The Cooper Companies, Inc. (NYSE:COO) surged $6.73 or 4.28% to $67.90 over 1.25 million shares. Late yesterday it amended its fiscal 2011 guidance and expects revenue to be in the range of $1.265-$1.290 billion, GAAP earnings per share to be in the range of $3.60-$3.80 and non-GAAP earnings per share (EPS) to be in the range of $3.70-$3.90. According to Reuters Estimates, analysts were expecting the Company to report revenue of $1.262 billion and EPS of $3.52 for fiscal 2011.
LSB Industries, Inc. (NYSE:LXU) jumped $3.80 or 11.85% to $35.88 on an unusual volume of 1.33 million shares after Northland Securities analysts rated the stock to Outperform and raised their price target on the stock from $39.00 to $45.00. Late yesterday, it announced fourth-quarter results that topped Wall Street's expectations.
SINA Corporation (USA) (NASDAQ:SINA) also advanced $3.66 or 4.62% to $82.91 on over a volume of 2.50 million shares. So far the stock has been trading within a 52-week range of $32.00-$95.29. So far in the last six months the stock has surged 86.27%. The stock touched an intraday low and high of $79.50 and $82.75 respectively.
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Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Sunrise Consulting Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
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