Archive for August, 2009

SEQUENOM Crosses Full Day’s Volume (SQNM)

We ran a full detail of the activity in SEQUENOM, Inc. (NASDAQ: SQNM) of the rumors that are driving the stock this morning over at  And the volume is already at a full day’s volume after just oiver an hour…. At 10:58 AM EST we have seen 12.8 million shares trade hands on a [...]

Marvel Joins The Mouse House (MVL, DIS)

Marvel Entertainment, Inc. (NYSE: MVL) is being acquired in a serious surprise merger by Walt Disney Co. (NYSE: DIS).  The term is for $50.00 per share, broken down as $30 in cash and then 0.745 shares of common DIS stock.  Marvel’s 52-week high is $41.74 and this closed at $38.65 on Friday.  As of 9:06 [...]

BJ Services Scores A Deal (BJS, BHI)

BJ Services Company (NYSE: BJS) is surging on a deal in the oil patch… Baker Hughes Inc. (NYSE: BHI) is acquiring the company for what is supposed to be a 16% premium around $5.5 billion, but in a deal thgat greatly discounts it last year’s highs.  The deal is mostly in stock and the BJ [...]

Human Genome Sciences Sees Reality Take (HGSI)

Human Genome Sciences, Inc. (NASDAQ: HGSI) is getting clipped this morning as the hopes of the buyout settle down on the realization that large drug companies might not want to pay up over and above a more than tenfold rise in shares.  HGSI is down almsot 3% at $19.32 on about 30,000 shares as of [...]

Genzyme Drifting Lower (GENZ)

Genzyme Corporation (NASDAQ: GENZ) has yet to see a major wave of trading volume, but it will be very active today.  The troubled biotech giant is trading down about 3.2% at $53.75 on about 15,000 shares as of 8:43 AM EST. Baird cut the rating down to Neutral from Outperform after the date was set [...]

Fannie & Freddie Leading Downward Volume (FNM, FRE)

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are both getting their wings clipped this morning.  FBR’s research points out that effectively, “No underlying value remains…” in the shares of common stock.  The 200%-plus rise on speculation of reverse stock splits and hope for government assistance continuing are bother over-stepped by the share prices… [...]

AIG Takes Early Volume Leadership (AIG)

American International Group (NYSE: AIG) kept trading up and away last week, yet this morning’s trading has the stock down over 9% at $45.50 on almost 1 million shares as of 8:32 AM EST.  Barron’s panned many of the runs in speculative stocks over the weekend and the financial sector is down with the broader [...]

Intel Drives Friends and Rivals (INTC, DELL, MSFT, AMD, NVDA, MU, RMBS)

Intel Corporation (NASDAQ: INTC) guidance is driving the tech sector, despite Dell Inc. (NASDAQ: DELL) already giving a lift to the sector…..Right before the open at 9:28 AM EST Intel stock is up 4.5% at $20.35 on about 8 million shares.  Look at peers and competitors: Advanced Micro Devices Inc. (NYSE: AMD) is up over [...]

Sinovac Biutech, Swine Flu's Friend in China (SVA)

Sinovac Biotech Ltd. (AMEX: SVA) is soaring on its report that the Beijing Public Health Bureau has selected Sinovac as ONE OF THE FOUR manufacturers to supply Anflu®, Sinovac’s seasonal influenza vaccine, for the benefit of the citizens of Beijing. The Beijing Public Health Bureau completed the bidding process for the purchase of flu vaccines [...]

Aruba Networks Meet Atlantis (ARUN)

Aruba Networks, Inc. (NASDAQ: ARUN) is a screamer in price this morning, although it is a bit surprising with the strength of the bull market that the volume is still a bit lighter than this pricing would indicate for a low-priced stock. The wireless networking technology player beat sales for its fiscal fourth quarter and [...]