Wednesday, October 7, 2009

'Fast Money' Recap: Scavenging for Underperformers - TheStreet.com


'Fast Money' Recap: Scavenging for Underperformers
TheStreet.com
Melissa Lee, the moderator of cnbc's "Fast Money" TV show, said that Alcoa (AA Quote) was up 6% in after-hours trading after it beat revenue and earnings ...

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Alcoa posts surprise Q3 profit of US$77M; forecasts higher global demand - CKFR


Alcoa posts surprise Q3 profit of US$77M; forecasts higher global demand
CKFR
Investors cheered the news, sending Alcoa's shares up 5.2 per cent in after-hours trading. Alcoa earned US$77 million, or eight cents per share, ...

and more »

Alcoa (AA) To Report After The Bell - Benzinga


Alcoa (AA) To Report After The Bell
Benzinga
Aluminum giant Alcoa (NYSE: AA) will report their earnings on Wednesday at 5 PM Eastern Time. The demand for aluminum has been slim last year and analysts ...

and more »

ScanSource Boosts 1Q Sales Guidance; Shares Jump >SCSC - Wall Street Journal


ScanSource Boosts 1Q Sales Guidance; Shares Jump >SCSC
Wall Street Journal
The announcement sent the company's shares up 7.3% to $31.70 in after-hours trading. The stock is up 28% in the past year. The distributor of security ...

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US close: Alcoa sets encouraging tone - ShareCast


US close: Alcoa sets encouraging tone
ShareCast
LONDON (SHARECAST) - US shares rallied near the close with after hours trading also getting a boost from aluminium giant Alcoa, which surprised the market ...

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Metals Spike After-Hours oN ALCOA (AA, CENX, STLD, TIE, AKS, X, CLF, MT)

Alcoa Inc. (NYSE: AA) has just posted a surprise profit after it was expected to lose money in the quarter.  Here are the full details, but we took a 4:20 PM EST snapshot and many metals companies are running up that are not just in the aluminum space:

Century Aluminum Company (NASDAQ: CENX) $9.65 close; $10.41 A-H; +7.88% on 139,411 shares

Steel Dynamics, Inc. (NASDAQ: STLD) $15.23 close; $15.45 A-H; +1.44% on 22,381 shares

Titanium Metals Corporation (NYSE: TIE)    $9.80 close; $10.10 A-H; +3.06% on 8,333 shares

AK Steel Holding Corporation (NYSE: AKS)  $18.88 close, $19.35 A-H, +2.49% on 42,645 shares

United States Steel Corporation (NYSE: X) $42.59 close; $43.60 A-H; +2.37% on 52,037 shares

Cliffs Natural Resources Inc. (NYSE: CLF) $33.21 Close; $33.99 A-H; +2.35% on 14,691 shares

ArcelorMittal (NYSE: MT) $36.37 close; $37.09 A-H; +1.98% on 4,390 shares

JON C. OGG
OCTOBER 7, 2009


Alcoa (AA) To Report After The Bell - Benzinga


Alcoa (AA) To Report After The Bell
Benzinga
Aluminum giant Alcoa (NYSE: AA) will report their earnings on Wednesday at 5 PM Eastern Time. The demand for aluminum has been slim last year and analysts ...

and more »

Stocks in the news: Amazon, Costco, Alcoa, AT&T - Daily Finance (blog)


Stocks in the news: Amazon, Costco, Alcoa, AT&T
Daily Finance (blog)
Shares of Yum rose nearly 2 percent in after-hours trading. The Louisville, Ky.-based company's restaurants include Taco Bell, KFC and Pizza. ...

and more »

Alcoa (AA) To Report After The Bell - Benzinga


Alcoa (AA) To Report After The Bell
Benzinga
Aluminum giant Alcoa (NYSE: AA) will report their earnings on Wednesday at 5 PM Eastern Time. The demand for aluminum has been slim last year and analysts ...

and more »

AngioDynamics looking good, despite dip - Glens Falls Post-Star


AngioDynamics looking good, despite dip
Glens Falls Post-Star
The company's stock fell 16 cents per share to close at $13.85 Tuesday, but recouped that loss and then some during after-hours trading. As of 6 pm Tuesday, ...

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SIRIUS XM Sees Increased Downward Trading Volume (SIRI)

Sirius XM Radio Inc. (NASDAQ: SIRI) is seeing some elevated trading and it looks like the average daily volume may be hit before the noon hour today.  As of 9:49 AM EST we have seen some 37 million shares trade hands and the drop is by 7% at $0.535.  Average volume is about 50 million shares and the recent highs were $0.78.  The WSJ called the stock ‘Not yet a Buy’ this morning.  And then there is word of all the insider selling taking place soon. JON OGG


Stocks in the news: Amazon, Costco, Alcoa, AT&T - Daily Finance (blog)


Stocks in the news: Amazon, Costco, Alcoa, AT&T
Daily Finance (blog)
Shares of Yum rose nearly 2 percent in after-hours trading. The Louisville, Ky.-based company's restaurants include Taco Bell, KFC and Pizza. ...

and more »

BEFORE THE BELL: US Stk Futures Higher; Gold Strong - Wall Street Journal


BEFORE THE BELL: US Stk Futures Higher; Gold Strong
Wall Street Journal
Shares dropped 9.2% to $12.06 in after-hours trading. Yum Brands Inc.'s (YUM) fiscal third-quarter earnings rose 18% as lower costs helped the restaurateur ...

and more »

Wall Street readies for third straight day of gains - Daily Finance (blog)


Wall Street readies for third straight day of gains
Daily Finance (blog)
Shares of Yum rose nearly 2 percent in after-hours trading. Other stocks to watch Wednesday include Amazon.com (AMZN), which announced it's cutting the ...

and more »

Repros Blows Thru The Roof (RPRX)

Repros Therapeutics Inc. (NASDAQ: RPRX) has more than doubled this morning on the heels of yesterday;s report that Androxal® restores normal sperm counts while increasing testosterone levels in hypogonadal men.  In short, this is being treated by traders as a potential fertilization clinic killer when it comes to the issue being on the men.  At 8:52 AM EST we have seen some 2.2 millioin shares trade hands with the stock up over 150%.  The shares are around $2.40 and the close yesterday was $0.89.  Average volume is only 1.4 million shares and the 52-week range is $0.65 to $13.94.  JON OGG


Local Digest: BearingPoint Updates Reorganization Plan - Washington Post


Local Digest: BearingPoint Updates Reorganization Plan
Washington Post
LaSalle shares closed up 99 cents, or 5.4 percent, at $19.50 in Tuesday trading, and gained another 6 cents in after-hours trading following the personnel ...


Oregon's Merix merging with circuit-board maker Viasystems - Hillsboro Argus - OregonLive.com


Hillsboro Argus - OregonLive.com

Oregon's Merix merging with circuit-board maker Viasystems
Hillsboro Argus - OregonLive.com
It dropped 24 cents in after-hours trading following the merger announcement. Viasystems' circuit-boards can be found in vehicle dash panels and controls, ...

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Tuesday, October 6, 2009

Oregon's Merix merging with circuit-board maker Viasystems - Hillsboro Argus - OregonLive.com


Hillsboro Argus - OregonLive.com

Oregon's Merix merging with circuit-board maker Viasystems
Hillsboro Argus - OregonLive.com
It dropped 24 cents in after-hours trading following the merger announcement. Viasystems' circuit-boards can be found in vehicle dash panels and controls, ...

and more »

Avis Budget to offer $250M in convertible notes - Forbes


Avis Budget to offer $250M in convertible notes
Forbes
Avis Budget shares fell $1.21, or 9.1 percent, to $12.07 in after-hours trading following the announcement about the offering. In the regular session, ...

and more »

Sunoco idling Eagle Point refinery, cuts dividend - Reuters


Sunoco idling Eagle Point refinery, cuts dividend
Reuters
Sunoco's announcement sent the company's shares on the New York Stock Exchange down nearly 3 percent to $27.10 in after-hours trading. ...

and more »

Alcoa Sees Elevated Options Trading Before Earnings (AA)

Alcoa, Inc. (NYSE: AA) is trading up 4% at $13.97 today ahead of tomorrow’s earnings.  At 3:20 PM EST we have seen some 34 million shares trade hands, which is only an average day’s trading volume.  But we are seeing elevated call option trading ahead of tomorrow’s earnings report.  Here is the volume and open interest data for the selected OCT-2009 CALL and PUT strike prices:

CALLS    Volume    OpInt.
$14.00    28,328    56,582
15.00    10,049    55,084
16.00    12,852    6,745

PUT$    Volume    OpInt.
$12.50    12,469    25,712
$14.00    6,782    18,141

It is assumed that the bets are that the company is finally on the path to resuming earnings, and the notion that gold is soaring has put a bid in under the rest of the major metals companies.

JON C. OGG


CORRECT(10/5):=YRC Worldwide Names Tim Wicks Oper Chief In Mgmt ... - Wall Street Journal


CORRECT(10/5):=YRC Worldwide Names Tim Wicks Oper Chief In Mgmt ...
Wall Street Journal
YRC's shares were up 0.5% to $4.11 in after-hours trading. The stock is far off the all-time high of nearly $65 in 2005, but has improved in recent months ...

and more »

Convergys Corporation announces determination of the initial conversion terms ... - Call Centre Clinic News (press release)


Convergys Corporation announces determination of the initial conversion terms ...
Call Centre Clinic News (press release)
The "daily VWAP" has been determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours. ...

and more »

CORRECT(10/5):YRC Worldwide Names Tim Wicks Operating Chief In Management ... - EasyBourse.com


CORRECT(10/5):YRC Worldwide Names Tim Wicks Operating Chief In Management ...
EasyBourse.com
YRC's shares were up 0.5% to $4.11 in after-hours trading. The stock is far off the all-time high of nearly $65 in 2005, but has improved in recent months ...

and more »

AFTER THE BELL-Amicus plunges after Plicera misses endpoint - Interactive Investor


AFTER THE BELL-Amicus plunges after Plicera misses endpoint
Interactive Investor
(Reporting by Chuck Mikolajczak) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", ...


Convergys Corporation announces determination of the initial conversion terms ... - Call Centre Clinic News (press release)


Convergys Corporation announces determination of the initial conversion terms ...
Call Centre Clinic News (press release)
The "daily VWAP" has been determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours. ...

and more »

Lithia offering stock shares - Mail Tribune


Lithia offering stock shares
Mail Tribune
But in after-hours trading, shares tumbled 6.2 percent to $12.92. Overall, the share price has risen more than four-fold in the past year. ...

and more »

Stocks Bounced Back. But Not All The Way, Says Dr. Joe Duarte - Trading Markets (press release)


Stocks Bounced Back. But Not All The Way, Says Dr. Joe Duarte
Trading Markets (press release)
He is the author of: Futures And Options For Dummies, Successful Energy Sector Investing, Successful Biotech Investing and co-author of After-Hours Trading ...


Monday, October 5, 2009

NutriSystem signs Wal-Mart Deal - thestockmasters


NutriSystem signs Wal-Mart Deal
thestockmasters
It's a big day for NutriSystem Inc. (Public, NASDAQ:NTRI) shareholders, as shares are up nearly 25% in after hours trading. This comes after an announcement ...

and more »

Park Nicollet names David Abelson CEO - Minneapolis Star Tribune


Park Nicollet names David Abelson CEO
Minneapolis Star Tribune
After the news, American Medical's shares jumped 3.4 percent to $16.85 in after-hours trading. "We are pleased with the outcome of this transaction, ...

and more »

Nutrisystem To Offer Weight-Loss Program At Wal-Mart >NTRI - Wall Street Journal


Nutrisystem To Offer Weight-Loss Program At Wal-Mart >NTRI
Wall Street Journal
Shares jumped 17% to $17.55 in after-hours trading. The stock has lost 15% of its value in the past year. "Wal-Mart provides us with a new and valuable ...

and more »

GlaxoSmithKline Gets FDA Panel Recommendation For Kidney Cancer ... - RTT News


GlaxoSmithKline Gets FDA Panel Recommendation For Kidney Cancer ...
RTT News
... a volume of 0.985 million shares on the NYSE, and in the after hours trading the stock price increased to $39.10 up $0.24 or 0.62%. by RTT Staff Writer.

and more »

Nutrisystem Surges on Wal-Mart Pact (NTRI, WMT)

NutriSystem Inc. (NASDAQ: NTRI) is surging on word that it scored an introductory 14-day pact with Wal-Mart Stores Inc. (NYSE: WMT) at retail and locations and the walmart.com site.  Full details are at 24/7 Wall Street but the stock closed at    $15.05 today.  As of 5:11 PM EST we have shares up almost 15% at $17.30 on over 150,000 shares in the after-hours session.  Average daily volume is only 352,000 shares and the 52-week high is $18.30. -JON OGG


Goldman Sachs In Talks With CIT On $3B Loan - Wall Street Journal


Goldman Sachs In Talks With CIT On $3B Loan
Wall Street Journal
... Stock Exchange but were up to $1.13 in recent late trading. Goldman's stock closed up $6.86, or 3.8%, at $186.47 and are unchanged in after-hours trading.

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American Medical Sells Assets To Conceptus For $23.6M - Wall Street Journal


American Medical Sells Assets To Conceptus For $23.6M
Wall Street Journal
Following the news, American Medical's shares were flat at $16.29 in after-hours trading. Conceptus' stock was down 5 cents at $17.37. ...

and more »

Capital One & Fifth Third Rise On Opposite Calls (COF, FITB)

Capital One Financial Corp. (NYSE: COF) was raised to the Conviction Buy List at Goldman Sachs.  This replaces Fifth Third Bancorp. (NASDAQ: FITB), although FITB was maintained as a BUY rating as well.  Interestingly, both shares are higher.  Capital One is up 4% at $34.52 on 66,000 shares at 9:00 AM EST, while Fifth Third is up 1.6% at $9.51 on about 25,000 shares.  It is very rare for a stock getting booted off that Conviction Buy List to rise, even if the underlying sentiment and call remains positive on the replaced stock.  Watch for volume to rise sharply in these as the specialist opens more and more shares up for trading closer to the 9:30 AM EST Opening bell.  JON OGG


BEFORE THE BELL -2: US HOT STOCKS TO WATCH - Wall Street Journal


BEFORE THE BELL -2: US HOT STOCKS TO WATCH
Wall Street Journal
Shares tumbled 25% to $6.38 in after-hours trading. sciclone Pharma has stopped a Phase II trial of a potential treatment of late-stage pancreatic cancer ...

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Convergys Corporation Announces Determination of the Initial ... - Business Wire (press release)


Business Wire (press release)

Convergys Corporation Announces Determination of the Initial ...
Business Wire (press release)
The "daily VWAP" has been determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours. ...

and more »

Convergys Corporation Announces Determination of the Initial ... - Centre Daily Times


Convergys Corporation Announces Determination of the Initial ...
Centre Daily Times
The "daily VWAP" has been determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours. ...

and more »

BEFORE THE BELL -2: US HOT STOCKS TO WATCH - Wall Street Journal


BEFORE THE BELL -2: US HOT STOCKS TO WATCH
Wall Street Journal
Shares tumbled 25% to $6.38 in after-hours trading. sciclone Pharma has stopped a Phase II trial of a potential treatment of late-stage pancreatic cancer ...

and more »

Wells Fargo Loving Goldman Sachs (WFC)

Wells Fargo & Co. (NYSE: WFC) is surging this morning considering that it is a super-regional bank without a news release of its own.  Its shares are up 4% at $27.35 but only on about 350,000 shares as of 8:54 AM EST.  This was raised at Goldman Sachs to BUY and that appears to be exactly what traders are doing.  Interestngly enough, this stock has petered out when it gets north of $28.00 and we could not help but noticing in this weekend’s unusual suspects that traders were buying downside protection via put options ahead of earnings season. With an average volume of over 50 million shares, you can count on the trading volume to pick up drastically after the specialist-led NYSE stock gets closer and closer to the 9:30 AM EST opening bell. -JON OGG


GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

Sunday, October 4, 2009

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

Amicus To Challenge 52-Week Lows on Monday (FOLD)

Amicus Therapeutics, Inc. (NASDAQ: FOLD) is going to be a top stock to watch Monday morning.  This one lost 24.7% of its value down to $6.40 on Friday evening after the close and traded some 59,900 shares in the after-hours session.  The Phase II results in its Plicera(TM) type 1 Gaucher disease treatment showed that clinically meaningful improvements in key measures of this disease were seen in only 1 of 18 patients who completed the study, while 1 additional subject discontinued treatment because of an adverse event.  Needless to say, the data is very far short of what the company was hoping for and Amicus does not expect to advance Plicera into Phase III studies.  The company is of course changing its 2009 guidance and, based on its current projections of net operating expense, Amicus now expects to end 2009 with approximately $70 to $80 million in cash.

For a reference on this, Amicus has a 52-week trading range of $6.26 to $15.26 and trades only about 35,000 shares per day.  Its market cap before the 24.7% drop was listed as $192.4 million.  It is impossible to know on Sunday morning if the stock will break those 52-week lows or not, but there were trades that went out under $6.00 and some even under $5.00 in the after-hours session before the stock settled in.  We do not count the after-hours sessions in measuring 52-week highs and lows, but by some counts this one has already busted through its 52-week lows.

We do not see any stock options available in this name, although the stock has performed atrociously over the last two weeks.  Its most recent short interest was also listed as over 1.4 million shares or about 61 days to cover, so this will be very active on Monday despite and average volume this low.

JON C. OGG


GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

AFTER THE BELL-Sequenom plunges after investigation; CEO ousted - Reuters UK


AFTER THE BELL-Sequenom plunges after investigation; CEO ousted
Reuters UK
NEW YORK, Sept 28 (Reuters) - Sequenom Inc (SQNM.O) shares plunged 47 percent to $3 in extended trade on Monday after the company said an independent ...

and more »

AFTER THE BELL-Penske ends Saturn buy talks; shares drop - Interactive Investor


AFTER THE BELL-Penske ends Saturn buy talks; shares drop
Interactive Investor
(Reporting by Chuck Mikolajczak) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", ...


GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »

Saturday, October 3, 2009

GE To Integrate Healthcare Units In India With Wipro JV - RTT News


GE To Integrate Healthcare Units In India With Wipro JV
RTT News
In the after-hours trading, the shares grew 0.59% and traded at $15.45. WIT closed at $17.80, up $0.17. by RTT Staff Writer.

and more »