9 Hot Stocks Shaking up Today’s Market

Posted by on Aug 27, 2010 | No comment

Netezza Corp. (NYSE: NZ) is soaring in today’s trading, boosted by better than expected Q2 results, and improved outlook for the full year. At last check, the stock was up 31.90% to $19.68, setting a new 52-wek high, on volume of 7.36 million shares. (NYSE:NZ), (NZ)

ImmunoGen Inc. (NASDAQ: IMGN) is moving lower on news this morning that the U.S. FDA has refused to OK the accelerated approval application for its breast cancer drug candidate T-DM1. IMGN shares were downgraded to Sector Perform from Outperform at RBC Capital. Shares are down by 34.68% at $5.48 on over 12 times its average volume. (NASDAQ:IMGN), (IMGN)

Micros Systems Inc. (NASDAQ: MCRS) is rising following its Q4 report. The company posted adjusted earnings of 49 cents per share, versus estimates of 41 cents, while revenue jumped 11% to $248.2 million. Shares are up by 11.47% at $39.46 on over 736K shares. (NASDAQ:MCRS), (MCRS)

J. Crew Group Inc. (NYSE: JCG) is trading lower after disappointing with its forecasts for 2010. Shares are down by 6.76% at $31.17 on above-average volume of 5.18 million shares. (NYSE:JCG), (JCG)

Bebe Stores Inc. (NASDAQ: BEBE) is up 7.68% to $6.03 on over 730K shares trading hands. The Brisbane, Calif.-based fashion retailer on Thursday reported Q4 net income of $2 million, or 2 cents a share, reversing the year-ago quarter loss of $323,000, or break-even per share. (NASDAQ:BEBE), (BEBE)

Fluor Corp. (NEW) (NYSE: FLR) is up 1.88% to $45.43 on over 522K shares. FBR Capital has reiterated an ‘Outperform/Top Pick’ rating on Fluor Corp. (NYSE:FLR), (FLR)

Tiffany & Co. (NYSE: TIF) reported a 19% jump in its Q2 net income, citing stronger sales in Asia and Europ. Revenue rose 9% to $668.76 million from $612.49 million, but still short of Wall Street’s expectations. Shares are down by 4.02% at $40.35 on 4.57 million shares. (NYSE:TIF), (TIF)

Aruba Networks Inc. (NASDAQ: ARUN) is trading higher following its strong Q4 earnings report. The company sees Q1 earnings, revenue above Wall Street view Shares are up by 9.72% at $18.18 on 4.18 million shares. (NASDAQ:ARUN), (ARUN)

Tesoro Corp. (NYSE: TSO) is up 4.86% to $11.44 on volume of 3.30 million shares. RBC has upgraded shares of Tesoro from Sector Perform to Outperform, while raising the price target by $2 to $15. (NYSE:TSO), (TSO)

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