Top Percentage Gainers and Losers as of 2pm 06/07/11

1) Temple-Inland

: Trading up 41.3% from yesterday's close to $29.67. International Paper put in a bid to acquire Temple-Inland for $30.60 per share. Temple's board rejected the deal, saying that the bid undervalued the company. 2) Westinghouse Solar

: Trading up 28% from yesterday's close to $2.42. Shares of Westinghouse set a new 52-week high of $2.75 earlier in the day. The stock has gained 114% in the past five trading sessions. 3) Exelixis

: Trading up 12.7% from yesterday's close to $9.79. Exelixis reported that one percent of patients had died of drug-related causes in a clinical trial for the company's cancer therapy drug. The stock dropped 20.2% in yesterday's session. 4) Coffee Holding

: Trading up 12% from yesterday's close to $7.93. Shares of Coffee Holding set a 52-week high of $8.40 on May 31st. 5) Pharmacyclics

: Trading up 10.5% from yesterday's close to $7.81. Shares have already traded nearly four times their average daily volume. Option volume is spiking as well – currently 753 percent above average.

ARIAD Pharmaceuticals

: Trading up 9.6% from yesterday's close to $8.58. Shares broke above their 50-day moving average (one year chart) in today's action. Lithia Motors

: Trading up 9.4% from yesterday's close to $18.11. Inhibitex

: Trading up 9.5% from yesterday's close to $4.34. Magma Design Automation

: Trading up 9% from yesterday's close to $7.51. Shares set a 52-week high of $7.55 earlier in the session. Modine Manufacturing Company

: Trading up 8.7% from yesterday's close to $15.26. Modine reported Q4 EPS of $0.26 versus a loss of $0.24 for the same period last year. Revenue came in at $397 million versus estimates of $379.3 million.

1) Talbots

: Trading down 39.4% from yesterday's close to $2.67. Talbots reported Q1 earnings of $0.01 per share versus estimates of $0.03 per share. The company announced that it expects its gross margins and second-quarter sales to be “significantly below” last year's results. 2) China Medical Technologies

: Trading down 17.8% from yesterday's close to $7.61. Shares started out the day in neutral territory, but began coming under heavy selling pressure starting at 10:26am. The stock has dropped 20% since reporting earnings on June 2nd. 3) Pep Boys

: Trading down 15.8% from yesterday's close to $11.36. Pep Boys reported Q1 earnings of $0.23 per share versus estimates of $0.30 per share. Revenue came in at $513.5 million versus $510 million for the same period last year. Shares have bounced back significantly since setting an intraday low of $10.80. 4) G-III Apparel Group

: Trading down 15.5% from yesterday's close to $32.52. G-III reported a Q1 loss of $0.03 per share versus estimates of a $0.04 per share profit. 5) Sunesis Pharmaceuticals

: Trading down 13.4% from yesterday's close to $2.14. Shares of Sunesis have dropped 32% in the past three trading sessions.

51job

: Trading down 13.3% from yesterday's close to $47.55. Nara Bancorp

: Trading down 11.8% from yesterday's close to $6.88. OXiGENE

: Trading down 10.9% from yesterday's close to $4.08. The stock had gained 87% in the prior two trading sessions. Center Financial

: Trading down 11.3% from yesterday's close to $5.36.