Volume Spike Investor

RADVISION Ltd. (NASDAQ: RVSN) is already trading higher this morning.  The company’s earnings yesterday morning were $0.13 non-GAAP EPS and $20.4 million in revenues versus Thomson Reuters figures.  And the guidance for Q4 was listed as $0.17 non-GAAP EPS and $21.5 million in revenues.  That guidance may be mixed, but it does not signal an [...]

CIT Group Inc. (NYSE: CIT) Is getting “pantsed” this morning on the NYSE.  Goldman Sachs Group (NYSE: GS) has trimmed the size of its loan.  Rather than $3 billion, Goldman is loaning some $2.13 billion.  This is two days after CIT raised $4.5 billion and as it continues on its restructuring efforts.  CIT also put [...]

Genworth Financial Inc. (NYSE: GNW) already rose some 17% yesterday and closed at $10.18, but shares rose by at least another 14.7% on very active trading. The troubled financial company posted $0.24 EPS vs a -$0.02 estimate. Revenues rose 10% to $2.39 billion, but under the $2.52B estimate.  Book value per share grew 10% sequentially [...]

Novatel Wireless, Inc. (NASDAQ: NVTL) failed to follow the gains of Sierra Wireless (NASDAQ: SWIR).  The wireless access card maker closed at $12.19 and shares are getting whcked.  The company did beat earnings, but issues are there on guidance.  Earnings were $0.20 EPS vs $0.10 EPS estimates; Revenues were up 12.1% to $94.3 million vs. [...]

VIVUS Inc. (NASDAQ: VVUS) is trading up this morning on additional data on its Qnexa, the obesity investigational drug candidate with data being presented at the annual scientific meeting of The Obesity Society.  While the company’s top-line data from the phase III studies was out in September, the presentation included data from the EQUIP and [...]