Archive for April 12th, 2010

California FuelCell Dreaming (FCEL)

FuelCell Energy Inc. (NASDAQ: FCEL) is trading up after winning approval to install fuel cells at several university locations in California.  California’s Public Utilities Commission approved the deal with 1.4-megawatt fuel-cell plants being installed at 4 sites in the state’s university system. Shares had been up 7% earlier this morning.  At 9:32 AM EST we [...]

Netlist Grabs News (NLST)

Netlist, Inc. (NASDAQ: NLST) is one of the top gainers in percentage terms this morning.  The company issued a press release saying that it has qualification of HyperCloud™ memory on Super Micro Computer high-density servers. Shares are up 10% at $3.70 on about 30,000 shares as of 8:35 AM EST. This one has been very [...]

DynCorp Buyout Surge (DCP)

DynCorp International Inc. (NYSE: DCP) is soaring.  Cerberus is acquiring the government contracting firm.  DynCorp holders are set to receive $17.55 in cash for each share of DynCorp International.  This comes to a premium of approximately 49% over the $11.75 closing bell price on April 9, 2010. At 8:21 AM EST shares are up 48% [...]

Boots & Coots Buyout (WEL, HAL)

If you have followed oil and gas services and clean-ups for some time, you know about Boots & Coots, Inc. (AMEX: WEL).  A founder of the company recently died at age 86 over the last couple of weeks and this morning comes word of a buyout. Halliburton (HAL) is acquiring Boots & Coots for $3.00 [...]

A Greek Bank Win (NBG)

National Bank of Greece SA (NYSE: NBG) is trading higher this morning on the Greek bailout.  The E.U. is coming in with 30 billion Euros for Greece if it requests the assistance. NBG has become the proxy for the country, but the stock was up more on the preliminary reports that aid was coming on [...]

AIG Dusts Off Goldman Sachs Paper (AIG)

American International Group (NYSE: AIG) is trading up after it cleared out some significant losses.  The WSJ has reported that AIG has unwound most of its mortgage swaps with Goldman Sachs that were left over after the government bailout, which will result in large charges yet get another eye sore off the books.  The insurance [...]

Cell Therapeutics Holding Its Own (CTIC)

Cell Therapeutics Inc. (NASDAQ: CTIC) is trading higher this morning after its special meeting Friday ad after a corporate update.  Weekend chat rooms and online posts were of course still very mixed on this one with the bulls touting a definite approval down the road and the bears touting that it has little to nothing [...]

Palm Rises After Reportedly Hiring Big Guns (PALM)

Palm Inc. (NASDAQ: PALM) is trading higher again this morning, and you have heard why… more takeover chatter developments.  The reports over the weekend put Palm having hired Goldman Sachs an Qatalyst to pursue a sale of the company. UPDATE 9:33 AM EST: Shares are up 8.7% at $5.61 on 10.3 million shares. UPDATE 8:32 [...]