Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This diminutive internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny mart cap of exclusive about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the broad end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the broad end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in topical search, is mostly thin volume.  The 122,000 shares compares to most 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in nous this one has a tiny market cap of only most $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in Apr before that. -Jon Ogg

Posted 11:05 AM EST

JSE on a roll for seventh session running - Business Day

JSE on a roll for ordinal session running
Business Day
In the US, Intel's share price was up more than 7% in after-hours trading in New York. The Dow Jones and S&P 500 indices were up 2,1% last night. ...

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet see player, which specializes in local search, is mostly thin volume.  The 122,000 shares compares to most 58,000 for a full day on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market container of only most $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT Faces Grim Prospects After Failed Bailout Bid - BusinessWeek

CIT Faces Grim Prospects After Failed Bailout Bid
BusinessWeek
Even on a day when trading was halted in CIT's stock, the markets rallied with most major indexes up 3%â€"and largely held those gains in after-hours trading, ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is air in price and in intensity this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% gain to $3.95 gets it fireman to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.

The last time this much intensity was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT Faces Grim Prospects After Failed Bailout Bid - BusinessWeek

CIT Faces Grim Prospects After Failed Bailout Bid
BusinessWeek
Even on a day when trading was halted in CIT's stock, the markets rallied with most major indexes up 3%â€"and largely held those gains in after-hours trading, ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This diminutive internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its preceding guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of preceding guidance of $400,000, or $0.03 EPS.

The last time this such volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT, Government Talks End Fruitless - Trading Markets (press release)

CIT, Government Talks End Fruitless
Trading Markets (press release)
CIT shares closed Wednesday's regular trading session at $1.64, up 3 cents or 1.86% and gained an additional centime in after hours trading.

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in intensity this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in nous this one has a tiny market cap of exclusive about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the broad end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the broad end of prior guidance of $400,000, or $0.03 EPS.

The last time this such intensity was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

US stock and bond futures little changed after CIT statement - Reuters

US stock and bond futures little changed after CIT statement
Reuters
NEW YORK, July 15 (Reuters) - US stock futures were little changed, as were US Treasury bond futures, in after hours trading on Wednesday after pledgee CIT ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the crowning of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The terminal time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Digital River to cut 120 jobs - MSN Money

Digital River to cut 120 jobs
MSN Money
Shares fell 85 cents, or 2.2 percent, to $37.21 in after-hours trading. The stock had closed up $2.63, or 7.4 percent, at $38.06.

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and New in Apr before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this such volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its preceding guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of preceding guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

AP Business newsbrief at 12:33 pm EDT - TMCnet

AP Business newsbrief at 12:33 pm EDT
TMCnet
The stock jumped 7 percent in after-hours trading. Abbott profit dips on charges, generic competitionnorth CHICAGO, Ill. (AP) _ Drug developer and medical ...

and more »

Price/Volume Alert: Gannett (GCI)

Gannett Co., Inc. (NYSE: GCI) is rarely a pre-market intensity fruit stock.  But the company’s earnings came in much better than many had expected.  The individual business metrics and trends continue to be atrocious, but the consort earned $70.5 million or $0.30 EPS in the Q2 period.  On a non-GAAP basis, that was $0.46 EPS and Thomson Reuters was only $0.36 EPS.  After 2 minutes of trading we hit already hit the 1 million share evaluation and shares are up 20% at $4.20.  The average intensity is 7 million shares and the 52-week range is $1.85 to $21.68. -Jon C. Ogg
POSTED 9:32 AM EST

Unusual Volume Spike Alert: Rick’s Cabaret (RICK)

Rick’s Cabaret International Inc. (NASDAQ: RICK) has never once made our volume alerts.  At least not until today.  Shares are up almost 6% at $7.07 on over 110,000 shares.  This one trades only most 123,000 shares on average.  The culprit is easy… CNBC is most to interview a company officer as part of its reference to its “Porn: Business of Pleasure”….  The stock’s 52-week trading range is $2.44 to $18.18.  Over the last 90-days, the most active day was over 1 million shares on June 26.  Be advised, this is a low-float stock and its market cap is barely $65 million. -Jon C. Ogg

POST TIME 9:48 AM EST

Intel's strong numbers suggest PC business on mend - BusinessWeek

Intel's strong numbers declare PC business on mend
BusinessWeek
The stock jumped 7 percent in after-hours trading. That's not to say that individualized computers are flying off the shelves. PC makers are still hurting, ...

and more »

Diamond plays see morning volume spike (NILE, FUQI)

Shares of jewelers Blue river Inc. (NILE) and Fuqi International Inc. (FUQI) appear to be rising on speculation that recent stock price declines on fears of slack demand for luxury items may be overdone. Citigroup upgraded shares of Blue river to Buy from Hold, citing reasonable earnings estimates, citing in part greater price flexibility given that polished diamond prices are down 12 to 15 proportionality year-over-year. Shares are up 9 percent, trading at about 70 proportionality of average regular volume as of 11:15 Eastern. The upgrade and pricing observation also may be benefiting small-cap play Fuqi, based in China. Its shares are up more than 7 proportionality to $16.86, already trading more than its average regular volume. — Mike Tarsala

Diamond plays see morning volume spike (NILE, FUQI)

Shares of jewelers Blue Nile Inc. (NILE) and Fuqi International Inc. (FUQI) appear to be rising on speculation that recent stock price declines on fears of slack demand for luxury items may be overdone. Citigroup upgraded shares of Blue Nile to Buy from Hold, citing reasonable earnings estimates, citing in part greater price flexibility given that lustrous parcel prices are down 12 to 15 percent year-over-year. Shares are up 9 percent, trading at most 70 percent of average daily volume as of 11:15 Eastern. The upgrade and pricing observation also may be benefiting small-cap play Fuqi, based in China. Its shares are up more than 7 percent to $16.86, already trading more than its average daily volume. — Mike Tarsala

Asian Shares Gain, But Uncertainty Persists - Forbes

Asian Shares Gain, But Uncertainty Persists
Forbes
Share of Intel ( INTC - programme - people ) jumped 7% in after-hours trading after the chipmaker said Tuesday that it expected third-quarter sales of $8.9 ...

and more »

Diamond plays see morning volume spike (NILE, FUQI)

Shares of jewelers Blue Nile Inc. (NILE) and Fuqi International Inc. (FUQI) appear to be rising on speculation that recent stock price declines on fears of slack demand for luxury items may be overdone. Citigroup upgraded shares of Blue Nile to Buy from Hold, citing reasonable earnings estimates, citing in conception greater price flexibility given that polished diamond prices are down 12 to 15 percent year-over-year. Shares are up 9 percent, trading at about 70 percent of average daily volume as of 11:15 Eastern. The upgrade and pricing observation also may be benefiting small-cap play Fuqi, based in China. Its shares are up more than 7 percent to $16.86, already trading more than its average daily volume. — Mike Tarsala

BEFORE THE BELL: US Stk Futures Higher On Upbeat Intel Report - Wall Street Journal

BEFORE THE BELL: US Stk Futures Higher On Upbeat Intel Report
Wall Street Journal
Shares rose 7.3% to $19 in after-hours trading. UCBH Holdings Inc. (UCBH) launched several plans to strengthen and preserve capital amid a tough environment ...

and more »

Diamond plays see morning volume spike (NILE, FUQI)

Shares of jewelers Blue Nile Inc. (NILE) and Fuqi International Inc. (FUQI) appear to be rising on speculation that recent stock price declines on fears of slack demand for luxury items may be overdone. Citigroup upgraded shares of Blue Nile to Buy from Hold, citing reasonable earnings estimates, citing in part greater price flexibility given that lustrous diamond prices are down 12 to 15 percent year-over-year. Shares are up 9 percent, trading at about 70 percent of average regular intensity as of 11:15 Eastern. The upgrade and pricing attending also may be benefiting small-cap play Fuqi, based in China. Its shares are up more than 7 percent to $16.86, already trading more than its average regular volume. — Mike Tarsala

Asian Stocks Rise on Earnings Optimism; Samsung, Air China Gain - Bloomberg

Asian Stocks Rise on Earnings Optimism; Samsung, Air China Gain
Bloomberg
Intel rose 7.1 percent in after-hours trading. Air China gained 7.8 percent in Hong Kong, while China Cosco, the world's No. 1 operator of dry- bulk ships, ...

Diamond plays see morning volume spike (NILE, FUQI)

Shares of jewelers Blue river Inc. (NILE) and Fuqi International Inc. (FUQI) appear to be rising on speculation that recent stock price declines on fears of slack demand for luxury items may be overdone. Citigroup upgraded shares of Blue river to Buy from Hold, citing reasonable earnings estimates, citing in part greater price flexibility given that polished diamond prices are down 12 to 15 percent year-over-year. Shares are up 9 percent, trading at about 70 percent of average daily volume as of 11:15 Eastern. The upgrade and pricing observation also may be benefiting small-cap play Fuqi, based in China. Its shares are up more than 7 percent to $16.86, already trading more than its average daily volume. — Mike Tarsala

MARKET CLOSE: NZ shares rise; NPX, Infratil gain - Scoop.co.nz (press release)

MARKET CLOSE: NZ shares rise; NPX, Infratil gain
Scoop.co.nz (press release)
... the world's biggest chipmaker, rose as much as 8.4% in after-hours trading in the US after forecasting higher-than-expected third-quarter sales. ...

and more »