Thursday, November 19, 2009

Vivus says erectile dysfunction trial meets goals - Alibaba News Channel


Vivus says erectile dysfunction trial meets goals
Alibaba News Channel
Vivus said late on Tuesday that it would announce the avanafil data on Wednesday morning, and shares rose further in after hours trading. ...

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Wednesday, November 18, 2009

Netease.com Posts Lackluster Internet Results For A Difficult Quarter In China - ChinaTechNews.com


Netease.com Posts Lackluster Internet Results For A Difficult Quarter In China
ChinaTechNews.com
Yet these results have failed to impress investors, who have caused the company's stock to tumble in after-hours trading. The share price ended at USD37.10, ...

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


NetEase.com Q3 Profit Up Yet Miss Estimates - Update - RTT News


RTT News

NetEase.com Q3 Profit Up Yet Miss Estimates - Update
RTT News
Following the announcement of results, NetEase shares fell more than 8% in after hours trading. The Beijing, China-based company's third quarter net profit ...

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


NEWS | SAN DIEGO Jack in the Box 4Q profit up but outlook weak - San Diego Daily Transcript (subscription)


NEWS | SAN DIEGO Jack in the Box 4Q profit up but outlook weak
San Diego Daily Transcript (subscription)
However, a weak forecast for fiscal 2010 sent shares tumbling 6 percent in after-hours trading. Comments are moderated by SDDT, in accordance with the SDDT ...

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NetEase 3Q Results Miss Estimates, Shares Fall - ABC News


NetEase 3Q Results Miss Estimates, Shares Fall
ABC News
... results fell below analyst expectations, sending NetEase's American Depositary Shares tumbling $3.69, or 9.1 percent, to $37.10 in after-hours trading. ...

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Marvell Names New Board Member - ABC News


Marvell Names New Board Member
ABC News
He is the vice chairman of Give2Asia. Marvell shares rose 33 cents in after-hours trading, after finishing regular trading down 33 cents at $16.09.

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AFTER THE BELL-Hot Topic, NetApp fall - Forbes


AFTER THE BELL-Hot Topic, NetApp fall
Forbes
NEW YORK, Nov 18 (Reuters) - Shares of Hot Topic fell 6 percent after the close on Wednesday after it reported results, while shares of NetApp declined 1.8 ...


Merger Rumors & Chatter Drives Options (BG, MON, NWS, MWW, NUE, SCHN, CL, AMTD, ETFC)

Originally submitted at 2:00 PM EST…. Despite the markets trading a bit lower today there was a lot of call activity today based on takeover chatter in various sectors, as the bullish move in the markets coupled with a budding M&A market have speculators active.  Early morning action was in Bunge (NYSE: BG), with Monsanto (NYSE: MON) rumored to be offering a $75 price tag, and 24,000 calls traded, a lot of new opening buyers with 50% of the action offer side, with the large players buying the out of the money January $70 calls in size.

Then a rumor that News Corp (NYSE: NWS) is looking to takeout Monster Worldwide (NYSE: MWW) at $23.50 per share hit, and today 43,800 calls have traded, 52% offer side buys with 100+ lots of November and December $15 calls being bought, 22X average call volume.

A rumor that Nucor Corporation (NYSE: NUE) has a $60 offer for Schnitzer Steel (NASDAQ: SCHN) never really gained any traction.  Riverbed Technology (NASDAQ: RVBD)  was also back in the M&A chatter as 9,700 calls traded, half the action offer side, with buyers in December $22.50 calls.

The most explosive action came late in the day as Colgate (NYSE: CL) shares spiked 4% higher and IV jumped 56% as a UK newspaper mentioned that a merger with Reckitt may be close.  37,500 calls traded with 57% offer side, also seeing some sizable chunks of November $85/$90 calls and December $85/$90 calls being bought in strength.

Later in the day came wod that Ameritrade (NASDAQ: AMTD) might be looking to buy E*TRADE Financial (NASDAQ: ETFC) also began to hit trading floors and call action jumped…. at least for a sub-$2.00 stock.

JOE KUNKLE, OptionsHawk.com

NOVEMBER 17, 2009


PPD buying BioDuro in China expansion - The Associated Press


PPD buying BioDuro in China expansion
The Associated Press
Shares of PPD fell 6 cents to $20.98 in after-hours trading after falling 17 cents to close at $21.04 during the regular trading session.

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Vivus says erectile dysfunction trial meets goals - Forbes


Vivus says erectile dysfunction trial meets goals
Forbes
Vivus said late on Tuesday that it would announce the avanafil data on Wednesday morning, and shares rose further in after hours trading. ...

and more »

BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await - Wall Street Journal


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await
Wall Street Journal
Shares dropped 7.4% to $38.05 in after-hours trading although the online-business software maker's results topped its and Wall Street's expectations. ...

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A Computer in Your Pocket - The Nokia N900 is Here! - Financial News USA (press release)


A Computer in Your Pocket - The Nokia N900 is Here!
Financial News USA (press release)
The news sent shares up by 14% in after-hours trading as investors welcomed the additional cash. LDK chairman and CEO Xiaofeng Peng said the deal will, ...

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Poniard Recovering Again (PARD)

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) recovered off lows big-time yesterday after the company announced an updated positive clinical data from its Phase 2 trial of Picoplatin in colorectal cancer and new Phase 1 cardiac safety trial results.  Shares are continuing the recover this morning with a 10.9% gain to $2.71 on over 425,000 shares as of 8:26 AM EST.  This is on the heels of a huge drop from $7.58 on Friday to $1.83 on Monday after a failure of a picoplatin study in lung cancer trials.

JON C. OGG


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await - Wall Street Journal


BEFORE THE BELL: US Futures Steady As Housing, CPI Data Await
Wall Street Journal
Shares dropped 7.4% to $38.05 in after-hours trading although the online-business software maker's results topped its and Wall Street's expectations. ...

and more »

La-Z-Boy Sees Profitable 2Q - FOXBusiness


La-Z-Boy Sees Profitable 2Q
FOXBusiness
Shares of La-Z-Boy rose 12 cents or 1.67% in after-hours trading, Tuesday, after falling 20 cent or 2.71% during the session to close at $7.18 a share.

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Standard Parking closes 6.6M offering - November 18 - KMPH Fox 26


Standard Parking closes 6.6M offering - November 18
KMPH Fox 26
... 30-day option to buy an additional 988936 shares. Standard Parking fell 15 cents to $15.91 in after-hours trading, after adding 28 cents to close at $16.06.

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Tuesday, November 17, 2009

La-Z-Boy Sees Profitable 2Q - FOXBusiness


La-Z-Boy Sees Profitable 2Q
FOXBusiness
Shares of La-Z-Boy rose 12 cents or 1.67% in after-hours trading, Tuesday, after falling 20 cent or 2.71% during the session to close at $7.18 a share.

and more »

Salesforce.com Boosts Outlook, 3Q Results In-line With Estimates - FOXBusiness


Salesforce.com Boosts Outlook, 3Q Results In-line With Estimates
FOXBusiness
Shares of Salesforce.com fell $2.60 a share or 3.96% in after-hours trading, after falling $1.24 or 1.85% to close Tuesday's session at $65.61 a share.

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After-Hours Silver Lining for Sunpower? - TheStreet.com


After-Hours Silver Lining for Sunpower?
TheStreet.com
(thestreet) -- sunpower(SPWRA Quote) shares were up slightly in after-hours trading on Tuesday, which could be a silver lining on what had been a very ...

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Concur posts higher 4Q profit, revenue - The Associated Press


Concur posts higher 4Q profit, revenue
The Associated Press
... 18 cents per share on sales of $67 million. Shares fell $3.03, or 7.4 percent, to $38.05 in after-hours trading. The stock had closed up 16 cents at $41.08.

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Autodesk Q3 Earnings Fall Yet Top Estimate; Guides Q4 EPS Below Consensus - RTT News


Autodesk Q3 Earnings Fall Yet Top Estimate; Guides Q4 EPS Below Consensus
RTT News
... the company forecast fourth quarter earnings below analysts' current consensus estimate, sending its shares down by more than 9% in after hours trading. ...


Emergency Medical Services To Sell 6 Million Shares >EMS - Wall Street Journal


Emergency Medical Services To Sell 6 Million Shares >EMS
Wall Street Journal
Shares fell 5.1% to $49.06 in after-hours trading. The stock has gained about 40% in the past year. The provider of emergency medical services didn't ...

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Teekay LNG prices offering at $24.40 per unit - The Associated Press


Teekay LNG prices offering at $24.40 per unit
The Associated Press
The stock sank about 5 percent in after-hours trading, before the offer's pricing was announced Tuesday. At midday Tuesday, the stock was trading at $24.31. ...

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The Dollar Meltdown: The New Greek Tragedy? - CNBC


The Dollar Meltdown: The New Greek Tragedy?
CNBC
... in gold prices to confirm the coming currency crisis, there is was Monday with gold at $1140 (and even a few dollars higher in after- hours trading). ...

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The Black & Decker Corporation board under investigation - PR-Inside.com (Pressemitteilung)


The Black & Decker Corporation board under investigation
PR-Inside.com (Pressemitteilung)
... NYSE:BDK) traded on the day before the announcement at $47.34 per share and inclined on the news in after hours trading to $58.55 per share. ...


Sina's Profit Falls 11%, but Outlook Bright - Wall Street Journal


Sina's Profit Falls 11%, but Outlook Bright
Wall Street Journal
Shares of Nasdaq-listed Sina, which reported results after the close of regular US trading, rose 4.8% to $44.97 in after-hours trading. ...

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SunPower Put in the Shade (SPWRA, SPWRB)

SunPower Corporation (NASDAQ: SPWRA) (NASDAQ: SPWRB) is taking it on the chin.  We have seen at least two analyst downgrades after last night’s disclosure that it was “reviewing unsubstantiated accounting entries.”  In short, accounting irregularities may be there.  No one wants to see this in a stock, particularly in a battered solar stock.  At 8:44 AM EST we have seen some 485,000 shares trade hands versus an average volume of 2 million shares per day and the stock is down over 14% to $27.23.

The B shares are “SPWRB” are down 12.5% at $20.90, but those shares trade less than 500K per day.

JON OGG


BEFORE THE BELL: US Stock Futures Weaken With Housing In Focus - Wall Street Journal


BEFORE THE BELL: US Stock Futures Weaken With Housing In Focus
Wall Street Journal
Shares fell 7.5% to $3.97 in after-hours trading as the pharmaceutical company's results missed Wall Street estimates. SVB Financial Group (SIVB) plans to ...

and more »

Sina's Profit Falls 11%, but Outlook Bright - Wall Street Journal


Sina's Profit Falls 11%, but Outlook Bright
Wall Street Journal
Shares of Nasdaq-listed Sina, which reported results after the close of regular US trading, rose 4.8% to $44.97 in after-hours trading. ...

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Monday, November 16, 2009

UPDATE 3-SunPower probing accounting errors, stock drops - Reuters


UPDATE 3-SunPower probing accounting errors, stock drops
Reuters
Shares of the San Jose, California-based company fell as much as 8.2 percent in after-hours trading, and were last changing hands at $25.52, ...

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NeurogesX wins FDA approval of pain patch - Bizjournals.com


NeurogesX wins FDA approval of pain patch
Bizjournals.com
NeurogesX stock, which closed the normal trading day down 4 cents to $8.24 per share, rose 86 cents in after-hours trading. The Qutenza patch provides up to ...

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FDA Finds Deficiencies at Genzyme's Lumizyme Plant - FOXBusiness


FDA Finds Deficiencies at Genzyme's Lumizyme Plant
FOXBusiness
Shares of the company rose 21 cents in Monday's session, closing at $49.49 a share. The stock was down a penny in after-hours trading.

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SunPower probes 3 quarters of possible accounting errors - Recharge


Recharge

SunPower probes 3 quarters of possible accounting errors
Recharge
The news sent the company's stock down more than eight percent in after-hours trading although it recovered to $25.90 a share, down $1.33, or 4.9%. ...

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AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


AFTER THE BELL-Longtop jumps after results, outlook - Interactive Investor


AFTER THE BELL-Longtop jumps after results, outlook
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...

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American Oriental Bioengineering 3Q profit falls - The Associated Press


American Oriental Bioengineering 3Q profit falls
The Associated Press
Shares of American Oriental Bioengineering fell 39 cents, or 9 percent, to $3.90 in after-hours trading after gaining 20 cents, or 4.9 percent, ...

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Smith International Inc. To Raise $800 million In Equity - TransWorldNews (press release)


Smith International Inc. To Raise $800 million In Equity
TransWorldNews (press release)
Smith handed back the day's 4.5 percent gain in after-hours trading today, dropping 5.1 percent to $29.19. This values the 28 million shares now on offer at ...

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AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


CommVault Stock & Options Alert (CVLT)

CommVault Systems, Inc. (NASDAQ: CVLT) has been trading higher all day on the Goldman Sachs analyst upgrade to ‘Buy’ this morning.   The gains are large and we are seeing some options trading as a result.  The actual share volume is active considering this company itself, but is still far short of what we would call extremely active in buyout speculation trading.

Joe Kunkle over at OptionsHawk.com this morning noted that calls are trading 5,068 versus average volume of 774 already today with implied volatility increasing 11.7% to 48%, and with shares at just $22.70 there are buyers at the offer of December $25 and $30 calls.  My best explanation for this is that with NetApp (NTAP) reporting earnings on 11/18/09 after the close we could see our next big Tech M&A deal with CommVault (CVLT), a small niche player with huge growth potential, the Company NetApp could acquire.  There is also some bullish action in NetApp with a buyer of 2,000 November $32 calls earlier this morning, so this action adds up to a potential deal on the horizon.

Anything is possible in technology M&A and the company is in data and information management software applications and related services.  It is in the sweet spot of the sector.  But insiders also sold over $1 million worth of stock last week as a sale window opened up.  While Dell Inc. (NASDAQ: DELL) and NetApp, Inc. (NASDAQ: NTAP) we have also heard of other likely suitors that are possible but were not rumor-mill buyers.

At 12:40 PM EST we have shares up 5.7% at $22.54 on over 386,000 shares.  Average volume is only 342,000 shares, so any interest here is probably something all relative.  This $22.92 intraday high was also a new 52-week high.
JON C. OGG


CME Group, KRX Announce After-hours Access to KOSPI 200 Futures on CME Globex - PR Newswire (press release)


CME Group, KRX Announce After-hours Access to KOSPI 200 Futures on CME Globex
PR Newswire (press release)
"The launch of after-hours trading for KOSPI 200 Futures on CME Globex is a significant achievement, and we are proud to partner with KRX to deliver this ...

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AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


Sprinting Sprint Nextel (S)

Sprint Nextel Corp. (NYSE: S) appears to be one the largest S&P gainers this morning.  The only news was the repayment of a $1 billion loan, but real news out today causing the run-up is the Oppenheimer upgrade to OUTPERFORM from Neutral.  The price target was also raised to $6.00 from a prior $4.00 price target.  At 9:46 AM EST we have shares trading up almost 11% at $3.44 on 15.5 million shares.  Average daily volume is 55 million shares and the 52-week trading range is $1.35 to $5.94. We would also note that this is already seeing options activity picking up this morning in the longer-dated expiration months.

JON C. OGG


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


BEFORE THE BELL: HOT STOCKS TO WATCH
Wall Street Journal
Shares slipped 0.5% to $49.92 in after-hours trading. General Motors Co., Lowe's Cos. (LOW) and ReneSola Ltd. (SOL) are among the companies that will report ...


AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


Netlist Stays on the Map (NLST)

Netlist Inc. (NASDAQ: NLST) is rising yet again after being on a tear last week.  This stock came under attention because of its launch of Netlist’s HyperCloud memory module for servers. This morning the company said that at Supercomputing 09, it is demonstrating the world’s first 16GB 2 virtual rank double-data-rate three, registered dual in-line memory module.  Average volume was only about 150,000 last week but now the average volume is approximately 300,000 shares.  At 8:40 AM EST we have already seen 350,000 shares trade hands and the stock is up 14% at $5.10. The 52-week trading range was $0.14 to $4.83. Last Tuesday this was not even a $1.00 stock to show how much it has risen.  And the stock more than doubled in price on Friday on over 11.4 million shares.  If this is not an inflection point for traders, that must be close.  The caveat is that this is only an $88 million market cap even after last week’s exponential rise.

-JON OGG


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


BEFORE THE BELL: HOT STOCKS TO WATCH
Wall Street Journal
Shares slipped 0.5% to $49.92 in after-hours trading. General Motors Co., Lowe's Cos. (LOW) and ReneSola Ltd. (SOL) are among the companies that will report ...


AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


China's Stocks Climb Most in Five Weeks; Shenhua, SAIC Rise - Bloomberg


China's Stocks Climb Most in Five Weeks; Shenhua, SAIC Rise
Bloomberg
Copper futures in New York gained 1.4 percent in after-hours trading. China, the world's biggest consumer of metals, is experiencing “powerful” growth in ...

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Asian Stocks Gain on APEC Stimulus Pledge, China Retail Sales; BHP Climbs - Bloomberg


Asian Stocks Gain on APEC Stimulus Pledge, China Retail Sales; BHP Climbs
Bloomberg
Copper futures in New York rose 2.3 percent in after- hours trading. Cnooc Ltd., China's largest offshore oil producer, advanced 1.6 percent to HK$12.74, ...


Lowe's Draws Call-Buyers Ahead of Earnings - TheStreet.com


Lowe's Draws Call-Buyers Ahead of Earnings
TheStreet.com
The stock closed the Friday session up 1.8% to $21.85 and rose to $22.05 in after-hours trading, more than 68% above its March lows. ...

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AFTER THE BELL-Aegean Marine shares up after Q3 results - Interactive Investor


AFTER THE BELL-Aegean Marine shares up after Q3 results
Interactive Investor
(Reporting by Ryan Vlastelica) Keywords: MARKETS STOCKS AFTERTHEBELL Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised ...


SMS, content revenue boost Cellcom Q3 results - Globes


SMS, content revenue boost Cellcom Q3 results
Globes
Shares in Cellcom rose 0.3% to close at $30.76 yesterday, and continued rising another 2.4% in after-hours trading.

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