Top U.S. Morning Gainers for July 28: (HSWI, APL, SIMG, HGRD, EHTH)
July 28th, 2010 at 1:19 pm Posted by Deina Rostiana
Here are some newsworthy top U.S. morning gainers for Wednesday, July 28, 2010:
HSWI $6.45 +39.55%
HSW International, Inc. (NASDAQ: HSWI) is an online publishing company that develops and operates internet businesses focused on providing consumers with locally relevant information. On July 14th, 2010, in the Company’s latest press release, HSWI announced a deal to provide content to NetEase.com Inc., “the operator of one of China’s most visited websites.” Since this announcement, HSWI shares have gained over 160%, moving from $2.50 to today’s high of $6.74.
APL $16.10 +30.36%
This morning, Atlas Pipeline Partners, L.P. (NYSE: APL) announced it has entered into a definitive agreement to sell its Elk City Facilities to Enbridge Energy Partners, L.P. (NYSE: EEP) for $682 million in cash. The transaction, which was discussed more in an 11 am conference call today, is expected to close in the third or fourth quarter of 2010.
SIMG $4.28 +27.76%
After market close Tuesday, Silicon Image, Inc. (NASDAQ: SIMG) announced Q2 2010 financial results. The Company’s revenue for the second quarter of $44.6 million compared to $34.3 million for the second quarter of 2009. GAAP net income for this period was $1.8 million, or $0.02 per diluted share, as compared to a net loss of $7.2 million, or $0.10 per share, for the first quarter of 2010. SIMG shares have gained as much as 29.85% over yesterday close of $3.35, hitting a high of $4.35 so far today.
HGRD $8.11 +27.92%
In addition to announcing second quarter 2010 results, which revealed a 25% increase in revenues compared to second quarter 2009, Health Grades, Inc. (NASDAQ: HGRD) has agreed to be acquired by Vestar for $8.20 per share. This transaction represents an aggregate purchase price of $294 million for approximately 35.9 million shares of equity in Health Grades, Inc.
EHTH $11.69 +13.94%
Yesterday, eHealth, Inc. (NASDAQ: EHTH) reported its board authorized a buy back of up to $30 million of its common stock. Last night, the Company held an earnings conference call for Q2 2010, and has since received an upgrade from Oppenheimer.
*Indicated prices as of 12:53 PM EST.
