Investors Buying PNC Protection? (PNC)
PNC Financial Services (NYSE: PNC) has been one of the more insulated financial services firms during teh entire financial and market meltdown. Even on a day where financial markets are growing concerned that Fannie and Freddie are going to be wiped out by the government bailout. That being said, why is it that PNC has [...]
TRADER ALERT: VeriFone (PAY)
VeriFone Holdings Inc. (NYSE: PAY) is seeing a huge surge in pre-market trading. As of 9:17 AM EST we have seen more than 400,000 shares trade hands and shares are up more than $4.00 at $18.80 on last look. You can thank the company finally giving a positive outlook ahead of estimates, a cleaned-up accounting [...]
Trader Alert: Suntech Power & Solar Stocks (STP, FSLR, ESLR, CSIQ, SOLF, CSUN)
Suntech Power Holdings Co. Ltd. (NYSE: STP) is seeing a surge in both its price and its pre-market trading volume. Shares are trading up over 4% at $38.90 at 8:40 AM EST on more than 130,000 shares pre-market after beating earnings and raising guidance. Its new guidance for 2008 is $2.05 to $2.15 Billion in [...]
Trader Price/Volume Alert: Novatel Wireless (NVTL, SWIR)
Novatel Wireless Inc. (NASDAQ: NVTL) is getting killed this morning. Shares were already close to 52-week lows, and now they are hitting fresh 52-week lows. The wireless broadband modem maker for laptops and cellular companies missed its earnings views and Piper Jaffray has slashed its rating down to Sell. Shares were already down almost 70% [...]
Price Alert: Jack Henry & Associates (JKHY)
Shares of Jack Henry & Associates, Inc. (NASDAQ: JKHY) are being hit hard pre-market. The provider of integrated computer systems for in-house and outsourced data processeing for financial institutions missed its earnings targets last night. As of 8;30 AM EST we have only seen about 5,500 shares trade hands, but the drop is by [...]
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