Tuesday's Winners & Losers
California Pizza Kitchen (CPKI) rose 4.5% to $19.59 after the restaurant operator raised its profit estimate for the third quarter to a range of 4 cents to 5 cents a share.
The company said revenue rose 13.5% to $162 million for the quarter, and same-store sales were up roughly 3.5%. California Pizza Kitchen had forecast a comp sales increase of 2% to 3% and earnings of 3 cents to 4 cents.
Altair Nanotechnologies (ALTI) jumped after the company released details from a successful public demonstration of an all-electric Fiat Doblo to government officials and potential commercial customers in Oslo, Norway. The car was powered by an Altair battery.
AeroVironment (AVAV), Micro-Vett and Go Green Holding also participated in the trial last week. The car traveled 186 miles, and the custom battery pack was fully recharged in less than 10 minutes a total of three times using AeroViroment's charging system. The vehicle is being tested for 60 days. Altair was surging 36% to $4.70, and AeroVironment was up 5.4% at $26.56.Miramar Mining (MNG) advanced 23.5% to $6.36 on word that Newmont Mining (NEM) will buy the company for around $1.5 billion. Newmont will pay C$6.25 in cash for each share of Miramar. Shares of Newmont were gaining 1.7% to $45.60. IT services provider Yucheng Technologies (YTEC) gained 7% to $14.24 after the company won contracts with Agricultural Bank of China, Bank of Beijing, Huishang Bank and Guangdong Development Bank.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV