12 Intraday Movers and Shakers

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The following are some of today’s most notable movers of interest, categorized by market capitalization (large cap over $10 billion and mid cap between $2-$10 billion) and ranked by percent change (all stocks over 100K average daily volume).

Large Cap Gainers

  • Ross Stores (NASDAQ:ROST) $56.70 – $58.92, +7.8%: Reported a 6% gain in Dec. same store sales, outpacing the 3% Retail Metrics consensus. The company also raised Q4 EPS guidance.
  • Transocean LTD (NYSE:RIG) $45.64 – $49.82, +7.16%: BloombergTV reported that the company will settle government charges for its role in the  2010 BP  Deepwater Horizon oil spill case for $1.5 billion.
  • TJX Companies, Inc. (NYSE:TJX) $44.11 – $44.93, +3.53%: Reported a 6% gain in Dec. same store sales and raised Q4 guidance. Canaccord Genuity raised their fourth-quarter EPS estimates for the company.

Large Cap Losers

  • Limited Brands (NYSE:LTD) $44.00 – $45.36, -5.36%: Reported a 3% gain in Dec. same store sales, underperforming the 4.7% Retail Metrics consensus.
  • AFLAC Incorporated (NYSE:AFL) $52.11 – $53.62, -3.37%: Downgraded to Neutral from Overweight at JP Morgan.
  • General Growth Properties (NYSE:GGP) $19.22 – $19.57, -3.27%: Brookfield Asset Management (NYSE:BAM) acquired warrants representing the right to acquire 18,432,855 shares of GGP stock.

Mid Cap Gainers

  • Alcatel Lucent (NYSE:ALU) $1.51 – $ 1.56, + 9.86%: Upgraded to Neutral from Underperform at Credit Suisse.
  • Medivation, Inc. (NASDAQ:MDVN) $51.43 – $54.08, +4.43%: Initiated with a Buy at Janney.
  • Hormel Foods Corporation (NYSE:HRL) $32.25 – $33.82, +3.94%: Hormel announced plans to acquire Skippy Peanut Butter from Unilever (NYSE:UL) for $700 million.

Mid Cap Losers

  • Mellanox Technologies (NASDAQ:MLNX) $49.11 – $53.74, -14.38%: MLNX lowered Q4 guidance to $119-$121 million, below consensus of $148.6 million. Several analysts lowered their targets on this news.
  •  Family Dollar Stores (NYSE:FDO) $54.93 – $57.40, -12.13%: FDO underperformed its EPS estimate and lowered Q2 and FY13 EPS guidance.
  • Myriad Genetics (NASDAQ:MYGN) $26.05 – $27.24, -4.70%: Downgraded to Underweight from Neutral at JP Morgan (NYSE:JPM).

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