Archive for September 25th, 2009

Tibco (TIBX) Moves On Earnings

Tibco (TIBX) is up 7% in light volume after posting strong earnings. Total revenue for the third quarter of fiscal 2009 was $150.3 million and GAAP net income was $14.9 million, or $0.09 per diluted share. This compares to total revenue of $162.3 million and GAAP net income of $11.1 million, or $0.06 per diluted [...]

United Community Banks (UCBI) Damaged On Stock Sale

United Community Banks (UCBI) is down almost 9% on over 135,00o shares The bank said that it has priced a public offering of 38,700,000 shares of common stock at $5.00 per share for gross proceeds of $193.5 million. United expects to close the sale of the shares of common stock on or about September 30, [...]

Allos Therapeutics (ALTH) Up On Good Trial News

Biopharma Allos Therapeutics (ALTH) is up 15% on over 500,000 shares. The firm said the U.S. Food and Drug Administration (FDA) granted accelerated approval for FOLOTYNTM (pralatrexate injection) for use as a single agent for the treatment of patients with relapsed or refractory peripheral T-cell lymphoma (PTCL). FOLOTYN is the first and only drug approved [...]

RIM (RIMM) Hammered On Earnings

RIM (RIMM) is down over 11% on almost 700,000 shares after announcing poor earnings after the market yesterday Douglas A. McIntyre