Wednesday, November 18, 2009

Netease.com Posts Lackluster Internet Results For A Difficult Quarter In China - ChinaTechNews.com


Netease.com Posts Lackluster Internet Results For A Difficult Quarter In China
ChinaTechNews.com
Yet these results have failed to impress investors, who have caused the company's stock to tumble in after-hours trading. The share price ended at USD37.10, ...

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


NetEase.com Q3 Profit Up Yet Miss Estimates - Update - RTT News


RTT News

NetEase.com Q3 Profit Up Yet Miss Estimates - Update
RTT News
Following the announcement of results, NetEase shares fell more than 8% in after hours trading. The Beijing, China-based company's third quarter net profit ...

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


NEWS | SAN DIEGO Jack in the Box 4Q profit up but outlook weak - San Diego Daily Transcript (subscription)


NEWS | SAN DIEGO Jack in the Box 4Q profit up but outlook weak
San Diego Daily Transcript (subscription)
However, a weak forecast for fiscal 2010 sent shares tumbling 6 percent in after-hours trading. Comments are moderated by SDDT, in accordance with the SDDT ...

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NetEase 3Q Results Miss Estimates, Shares Fall - ABC News


NetEase 3Q Results Miss Estimates, Shares Fall
ABC News
... results fell below analyst expectations, sending NetEase's American Depositary Shares tumbling $3.69, or 9.1 percent, to $37.10 in after-hours trading. ...

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Marvell Names New Board Member - ABC News


Marvell Names New Board Member
ABC News
He is the vice chairman of Give2Asia. Marvell shares rose 33 cents in after-hours trading, after finishing regular trading down 33 cents at $16.09.

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


Merger Rumors & Chatter Drives Options (BG, MON, NWS, MWW, NUE, SCHN, CL, AMTD, ETFC)

Originally submitted at 2:00 PM EST…. Despite the markets trading a bit lower today there was a lot of call activity today based on takeover chatter in various sectors, as the bullish move in the markets coupled with a budding M&A market have speculators active.  Early morning action was in Bunge (NYSE: BG), with Monsanto (NYSE: MON) rumored to be offering a $75 price tag, and 24,000 calls traded, a lot of new opening buyers with 50% of the action offer side, with the large players buying the out of the money January $70 calls in size.

Then a rumor that News Corp (NYSE: NWS) is looking to takeout Monster Worldwide (NYSE: MWW) at $23.50 per share hit, and today 43,800 calls have traded, 52% offer side buys with 100+ lots of November and December $15 calls being bought, 22X average call volume.

A rumor that Nucor Corporation (NYSE: NUE) has a $60 offer for Schnitzer Steel (NASDAQ: SCHN) never really gained any traction.  Riverbed Technology (NASDAQ: RVBD)  was also back in the M&A chatter as 9,700 calls traded, half the action offer side, with buyers in December $22.50 calls.

The most explosive action came late in the day as Colgate (NYSE: CL) shares spiked 4% higher and IV jumped 56% as a UK newspaper mentioned that a merger with Reckitt may be close.  37,500 calls traded with 57% offer side, also seeing some sizable chunks of November $85/$90 calls and December $85/$90 calls being bought in strength.

Later in the day came wod that Ameritrade (NASDAQ: AMTD) might be looking to buy E*TRADE Financial (NASDAQ: ETFC) also began to hit trading floors and call action jumped…. at least for a sub-$2.00 stock.

JOE KUNKLE, OptionsHawk.com

NOVEMBER 17, 2009


PPD buying BioDuro in China expansion - The Associated Press


PPD buying BioDuro in China expansion
The Associated Press
Shares of PPD fell 6 cents to $20.98 in after-hours trading after falling 17 cents to close at $21.04 during the regular trading session.

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Vivus says erectile dysfunction trial meets goals - Forbes


Vivus says erectile dysfunction trial meets goals
Forbes
Vivus said late on Tuesday that it would announce the avanafil data on Wednesday morning, and shares rose further in after hours trading. ...

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BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await - Wall Street Journal


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await
Wall Street Journal
Shares dropped 7.4% to $38.05 in after-hours trading although the online-business software maker's results topped its and Wall Street's expectations. ...

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A Computer in Your Pocket - The Nokia N900 is Here! - Financial News USA (press release)


A Computer in Your Pocket - The Nokia N900 is Here!
Financial News USA (press release)
The news sent shares up by 14% in after-hours trading as investors welcomed the additional cash. LDK chairman and CEO Xiaofeng Peng said the deal will, ...

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Poniard Recovering Again (PARD)

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) recovered off lows big-time yesterday after the company announced an updated positive clinical data from its Phase 2 trial of Picoplatin in colorectal cancer and new Phase 1 cardiac safety trial results.  Shares are continuing the recover this morning with a 10.9% gain to $2.71 on over 425,000 shares as of 8:26 AM EST.  This is on the heels of a huge drop from $7.58 on Friday to $1.83 on Monday after a failure of a picoplatin study in lung cancer trials.

JON C. OGG


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await - Wall Street Journal


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await
Wall Street Journal
Shares dropped 7.4% to $38.05 in after-hours trading although the online-business software maker's results topped its and Wall Street's expectations. ...

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La-Z-Boy Sees Profitable 2Q - FOXBusiness


La-Z-Boy Sees Profitable 2Q
FOXBusiness
Shares of La-Z-Boy rose 12 cents or 1.67% in after-hours trading, Tuesday, after falling 20 cent or 2.71% during the session to close at $7.18 a share.

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Standard Parking closes 6.6M offering - November 18 - KMPH Fox 26


Standard Parking closes 6.6M offering - November 18
KMPH Fox 26
... 30-day option to buy an additional 988936 shares. Standard Parking fell 15 cents to $15.91 in after-hours trading, after adding 28 cents to close at $16.06.

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