Specialist Upgrades : NKE, HALO, MU, NAT

New York, NY -- (SBWIRE) -- 03/22/2013 -- Nike Inc. (NYSE:NKE) reported third quarter net income from continuing operations of $0.73 per share after the bell Thursday, up from $0.61 per share last year. The consensus estimate was for EPS of $0.67.

Nike has gapped open sharply higher Friday morning and is now up 4.95 at $58.55 on above average volume. The stock has broken out of a 2-month range and has set a new high for the year.

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Halozyme Therapeutics Inc. (NASDAQ:HALO) and Baxter International Inc. (BAX) announced Friday that the European Medicines Agency's Committee for Medicinal Products for Human Use has granted a Positive Opinion to Baxter for the use of HyQvia as replacement therapy for adult patients with primary and secondary immunodeficiencies.

Halozyme Therapeutics gapped up sharply Friday morning and is now higher by 0.89 at $6.16 on above average volume. The stock has set a one-month high.

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Micron Technology Inc. (NASDAQ:MU) shares climbed 3.42 percent to $9.38 in post-market trading. The company reported a net loss of $286 million or $0.28 per share for the fiscal second quarter ended Feb. 28. The company’s revenue rose to $2.1 billion from $2.0 billion, a year ago. Analysts with an average expected quarterly revenue of $1.922 billion.

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Nordic American Tankers Limited (NYSE:NAT) traded at $10.4, down -1.3 percent during After-Hours on 2,800 share volume. The company’s relative strength index is at 81.79 which shows that the stock is overbought. Nordic American T (NYSE:NAT) reported EPS of -1.393. For the Current Fiscal year, the company is expected to report EPS of -1.00. For the Next Quarter and Next Year, the company is expected to report EPS of -0.29 and -0.49 respectively. At Current Market Price, NAT is in the distance of +12.78% from its 50-day Moving Average price of $10.018 and +12.78% from its 200-day Moving Average price of $10.018.

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