Bloomberg
Apple shares surged 6.6 percent in after-hours trading. Murata Manufacturing Co., the world's largest capacitor maker, jumped 2.3 percent to 4500 yen. ...
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Ideation Acquisition Corp. (AMEX: IDI) is a very unusual trading alert and may be among the first of this type of call. We are seeing a 1.75% gain to $8.15, which is not much of a gain, but the trading volume is 311,000 shares as of 12:24 PM EST. The stock was also active last week with over 900K shares traded on Wednesday. The culprit for today’s move was an initiation of research coverage by Ladenburg Thalmann with a BUY rating. This is ahead of a pending merger vote with SearchMedia. Ideation is a SPAC, a special purpose acquisition company, and SearchMedia is an outdoor billboard and in-elevator advertiser in China. -JON OGG
We are seeing a surge in two of the coffee stocks today. Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) said that it was introducing its Donut House™ Collection, a full line of regular, decaf and flavored coffees in K-Cup® portion packs for use with Keurig® Single-Cup Brewing Systems. All price moves are as of 11:13 AM EST:
The other coffee players have not moved as much or are not active enough to signal any sort of volume spike alerts…. SBUX, JVA, CBOU
JON C. OGG
Allion Healthcare, Inc. (NASDAQ: ALLI) closed at $5.44 Friday, but shares are up at $6.47 with a gain of 18.93% on some 592,638 shares as of 8:43 AM EST. Average volume here is only about 90,000 shares. A firm called H.I.G. Capital is acquiring its for $6.60 per share…. iPCS, Inc. (NASDAQ: IPCS) is being acquired by Sprint Nextel at $24.00 per share, a 34% premium to the $17.88 close Friday. Shares are up 33% at $23.90 on 476,000 shares of 8:43 AM EST. JON OGG