Machines Corp. (NYSE: IBM), MGIC Investment Corporation (NYSE: MTG), Nokia Corporation (NYSE: NOK), SandRidge Energy, Inc. (NYSE: SD), Texas Instruments Inc. (NYSE: TXN), Tupperware Brands Corporation (NYSE: TUP), Newell Rubbermaid Inc. (NYSE: NWL), and Zions Bancorp. (NASDAQ: ZION).  We have shown the news and the move on each, and added in color for traders where applicable.

Atheros Communications Inc. (NASDAQ: ATHR) beat expectations on the surface, but the drop here appears to be tied to weaker PC-related revenues.  There have been under 100,000 shares traded so far, but the stock is trading down 6.75% at $28.40 versus a 52-week range of $21.77 to $43.90 and a close yesterday of $30.46.

Cirrus Logic Inc. (NASDAQ: CRUS) is lower after a 118% gain in revenue to $81.9 million slightly beat Thomson Reuters estimates; Revenue guidance was put at $98 to $106 million, above estimates of $86+ million.  As this is a seller of chips for iPad and iPhone, this wasn’t good enough.  Shares are down 5.7% at $16.48 on over 350,000 shares.  The 52-week range is $4.44 to $18.85.

Goldman Sachs Group Inc. (NYSE: GS) is trading lower by 3% at $141.20 on about 1 million shares after the investment banking giant posted lower income.  Keep in mind that there is already talk that the earnings may have been sand-bagged.

International Business Machines Corp. (NYSE: IBM) was light on the top-line and its raised guidance for 2010 was slightly under consensus.  Shares are down almost 5% at $123.80 on almost 100,000 shares.

MGIC Investment Corporation (NYSE: MTG) is up this morning after a surprise profit after what may have been 3 years worth of losses.  Shares are trading up almost 5% at $8.20 on over 300,000 shares.  Its 52-week range is $3.72 – $13.80.

Nokia Corporation (NYSE: NOK) must really need a new CEO to lead the company after all of its troubles.  Rumors and reports of a new CEO search have shares up 2.5% at $9.04 on almost 700,000 shares.

SandRidge Energy, Inc. (NYSE: SD) is showing an unexpected rop for a day-two indication now that it has closed on its Arena Resources buyout.  While on thin volume, we show shares down 2% at $6.30 in the pre-market trading.

Texas Instruments Inc. (NYSE: TXN) is getting slapped after meeting expectations.  Shares are down 5.7% at $24.10 on about 140,000 shares.

Tupperware Brands Corporation (NYSE: TUP) is getting hit hard after its Q2 earnings miss.  Shares are down 11.25% at $38.40 on only about 25,000 shares.  Traders may want to watch shares of Newell Rubbermaid Inc. (NYSE: NWL) for any downward sympathy, although no shares of Newell have yet traded this morning.

Zions Bancorp. (NASDAQ: ZION) is getting clipped after an unexpected wider loss.  Shares are down 8.4% at $19.62 on about 200,000 shares.

JON C. OGG

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