LodgeNet Interactive Corp (NASDAQ:LNET) jumped up 11.11% to $0.40. Recently, LodgeNet has initiated a process to explore refinancing alternatives for its senior secured credit facility to address its upcoming debt maturities and tightening financial covenants.
The Company is the provider of interactive media and connectivity solutions to the hospitality industry in the United States, Canada and Mexico.
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The Men's Wearhouse Inc (NYSE:MW) soared 14.86% to $36.57 on a traded volume of 1.57 million shares. The Company expects total sales increase in a range 8.8% to 9.3% for third quarter of 2012. GAAP diluted earnings per share in a range of $0.95 to $0.98 and comparable store sales growth of +8% to +9% for third quarter. The Company expects total sales increase in a range 11.3% to 11.8%, GAAP diluted earnings per share in a range of $0.12 to $0.15 and comparable store sales growth of +3% to +4% for fourth quarter of 2012.
Yingli Green Energy Hold Co Ltd (ADR) (NYSE:YGE) increased 6.41% to $1.66. Chinese solar companies expect the European Commission to announce within days a formal investigation into their alleged dumping of solar panels in Europe. This could result in heavy tariffs being imposed on them next year.
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PositiveID Corporation (OTC: PSID) went up 5.93% to $0.0250 on a traded volume of 470k shares. The 52-week range for the stock is $0.01 and $0.30. The 50-Day Moving Average and 200-Day Moving Average prices is $0.02 and $0.06 respectively. In the last one month, the return of the stock was more than 26%.
The Company is engaged in developing, marketing and selling radio frequency identification, systems used for the identification of people in the healthcare market.
UTi Worldwide Inc (NASDAQ:UTIW) increased 9.29% to $14.70 after the Company announced second quarter results. Net income was $18.9 million or 18 cents per share compared to $22.9 million or 22 cents per share in the prior year period. Air freight revenue declined 20$ to $370.4 million while ocean freight revenue decreased 5% to $304.9 million. Total revenue declined 11% to $1.16 billion. However, analysts were expecting earnings of 23 cents per share on revenue of $1.28 billion.