Archive for July 30th, 2009

PREMARKET ALERT: Ariad Pharmaceuticals (ARIA)

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) continue to climb very strongly for a third-consecutive premarket session, on optimism for its AP24534 compound to treat chronic myelogenous leukemia in patients that were resistant to other drugs. While it is still not in late-stage trials, optimism remains that the company may be able to get it there in [...]

PREMARKET ALERT: Trico Marine Services (TRMA)

Trico Marine Services Inc. (TRMA) shares are up more than 16 percent to $4.40 on volume around 8:30 a.m. of more than 55,000 shares. The company reported EPS of 33 cents a share, 23 cents above analyst expectations. Revenue rose 72 percent from the same period a year earlier to $179.7 million, slightly above analyst [...]

PREMARKET ALERT: Exxon Mobil (XOM)

Exxon Mobil Corp. (NYSE: XOM) shares are down nearly 2 percent to $70.15 on volume of about 30,000 shares as of 8:20 a.m. Eastern. The company reported second-quarter earnings of 84 cents a share, 18 cents below analyst expectations. Revenue fell 46 percent from the same period a year earlier to $74.46 billion, vs. expectations [...]

PREMARKET ALERT: American Axle (AXL)

American Axle & Manufacturing Holding Inc. (NYSE: AXL) shares are up more than 9 percent to $2.20 on volume of more than 20k,000 shares as of 8:15 a.m. Eastern. The company’s shares surged as much as 50 percent in Wednesday trading after it said it continues to be in active discussions with lenders ahead of [...]

PREMARKET ALERT: Symantec (SYMC)

Symantec Corp. (Nasdaq: SYMC) shares are down more than 8 percent to $15.75 as one of the most active Nasdaq stocks as of 8 a.m. Eastern, with more than 100,000 shares traded. The security software maker posted EPS of 34 cents a share, a penny worse than analyst expectations. Revenue fell 12.5 percent from a [...]

PREMARKET ALERT: Akamai Technologies (AKAM)

Akamai Technologies Inc. (Nasdaq: AKAM) shares are down more than 6 percent to $17.50 in premarket trading of more than 60,000 shares as of 8 a.m. Eastern. The company reported EPS of 40 cents a share, a penny less tan analyst expectations. Revenue fell nearly 3 percent to $204.6 million, below expectations of $211 million. the [...]

PREMARKET ALERT: Verenium (VRNM)

Verenium Corp. (Nasdaq: VRNM) are up 29 percent to 73 cents a share on early volume of about 1,000 shares. But it is not a stock that normally trades much in the premarket at all. The company announced a joint venture with BP (BP) to commercialize cellulosic ethanol. The company is also developing a second [...]