Hot Stocks - GMCR, STEM, SPLK, OVTI, SAI

Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) shares fell 0.37% to $24.03. The company announced that the company is aware of the fact that Sunbeam Products Inc. or Jarden Consumer Solutions, in co-operation with the Consumer Products Safety Commission, or the CPSC, and Health Canada, has announced a recall of the Mr. Coffee Single Cup Brewing System.

StemCells, Inc. (NASDAQ:STEM) stock increased 10.20% to $2.16 after the company announced that Armin Curt, MD, Professor and Chairman of the Spinal Cord Injury Center at Balgrist University Hospital, University of Zurich, and principal investigator for the Company's Phase I/II clinical trial in chronic spinal cord injury, will make an oral presentation on the progress of the trial on Monday, September 3 at the 51st Annual Scientific Meeting of the International Spinal Cord Society (ISCOS), which is being held in London, England, on September 3-5, 2012.

Can STEM Continue To Move Higher? Find Out Here

Splunk Inc (NASDAQ:SPLK) shares climbed 16.72% to $35.60 after the company posted a second quarter net loss of $4.58 million, or $0.05 a share, as compared with a loss of $3.91 million, or $0.20 a share, in the same quarter a year earlier. The loss excluding certain items was $0.01 a share, smaller than analysts’ average estimate for a $0.03 a share loss.

Can SPLK Continue To Move Higher? Find Out Here

OmniVision Technologies, Inc. (NASDAQ:OVTI) stock climbed 5.97% to $16.86 after the company reported first-quarter net profit of $2.3 million, or $0.04 per share, from $42 million, or $0.68 per share, in the same quarter a year earlier. Revenue fell 7% to $258.1 million. Adjusted earnings were 21 cents per share. Analysts on average had expected adjusted earnings of $0.22 per share on revenue of $243.8 million.

SAIC, Inc. (NYSE:SAI) stock gained 5.33% to $12.48 after the company posted second quarter net income of $110 million or $0.32 per share, as compared to $178 million or $0.50 per share for the year-ago quarter. Revenues for the second quarter rose 10% to $2.85 billion from $2.60 billion in the same quarter last year. Analysts expected the company to earn $0.33 per share on revenue estimate of $2.65 billion for the second quarter.

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