Archive for November 17th, 2008

Price Tank Alert: Altera Corp. (ALTR)

Altera Corp. (NASDAQ: ALTR) is getting hit hard this Monday morning, although maybe not by as much as if you just looked at the headline and pretended this was somewhat normal times.   Goldman Sachs downgraded the stock by putting it on the Conviction Sell List.
Shares are down 4% at $14.40 9:06 AM EST.  So far [...]

Price/Volume Alert: A-Power Spanking (APWR)

A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) is getting hit hard this morning in early pre-market trading.  We have only seen 7,199 shares trade as of 8:50 AM EST, but the prints are down 12% at $4.61 after closing at $5.25 Friday.
A-Power designs, constructs, and tests distributed power generation and micro power grids to factories [...]

Price/Volume Alert: Baidu.com (BIDU)

Baidu.com, Inc. (NASDAQ: BIDU) is being hit as a hi-beta tech proxy this morning.   Shares are at $166.90, down $11.99 or 6.70% as of 8:38 AM EST.  There has not been any direct news, although a Dow Jones article noted Sukhinder Singh Cassidy, Google president of Asia Pacific and Latin America, giving comments last week [...]

Price/Volume Tank Alert: United Therapeutics (UTHR)

United Therapeutics (NASDAQ: UTHR) is down sharply this morning on news that the company’s pulmonary arterial hypertension product failed to meet its primary objectives.  The company did say this will merit ongoing studies and Eli Lilly (NYSE: LLY) has licensed the rights to UTHR for $150 million in an equity stake.
UTHR is trading down sharply [...]

Price Alert: DELL (DELL)

Dell Inc. (NASDAQ: DELL) is down again on the same bit of news as last week… another analyst downgrade.  This morning it was Merrill Lynch that jumped in on the pile-on and cut its rating to Neutral ahead of this Thursday’s earnings.  It seems that selling all these $400 and $500 PC’s is finally dawning [...]