Thursday, October 8, 2009

CAW To Resume Talks With Ford Motor On Oct. 26 - Update - RTT News


CAW To Resume Talks With Ford Motor On Oct. 26 - Update
RTT News
In after hours trading F declined $0.03 or 0.42% and traded at $7.15. MTLQQ.PK rose $0.08 or 14.92% and closed Thursday's regular trading at $0.67. by RTT ...

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Most Asian Stocks Gain as Chip Prices Rise; Utilities Decline - Bloomberg


Most Asian Stocks Gain as Chip Prices Rise; Utilities Decline
Bloomberg
Bullion lost 0.8 percent in after-hours trading today. Newcrest Mining Ltd., Australia's largest gold producer, gained 1.3 percent to A$35.62. ...

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US Justice Dept. continues probe of Monsanto - Reuters


US Justice Dept. continues probe of Monsanto
Reuters
Monsanto shares fell about 1 percent in after hours trading on the New York Stock Exchange to $74.17. St. Louis-based Monsanto, the world's largest seed ...

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Barnes & Noble To Sell Its Own E-book Reader, Report Says - RTT News


Barnes & Noble To Sell Its Own E-book Reader, Report Says
RTT News
Barnes & Noble shares closed Thursday's regular trading session at $21.13, down $2.76 or 11.55% but gained 2 cents in after hours trading. by RTT Staff ...

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eBay Options Trading Surge (EBAY)

eBay Inc. (EBAY) shares have hit 52-week highs today as a lawsuit against Skype is dropped and shares were upgraded at Kaufman to a Buy.  Shares are trading 15X forward earnings, and estimates seem too low for a company still seeing growth in core assets like Skype and PayPal, with the ability to spin off these assets as well.  Earnings are set for October 21st and November call action is exploding, as 17,677 November 426 calls and 25,087 November $27 calls trade against low open interest with shares at $25. A massive block of over 1.3 million shares traded around the same time so a large covered call position is responsible for much of the volume. The 200 week EMA at $27.50 is the next resistance area that coincides with the 38.2% Fib level.  Implied volatility is relatively cheap at 43% considering the 15% move after last quarter’s results.

-Joe Kunkle, OptionsHawk.com


Costco Entering Holiday Shopping Season in Strong Position - istockAnalyst.com (press release)


Costco Entering Holiday Shopping Season in Strong Position
istockAnalyst.com (press release)
Investors, who love a positive surprise, sent the stock price up $1.07 to $59 a share in regular trading, then another 10 cents in after-hours trading. ...

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Costco Entering Holiday Shopping Season in Strong Position - istockAnalyst.com (press release)


Costco Entering Holiday Shopping Season in Strong Position
istockAnalyst.com (press release)
Investors, who love a positive surprise, sent the stock price up $1.07 to $59 a share in regular trading, then another 10 cents in after-hours trading. ...

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Pre-Market Round-Up October 7, 2009 - Sumfolio.com


Pre-Market Round-Up October 7, 2009
Sumfolio.com
Acuity Brands, Inc. (AYI) â€" Shares of the light fixture manufacturer rose in after-hours trading yesterday after its earnings beat analyst estimates, ...

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Plug Power Surges on 3M Pact (PLUG, MMM)

Plug Power Inc. (NASDAQ: PLUG) has just seen a major volume spike with a move to the upside on a news headline.  A press release was issue that 3M (NYSE: 3M) and Plug Power entered into an exclusive commercial supply agreement for 3M membrane electrode assemblies to be used as a critical component in Plug Power’s GenSys proprietary proton exchange membrane reformate stacks. The continuous run GenSys(R) prime power fuel cell systems are being deployed into rural India and will replace diesel generators at remote telecommunication sites.

PLUG shares are now up 20% at $1.10 on over 2 million shares as of 10:17 AM EST.  The headline hit at 10:14 AM EST so this is a sudden burst move as the average daily volume here is only about 600,000 shares.  The 52-week trading range is $0.64 to $1.55 and the market cap is a mere $145 million.

JON C. OGG


Asian Stocks Up On Job News, Metal Earnings - AHN


Asian Stocks Up On Job News, Metal Earnings
AHN
Its shares increased nearly 6 percent in after-hours trading. In Tokyo, the Nikkei climbed for the third session, finishing up 0.34 percent to 9832.47. ...

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Morning Business Brief - KELOLAND TV


Morning Business Brief
KELOLAND TV
Shares of Alcoa rose in after-hours trading. The aluminum producing giant reported a profit in the latest quarter, helped by reduced costs. ...

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DryShips Cruises On (DRYS)

DryShips, Inc. (NASDAQ: DRYS) is seeing a surge in pre-market trading, although it may seem muted in comparison to the good old days when this would open up or down by more than 10% on what felt as though was almost every day.  This higher yesterday at $6.73 on the Baltic Dry index but then Alcoa is helping.  If metals fabrication is up, then hopefully mining is and therefore hopefully shipping is not very far behind.  At 8:49 AM EST we are seeing a 4.5% gain to $7.03 on over 500,000 shares.  DRYS trades 23 million shares a day and this oen is still way down from those old $100+ highs.   This appears to be the highest trading level since September 24 when it hit an intraday high of $7.08 and had seen highs of $7.30 and $7.28 in the two days before that.  -JON C. OGG


Barchart US Morning Call - Inside Futures


Barchart US Morning Call
Inside Futures
Alcoa (AA) jumped over 5% in after-hours trading and is now trading over 7% higher in Europe after the largest US aluminum producer reported an unexpected ...

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Thursday Outlook: Commodities, Global Markets - Seeking Alpha (blog)


Thursday Outlook: Commodities, Global Markets
Seeking Alpha (blog)
By this author: If after hours trading is any indication, then we should be heading much higher tomorrow. The bulls are taking over once again driving ...


Alcoa posts surprise Q3 profit of US$77M; forecasts higher global demand - Metro Canada - Ottawa


Alcoa posts surprise Q3 profit of US$77M; forecasts higher global demand
Metro Canada - Ottawa
Investors cheered the news, sending Alcoa's shares up 5.2 per cent in after-hours trading. Alcoa earned US$77 million, or eight cents per share, ...

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Alcoa delivers profit surprise - Financial Post


Alcoa delivers profit surprise
Financial Post
Shares in the Pittsburgh-based aluminum producer rose in after-hours trading yesterday as much as 5.1% to US$14.60, after closing at US$13.89. ...

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