Top Movers (ANTH, CADX, SNBC, MLHR, SCHL)


Anthera Pharmaceuticals Inc (NASDAQ:ANTH) among the gainers and the stock moved up 2.83% and closed at $4.73. Citigroup started coverage with a buy rating on the stock.

Cadence Pharmaceuticals Inc (NASDAQ:CADX) surged up 9.48% and closed at $6.35
So far this year, the stock is down over 16%. The 52-week range for the stock is $5.8 and $10.0.The stock recorded a new 52-week low of $5.80.

Sun Bancorp Inc /NJ (NASDAQ:SNBC) decreased 12.09% to $2.40. In the last few trading sessions, the stock went down more than 22% to $2.40.

Herman Miller Inc (NASDAQ:MLHR) went down 0.43% and the last traded price was $16.07. The Company posted first quarter net sales of $458.1 million, an increase of 20.3%. Orders increased 22.2% to $481.4 million. Diluted earnings per share were $0.42 compared to $0.22 in the previous year quarter.

Scholastic Corporation (NASDAQ:SCHL) jumped over 6.83% and closed at $27.68 on a traded volume of 357k shares after the Company restated its guidance for fiscal year 2012. The Company expects total revenue of around $1.9 billion and earnings per diluted share from continuing operations to be in the range of $1.75 to $2.10 for fiscal year 2012.

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