Volume Spike Investor

Alcoa Inc. (NYSE: AA) shares are up more than 4 percent and above $9.50 a share, and have traded nearly their average daily volume as of 1:40 p.m. Eastern, as shares saw a volume spike after CEO comments reported by Bloomberg.com. According to Bloomberg’s site, Alcoa CEO Klaus Kleinfeld said demand is strengthening in both [...]

Astec Industries Inc. (Nasdaq: ASTE) shares are down 7 percent to less than $25 on more than twice average daily volume after the company’s shares were downgraded to Market Perform from Outperform by Barrington Research this morning. The firm believes that a federal highway spending bill will not become law, and will not revive spending [...]

Jazz Pharmaceuticals Inc. (Nasdaq: JAZZ) shares are up more than 26 percent to $4.62 on volume of about 1.3 million shares in the first hour of trading after the company said it has paid its senior secured noteholders interest payments that had been due them, following a private placement that eases its cash crunch. In [...]

Weyerhaeuser Co. (NYSE: WY) shares are down about 2.5 percent to $29.25 with more than 15,000 shares traded shortly after 9 a.m. Eastern, after the company cut its quarterly dividend 80 percent to 5 cents a share, down from 25 cents a share. The company said the economic outlook for the business remains uncertain, although [...]

KeyCorp (NYSE: KEY) shares are up 2.7 percent to $5.22 on premarket volume of more than 100,000 shares as of 9 a.m. Eastern, after the company was upgraded to an Outperform rating at boutique research firm Keefe Bruyette. The brokerage argues that the bank’s capital position is strong and that the stock is cheap relative [...]

Mcmoran Exploration Co. (NYSE: MMR) shares are up 5 percent to $5.30 with more than 21,000 shares traded as of 9 a.m. Eastern after the company announced positive drilling results at its Blueberry Hill deep gas exploratory sidetrack well in Louisiana. The company said the well has been drilled to a vertical depth of 21,900 [...]

Intel Corp. (Nasdaq: INTC) shares are up 2 percent to $16.87 on volume of 160,000 shares before 9 a.m. Eastern after Bank of America/Merrill raised its rating on the chipmaker to Buy from Neutral, arguing that market participants are underestimating the stock’s potential upside. The Intel rating boost coincides with the brokerage’s move to a [...]

Marvell Technology Group Ltd. (NASDAQ: MRVL) is spiking higher in pre-market trading.  While only 33,000 shares have traded as of 8:53 AM EST, we expect this to trade more shares as the market gets closer to opening. Its average daily volume is more than 15 million and some glitches on the open NASDAQ site may [...]

Mylan Laboratories Inc. (NYSE: MYL) shares are up 3 percent to $12.65 with more than 22,000 shares changing hands as of 8:45 a.m. Eastern, after the FDA granted the company an abbreviated new drug application to make a generic version of the AstraZeneca (NYSE: AZN) prostate cancer treatment called Casodex. See BioHealthInvestor.com for full details.

Hansen Medical Inc. (Nasdaq: HNSN) shares are likely to be active Tuesday after the maker of robotic catheter systems guided second-quarter revenue lower and withdrew previous system placements guidance, citing delayed purchases by customers. Shares fell 32 percent after hours to $3.29. The company expects second quarter revenues to be in the range of $3.1 [...]