Wednesday, July 29, 2009

STOCKS NEWS US-AFTER THE BELL-Apple shares rise - Forbes


STOCKS NEWS US-AFTER THE BELL-Apple shares rise
Forbes
money below $12.50, he said. It can also attain money from a modest uprise in the occasions, the analysts said in a state on Tuesday. 1439 ET 21July2009 Lexmark ...

and more »

AFTER THE BELL-Yahoo, AMD shares slip - Forbes


AFTER THE BELL-Yahoo, AMD shares slip
Forbes
NEW YORK, July 21 (Reuters) - Shares of Yahoo dipped 2.3 proportionality while shares of Advanced Micro Devices Inc fell 9.8 proportionality after the closing bell on ...

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AFTER THE BELL-XL Capital shares gain - Forbes


AFTER THE BELL-XL Capital shares gain
Forbes
NEW YORK, July 28 (Reuters) - Shares of XL Capital Ltd , a large reinsurer, rose 3 percent after the bell on weekday after it reported a fall in quarterly ...


Yahoo! Options See Explosive Volume (YHOO)

As of NOON EST we have seen some very off state in the Yahoo! Inc. (NASDAQ: YHOO) stock options. We have seen more than the entire open interest of the AUG-$16 CALLS trade hands and it is only NOONEST. This is the state in the AUGUST-2009 CALLS:

Strike.. LAST…volume /Open Interest
$15.00.. $0.80..7,259… 29,464
$16.00.. $0.39..82,151.. 77,586
$17.00.. $0.17..28,327.. 43,205
$18.00.. $0.07..8,939… 42,432

This is more contract state in the $16 CALLS than in the entire PUT matrix…. We have only seen about 32,000 contracts for the entire AUGUST-2009 PUT options with strike prices from $10.00 to $22.00.

This could be some traders commerce their “calls” they owned in hopes of a deal, but much of the state looks like traders making more face bets. If these are face bets, these are so far heading the wrong direction.

Jon C. Ogg
July 29, 2009


Human Genome Sciences to raise $310M in stock offering - Bizjournals.com


Human Genome Sciences to raise $310M in stock offering
Bizjournals.com
Tuesday evening's programme of the stock offering price sent HGS shares dipping yet again, this time by 6 percent to $13.76, in after-hours trading. ...

and more »

VOLUME ALERT: Trimble Navigation (TRMB)

Trimble Navigation (Nasdaq: TRMB) shares are trading about 11 proportionality higher to $23.75 on more than 3 times normal volume as of 10:45 a.m. Wednesday. The company missed earnings and revenue expectations, but showed some signs that its engineering and construction business may be stabilizing, and also lost fewer mobile solutions subscribers. — Mike Tarsala


XL revenue slumps as book value rockets 26% - Royal Gazette


XL revenue slumps as book value rockets 26%
Royal Gazette
That news went down well with the markets, as XL's share price rose three percent in after-hours trading to $14, as of 5.47 pm Eastern time. ...

and more »

BEFORE THE BELL:US Futures Down Before Orders Data, Beige Book - Wall Street Journal


BEFORE THE BELL:US Futures Down Before Orders Data, Beige Book
Wall Street Journal
Shares surged 21% to $23.49 after hours, trading at levels not seen since November. Conseco Inc. projected it would swing to a second-quarter profit because ...

and more »

PREMARKET ALERT: Exelixis (EXEL)

Exelixis Inc. (Nasdaq: EXEL) shares are up more than 3 percent to $6.07 in premarket trading, onĂ‚  volume of about 34,000 shares as of 8:40 a.m. Eastern. There is no news discover on the company, and no known new reports from analysts. Motley Fool mentioned the company rather passively in a story about biotechs being taken out, saying that EXEL is one with “multiple shots on goal”. Of note, Exelixis has a partnership with Bristol-Myers (NYSE: BMY), which bought Medarex Inc. (Nasdaq: MEDX) for a premium last week. At the time, Bristol Myers said it still had the resources for additional deals. — Mike Tarsala


Microsoft, Yahoo link up in Internet search deal - USA Today


Microsoft, Yahoo unification up in Internet search deal
USA Today
The stock gained 22 cents to close Tuesday at $17.22, then climbed another 17 cents in after-hours trading. Despite spending billions to upgrade its search ...

and more »

The Times names executive vice president of business services - Los Angeles Times


The Times names chief vice president of playing services
Los Angeles Times
Jakks shares fell 84 cents, or more than 7%, to $10.86 in after-hours trading on the news. Western Digital Corp., a maker of hard-disk drives, ...


Elron shares rocket on new diabetes pump - Globes


Elron shares rocket on new diabetes pump
Globes
Ltd. (TASE:IDBH), chromatic 32.7% on Nasdaq yesterday to $4.63 and jumped another 107% in after-hours trading to $9.60. The share chromatic 35% in early trading on ...

and more »

Conseco Forecasts Q2 Profit In Line With Consensus - Update - RTT News


Conseco Forecasts Q2 Profit In Line With Consensus - Update
RTT News
Shares of the consort surged 23% in after-hours trading. The consort is slated to foretell its financial results for the second quarter on August 4. ...

and more »

Microsoft, Yahoo Reported To Strike Search Deal - MSN Malaysia News


Microsoft, Yahoo Reported To Strike Search Deal
MSN Malaysia News
In after-hours trading, shares of Yahoo rose 1.6% from Tuesday's close to $17.50; those of Microsoft were little changed at $23.45.

and more »

Tuesday, July 28, 2009

HGS to raise $310M in stock offering - Bizjournals.com


HGS to raise $310M in stock offering
Bizjournals.com
Tuesday evening's news of the stock offering price sent HGS shares dipping still again, this time by 6 percent to $13.76, in after-hours trading. ...

and more »

DreamWorks beats 2Q expectations; costs seen down - eTaiwan News


DreamWorks beats 2Q expectations; costs seen down
eTaiwan News
Its shares were up in after-hours trading. The company said the quarter was largely unvoluntary by domestic pay TV revenues for "Kung Fu Panda" and international ...

and more »

Ambac Ratings Cut Deep Into 'Junk' - Wall Street Journal


Ambac Ratings Cut Deep Into 'Junk'
Wall Street Journal
In after-hours trading, Ambac shares were down 3.6% at 80 cents. The shares have more than doubled since early March but they are still down more than 90% ...

and more »

Microsoft, Yahoo agree on ad partnership - source - Reuters


Microsoft, character agree on ad partnership - source
Reuters
Shares of character traded at $17.39 in after-hours trading after closing at $17.22, while shares of Microsoft rose to $23.51 in after-hours trading from their ...

and more »

Life Technologies Q2 Earnings Top Estimate - RTT News


RTT News

Life Technologies Q2 Earnings Top Estimate
RTT News
Life Technologies shares closed Tuesday's regular trading session at $42.91, downbound 9 cents but gained $2.61 or 6.08% in after hours trading. by RTT Staff ...

and more »

Weakness Hits All Microsoft's Businesses - CRN


Weakness Hits All Microsoft's Businesses
CRN
Investors weren't thrilled with another weak quarterly showing by Microsoft, sending shares down $1.81 to $23.75 in Thursday after-hours trading. ...

and more »

Exponential Volume Alert: USEC Inc. (USU)

USEC Inc. (NYSE: USU) is getting hammered on function volume after the US DOE declined its long-pending loan indorse application. Shares are down 45% at $3.40 at 9:44 AM EST and we have already seen over 8 million shares trade hands. Total average volume is only 2.6 million shares and the 52-week trading range is $2.58 to $7.24. -Jon Ogg

FULL DETAILS at 247WallSt.com


BEFORE THE BELL: US Stock Futures Continue Slide - Wall Street Journal


BEFORE THE BELL: US Stock Futures Continue Slide
Wall Street Journal
Shares rose 8.2% to $12.50 in after-hours trading. Fidelity National Financial Inc.'s (FNF) second-quarter profit surged on sharply higher premiums as the ...

and more »

Friday, July 24, 2009

Amazon reports profits fall - Ireland Online


Amazon reports profits fall
Ireland Online
The second quarter results disappointed analysts and caused shares in Amazon to fall nearly 7% in after-hours trading in New York. ...


After-Hours Price/Volume Winner: SunPower (SPWRA, SPWRB, FSLR, STP, ENER)

SunPower Corp. (NASDAQ: SPWRA) managed and upside surprise for the quarter and guided higher for the year. SPWRA has traded 833,000 shares after the close and is up nearly 18% at $29.25 as of 5:26 PM EST.Ă‚  The SPWRB shares are up nearly 19% at $25.60, but on volume of 122,000 since the close.Ă‚  SPWRA has an average of 4.6 million shares on most days and SPWRB trades only about 700,000 shares on average during normal days.

This was also strong enough to run another large solar stocks… First Solar (FSLR) closed up 4% at $157.78, and those shares are up 3.6% at $163.50.Ă‚  Suntech Power Holdings Co. Ltd. (STP) closed up nearly 6% at $18.93 and its after-hours trading is up 6% at $20.07.Ă‚  Energy Conversion Devices, Inc. (ENER) closed up nearly 4% at $13.48 and its after-hours trading is up 7% at $14.50.


UPS profit drops amid cutbacks in shipping - Augusta Chronicle


UPS profit drops amid cutbacks in shipping
Augusta Chronicle
Microsoft's revenue in the quarter was well short of analysts' expectations, and its shares skated down $2, or 7.8 percent, to $23.56 in after-hours trading ...

and more »

Thursday, July 23, 2009

Morning Reading - Marketplace


Morning Reading
Marketplace
That should certainly provoke a reaction (and, in fact, already has in after-hours trading). The CIT story continues to run. News today from the New royalty ...


Late-Day Volume Alert: Wynn Resorts (WYNN)

Wynn Resorts Ltd. (WYNN) got a bit of a pop here in volume over the last 15 minutes.Ă‚  We have seen almost a million shares in that time trade and as of 2:45 PM EST there was over 5.5 million shares listed as the volume of the day.Ă‚  When you consider its average volume is 3.8 million, that is an intra-day volume alert.Ă‚  The stock is now up 7.5% at $45.43 now.Ă‚  The culprit for the advise is a tout by Jim Cramer on STOP TRADING on CNBC.Ă‚  He said he hates to say it, but with the new Macau IPO it filed for that this should probably be a $70 stock rather than one its $40’s….. The 52-week range is $14.50 to $119.74. -JON C. OGG


EBay's Profits Drop 29 Percent Due To Slow Economy - RedOrbit


EBay's Profits Drop 29 Percent Due To Slow Economy
RedOrbit
... and its better-than-expected performance in the quarter drove its stock toll up more than four percent to $20.37 dollars in after-hours trading. ...

and more »

Amdocs revenue drops, but beats analyst estimates - Globes


Amdocs revenue drops, but beats analyst estimates
Globes
Shares in Amdocs rose 0.48% to $23.06 yesterday, giving a market cap of $4.7 billion.. In after-hours trading, the share rose 2.99% to $23.75.

and more »

Wednesday, July 22, 2009

Yahoo Shares Jump on Fresh Microsoft Talk - InformationWeek


Yahoo Shares Jump on Fresh Microsoft Talk
InformationWeek
Despite beating analysts' estimates, Yahoo shares fell 2.3% Tuesday in after hours trading after the company announced that operating income is likely to ...

and more »

PREMARKET ALERT: Novavax (NVAX)

Novavax Inc. (Nasdaq: NVAX) shares are up 2.5 proportionality to $3.27 on premarket volume of about 180,000 shares just after 9 a.m. Eastern. The company said it has selected a respiratory virus candidate for additional preclinical studies to support an investigational new drug application. The company says the selected vaccine has been shown to protect mice against RSV disease and can be produced at commercial manufacturing yields. — Mike Tarsala


Yahoo profit grows, but sales dip amid slowdown - Middle East North Africa Financial Network


Yahoo profit grows, but sales dip amid slowdown
Middle East North Africa Financial Network
Shares of Yahoo fell 4% to $16.08 in after hours trading, following the company's earnings announcement. Yahoo's earnings report comes amid renewed ...

and more »

Tuesday, July 21, 2009

Six Investment Topics for the Week Ahead - Seeking Alpha


Six Investment Topics for the Week Ahead
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.Ă‚  A large block of 2,000 bought at the offer is responsible for much of the action.Ă‚  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.Ă‚  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.Ă‚  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.Ă‚  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


CIT Group confirms $3 billion in rescue funding
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


BEFORE THE BELL: US Stk Futures Up As CIT Said To Get Rescue
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.Ă‚  This morning’s move is based upon the reports of a Microsoft search and advertising pact coming as soon as today.Ă‚  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.Ă‚  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.Ă‚  We have seen close to 200,000 shares trade hands.Ă‚  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


Asian Stocks Rise on Commodity Prices, US Housing; James Hardie ...
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


Red Hat joins the S&P 500
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


US-BUSINESS Summary
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.Ă‚  Shares have broken backwards above all major EMAs with potential status at $34.60, the 200 week EMA.Ă‚  Suncor is currently involved with a merger with Petro Canada, where Petro Canada shareholders receive 1.28 shares of Suncor per share held.Ă‚  The combined company will cut costs for Brobdingnagian oil sands projects and expects to be a longer term positive.Ă‚  Suncor earnings on July 23rd should provide more clarity on the merger proceedings and expected earnings impact.Ă‚  Regulatory approval is expected for Q3, but regardless of approval option traders are looking for an upside move in shares in the coming month.Ă‚  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


Tech beats finance: Red Hat joins the S&P 500
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.Ă‚  Shares have broken backwards above all major EMAs with potential status at $34.60, the 200 week EMA.Ă‚  Suncor is currently involved with a integration with Petro Canada, where Petro Canada shareholders receive 1.28 shares of Suncor per share held.Ă‚  The compounded company module cut costs for huge oil sands projects and expects to be a longer term positive.Ă‚  Suncor earnings on July 23rd should provide more clarity on the integration proceedings and expected earnings impact.Ă‚  Regulatory approval is expected for Q3, but regardless of approval option traders are looking for an upside move in shares in the coming month.Ă‚  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


Mark Cuban insider trading housing tangled out
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 Numbers Are In
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)

Ă‚ 

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


Stocks poised for lackluster open
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


BEFORE THE BELL: US Stk Futures Mixed Ahead Of Key Earnings
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


Callaway Golf indicates quarter earnings decline
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


Google slips, IBM gains in evening action
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


IBM sees profit rise12%, raises full-year outlook
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


Google's results show speed growth as online advertisers cut back
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


Google Q2 profit beats expectations
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


Callaway announces preliminary earnings for 2Q
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


Google earnings top expectations of analysts
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


Palm drops the most in 10 days
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.Ă‚ Ă‚ – Mike Tarasla


Price/Volume Alert: Angiotech (ANPI, BSX)

Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI) has just exploded in trading volume and popped in price.Ă‚  Shares as of 12:55 PM EST have seen 1.065 million shares trade hands, and the gain in 17% at $1.68.Ă‚  Angiotech’s 52-week range is $0.10 to $3.00 and it trades an average of 2.5 million shares per day.

NEWS:Ă‚  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.Ă‚  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


Exide posts Rs.122.4 cr net profit in Q1
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


BEFORE THE BELL: US Stk Futures Turn Lower On CIT Group Worries
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)


Bunkers resume upward movement
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) sharesĂ‚ are likely toĂ‚ 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.Ă‚  This small internet search player, which specializes in local search, is generally anorectic volume.Ă‚  The 122,000 shares compares to about 58,000 for a flooded day on average.Ă‚  The near-19% gain to $3.95 gets it closer to the crowning of the $1.02 to $4.30 52-week trading range.Ă‚  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


BEFORE THE BELL: US Stk Futures Dn With JP Morgan, CIT In Focus
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.Ă‚  This small internet search player, which specializes in local search, is generally thin volume.Ă‚  The 122,000 shares compares to about 58,000 for a full day on average.Ă‚  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.Ă‚  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.Ă‚  This small internet search player, which specializes in local search, is generally thin volume.Ă‚  The 122,000 shares compares to most 58,000 for a full day on average.Ă‚  The near-19% gain to $3.95 gets it fireman to the crowning of the $1.02 to $4.30 52-week trading range.Ă‚  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.Ă‚  This small internet search player, which specializes in local search, is generally thin volume.Ă‚  The 122,000 shares compares to about 58,000 for a full period on average.Ă‚  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.Ă‚  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.Ă‚  This small internet search player, which specializes in local search, is generally thin volume.Ă‚  The 122,000 shares compares to most 58,000 for a full day on average.Ă‚  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.Ă‚  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


Thursday Outlook: Higher and Higher
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. ...