Archive for July 28th, 2009

Exponential Volume Alert: USEC Inc. (USU)

USEC Inc. (NYSE: USU) is getting hammered on exponential volume after the US DOE declined its long-pending loan guarantee application. Shares are down 45% at $3.40 at 9:44 AM EST and we have already seen over 8 million shares trade hands. Total average volume is only 2.6 million shares and the 52-week trading range is [...]

PREMARKET ALERT: United States Steel (X)

United States Steel Corp. (NYSE: X) sharse are down 3 percent to $40.01 and among the most active premarket stocks with more than 200,00 shares traded as of 8:30 a.m. Eastern. The company beat EPS expectations, but posted revenue that fell 68.5 percent from year-ago levels to $2.13 billion, short of $2.39 billion analyst expectations. [...]

PREMARKET ALERT: Check Point Software (CHKP)

Check Point Software Technologies Ltd. (Nasdaq: CHKP) shares are up more than 3 percent to $25.74 on active premarket trading of more than 27,000 shares. The company reported EPS of 48 cents a share, 2 cents better than analyst expectations. Revenues rose 12.0% vs. the same quarter a year earlier to $223.6 million, above consensus [...]

PREMARKET ALERT: Vical Inc. (VICL)

Vical Inc. (Nasdaq: VICL) shares are up 11 percent to $4.05 as one of the 10 most active premarket Nasdaq stocks as of 8:15 a.m., with more than 53,000 shares traded.  The company received a $10 million investment from Federated Kaufmann Funds in a direct offering. Vical will sell about 2.8 million shares at $3.63 [...]

PREMARKET ALERT: Ariad Pharmaceuticals (ARIA)

Ariad Pharmaceuticals (Nasdaq: ARIA) shares are up 26 percent to $3.10 and are among the most active in premarket trading. The company announced positive preliminary data from two ongoing clinical trials of its investigational mTOR inhibitor, Ridaforolimus, in combination with Herceptin in breast cancer patients and Avastin in patients with refractory, metastatic solid tumors. — [...]

PREMARKET ALERT: Coach (COH)

Coach Inc. (NYSE: COH) shares are down 4.6 percent to $27.11 on early premarket volume as of 8 a.m. Eastern. Not much has traded, but the stock could see a volume spike after the retailer reported earnings that were just in line with analyst expectations of 43 cents a share; this despite at least one Wall Street [...]

PREMARKET ALERT: SPSS Inc (SPSS, IBM)

SPSS Inc (SPSS shares are up 41 percent to $49.59 in early premarket trading as of 8 a.m. Eastern of about 3,800 shares. Volume could spike after the company announced that IBM (NYSE: IBM) has agreed to buy the company for $1.2 billion, or $50 a share in cash. The deal is expected to close  later [...]

PREMARKET ALERT: EnerNOC (ENOC)

EnerNOC Inc. (Nasdaq: ENOC) shares rose more than 10 percent to $27.50 on after hours volume of more than 12,000 shares. The company posted a loss of 29 cents a share, or 4 cents better than analyst expectations. Revenue rose 79 percent from a year earlier to $42.4 million, above expectations of $39.1 million. The [...]

PREMARKET ALERT: Amgen (AMGN)

Amgen Inc. (Nasdaq: AMGN) shares  fell about 1 percent to $60.33 after hours on Monday with more than 2.3 million shares traded after hours, making it one of the most active Nasdaq stocks. The company posted better-than-expected top and bottom-line result but had disappointing sales of its blockbuster Neulasta. – UPDATE:   Stock is up 2.7 [...]

PREMARKET ALERT: LaserCard (LCRD)

LaserCard Corp. (Nasdaq: LCRD) were among the biggest percentage gainers in after-hours trading. The stock rose nearly 24 percent to $6.31 on after hours volume of more than 57,000 shares after the company posted EPS of 16 cents a share, 18 cents better than analyst expectations. Revenue rose 11 percent from a year earlier to [...]