Prue-market Movers For Sept 4 (AAPL, CIEN, ROCM, RMTI, RYAAY, FRAN, VRNT)

(RTTNews) - Gainers:

Apple Inc. (AAPL) is up 2 percent to $498.30.

Ciena Corp. (CIEN) is rising 10 percent to $22.77. The company's third quarter net loss narrowed from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Total revenue improved from the prior year period and topped the consensus estimate.

Rochester Medical Corp. (ROCM) is jumping 44 percent to $19.87. C. R. Bard, Inc. (BCR) has agreed to acquire the company for $20 per share in cash, or about $262 million in the aggregate.

Rockwell Medical, Inc. (RMTI) is up nearly 9 percent to $6.03. The company announced successful top-line results from the long-term CRUISE-2 Phase 3 efficacy study of SFP, its late-stage investigational iron-delivery drug for the treatment of iron deficiency in chronic kidney disease patients receiving hemodialysis. SFP met the primary endpoint in this trial, showing a statistically significant mean change in hemoglobin from baseline to end-of-treatment.

Decliners:

Ryanair Holdings plc (RYAAY) is down 12 percent to $43.00 based on the news that it expects full year profit to be at the lower end of its guidance due to recent weakness in forward yields into the third quarter amid the heatwave in Northern Europe and weaker sterling /euro exchange rates.

Francesca's Holdings Corp. (FRAN) is falling 17 percent to $19.87. The company's second quarter results were below Wall Street view. The company also forecast third quarter and full year results below analysts' expectations. In addition, the board has authorized a $100 million share repurchase program.

Trading halt:

Trading in shares of Verint Systems Inc. (VRNT) was halted. The company's second quarter profit and revenue were higher than in the year-ago quarter.