Shares Buzzing Today ( OSK, NFLX, EFII, MCP )

Los Angelas, CA -- (SBWIRE) -- 01/28/2013 -- Oshkosh (NYSE:OSK) soared almost 19% after crushing earnings estimates despite a big drop in revenue. In particular, the defense segment suffered a 21% revenue decline, but the segment posted much better margins than analysts had expected. Moreover, with the company having already taken steps to reduce its exposure to the defense industry, Oshkosh has greatly reduced its vulnerability to any future defense cuts that come from the government's ongoing efforts to cut the deficit.

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Shares of Netflix Inc. (NASDAQ:NFLX) +15.46% soared 73% over three days to close out the week at $169.56 after it reported better-than-expected earnings. A bulk of the rally occured on Thursday with the stock jumping 42%. After Wednesday's closing bell, the video-steaming company said it earned $8 million, or 13 cents a share. Analysts had forecast Netflix to lose 12 cents a share.

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Shares of Electronics for Imaging (NASDAQ:EFII) were shining brighter today, rising as much as 17% after topping estimates in its quarterly report. The print-equipment maker posted an adjusted $0.42 EPS profit, ahead of expectations of $0.36, and its revenue of $174 million beat estimates as well, despite only growing 7%. CEO Guy Gecht credited "tremendous execution and commitment by our team" and pointed to growth opportunities in 2013. Beating estimates is always a promising sign, but the bar seems pretty low in this case. At a P/E of 28, EFI will need to grow sales by a faster pace than 7% in the future. The digital imaging industry seems to have potential, and EFI is considered in industry leader, so sustained growth should be achievable. Keep an eye on top-line increases going forward, as analysts are expecting a 6.6% jump in 2013. As long as the digital specialist can top that, shares should move higher.

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Molycorp (NYSE:MCP) is floating 37.5 million shares of common stock and made available a further 5.625 million for purchase by its underwriters through an overallotment option, at $6 per share. Thus, the stock offering alone could potentially yield gross proceeds, before fees, of $258.8 million.In addition, Molycorp is selling $150 million worth of convertible senior notes, paying 5.5% interest semiannually and due Feb. 1, 2018. The notes are said to be convertible into stock at a strike price of $7.20 per share. Alternatively, the company may elect to pay cash to redeem the notes. Molycorp may call the notes at any time after Feb. 1, 2016, provided its shares have traded for at least 130% of the conversion price for 20 trading days out of the 30-trading day period preceding the call. Here, too, an overallotment option is available, increasing the potential debt raise to $172.5 million. Both the equity and the debt offerings are scheduled to close on Jan. 30. If successful, the total haul could exceed $430 million for the cash-strapped company. Molycorp says it intends to use the cash "to fund current capital needs for capital expenditures and other cash requirements for 2013."

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