Forbes
Bristol-Myers shares rose 4 cents to $24.50 in after-hours trading Friday after closing at $24.46, up 43 cents from a day earlier.
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Friday, November 20, 2009
FDA OKs Abilify for autism-linked irritability - Forbes
Forbes
Bristol-Myers shares rose 4 cents to $24.50 in after-hours trading Friday after closing at $24.46, up 43 cents from a day earlier.
and more »
FDA OKs Abilify for autism-linked irritability - Forbes
Forbes
Bristol-Myers shares rose 4 cents to $24.50 in after-hours trading Friday after closing at $24.46, up 43 cents from a day earlier.
and more »
UPS To Raise Rates An Average Of 4.9% In 2010 - Wall Street Journal
Wall Street Journal
UPS's shares slid 0.5% to $57.23 in after-hours trading. The stock has gained 17% in the past year. (Updates throughout with additional background, ...
and more »
Baffling Netlist… Resembling K-Tel (NLST)
Netlist, Inc. (NASDAQ: NLST) is beyond amazing… It is becoming baffling how much this stock has run after all of its HyperCloud related trading gains.  We had noted each morning how Netlist’s chart had become a drunkard that would probably ebb and flow after its inflection point had been hit with 25 million shares on Monday and a $6.24 close from $4.47 on the Friday before. This was not even $1.00 early last week. It looks like the inflection point may be today.. or now maybe next week. All we can say is that Netlist is pulling a KTEL for those of you who who were trading in the late 1990’s. At 3:35 PM EST today we have shares going nuts and they took out the 52-week highs of $6,87 from Monday. The highs today took it out and then some by hitting as high as $7.98. Shares are now back down at $7.33 and up 29.3% on a whopping and unbelievable 29,193,054 shares. This is a day trader’s dream. Or a nightmare.
JON C. OGG
Moody's downgrades Sprint rating - The Associated Press
The Associated Press
Shares of Sprint Nextel shed 2 cents to $3.74 in after-hours trading, after losing 9 cents to $3.76 during the regular session.
and more »
DryShips Options Pull on Offering (DRYS)
DryShips, Inc. (NASDAQ: DRYS) is seeing some options activity that stands out today, although it is a bit muted by our count considering that the $300 million convertible note offering was juiced up to $400 million and considering the share lending agreement with Deutsche Bank. The action is almost irrelevant in NOV-2009, but the December action is where the options trading looks to be today. The calls are first, and the puts are second.
DEC$   Volume   OpInt.
6.00Â Â Â 2,923Â Â Â 11,666
7.00Â Â Â 9,576Â Â Â 28,535
8.00Â Â Â 3,480Â Â Â 44,912
DEC$   Volume   OpInt.
5.00Â Â Â 1,463Â Â Â 8,528
6.00Â Â Â 4,484Â Â Â 14,286
7.00Â Â Â 1,445Â Â Â 21,313
There have been 5,662 contracts trade in the NOV-2009 $6.00 CALLS (in the money) versus an open interest of 11,341 contracts. The other trading noted was in the March-2010 $7.00 CALLS saw 4,589 contracts trade hands versus an open interest of 7,153 contracts. Interestingly enough, neither one of these seem to be huge bets about hedging on the notes.
JON OGG
Big Bullish Options Bet in B of A (BAC)
Bank of America Corp. (NYSE: BAC) has seen an absolute massive butterfly call spread for January 2011 as 50,000 January $20 and $40 calls are bought for $1.94, and 100,000 $30 calls are sold at $0.37, so a $1.20 debit, expecting shares to nearly double over the next year and volatility to come down a bit. Shares are struggling to get above the 50 day EMA here, but this trade is a big institution looking for financials to continue to flourish in a low interest rate environment. A trade of this magnitude is notable, and is also a bullish signal that a large institution is staying bullish the US markets.
For whatever it is worth, there were reports mid-week that billionaire hedge fund operator John Paulson had implied a $29.81 price target for Bank of America out in 2011.
Joe Kunkle, OptionsHawk.com
Despite Taking a Beating, Intel Is Still Attractive - Minyanville.com
Minyanville.com
The shares took a pummeling after the announcement in after-hours trading and I have to admit I think it deserved a slap for the performance. ...
Bank of Florida postpones public offering - Bizjournals.com
Bizjournals.com
After the postponement was announced, they fell an additional 12 cents to 87 cents in after-hours trading. Its stock traded at $1.54 the day the public ...
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Morning business news - Nov 20 - RTE.ie
RTE.ie
The disappointing figures sent shares down by 7% in after-hours trading. Dell says it expects revenues in the fourth quarter to improve. ...
and more »
DryShips Huge Overhang (DRYS)
DryShips Inc. (NASDAQ: DRYS) priced and increased the size of its prior announced offering from $300 million to $400 million in convertible notes issued at PAR with an interest rate of 5% and with an initial conversion price for the convertible notes of $7.19 per share. In short, overhang and dilution. That could unload another 55 million shares equivalent or so if this stock rallies again. DryShips shares are down almost 4% at $6.28 at 8:34 AM EST on 1.25 million shares. Average volume is almost 25 million shares. We won’t bother with a 52-week range because you already know this one is the king of volatility.
JON OGG
ADC lost $19.2M in 4Q; guidance disappoints - BusinessWeek
BusinessWeek
Its shares fell sharply in after-hours trading as its guidance came in below analyst expectations. ADC, which supplies network equipment, software and other ...
and more »
Wall St drops on fresh recovery concerns - Livemint
Livemint
Dell's stock fell 6.6% to $14.82 in after-hours trading. On Nasdaq, it had closed at $15.87. Thursday's market sell-off was broad-based, with all but four ...
and more »
Friday Newspaper Review - Irish Business News and International Stories ... - FinFacts Ireland
FinFacts Ireland
FinFacts Ireland
Dell's shares tumbled more than 6 percent to $14.87 in after-hours trading, after closing down about 1 percent at $15.87 on Thursday. Since Michael S. Dell, ...
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