The Associated Press
The Associated Press
The company's shares climbed 25 cents, or 2.3 percent, to $11.12 in after-hours trading. CEO Bobby Kotick said in an interview that he hasn't seen a change ...
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SIRIUS XM Radio Inc. (NASDAQ: SIRI) is trading higher after traders are taking a glass half-full approach this morning after it beat earnings estimates. We have a full summary on that over at 24/7 Wall Street. The indications are getting even higher than earlier as shares at 9:28 AM EST are up 10% at $0.6729 on about 4.5 million shares. This average volume of 47 million shares should get hit early today, particularly since CNBC’s David Faber is interviewing CEO Mel Karmazin and he is likely to appear on other media spots as well. The year high is $0.78 on SIRIUS XM stock.
JON C. OGG
US Dollar Bullish Index (NYSE: UUP) has gne very active…. It has traded 109,000 calls early on with huge buying at November $23, 96% bought offer side, and already nearly 10X average call volume. The action comes ahead of the FOMC decision which will be a USD moving event, and this action is looking for a USD rally from the comments, which would likely result in a market sell-off later today, something to be worried about, or at least hedged for, as the positions could easily be tied to other market bets, but the action is worth noting.
-JOE KUNKLE, OptionsHawk.com
American Capital, Ltd. (NASDAQ: ACAS) gained 18% to $3.20 in pre-market as one of the large percentage gainers. We have seen some 375,000 shares as of 8:46 AM EST and the average volume is 6.2 million shares. The news was that it lost -$0.13 in non-GAAP EPS and had a net income of $0.12 EPS. The company also reached an agreement with its lending committee to restructure its revolving line of credit facility. The company said the terms may allow it to restructure $2.4 billion in unsecured debt. This stock was up as much as 29% around the $3.50 mark earlier. -JON OGG