Archive for October 27th, 2009

DryShips Whips Around (DRYS)

DryShips, Inc. (NASDAQ: DRYS) is trading up on its earnings this morning. We originally saw shares trading lower this morning.  Last night’s earnings could have possibly been taken either way, so we’ll see if this one whips around this morning.   As of 9:17 AM EST we have seen some 364,001 shares go off in teh [...]

Wynn Trading All Over (WYNN)

Wynn Resorts Ltd. (NASDAQ: WYNN) is already up about 300% from its lows, but this is a battleground stock that could go either way now that earnings are out.   It posted $0.28 EPS and $0.33 non-GAAP EPS on $773.1 million in revenues.  Thomson Reuters was at $0.15 EPS and $743.05 million in revenues. The company [...]

American Capital Agency Pain From Secondary (AGNC)

American Capital Agency Corp. (NASDAQ: AGNC), a mortgage REIT, was one of last night’s big losers after the company priced a 5,000,000 common share secondary offering at $26.60 per share.  The problem is that the stock closed at $28.14 yesterday.  Shares fell 4.5% to $26.87 on some 147,000 shares in the after-hours session after the [...]

Icagen Less Dead Than Last Night (ICGN)

Icagen, Inc. (NASDAQ: ICGN) was already a low-priced small cap stock that fell sharply last night after its Phase IIa exercise-induced asthma study of its Senicapoc failed to demonstrate improvement in the primary study endpoints.  It does not anticipate continuing clinical development of senicapoc at this time.  Shares were down as much as 40% last [...]

Ballard Wrecks (BLDP)

Ballard Power Systems Inc. (NASDAQ: BLDP) is one of the original alternative energy cult stocks.  Now the company is just an ex-cult stock and its revenues were down year over year to $9 million.  The net loss was in-line with -$0.14 and the net loss outside of items was -$0.09 EPS, a smaller loss than [...]

Baidu Forgets The Bull Market (BIDU)

Baidu, Inc. (NASDAQ: BIDU) reported Q3 earnings which looked good on the surface at $2.16 EPS vs. $1.85 estimates as revenues rose 39% to $187 million vs. $188 million expected.  New technology was causing a lower outlook to revenue of $174 to $180 million vs. $203 million expected.  Shares fell by 10% in after-hours trading [...]