Archive for July 23rd, 2009

PREMARKET ALERT: AT&T (T)

AT&T Inc. (NYSE: T) shares are up more than 3 percent to $25.64 in premarket trading of about 75,000 shares shortly after 7:30 a.m. Eastern. The telecommunications company posted second-quarter EPS of 54 cents a share, or 3 cents better than consensus expectations. The company increased wireless subscribers in the quarter by 1.4 million to [...]

PREMARKET ALERT: SanDisk (SNDK)

SanDisk Corp. (Nasdaq: SNDK) shares are down more than 6 percent to $17.70 in very early premarket trading around 7:30 a.m., on volume of less than 5,000 shares. The stock was among the most active after hours, after it beat EPS expectations and returned to profitability, but guided cautiously. The company expects third-quarter revenue in the [...]

PREMARKET ALERT: eBay (EBAY)

eBay Inc. (Nasdaq: EBAY) shares are up more than 6 percent to $20.76 in early premarket trading of roughly 12,000 shares as of 7:30 a.m. Eastern, and were the the most active Nasdaq shares after hours. The online auction service reported second quarter EPS of 37 cents a share, a penny better than expectations. The [...]

PREMARKET ALERT: Intuitive Surgical (ISRG)

Intuitive Surgical Inc. (Nasdaq: ISRG) shares are up more than 15 percent to $1976.10 in premarket trading as of 7:30 a.m., and were among the most active with more than 1.5 million shares after hours. The company posted better-than-expected earnings and revenue for the second quarter, with EPS of $1.62, or 37 cents above consensus. [...]

MAJOR VOLUME ALERT: Medarex (MDRX)

Medarex Inc. (Nasdaq: MEDX) shares are up about 90 percent to $15.88 in early premarket trading, on strong volume of more than 180,000 shares. Bristol-Myers Squibb Co. (NYSE: BMY) announced it has signed an agreement to buy Medarex for $2.4 billion, or $16 a share in cash. The boards of both companies have approved the [...]