Jonesing At Wal-Mart (JSDA, WMT)
Jones Soda Co. (NASDAQ: JSDA) is soaring this morning on its announcement that Wal-Mart is now authorized to retail its products in the company’s 3,800 domestic stores. What is interesting is that the shares are moving far more than the net addition, because the announcement says, “The deal increases Jones’ total retail outlet distribution by [...]
Next Week’s TiVo Trade Set-Ups (TIVO, DISH, SATS)
TiVo Inc. (NASDAQ: TIVO) was the daily implosion on Friday. As noted for stocks to watch next week in our UNUSUAL SUSPECTS at 24/7 Wall Street, the stock was given a death-blow after Dish succeeded in getting the TiVo patent case involving Dish Network Corp. (NASDAQ: DISH) and EchoStar Corp. (NASDAQ: SATS) heard on appeal. [...]
Asiainfo… Dis-Info? (ASIA)
Asiainfo Holdings Inc. (NASDAQ: ASIA) started out ok today, but then things got worse. And worse. On no real news dissemination this stock is down 8.2% at $22.18 today and the intra-day trading range is $21.90 to $24.38. The 52-week range is $15.30 to $32.60. At 3:00 PM EST we have now crossed the 2 [...]
Sybase Takeover Chatter (SY, SAP)
Sybase, Inc. (NYSE: SY) saw a major volume explosion and massive price move late in the trading day. Bloomberg reported that SAP AG (NYSE: SAP) may acquire the company. Maybe yes, maybe no. Shares at 3:21 PM EST are up a whopping 51% at $63.00 on well over 6 million shares. Keep in mind that [...]
Biggest Gainers During the Crash (CKP, CAAS, CLWR, RDEN, HTRN, HNT, KERX, MED, PACR, PPO, TIE, ABCO)
Despite a crash on Thursday, these are some of Thursday’s biggest gainers on the day that are not inverse ETF, not gold, not funds, and not preferred or bond shares. As of 9:20 AM EST: Checkpoint Systems Inc. (NYSE: CKP) +10.6% to $20.68 China Automotive Systems Inc. (NASDAQ: CAAS) +5% to $20.29; indicated up 1% [...]
Myriad Comes Up Way Short (MYGN)
Myriad Genetics Inc. (NASDAQ: MYGN) is getting clipped rather hard this morning despite profits rising about 30%. Earnings were $0.33 EPS and revenue was up 5% at $90.8 million; Thomson Reuters had estimates at $0.39 EPS on revenue of $97.8 million. 2010 Guidance was $1.30 to $1.35 EPS on revenue of $360 million to $365 [...]
InterMune Implosion (ITMN)
InterMune Inc. (NASDAQ: ITMN) just imploded after-hours. The stock has traded now over 14 million shares listed as of 5:31 PM EST and the 5.4% drop to $45.44 during the regular session looks like kids play. FULL NEWS AT BIOHEALTHINVESTOR.COM Now shares are down 78% at $9.58 and we saw prints down even around $9.00. [...]
Popular Gap Reversal (BPOP)
Popular, Inc. (NASDAQ: BPOP) was trading up again and continued up after the gains on Friday evening, but the stock exhibited a true gap & crap pattern after the open. As covered in The Unusual Suspects this weekend… It has already been a winner with shares up big in the last 3 months. Shares rose [...]
Biosante Back on Prostate Cancer Path (BPAX)
Biosante Pharmaceuticals, Inc. (NASDAQ: BPAX) is up after announcing that development of its GVAX Prostate Cancer Vaccine has been reinitiated. The company said that manufacturing of the new GVAX Prostate is in process and that regulatory steps to lift the GVAX Prostate clinical hold prior to trial initiation are being taken. Further noted was that [...]
Goldman Sachs Up on Buffett Defense (GS)
Goldman Sachs Group Inc. (NYSE: GS) is trading higher this morning after this weekend the company, its management and its trading practices were defended by Warren Buffett at the annual shareholder meeting for Berkshire. Buffett also endorsed Goldman Sachs’ Blankfein as CEO. Buffett said the SEC has no case, and that Goldman or Paulson taking [...]
VS Investor RSS Feed