Seeking Alpha
... of at least US$9.70 per share, up from its previous looking of US$9.20, helping its shares rise as much as 3% in after-hours trading last Thursday. ...
and more »
Tuesday, July 21, 2009
Six Investment Topics for the Week Ahead - Seeking Alpha
Seeking Alpha
... of at least US$9.70 per share, up from its previous looking of US$9.20, helping its shares rise as much as 3% in after-hours trading last Thursday. ...
and more »
Unusual Options Activity: Plains Exploration & Production (PXP)
Plains Exploration & Production Company (NYSE: PXP) is trading more than 5,700 calls today, around 3X the norm, but the state is in the September $35 calls, where more than 4,065 have traded against no prior Open Interest, and shares are only at $28.74. A large block of 2,000 bought at the offer is responsible for much of the action. PXP’s fundamentals are not rattling strong, as shares have a lot of debt and trade 29X forward earnings, but ahead of August 6th earnings the state is substantially bullish due to an primeval morning note. The note mentioned that a California budget proposal would clear drilling soured the Santa Barbara coast, with Plains Exploration the company set to learn soured existing platforms. Environmentalists are opposed to the first offshore oil lease in California in 40 years, but an agreement would generate $2 billion over its lifetime, including $100 million this year. With a mart container of $3.36 billion, an agreement would be sure to send shares higher, and is likely the reasoning behind the bullish call activity in far out of the money strikes.
Joe Kunkle, founder of OptionsHawk.com
CIT Group confirms $3 billion in rescue funding - Middle East North Africa Financial Network
Middle East North Africa Financial Network
The shares rose more than 7% to $1.34 in after hours trading. CIT Group, a bank retentive company, is a major lender to small- and medium-sized businesses, ...
and more »
Monday, July 20, 2009
BEFORE THE BELL: US Stk Futures Up As CIT Said To Get Rescue - Wall Street Journal
Wall Street Journal
Orexigen soared 36% to $7.75 in after-hours trading after saying it will inform data at 8 am EDT Monday from three large Phase III clinical trials of its ...
and more »
Price/Volume Alert: Yahoo! (YHOO)
Yahoo! Inc. (NASDAQ: YHOO) is looking higher this morning on pre-market volume, but the stock is also getting a bit exhausted ahead of its earnings. This morning’s move is based upon the reports of a Microsoft search and advertising pact coming as soon as today. Both companies report earnings this week, so if no deal comes do not be shocked if and when there is a disappointment in the reaction. To show how much Yahoo! stock is dependent upon that deal, the 2.4% acquire to $17.28 this morning as of 8:30 has shares compares to a share price of $14.55 as recently as July 9. We have seen close to 200,000 shares trade hands. This “imminent” status will create large trading volume in either direction if and when it comes. -JON OGG
Asian Stocks Rise on Commodity Prices, US Housing; James Hardie ... - Bloomberg
Bloomberg
Prices for both materials were little changed in after-hours trading. BHP, Australia's biggest oil company, gained 1.7 percent to A$35.80. ...
and more »
Sunday, July 19, 2009
Red Hat joins the S&P 500 - InternetNews.com
InternetNews.com
In after hours trading Friday, Red Hat was up 8.45 percent to $22.34. Red Hat, the fast-growing provider of unstoppered source software solutions to enterprise ...
and more »
Saturday, July 18, 2009
US-BUSINESS Summary - BusinessDay
BusinessDay
AIG shares fell 3.8 percent to $13 in after-hours trading on Friday from its $13.52 close in regular trading on the New York Stock Exchange. ...
Options Volume Alert: Suncor (SU)
Suncor Energy Inc. (NYSE: SU) is seeing massive bullish state with more than 10,000 August $31 calls trading and 5,500+ August $32 calls trading against minimal open interest, almost all the state offer side. Shares have broken backwards above all major EMAs with potential status at $34.60, the 200 week EMA. Suncor is currently involved with a merger with Petro Canada, where Petro Canada shareholders receive 1.28 shares of Suncor per share held. The combined company will cut costs for Brobdingnagian oil sands projects and expects to be a longer term positive. Suncor earnings on July 23rd should provide more clarity on the merger proceedings and expected earnings impact. Regulatory approval is expected for Q3, but regardless of approval option traders are looking for an upside move in shares in the coming month. Another Brobdingnagian block of calls was just bought, 6,800+ for 17,000+ trading in the August $31 strike now.
-Joe Kunkle, founder of OptionsHawk.com
Tech beats finance: Red Hat joins the S&P 500 - InternetNews.com
InternetNews.com
In after hours trading Friday, Red Hat was up 8.45 percent to $22.34. Red Hat, the fast-growing provider of open source code solutions to project ...
and more »
Friday, July 17, 2009
Options Volume Alert: Suncor (SU)
Suncor Energy Inc. (NYSE: SU) is seeing massive bullish action with more than 10,000 August $31 calls trading and 5,500+ August $32 calls trading against minimal open interest, almost all the action offer side. Shares have broken backwards above all major EMAs with potential status at $34.60, the 200 week EMA. Suncor is currently involved with a integration with Petro Canada, where Petro Canada shareholders receive 1.28 shares of Suncor per share held. The compounded company module cut costs for huge oil sands projects and expects to be a longer term positive. Suncor earnings on July 23rd should provide more clarity on the integration proceedings and expected earnings impact. Regulatory approval is expected for Q3, but regardless of approval option traders are looking for an upside move in shares in the coming month. Another huge block of calls was just bought, 6,800+ for 17,000+ trading in the August $31 accomplish now.
-Joe Kunkle, founder of OptionsHawk.com
Mark Cuban insider trading case thrown out - Canada.com
Canada.com
During after-hours trading on June 28, 2004, Mr. Cuban sold 10000 of his 600000 shares and the following morning sold his remaining stake. ...
and more »
The Numbers Are In - The Big Money
The Big Money
So why did investors punish Google in after-hours trading? According to New York Times communicator Miguel Helft, Google's stock actually dropped three percent ...
and more »
PREMARKET ALERT: Yahoo (YHOO)
Yahoo Inc. (Nasdaq: YHOO) shares are up nearly 3 percent to $16.65 on premarket volume of nearly 100,000 shares. The have haw be gaining on comments Google had on its conference call regarding the return of large online advertisers in the first quarter. Oppenheimer this morning noted that it now has greater confidence that Google can exceed income and EBITDA estimates, and that it haw exceed margin estimates. The research outfit upraised its Yahoo direct to $19 from $13.25. — Mike Tarsala
PREMARKET ALERT: BioCryst Pharma (BCRX)
Â
BioCryst Pharmmaceuticals Inc. shares are up 32 percent to $5.60, on premarket volume of more than 100,000 shares. The company posted positive results from two Phase III studies of intravenous peramivir in patients with seasonal influenza. The studies were sponsored by BioCryst’s partner Shionogi & Co and conducted during the 2008-2009 influenza season. — Mike Tarsala.
Stocks poised for lackluster open - CNNMoney.com
CNNMoney.com
But concern about a drop in paid clicks, which are a primary maker of revenue for the search company, caused the stock to drop 3% in after-hours trading. ...
and more »
BEFORE THE BELL: US Stk Futures Mixed Ahead Of Key Earnings - Wall Street Journal
Wall Street Journal
Shares slid 3.4% to $427.61 in after-hours trading though earnings significantly topped analysts' expectations while revenue was in-line. ...
Callaway Golf indicates quarter earnings decline - San Diego Union Tribune
San Diego Union Tribune
Its shares were down 21 cents at $5.44 in after-hours trading, after approaching up 25 cents at $5.65. A joint venture of San Diego laser maker Cymer said ...
Google slips, IBM gains in evening action - Middle East North Africa Financial Network
Middle East North continent Financial Network
IBM shares rose 1.6% to $112.41 in after-hours trading. IBM IBM reported a 12% increase in second-quarter profit and lifted its forecast for annual earnings ...
and more »
Thursday, July 16, 2009
IBM sees profit rise12%, raises full-year outlook - Middle East North Africa Financial Network
Middle East North Africa Financial Network
Analysts currently judge IBM will earn $2.15 a share on $23.45 billion of its third quarter. In after-hours trading, IBM shares rose as much as 2% to ...
and more »
Google's results show slowing growth as online advertisers cut back - San Jose Mercury News
San Jose Mercury News
But it fell as low as $427.67 in after-hours trading. Contact Elise Ackerman at 408-271-3774. Follow her on Twitter at twitter.com/eliseackerman.
and more »
Google Q2 profit beats expectations - Hollywood Reporter
Hollywood Reporter
Investors, though, were selling shares in after-hours trading, knocking the stock down more than 3%. Google CEO Eric Schmidt was ambiguous about the health ...
and more »
Callaway announces preliminary earnings for 2Q - Forbes
Forbes
Shares of Callaway fell 9 cents to $5.56 in after-hours trading, following a gain of 25 cents, or 4.6 percent, to $5.65 in the regular session.
and more »
Google earnings top expectations of analysts - CBC.ca
CBC.ca
In after-hours trading, following the release of the earnings report, Google shares were off $11.76, or more than two per cent, at $430.84.
Palm drops the most in 10 days - Business Times - Malaysia
Business Times - Malaysia
December-delivery soybeans lost as much as 2.1 per cent to 34.08 cents a pound in after-hours trading on the metropolis Board of Trade, and is 1.7 per cent ...
and more »
VOLUME ALERT: Stec Inc. (STEC)
Stec Inc. (Nasdaq: STEC) shares are up about 12 percent to $13.95 on more than double the stock’s average volume by about 11:30 a.m. Eastern. the winkle module storage company subscribed a $120 million deal with one of its largest customers to supply solid-state drives in the second half of 2009. The company did not announce the customer name. Stec counts IBM and Hitachi among its largest customers.  – Mike Tarasla
Price/Volume Alert: Angiotech (ANPI, BSX)
Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI) has just exploded in trading volume and popped in price. Shares as of 12:55 PM EST have seen 1.065 million shares trade hands, and the gain in 17% at $1.68. Angiotech’s 52-week range is $0.10 to $3.00 and it trades an average of 2.5 million shares per day.
NEWS: While this was an expected an FDA approval, the company did announce that its corporate partner, Boston Scientific Corporation (NYSE: BSX), has received FDA approval to mart its TAXUS(R) Liberte(R) Long Paclitaxel-Eluting Coronary Stent System. This is the next-generation drug-eluting stent (DES) designed for long lesions that measures 38 mm and can potentially reduce the number of stents used in more Byzantine cases.
JON C. OGG
JULY 16, 2009 at 12:55 PM EST.
Exide posts Rs.122.4 cr net profit in Q1 - Gaea Times
Gaea Times
The results sent the Beijing-based company's American Depositary shares higher in after-hours trading. April 27th, 2009 sonicwall posts 1Q profit, ...
and more »
BEFORE THE BELL: US Stk Futures Turn Lower On CIT Group Worries - Wall Street Journal
Wall Street Journal
Shares lapse 3.4% to $22.34 in after-hours trading. Landstar System Inc.'s (LSTR) shares slid 3.4% to $33.20 after hours as its second-quarter results lapse ...
and more »
EARLY EARNINGS MOVERS TO WATCH (NOK, JPM, CTAS, XLNX, PLCM)
Following are the Top 5 stocks to watch this morning, following earnings reports:
Nokia (NYSE: NOK) shares are down 9% to $14.18 in early premarket trade. The company this morning met EPS expectations, but sales were lighter than consensus. The company expects industry mobile device shipments in Q3 to be at Q2 levels, or up slightly.
JP Morgan Chase & Co. (NYSE: JPM) are up roughly 1 percent to $36.55 on early premarket volume of about 55,000 shares. The company beat EPS expectations by 24 cents a share and reported what it titled a strong Tier 1 Capital ratio of 9.7%.
Cintas Corp. (Nasdaq: CTAS) shares fell 4.6% to $22.105 after hours. The company beat EPS expectations by a centime and share, and overall revenue was in line, although organic revenue retracted.
Xilinx Inc. (Nasdaq: XLNX) shares fell more than 5 percent to $19.46 after hours, after revenue fell nearly 5 percent vs. the year-ago period, and was short of analyst expectations. The company’s operative margins declined to 61 percent, and it guided operative expenses higher in the second half of the calendar year.
Polycom Inc. (Nasdaq: PLCM) shares rose more than 3 percent after hours to $22.50 after the company beat EPS expectations by a centime a share and said network systems solutions growth increased significantly, while its voice communications business showed signs of stabilization.
PREMARKET ALERT: Mosaic Co. (MOS)
Mosaic Co. (NYSE: MOS) shares are up roughly 12 percent to $50 on early premarket volume of about 20,000 shares. Speculation is rising that Vale SA (VALE) may make a $25 1000000000 bid for Mosaic, following a report in the publication Estado. Some another agriculture and fertilizer stocks are rising in premarket trading on the news, including Potash Corp. (NYSE: POT), up more than 3 percent to $91.14 on early volume of more than 6,000 shares. — Mike Tarsala
Bunkers resume upward movement - bunkerworld (subscription)
bunkerworld (subscription)
Crude lubricator prices for the September contract, meanwhile, were retreating in after-hours trading on Thursday. The August crude lubricator contract on the New York ...
and more »
PREMARKET ALERT: CIT Group (CIT)
CIT Group (CIT) shares are likely to see a volume spike Thursday after newspaper reports suggest that a government bailout might not be cards, and talks reportedly broke down. That said, its failure to bonded government funding is not expected to take down the market, as stocks in Europe are trading only modestly lower. The company on Wednesday night was working with existing debtholders to potentially line up more cash, in an effort to avoid possible bankruptcy. — Mike Tarsala
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 anorectic volume. The 122,000 shares compares to about 58,000 for a flooded 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 intensity was seen was on both May 6 and May 7, and late in Apr before that. -Jon Ogg
Posted 11:05 AM EST
BEFORE THE BELL: US Stk Futures Dn With JP Morgan, CIT In Focus - Wall Street Journal
Wall Street Journal
Shares fell 3.4% to $22.34 in after-hours trading. Xilinx's shares dropped 4.6% to $19.70 in late trading after the programmable-chip maker reported fiscal ...
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 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 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 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 most 58,000 for a full day on average. The near-19% gain to $3.95 gets it fireman 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 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 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 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 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 company raised counselling is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high end of its prior counselling 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 counselling 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 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 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 mind 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 April before that. -Jon Ogg
Posted 11:05 AM EST
Thursday Outlook: Higher and Higher - Seeking Alpha
Seeking Alpha
By this author: As was stated last night after Intel (INTC) reported earnings, stocks were taking off in after hours trading across the board. ...
Wednesday, July 15, 2009
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
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
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
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)
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
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
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
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
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
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
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
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)
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 »
Tuesday, July 14, 2009
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 haw be overdone. Citigroup upgraded shares of Blue Nile 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 cipher daily intensity as of 11:15 Eastern. The raise and pricing observation also haw be benefiting small-cap endeavor Fuqi, based in China. Its shares are up more than 7 percent to $16.86, already trading more than its cipher daily volume. — Mike Tarsala
Intel's strong numbers suggest PC business on mend - The Associated Press
The Associated Press
The Associated Press
The stock jumped 7 percent in after-hours trading. That's not to say that personal 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 toll 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 conception greater toll flexibility given that polished diamond prices are down 12 to 15 percent year-over-year. Shares are up 9 percent, trading at most 70 percent of average daily intensity 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
Intel Beats Forecasts, but Fine Pulls It into the Red - istockAnalyst.com (press release)
istockAnalyst.com (press release)
But investors were unbowed, snapping up Intel shares in after-hours trading following today's announcement and pushing the company's stock up more than 7 ...
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 toll 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 toll 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 cipher 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 percent to $16.86, already trading more than its cipher regular volume. — Mike Tarsala
'Fast Money' Recap: First Goldman, Now Intel - TheStreet.com
TheStreet.com
Melissa Lee, the moderator of CNBC's "Fast Money" TV show, said Intel(INTC Quote) was up more than 10 percent in after-hours trading on better-than-expected ...
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 polished diamond prices are down 12 to 15 proportionality year-over-year. Shares are up 9 percent, trading at about 70 proportionality of average daily volume as of 11:15 Eastern. The upgrade and pricing observation also may be benefiting small-cap play Fuqi, supported in China. Its shares are up more than 7 proportionality to $16.86, already trading more than its average daily volume. — Mike Tarsala
Intel CEO: Customers Showing Confidence In 2nd Half 09 Recovery - EasyBourse.com
EasyBourse.com
EasyBourse.com
Intel shares rose 7.5% to $18.09 in after-hours trading, marking the prototypal time the stock was above $18 since October. Spending on technology has slumped ...
Diamond plays see morning volume spike (NILE, FUQI)
Shares of jewelers Blue Nile Inc. (NILE) and Fuqi International Inc. (FUQI) materialize 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 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
Janus selling new stock, convertible debt - MarketWatch
MarketWatch
... amount of the firm's outstanding 2011, 2012 and 2017 senior notes in a tender offer. Janus shares fell 11% to $9.96 during after-hours trading on Tuesday.
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 toll declines on fears of slack demand for luxury items haw be overdone. Citigroup upgraded shares of Blue river to Buy from Hold, citing commonsensible earnings estimates, citing in part greater toll 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 haw 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
CORRECT:3rd UPDATE: Take-Two Cuts FY09 View On BioShock Delay - Wall Street Journal
Wall Street Journal
After resuming after-hours trading, Take-Two shares were down 11% at $8. The shares rest up about 40% in the past quaternary months but down more than ...
and more »
CORRECT:=3rd UPDATE: Take-Two Cuts FY09 View On bioshock Delay - Wall Street Journal
Wall Street Journal
After resuming after-hours trading, Take-Two shares were downbound 11% at $8. The shares remain up about 40% in the time four months but downbound more than ...
and more »
Why health care stocks are ones to watch early (HNT, AET, HUM, UNH)
Several health insurance provider shares could see volume spikes in Tuesday trading. A shift in healthcare service contracts for the U.S. expeditionary is shifting billions in potential revenue.
HealthNet Inc. (NYSE: HNT) shares fell most 15 percent after hours to less than $12 when the expeditionary replaced its services with Aetna Inc. (NYSE: AET) in a renewal of a contract for expeditionary personnel in the north. The renewal is worth most $16.7 billion for Aetna.Â
Humana Inc. (NYSE: HUM) shares fell most 4 percent after hours to $29.26. The expeditionary replaced its services with United Health Group Inc. (NYSE: UNH) in a contract renewal in the south, worth most $21.8 billion for UnitedHealth. — Mike Tarsala
PREMARKET ALERT: Noven Pharmaceuticals (NOVN)
Noven Pharmaceuticals Inc. (Nasdaq: NOVN) shares are up more than 20 percent to $16.50 in early premarket volume after it agreed to be bought by Hisamitsu Pharmaceutical for $428 million in cash or $16.50 per share. The deal was unanimously approved by the boards of both companies. Also, Noven announced what it called positive top-line results from its Phase 2 clinical think evaluating Mesafem for the treatment of vasomotor symptoms associated with menopause. — Mike Tarsala
BEFORE THE BELL: US Stk Futures Off Highs After Goldman Data - Wall Street Journal
Wall Street Journal
Shares fell 21% to $1.46 in after-hours trading. Bank of the chain Inc.'s (OZRK) second-quarter profit rose 10% on gains from the sales of investment ...
and more »
Munster: A guide to Apple's guidance - CNNMoney.com
CNNMoney.com
It’sa game the company plays every quarter, but the market never seems to learn; Apple’s shares usually take a hit in after-hours trading. ...
CIT in `Active' Talks for US Aid as Bonds Plummet Before Debt Maturity - Bloomberg
Bloomberg
The shares rose to $1.69 in after hours trading following a Wall Street Journal report that said US officials are “in advanced talks†about aid for CIT, ...
and more »
Monday, July 13, 2009
CIT in 'Active' Talks With Government for Aid as Bonds Tumble - Bloomberg
Bloomberg
The shares rose to $1.69 in after hours trading following a Wall Street Journal report that said US officials are “in advanced talks†about aid for CIT, ...
and more »
Dell says computer demand has stabilized - Austin American-Statesman
Austin American-Statesman
After the announcement, the stock declined an additional 47 cents to $12.55 a share in after-hours trading. Analyst Ashok Kumar with Collins Stewart said ...
and more »
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