Saks Inc. (NYSE: SKS) shares soar amid buyout talk. The UK’s Daily Mail reported that a private equity consortium is looking to make a bid for the company, which could be $11 per share. At last check, the stock was up 22.88% to $8.11 on nearly eight times its average volume. (NYSE:SKS), (SKS)
Monsanto Company (NYSE: MON) is down on lower outlook. The company expects earnings per share for the fiscal year 2010 in a range of $2.40 to $2.45, versus its previous estimate of $2.40 to $2.60. Shares are down by 5.62% at $52.76 on above-average volume of 7.22 million shares. (NYSE:MON), (MON)
Winn-Dixie Stores Inc. (NASDAQ: WINN) is trading down despite posting a 49% jump in its Q4 net income late Monday. Shares are down by 15.21% at $6.80 on above-average volume of 1.54 million shares. (NASDAQ:WINN), (WINN)
Lions Gate Entertainment Corp. (USA) (NYSE: LGF) is up 12.48% to $7.30 on nearly four times its average volume. Carl Icahn has raised his tender offer for shares of.Lions Gate Entertainment to $7.50 from $6.50 a share. (NYSE:LGF), (LGF)
Mediacom Communications Corp. (NASDAQ: MCCC) is down 13.14% to $5.95 on nearly five times its average volume. Mediacom CEO Rocco B. Commisso has dropped his bid to take the company private. (NASDAQ:MCCC), (MCCC)
Energy Conversion Devices Inc. (NASDAQ: ENER) is rising after posting a narrower-than-expected Q4 loss. Revenue soared 67.7% $86.2 million. Shares are up by 10.30% at $4.39 on strong volum e of 2.72 million shares. (NASDAQ:ENER), (ENER)
Alimera Sciences Inc. (NASDAQ: ALIM) is up 7.78% to $8.73, on over two times its average volume, boosted by news that the U.S. FDA has granted its drug candidate Iluvien priority review status, which implies that the agency will make a decision on whether to approve the drug within six months. (NASDAQ:ALIM), (ALIM)
Isle of Capri Casinos (NASDAQ: ISLE) is down after posting a surprise loss in its Q1, citing lower gaming revenue and higher costs. Shares are down by 15.11% at $7.53 on over 546K shares. (NASDAQ:ISLE), (ISLE)
DSW Inc. (NYSE: DSW) is trading lower despite posting better than expected Q2 profit, as revenue soared 12% $415.1 million. At last check, the stock was down 0.50% to $23.67. (NYSE:DSW), (DSW)
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