Archive for July 27th, 2009

VOLUME ALERT: Varian Inc. (VARI, A)

Varian Inc. (Nasdaq: VARI) shares are up nearly 30 percent to $50.78 on volume of 3 million shares, about 10 times average, as of 11:15 a.m. The company has signed an agreement to be acquired by Agilent Technologies Inc. (NYSE: A) for $52 cash a share, about a 35 percent premium. The deal is expected [...]

VOLUME ALERT: Vical Inc. (VICL)

Vical Inc. (Nasdaq: VICL) shares are up about 15 percent to $3.68 on premarket volume of about 160,000 shares, more than 20 percent of the stock’s average daily volume at the open. The vaccine maker’s shares are catching a bid after the European Medicines Agency said it will fast-track swine flu vaccines, letting vaccine developers skip trials in large numbers [...]

PREMARKET ALERT: Thomson (TMS)

Thomson (Nasdaq: TMS) shares are up more than 6 percent to nearly $1 a share, on premarket volume of about 5,200 shares. The French media and technology firm said late Friday that its creditors have agreed to a debt restructuring. Dow Jones reports that the company will focus on profitability after the restructuring. — Mike [...]

PREMARKET ALERT: Cal-Maine Foods (CALM)

Cal-Maine Foods Inc. (Nasdaq: CALM) shares are down more than 10 percent to $17.01 on premarket volume of about 1,700 shares as of 8:20 a.m. Eastern. The egg producer posted EPS of 43 cents a share, vs. analyst expectations of $1.13. Revenue fell  percent from a year earlier to $213.6 million, vs analyst expectations of [...]

PREMARKET ALERT: Alpha Natural Resources (ANR)

Alpha Natural Resources Inc. (NYSE: ANR) shares are down 2 percent to $33.47 on volume of about 1,400 shares as of 8:15 a.m. Eastern. The company said it has seen some early signs of a turnaround in the steel markets, which could buoy coal demand. But the company reported earnings of 22 cents a share, [...]

Yingli Green Energy (YGE, STP)

Yingli Green Energy Holding Co. (NYSE: YGE) shares are up 5 percent to $15.90 in premarket trading of about 5,000 shares as of 8 a.m. Eastern. The company was recommended by CNBC’s Jim Cramer on his “Mad Money” show after Friday’s close, as the China-based solar energy company could benefit from new Chinese subsidies for [...]

PREMARKET ALERT: Corning (GLW)

Corning Inc. (NYSE: GLW) shares are down 2 percent to $16.63 on premarket volume of about 53,000 shares as of 7:55 a.m. Eastern, on disappointing expectations for glass shipments. The company reported EPS of 39 cents a share, 7 cents better than analyst expectations. Revenue fell 17.6 percent from the same period a year earlier [...]

PREMARKET ALERT: Aetna (AET, CVS, MHS, ESRX)

Aetna Inc. (NYSE: AET) are down about 10 percent to $23.73 on premarket volume of about 3,700 shares as of 7:45 a.m. Eastern. The health insurer reported EPS ex items of 68 cents a share, 10 cents worse than analyst expectations. The company said earnings were affected by significantly higher commercial medical costs. Aetna guided [...]