A123 Scores New Pact (AONE)
A123 Systems, Inc. (NASDAQ: AONE) is surging this morning. The electric car battery and appliance battery maker is up 12% at $22.49 at 8:46 AM EST on almost 450,000 shares. It is hard to use ranges and averages since it is a recent IPO but average volume is 2.6 million shares and the post-IPO range [...]
SAP Strong Enough To Drive Oracle (SAP, ORCL)
SAP AG (NYSE: SAP) has just raised guidance this morning. We have to skip[ on the details but the stock is up 2.6% at $51.72 on almost 700,000 ADR shares traded as of 8:34 AM EST. The 52-week range is $31.13 to $52.73 and average volume is only just over 1.5 million shares. Hey, if [...]
Rosetta Does the No-No (ROSG)
Rosetta Genomics Ltd. (NASDAQ: ROSG) is showing exactly what not to do. Shares are down over 30% this morning after the company is raising cash via a registered direct offering of stock to raise $5.1 million. The problem is that this came right on the heels of a big gain yesterday on headlines of “Rosetta [...]
Selling the News in Origin Agritech (SEED)
Origin Agritech Limited (NASDAQ: SEED) is taking a trading clip after reporting earnings. The company posted a 14.7% gain to revenues for FY2009 of $86.8 million from US $75.6 million; Operating cash flow in FY2009 was US $30.59 million from US $8.42 million in FY2008. At 8:24 AM EST we have seen 273,000 shares trade [...]
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