The Associated Press
Work will be completed by October 2010. Shares of the New York, company added 40 cents to $72.69 in after-hours trading, after falling $1.27 to close at $72.29.
and more »
Friday, October 30, 2009
L-3 Communications' Vertex gets $24.6M Navy deal - The Associated Press
The Associated Press
Work will be completed by October 2010. Shares of the New York, company added 40 cents to $72.69 in after-hours trading, after falling $1.27 to close at $72.29.
and more »
GTx's stock slides before conference call - Bizjournals.com
Bizjournals.com
The company's stock closed down 10 percent to $8.98 per share on Friday, and was trading down another 98 cents a share in after hours trading.
and more »
TD Ameritrade To Repurchase $271M In ARS From Clients - Filing - Wall Street Journal
Wall Street Journal
Shares of TD Ameritrade closed down 25 cents, or 1.3%, at $19.30. The stock had regained those losses in after-hours trading and was recently up 1.3% at $19.55.
GTx's stock slides before conference call - Memphis Business Journal
Memphis Business Journal
The company's stock closed down 10 percent to $8.98 per share on Friday, and was trading down another 98 cents a share in after hours trading.
AFTER THE BELL-Novatel Wireless falls - Interactive Investor
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...
and more »
Peet's 3Q profit rises 22 percent, outlook raised - October 30 - KMPH Fox 26
KMPH Fox 26
Shares rose 17 cents to close at $28.27 on Tuesday, and jumped $1.53, or more than 5 percent in after-hours trading on the strong report. ...
and more »
STOCKS NEWS US-AFTER THE BELL-McAfee shares fall - Forbes
Forbes
compared with a year earlier, when the entire Standard & Poor's 500 index ended in a per-share loss. the third quarter as brightening the outlook for ...
and more »
RADVISION: Stock & Options Alert (RVSN, CSCO)
RADVISION Ltd. (NASDAQ: RVSN) is already trading higher this morning. The company’s earnings yesterday morning were $0.13 non-GAAP EPS and $20.4 million in revenues versus Thomson Reuters figures. And the guidance for Q4 was listed as $0.17 non-GAAP EPS and $21.5 million in revenues. That guidance may be mixed, but it does not signal an imminent drop off. We have also seen upgrades from Morgan Keegan and from Oscar Gruss. But this morning’s boost comes on the heels of reports from overseas that Cisco Systems Inc. (NASDAQ: CSCO) may walk away from the $3.1 billion acquisition of Tandberg.
If you will recall, Tel Aviv, Israel-based RADVISION shares fell from over $9.00 down to about $6.00 at the end of September when this Tandberg deal was announced by Cisco. Cisco is RADVision’s largest customer, and if Cisco is not going to buying a larger company like Tandberg it may either look elsewhere or it may just keep its pacts with RADVision. That may not offer key certainty by any stretch with “may” and with the hypothetical situations, but it leaves the upside for RADVision higher than it did. It is also after the company’s earnings and its guidance.
Where this gets interesting is in the NOV and DEC $7.50 CALLS for a de-leveraged trade. In December, we have seen only 10 contracts trade hands in the DEC-2009 $7.50 CALLS versus a prior open interest of 1,150 contracts. And in November, we have seen only 30 contracts trade in the NOV-2009 $7.50 CALLS versus a prior open interest of 68 contracts. The last price traded on the NOV CALLS was $0.25 and the last on the DEC CALLS was $0.15 and under the current market of $0.25 bid X $0.40 ask per contract.
Either way, with a 5.5% gain to $6.34 today traders are looking at the stock. Volume is already twice-normal at over 420,000 shares as of 10:46 AM EST. That is already above yesterday’s 358,000 shares traded and well above the 100,000 or so seen on many days. Some might also look at an ‘implied floor’ of about $5.60 seen from after the Cisco-Tandberg deal announcement right before earnings this week.
Reports do not constitute any definite outcomes. But that won’t keep traders from speculating either way.
JON C. OGG
OCTOBER 30, 2009
Central Pacific posts record loss of $183M: Troubled commercial loans cited as ... - Trading Markets (press release)
Trading Markets (press release)
The stock rose about 7 cents to $1.59 in after hours trading yesterday. As of Sept. 30, the bank listed assets of $5.2 billion, which was down 6 percent ...
and more »
BEFORE THE BELL:US Stock Futures Lower Ahead Of Data - Wall Street Journal
Wall Street Journal
Shares rose 3.8% to $27.37 in after-hours trading. Cliffs Natural Resources Inc.'s (CLF) third-quarter profit plummeted 66% on lower volumes in North ...
CIT Challenging Key Levels (CIT)
CIT Group Inc. (NYSE: CIT) Is getting “pantsed” this morning on the NYSE. Goldman Sachs Group (NYSE: GS) has trimmed the size of its loan. Rather than $3 billion, Goldman is loaning some $2.13 billion. This is two days after CIT raised $4.5 billion and as it continues on its restructuring efforts. At 8:56 AM EST we have shares trading down 7.3% at $0.88 on almost 1.4 million shares. Of course the volume is extremely high at 87 million shares on average per day, but this gets the stock within striking distance of yesterday’s $0.85 low and with the $0.82 low on OCT 13. We saw those same levels in early-August. JON OGG
Expedia Expands in China After Earnings (EXPE) - 24/7 Wall St. (blog)
24/7 Wall St. (blog)
Expedia originally traded up last night but went out flat or slightly down depending on what time you use as a cut-off in after-hours trading. ...
and more »
LV Sands reports wider loss - Las Vegas Review - Journal
Las Vegas Review - Journal
In after-hours trading, the company's shares rose $1.24, or 8.4 percent, to reach $16 at 5:30 pm PDT. Contact reporter Howard Stutz at ...
and more »
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