AFTER THE BELL-Regeneron falls after drug-trial halt - Interactive Investor

AFTER THE BELL-Regeneron falls after drug-trial halt
Interactive Investor
NEW YORK, Sept 11 (Reuters) - Regeneron Pharmaceuticals Inc shares dropped 3.9 percent to $21.03 in extended trade on Friday after the company said it ...

Regeneron ends Phase 3 trial for pancreatic cancer treatment - Albany Times Union

Regeneron ends Phase 3 trial for pancreatic cancer treatment
Albany Times Union
The company announced the discontinuation of the trial after the markets closed. In after-hours trading, shares were off another 88 cents to $21.00.

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AFTER THE BELL-Regeneron falls after drug-trial halt - Interactive Investor

AFTER THE BELL-Regeneron falls after drug-trial halt
Interactive Investor
NEW YORK, Sept 11 (Reuters) - Regeneron Pharmaceuticals Inc shares dropped 3.9 percent to $21.03 in extended trade on Friday after the company said it ...

Sanofi-Aventis, Regeneron End Phase III Trial Of Aflibercept - Wall Street Journal

Sanofi-Aventis, Regeneron End Phase III Trial Of Aflibercept
Wall Street Journal
Shares of Regeneron fell 3% to $21.23 in after-hours trading. Sanofi-Aventis' American depositary shares closed Friday at $35.05, up 0.4%, and were inactive ...

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Regeneron, Sanofi drug fails against pancreatic cancer - Forexyard

Regeneron, Sanofi drug fails against pancreatic cancer
Forexyard
Shares of Regeneron, a biotechnology company based in Tarrytown, New York, fell almost 5 percent in after-hours trading, from their closing price on Friday ...

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AFTER THE BELL-Regeneron falls after drug-trial halt - Interactive Investor

AFTER THE BELL-Regeneron falls after drug-trial halt
Interactive Investor
NEW YORK, Sept 11 (Reuters) - Regeneron Pharmaceuticals Inc shares dropped 3.9 percent to $21.03 in extended trade on Friday after the company said it ...

Unusual Options Trading in Coca-Cola (KO)

Options volume in The Coca-Cola Cola (NYSE: KO) is much more active than normal.  Coke is not one of the more volatile names where you generally see options volume.  The September $52.50 CALLS traded 10,248 versus open interest of 7,588, the second day of large bullish call buying. Also, 12,000 OCT-2009 $52.50 calls trading and 4,967 OCT-2009..55 calls with both exceeding open interest.  Shares are definitely breaking out of consolidation here and look to be targeting above $52.50.  There does not appear to be any upcoming catalysts, but it is a name the Buffett is always involved with, and earnings should come before October options expiry.  This could be more of a major technical call and feeling that a soft drink tax is not coming with the health plan.

JOE KUNKLE, OptionsHawk.com

FedEx Exponential Volume Helping Comps (FDX, UPS, EXPD, UTIW)

FedEx Corporation (NYSE: FDX) is surging on its announcement that it raised guidance.  At 11:02 AM EST we have a 7.3% gain to $78.00 and we have already crossed over 4.75 million shares.  That is getting close to 150% of its average volume and is triple what we have normally seen by this time in the morning.  The 52-week trading range here is $34.02 to $96.65, but this was north of $100.00 less than two years ago.  Just to show how much this one has risen of late, the 50-day moving average is $64.85 and the 200-day moving average is $56.45.  This move today takes the stock to levels not seen since last October, and technically it looks like each dollar up is a move into relatively new territory.  This has now run 130% or more since the lows during that panic selling wave in early March.

The secondary direct play off of this is United Parcel Service, Inc. (NYSE: UPS), with a 4% gain to $58.68 and the 4.3 million share average daily volume has just been crossed.  Its 52-week trading range is $37.99 to $70.00.  Our other lesser stocks in the group which we use to track this are Expeditors International of Washington Inc.    (NASDAQ: EXPD) and UTI Worldwide, Inc. (NASDAQ: UTIW), both of which are up close to 4% but on surprisingly low trading volume.

-JON OGG

Action-sports-industry execs assemble for expo - San Diego Union Tribune

Action-sports-industry execs assemble for expo
San Diego Union Tribune
Shares of the San Diego company surged $2.30, or 13.7 percent, to $19 in after-hours trading yesterday. The stock closed up 21 cents at $16.70 in regular ...

Wheat Declines on Concern Supply to Outpace Demand, Corn Drops - Bloomberg

Wheat Declines on Concern Supply to Outpace Demand, Corn Drops
Bloomberg
December-delivery wheat added 0.3 percent to $4.60 a bushel in after-hours trading on the Chicago Board of Trade at 2:26 pm Singapore time, narrowing its ...

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AIG Holding Up On Downgrade (AIG)

American International Group, Inc. (NYSE: AIG) is back in the soup…. Wells Fargo joined in on the downgrade brigade and took the stock down to Underperform from Market-Perform.  As we have already seen two key downgrades, it seems that traders are becoming jaded to the downgrades.  At 8:46 AM EST we have seen over 400,000 shares trade hands.  The average volume is 34 million shares but the volume in each of the last 10 days has been significantly higher than that average.  So far this is down less than 3% at $36.80.  With this being the third downgrade, we’d actually look for AIG to trade the direction of the market from wherever this stock is trading around 9:45 or 10:00 AM EST….  This one has also been in a $36 to $40 trading channel the last three days.  As a reminder, many traders have started using AIG put and call options to trade this because the stock often moves too fast.  -JON OGG

Action-sports-industry execs assemble for expo - San Diego Union Tribune

Action-sports-industry execs assemble for expo
San Diego Union Tribune
Shares of the San Diego company surged $2.30, or 13.7 percent, to $19 in after-hours trading yesterday. The stock closed up 21 cents at $16.70 in regular ...

RBY Rubicon Minerals Corporation - After Hours Trading Closed at 3.71 - TransWorldNews (press release)

RBY Rubicon Minerals Corporation - After Hours Trading Closed at 3.71
TransWorldNews (press release)
Rubicon Minerals Corporation is a Canada-based mineral exploration-stage company that explores for commercially viable gold and base metal deposits. ...

SA Seabridge Gold, Inc. - After Hours Trading Closed - TransWorldNews (press release)

SA Seabridge Gold, Inc. - After Hours Trading Closed
TransWorldNews (press release)
Seabridge Gold Inc. (Seabridge) is a development-stage company engaged in the acquisition and exploration of gold properties located in North America. ...

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