Pre-Market Moving Companies (PERi, CTIC, STSI, NCT)

New York, NY -- (SBWIRE) -- 01/08/2013 -- Perion Network Ltd. (NASDAQ:PERI) announced Tuesday morning that its full year 2013 revenue is expected to exceed $110 million, with non-GAAP EPS of at least $1.61.The company also expects to report fourth quarter revenues of $21 million and full year 2012 non-GAAP revenues of $61 million.Perion Network gapped open sharply higher Tuesday and is now up 2.33 at $11.78 on the highest volume of the year. The stock has surged to a new high for the year.

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Cell Therapeutics (NASDAQ:CTIC) is +0.34 - +26.15% from the previous close of $1.30. It traded between $1.38 - 1.71 with total traded volume of 6001965 shares. Keep a close eye on CTIC, as the stock has been showing unusual moves over the past weeks. At Current market price, CTIC has recovered +43.86% from its 52-week Low of 1.14 and has Pulled back -80.12% from its 52-week high of 8.25.

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Star Scientific Inc (NASDAQ:STSI) slipped 2.84% and closed at $2.74 on a traded volume of 1.27 million shares. The Company announced successful results from the Company’s ASAP Human Thyroid Study that analyzes the impact of anatabine dietary supplementation on thyroid health. The study is a three-month, five-visit, double-blind, placebo-controlled study of the impact of anatabine dietary supplementation in humans with autoimmune disease of the thyroid. The study was conducted at nine sites and builds upon previous epidemiological and animal experimental studies.

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Newcastle Investment Corp. (NYSE:NCT) traded with an upsurge of 6.79% and closed at $9.60 after gaining total volume of 14,230,500 shares. Its opening price was $9.44. Newcastle Investment Company’s earnings per share is $2.71 while its beta value stands at 3.30 times. Newcastle Investment Corp. (NYSE: NCT) unveiled its plans of public an offering of 40,000,000 shares of its common stock. Along with this offering, the Company proposes an offer of 30 days to its underwriters to purchase up to 6,000,000 additional shares of common stock.

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