Archive for January 5th, 2010

CIENA Stock & Options On Move (CIEN, NOK, SI)

CIENA Corp. (NASDAQ: CIEN) has seen what is nothing short of an odd move today in both the stock and in in call options activity.  There are some hints out there that Nokia-Siemens, the venture of Nokia Corp. (NYSE: NOK) and Siemens AG (NYSE: SI), may go after CIENA after their failed attempt to acquire [...]

Delta Options Spiking (DAL, CAL, UAUA)

Delta Air Lines Inc. (NYSE: DAL) is seeing action in options trading this morning as the calls were hot off the open with more than 10,000 February $12 calls trading with shares at $11.80 and rising, 2X daily volume in 10 minutes of trading with offer side buying in large blocks.  Shares of airline stocks [...]

Radio Shack Gets Dual Analyst Boost (RSH)

Radio Shack Corp. (NYSE: RSH) is trading up almost 6% at $20.90 this morning.  Volume is still light, but the reports have been slow to come accross the news today.  Goldman Sachs raised the stock to its prized CONVICTION BUY LIST in coverage today.  Zacks Investment Research also raised its rating to Outperform.  This will [...]

Anadarko and Westport Loving Jim Cramer (APC, WPRT)

Anadarko Petroleum Corp. (NYSE: APC) and Westport Innovations Inc. (NASDAQ: WPRT) are both trading up this morning.  This is after Jim Cramer interviewed both company CEOs in his quest to profit off of a trade called the energy shortage of 2010 he detailed on CNBC’s MAD MONEY on Monday evening. At 8:59 AM EST we [...]

Irish Banks Continue Surge (AIB, IRE)

If you watched bank stocks on Monday, then you probably saw how the Irish banks may be in for a massive 2010 as Allied Irish Bank (NYSE: AIB) and Bank of Ireland (NYSE: IRE) were both up huge.  Despite these two being hit with negative ratings in new coverage at Barclays this morning, both banks [...]

ACE Digesting Guidance (ACE)

ACE Limited (NYSE: ACE) is down on guidance.  The P&C and reinsurance giant gave guidance for 2010 with expected operating income per share for 2010 to be between $6.25 and $6.75 EPS versus a Thomson Reuters consensus estimate of $8.11 EPS.  Catastrophe losses were put at $390 million pre-tax and $317 million after-tax.  There is [...]