Friday, October 9, 2009

SEC Investigating Builder KB Home - EasyBourse.com


SEC Investigating Builder KB Home
EasyBourse.com
... declined to comment beyond the filing. The SEC also declined to comment. Shares of KB Home were down 2.5% to $16.05 in after-hours trading.

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GM, General Dynamics JV Gets $646.9M Stryker Pact - Wall Street Journal


GM, General Dynamics JV Gets $646.9M Stryker Pact
Wall Street Journal
... 2988 Strykers have been built. General Dynamics' shares rose 1.3% to $67 in after-hours trading. The stock has gained 9% in the past year.

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Ford Names Gioia To New Job Of Global Electrification Director - NASDAQ


Ford Names Gioia To New Job Of Global Electrification Director
NASDAQ
Ford's shares slid 0.1% to $7.11 in after-hours trading. Ford was the only Detroit auto maker that did not accept a government bailout or file for ...

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Acorda Options Worth Second Look (ACOR)

Acorda Therapeutics, Inc. (NASDAQ: ACOR) was covered already this morning for its significant price-volume alert.  Including teh after-hours session at 4:45 PM EST we saw some 14.54 million shares trade and the stock closed out down 21% at $17.52.  This volume is impressive even if the price drop is not, but there was also a huge jump in the options trading for OCT-2009.  Here is the options volume today with a comparison to the open interest to show just how active this was:

CALL$    Volume    OpInt
17.50    6,020    931
20.00    20,124    1,184
22.50    2,536    6,054
25.00    35,130    5,919
30.00    6,497    8,258
PUT$    Volume    OpInt
7.50    1,805    310
10.00    6,758    1,484
12.50    4,989    2,511
15.00    14,979    9,448
17.50    10,468    12,271
20.00    4,884    10,206

The FDA made its data public today:

JON C. OGG
OCTOBER 9, 2009


Daily ETF Roundup: TBT, SMH Rise, SGG, UNG Fall - ETF Database


Daily ETF Roundup: TBT, SMH Rise, SGG, UNG Fall
ETF Database
... which helped push the entire industry higher, although it appears as if Texas Instruments is giving up most of its gains in after hours trading. ...


Alcoa, Liz Claiborne, NCR, PepsiCo big movers - Financial News USA (press release)


Alcoa, Liz Claiborne, NCR, PepsiCo big movers
Financial News USA (press release)
Shares of Dana dropped a penny to $6.87 in after-hours trading. They rose 14 cents, or 2.1 percent, to close at $6.88 during the regular session. ...

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Traders Keep Nibbling on Sequenom (SQNM)

Sequenom Inc. (NASDAQ: SQNM) is surging higher again today.  At 10:35 AM EST we have not seen an exponential volume alert as the volume is now just over 7 million shares versus 9.4 million on average.  But the stock is up another 9.8% at $3.67.  This one has risen since meeting with the SEC and other regulatory and enforcement agencies.  Traders keep touting that there may be no intentional wrongdoing from management and the top brass that was recently canned, although it seems a bit premature to make any definite assumptions along that line.  Trust is just hard enough to come by, let alone in companies which have had issues such as this.  This is still very much an at-risk company, although making any predictions at this point would be based entirely upon incomplete data that still has many unknowns.  Stay tuned.   -JON OGG


Omeros Stock Sinks in Market Debut - American Chronicle


Omeros Stock Sinks in Market Debut
American Chronicle
The stock slipped a further 10 cents in after-hours trading. Omeros, the first Pacific Northwest-based company to go public in nearly two years, ...

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Chevron production rises, downstream flat - Reuters


Chevron production rises, downstream flat
Reuters
Chevron shares rose 0.8 percent to as high as $72 in after-hours trading Thursday, after closing 1.3 percent higher at $71.45, on a day when Conoco jumped ...

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AVANIR Surging on Data (AVNR)

AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) is surging on strong volume this morning.  The company announced additional detailed results from the confirmatory double-blind Phase III STAR trial evaluating two doses of the investigational drug Zenvia™ in the treatment of pseudobulbar affect among patients with underlying multiple sclerosis (MS) or amyotrophic lateral sclerosis (ALS). Zenvia met the primary efficacy endpoint by reducing PBA episode rates by an incremental 11.9% beyond placebo. The lower dose Zenvia group did not achieve a statistically significant reduction in PBA episode rates compared to placebo.  Where this ultimately trades is still up in the air, but shares at 8:43 AM EST have seen 385,000 shares trade and the last trade was up 13% at $2.60.  The average volume is 1.95 million shares and the 52-week trading range is $0.23 to $4.09. -JON OGG


BEFORE THE BELL: US Stk Futures Weaker On Bernanke Hike Pledge - Wall Street Journal


BEFORE THE BELL: US Stk Futures Weaker On Bernanke Hike Pledge
Wall Street Journal
Shares jumped 16% to $6.50 in after-hours trading. Regal-Beloit Corp. (RBC) raised its third-quarter earnings guidance despite holding its revenue view ...

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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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Asian Stocks Advance as Chip Prices Rise; Utilities Decline - Bloomberg


Asian Stocks Advance as Chip Prices Rise; Utilities Decline
Bloomberg
Bullion lost 0.8 percent in after-hours trading today. A measure of six metals traded on the London Metal Exchange, including copper and zinc, ...

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