HEADLINE STOCKS-U.S. small/midcap stocks on the move on Aug 17

(For large-cap stocks to watch, click on [WATCH/US])

(Adds Rick’s Cabaret, Osteotech, Senomyx and American
Apparel; updates stock movement)

Aug 17 (BestGrowthStock) – Some small and midcap stocks on the move
on Tuesday:

RICK’S CABARET INTERNATIONAL INC (RICK.O: ), $6.85, down 4
pct

Shares of the company fell to a year-low on Tuesday, a day
after its quarterly profit lagged estimates and the strip club
operator declined to give a full-year outlook. [ID:nSGE67G0HV]

CUMBERLAND PHARMACEUTICALS INC (CPIX.O: ), $6.05, down 5 pct

Shares of the company fell on Tuesday, a day after it
posted lower-than-expected second-quarter profit (Read more your timing to make a profit.), prompting at
least two brokerages to downgrade the stock. [ID:nSGE67G0GI]

MEDTRONIC INC (MDT.N: ), $35.68, up 1 pct

OSTEOTECH (OSTE.O: ), $6.44, up 64 pct

Medtronic agreed to buy orthopedic products maker Osteotech
for about $120 million to add regenerative medicine to its
biologics portfolio. [ID:nSGE67G0GZ]

SENOMYX INC (SNMX.O: ), $4.11, up 8 pct

The company entered into a four-year agreement with food
and beverage maker PepsiCo Inc (PEP.N: ) to develop sweet
enhancement ingredients for PepsiCo’s non-alcoholic beverage
categories. [ID:nSGE67G0GD]

AMERICAN APPAREL INC (APP.A: ), $1.09, down 22 pct

The clothing maker raised substantial doubt about its
ability to continue as a going concern and warned that it could
breach a loan covenant. [ID:nSGE67G0GF]

BIOSTAR PHARMACEUTICALS INC (BSPM.O: ), $3, up 7 pct

The company reported quarterly results. [ID:nWNAB8659]

PERRY ELLIS INTERNATIONAL INC (PERY.O: ), $22.08, up 3 pct

The apparel maker expects to post a narrower-than-expected
quarterly loss, helped by margin expansion, and earn more than
it had earlier forecast for fiscal 2011. [ID:nSGE67G0F5]

MANNKIND CORP (MNKD.O: ), $6.17, down 9 pct

The company on Monday said it would lend up to 8 million
shares to Bank of America, which will use them to create
derivative contracts with institutional buyers of the inhaled
insulin device maker’s $100 million convertible debt offering.
[ID:nSGE67F0L0]

ABERCROMBIE & FITCH CO (ANF.N: ), $37.63, down 7 pct

Discounts at the retailer drew more customers and lifted
sales, but the resulting hit to margins, coupled with rising
inventories, pushed the company’s shares down. [ID:nSGE67G0D8]
(Compiled by Santosh Nadgir in Bangalore)

HEADLINE STOCKS-U.S. small/midcap stocks on the move on Aug 17