Friday, October 9, 2009

Alcoa, Liz Claiborne, NCR, PepsiCo big movers - Financial News USA (press release)


Alcoa, Liz Claiborne, NCR, PepsiCo big movers
Financial News USA (press release)
Shares of Dana dropped a penny to $6.87 in after-hours trading. They rose 14 cents, or 2.1 percent, to close at $6.88 during the regular session. ...

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Traders Keep Nibbling on Sequenom (SQNM)

Sequenom Inc. (NASDAQ: SQNM) is surging higher again today.  At 10:35 AM EST we have not seen an exponential volume alert as the volume is now just over 7 million shares versus 9.4 million on average.  But the stock is up another 9.8% at $3.67.  This one has risen since meeting with the SEC and other regulatory and enforcement agencies.  Traders keep touting that there may be no intentional wrongdoing from management and the top brass that was recently canned, although it seems a bit premature to make any definite assumptions along that line.  Trust is just hard enough to come by, let alone in companies which have had issues such as this.  This is still very much an at-risk company, although making any predictions at this point would be based entirely upon incomplete data that still has many unknowns.  Stay tuned.   -JON OGG


Omeros Stock Sinks in Market Debut - American Chronicle


Omeros Stock Sinks in Market Debut
American Chronicle
The stock slipped a further 10 cents in after-hours trading. Omeros, the first Pacific Northwest-based company to go public in nearly two years, ...

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Chevron production rises, downstream flat - Reuters


Chevron production rises, downstream flat
Reuters
Chevron shares rose 0.8 percent to as high as $72 in after-hours trading Thursday, after closing 1.3 percent higher at $71.45, on a day when Conoco jumped ...

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AVANIR Surging on Data (AVNR)

AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) is surging on strong volume this morning.  The company announced additional detailed results from the confirmatory double-blind Phase III STAR trial evaluating two doses of the investigational drug Zenvia™ in the treatment of pseudobulbar affect among patients with underlying multiple sclerosis (MS) or amyotrophic lateral sclerosis (ALS). Zenvia met the primary efficacy endpoint by reducing PBA episode rates by an incremental 11.9% beyond placebo. The lower dose Zenvia group did not achieve a statistically significant reduction in PBA episode rates compared to placebo.  Where this ultimately trades is still up in the air, but shares at 8:43 AM EST have seen 385,000 shares trade and the last trade was up 13% at $2.60.  The average volume is 1.95 million shares and the 52-week trading range is $0.23 to $4.09. -JON OGG


BEFORE THE BELL: US Stk Futures Weaker On Bernanke Hike Pledge - Wall Street Journal


BEFORE THE BELL: US Stk Futures Weaker On Bernanke Hike Pledge
Wall Street Journal
Shares jumped 16% to $6.50 in after-hours trading. Regal-Beloit Corp. (RBC) raised its third-quarter earnings guidance despite holding its revenue view ...

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CAW To Resume Talks With Ford Motor On Oct. 26 - Update - RTT News


CAW To Resume Talks With Ford Motor On Oct. 26 - Update
RTT News
In after hours trading F declined $0.03 or 0.42% and traded at $7.15. MTLQQ.PK rose $0.08 or 14.92% and closed Thursday's regular trading at $0.67. by RTT ...

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Asian Stocks Advance as Chip Prices Rise; Utilities Decline - Bloomberg


Asian Stocks Advance as Chip Prices Rise; Utilities Decline
Bloomberg
Bullion lost 0.8 percent in after-hours trading today. A measure of six metals traded on the London Metal Exchange, including copper and zinc, ...

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Thursday, October 8, 2009

CAW To Resume Talks With Ford Motor On Oct. 26 - Update - RTT News


CAW To Resume Talks With Ford Motor On Oct. 26 - Update
RTT News
In after hours trading F declined $0.03 or 0.42% and traded at $7.15. MTLQQ.PK rose $0.08 or 14.92% and closed Thursday's regular trading at $0.67. by RTT ...

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Most Asian Stocks Gain as Chip Prices Rise; Utilities Decline - Bloomberg


Most Asian Stocks Gain as Chip Prices Rise; Utilities Decline
Bloomberg
Bullion lost 0.8 percent in after-hours trading today. Newcrest Mining Ltd., Australia's largest gold producer, gained 1.3 percent to A$35.62. ...

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US Justice Dept. continues probe of Monsanto - Reuters


US Justice Dept. continues probe of Monsanto
Reuters
Monsanto shares fell about 1 percent in after hours trading on the New York Stock Exchange to $74.17. St. Louis-based Monsanto, the world's largest seed ...

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Barnes & Noble To Sell Its Own E-book Reader, Report Says - RTT News


Barnes & Noble To Sell Its Own E-book Reader, Report Says
RTT News
Barnes & Noble shares closed Thursday's regular trading session at $21.13, down $2.76 or 11.55% but gained 2 cents in after hours trading. by RTT Staff ...

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eBay Options Trading Surge (EBAY)

eBay Inc. (EBAY) shares have hit 52-week highs today as a lawsuit against Skype is dropped and shares were upgraded at Kaufman to a Buy.  Shares are trading 15X forward earnings, and estimates seem too low for a company still seeing growth in core assets like Skype and PayPal, with the ability to spin off these assets as well.  Earnings are set for October 21st and November call action is exploding, as 17,677 November 426 calls and 25,087 November $27 calls trade against low open interest with shares at $25. A massive block of over 1.3 million shares traded around the same time so a large covered call position is responsible for much of the volume. The 200 week EMA at $27.50 is the next resistance area that coincides with the 38.2% Fib level.  Implied volatility is relatively cheap at 43% considering the 15% move after last quarter’s results.

-Joe Kunkle, OptionsHawk.com


Costco Entering Holiday Shopping Season in Strong Position - istockAnalyst.com (press release)


Costco Entering Holiday Shopping Season in Strong Position
istockAnalyst.com (press release)
Investors, who love a positive surprise, sent the stock price up $1.07 to $59 a share in regular trading, then another 10 cents in after-hours trading. ...

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Costco Entering Holiday Shopping Season in Strong Position - istockAnalyst.com (press release)


Costco Entering Holiday Shopping Season in Strong Position
istockAnalyst.com (press release)
Investors, who love a positive surprise, sent the stock price up $1.07 to $59 a share in regular trading, then another 10 cents in after-hours trading. ...

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Pre-Market Round-Up October 7, 2009 - Sumfolio.com


Pre-Market Round-Up October 7, 2009
Sumfolio.com
Acuity Brands, Inc. (AYI) â€" Shares of the light fixture manufacturer rose in after-hours trading yesterday after its earnings beat analyst estimates, ...

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Plug Power Surges on 3M Pact (PLUG, MMM)

Plug Power Inc. (NASDAQ: PLUG) has just seen a major volume spike with a move to the upside on a news headline.  A press release was issue that 3M (NYSE: 3M) and Plug Power entered into an exclusive commercial supply agreement for 3M membrane electrode assemblies to be used as a critical component in Plug Power’s GenSys proprietary proton exchange membrane reformate stacks. The continuous run GenSys(R) prime power fuel cell systems are being deployed into rural India and will replace diesel generators at remote telecommunication sites.

PLUG shares are now up 20% at $1.10 on over 2 million shares as of 10:17 AM EST.  The headline hit at 10:14 AM EST so this is a sudden burst move as the average daily volume here is only about 600,000 shares.  The 52-week trading range is $0.64 to $1.55 and the market cap is a mere $145 million.

JON C. OGG


Asian Stocks Up On Job News, Metal Earnings - AHN


Asian Stocks Up On Job News, Metal Earnings
AHN
Its shares increased nearly 6 percent in after-hours trading. In Tokyo, the Nikkei climbed for the third session, finishing up 0.34 percent to 9832.47. ...

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Morning Business Brief - KELOLAND TV


Morning Business Brief
KELOLAND TV
Shares of Alcoa rose in after-hours trading. The aluminum producing giant reported a profit in the latest quarter, helped by reduced costs. ...

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DryShips Cruises On (DRYS)

DryShips, Inc. (NASDAQ: DRYS) is seeing a surge in pre-market trading, although it may seem muted in comparison to the good old days when this would open up or down by more than 10% on what felt as though was almost every day.  This higher yesterday at $6.73 on the Baltic Dry index but then Alcoa is helping.  If metals fabrication is up, then hopefully mining is and therefore hopefully shipping is not very far behind.  At 8:49 AM EST we are seeing a 4.5% gain to $7.03 on over 500,000 shares.  DRYS trades 23 million shares a day and this oen is still way down from those old $100+ highs.   This appears to be the highest trading level since September 24 when it hit an intraday high of $7.08 and had seen highs of $7.30 and $7.28 in the two days before that.  -JON C. OGG


Barchart US Morning Call - Inside Futures


Barchart US Morning Call
Inside Futures
Alcoa (AA) jumped over 5% in after-hours trading and is now trading over 7% higher in Europe after the largest US aluminum producer reported an unexpected ...

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Thursday Outlook: Commodities, Global Markets - Seeking Alpha (blog)


Thursday Outlook: Commodities, Global Markets
Seeking Alpha (blog)
By this author: If after hours trading is any indication, then we should be heading much higher tomorrow. The bulls are taking over once again driving ...


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


Alcoa posts surprise Q3 profit of US$77M; forecasts higher global demand
Metro Canada - Ottawa
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, ...

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Alcoa delivers profit surprise - Financial Post


Alcoa delivers profit surprise
Financial Post
Shares in the Pittsburgh-based aluminum producer rose in after-hours trading yesterday as much as 5.1% to US$14.60, after closing at US$13.89. ...

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Wednesday, October 7, 2009

Zumiez Sept. sales comparison down less than 1 pct - CNBC


Zumiez Sept. sales comparison down less than 1 pct
CNBC
Zumiez shares closed earlier up 41 cents, or 2.6 percent, at $15.94 and jumped 40 cents in after-hours trading following the report.

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Xstrata May Increase Frieda River Copper Resources This Year - Bloomberg


Xstrata May Increase Frieda River Copper Resources This Year
Bloomberg
Copper for delivery in three months rose 0.9 percent to $2.8045 a pound in after-hours trading at 12:19 pm in Sydney on the Comex division of the New York ...


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", ...


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 ...

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'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. ...

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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 ...

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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 ...

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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, ...

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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. ...

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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 ...

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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. ...

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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 ...

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