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 ...

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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.  This morning’s move is based upon the reports of a Microsoft search and advertising pact coming as soon as today.  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.  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.  We have seen close to 200,000 shares trade hands.  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. ...

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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 ...

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

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

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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 ...

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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)

 

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. ...

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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 ...

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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 ...

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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.

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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 ...

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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.

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