Archive for July 31st, 2009

PREMARKET ALERT: Abaxis Inc. (ABAX)

Abaxis Inc. (Nasdaq: ABAX)  shares are up 10 percent to $24.15 on premarket volume of about 78,000 shares as of 8:10 a.m Eastern; it also was very active in after hours trade. The company posted fiscal Q1 earnings of 17 cents a share, 4 cents above analyst expectations of 13 cents a share. Revenue rose [...]

PREMARKET ALERT: Novatel Wireless (NVTL)

Novatel Wireless Inc. (Nasdaq: NVTL) are up more than 20 percent to $11.10 in the premarket, on volume of about 50,000 shares shortly after 8 a.m. It was among the most active issues in after-hours trading on Thursday evening. The company posted a second-quarter loss of 3 cents a share, in line with expectations, but [...]

MAJOR PREMARKET ALERT: Ariad Pharmaceuticals (ARIA)

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) shares are down more than 20 percent this morning to $1.83 on more than 2,00 shares traded as of 8 a.m.; it was one of hte most active issues after-hours Thursday. The company reported a loss of 24 cents a share, slightly less than analyst expectations. But the company ended [...]

PREMARKET ALERT: Synaptics (SYNA)

Synaptics Inc. (Nasdaq: SYNA) shares are down 19 percent Friday to $29 in early premarket trading at 7:40 a.m. Eastern; the stock had been among the most active after-hours issues. The company said CEO Francis Lee, is retiring, and will be replaced by Thomas Tiernan, President and COO, effective immediately. The company posted EPS of [...]

PREMARKET ALERT: Anadys Pharmaceuticals (ANDS)

Anadys Pharmaceuticals Inc. (Nasdaq: ANDS) are up 50 percent to $2.72 on premarket trading of more than 1,500 shares as of 7:30 a.m. Eastern. The FDA has given the company clearance of its Phase II protocol to study its hepatitis C drug candidate ANA598, which has faced safety concerns after patients dropped out of a [...]