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 [...]
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 [...]
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