Volume Spike Investor

Oshkosh Corporation (NYSE: OSK) is using recent strength to unload shares of stock.  The company said it will sell 13,000,000 shares of common stock to repay a portion of the term loan borrowings under its credit agreement.  Shares closed down over 5% at $30.42 in regular trading and we show trading down another 5% at [...]

Johnson Controls Inc. (NYSE: JCI)  August $30 calls trading 7,000 contracts against open interest of 817 and implied volatility is on the rise to 47% from around 40%.  JCI was awarded a large contract for car batteries today, and the auto part supplier is seeing a boost in production with improving auto sales.  A few [...]

We are looking into some unusual options trading activity in Pfizer Inc. (NYSE: PFE).    As of 11:00 AM EST we have seen some 47,000 PFE AUG $13 CALLS traded today alone versus a prior open interest of a mere 120 contracts.  Out in September expiration, we have seen 10,500 of the SEPT $11 Calls trade [...]

CIT Group Inc. (NYSE: CIT) has already surpassed its average daily volume of the last three months.  The 19% surge to $1.20 is on 57 million shares as of 10:30 AM EST.  We have not seen any formal news, but the hopes and theories are that the higher debt swap ofer has the company still [...]

Procter & Gamble Co. (NYSE: PG) is a disappointment this morning.  The consumer products behemoth gave earnings saying that quarterly profit fell 18% and said it expects slow sales and choppy earnings to continue for the near future.  Earnings were $2.5 billion or $0.80 EPS and estimates from Thomson Reuters were $0.79 EPS. Revenue fell [...]

Whole Foods Market, Inc. (NASDAQ: WFMI) is surging in price to new 52-week highs (still half of 2007 prices though) after its earnings came in better than expected.  We had over 1 million shares trade hands after the report after the close yesterday.  So far at 8:33 AM EST we have seen only about 92,000 [...]

USEC Inc. (NYSE: USU) is still fairly thin volume considering the news, but we would expect it to be among the mors active issues after the Department of Energy said it would delay its final decision to give the company time to meet test and financial goals over its government loan guarantee.  This is not [...]

American Capital Ltd. (NASDAQ: ACAS) is looking pretty sorry this morning… The financier for small and mid-size businesses posted a $547 million second-quarter loss and is outside of its covenants.  The loss came to -$2.52 EPS and net operating income fell 86% to $20 million or $0.09 EPS. As of 8:20 AM EST we have [...]

Novavax, Inc. (Nasdaq: NVAX) is soaring on high volume.  The company has manufactured a virus-like particle vaccine candidate against the H1N1 pandemic influenza virus (Swine Flu) under current good-manufacturing practices in the Rockville, MD facilities in only 11 weeks after receiving the gene sequence for the H1N1 strain from the CDC….  Novavax has produced essential [...]

Garmin Ltd. (NASDAQ: GRMN) is surging in pre-market trading.  Its profit fell to $161.9 million, or $0.81 EPS and $0.83 on an adjusted basis.  Sales were down 27% to $669.1 million.  We had a Thomson Reuters figure of $0.51 EPS and $670.5 million.  Because this is so much less-bad on earnings, shares are up a [...]