Archive for September 3rd, 2009

Nanometrics Hits Year Highs From Analyst Call (NANO)

Nanometrics Inc. (NASDAQ: NANO) is one of the biggest movers on a relative basis today.  We have already cossed almost three-times normal trading volume.  This was among the top 10 analyst upgrades noted this morning at 24/7 Wall Street.  But to dig deeper than NANO STARTED AS OVERWEIGHT AT PIPER JAFFRAY… The firm believes that [...]

Fannie & Freddie Looking A Tad Better (FNM, FRE)

This had been a pretty rough week for Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).  The MBA was calling for them to be replaced and analysts warned that there may be no real value left here.  Fannie was north of $2.00 last week but closed at $1.37 yesterday.  At 9:08 AM EST we [...]

Sun Getting Stunned Over EU Probe (JAVA, ORCL)

Sun Microsystems Inc. (NASDAQ: JAVA) is getting worked liked a punching bag.  The E.U. has decided that a very in-depth review and probe is needed in the acquisition by Oracle Corp. (NASDAQ: ORCL).  Maybe the E.U. likes for tech companies to lose money and to not do well at most big efforts financially, because that [...]

Sepracor Volume Goes Exponential (SEPR)

Sepracor, Inc. (NASDAQ: SEPR) has already crossed its average daily volume by twice the number of shares… The company is being acquired for $2.6 billion by Dainippon Sumitomo.  This sent shares rifling higher yesterday before the stock was halted at $22.80.  Shares are trading at $22.83 in pre-market trading as of 8:45 AM EST but [...]

InnerWorkings Getting Worked (INWK)

InnerWorkings Inc. (INWK) is getting clipped on lower guidance after the the printing company forecast 2009 earnings of $0.14 to $0.20 EPS on revenue of $400 to $425 million. Just in May, it backed its previous guidance of earnings of 35 to 39 cents on revenue of $450 to $475 million. This was down half [...]

Sinovac Launches Again (SVA)

Sinovac Biotech Ltd. (AMEX: SVA) is soaring after China approved it for a vaccine against swine flu for the Chinese market. This stock had been on fire already because of regional approval and because of positive swine flu data seen in studies.  This closed at $8.53 yesterday and at 8:28 AM EST we have already [...]

Hovnanian Burns Down The House (HOV)

Hovnanian Enterprises Inc. (NYSE: HOV) is showing that maybe all those ‘great home sales figures’ are either not so great or are not sustainable.  The homebuilder posted a wider loss than expected and shares are down almost 10% on the news.  This was one of the most active stocks last night and as of 8:23 [...]

Zumiez Soars on SSS and Analyst Calls (ZUMZ)

Zumiez Inc. (NASDAQ: ZUMZ) is soaring despite a drop of 12.1% in same-store-sales for August.  The rally is because this was not as bad as some feared…. We have seen Three analyst upgrades this morning from MKM, Blair, and Baird.  Shares are up over 10% at $13.88, still only half of its 52-week high of [...]