Major Options Alert in US Airways (LCC)
US Airways Group, Inc. (NYSE: LCC) is the airline nobody wants, or so it seems, when it comes to an airline merger. What if that notion is wrong? US Airways shares are at $10.68 and the 52-week range is $2.25 to $10.87. Exponential gains were available for those who took a stab and held on. [...]
Genzyme Active On Continued Buyout Rumors (GENZ)
Genzyme Corp. (NASDAQ: GENZ) has made early gains as more rumors about the company and its potential buyers continues to surface. Shortly after the market closed friday, Sanofi-Aventis (NYSE: SNY) approached the biotech company with the explicit intention of considering purchase. GENZ is up 5.57% to $66 at 8:04 AM EDT. At that time the stock [...]
Ericsson Drops On Dissapointing Q2 Results
LM Ericsson Telephone Company (NASDAQ: ERIC) fell pre-market as a result of poor second quarter results, in which sales for comparable units, adjusted for currency and hedging, was down 15% compared to last year. At 8:35 AM EST the company was down 1.86% to $11.07 from $11.28 and has traded 583,800 shares, which is an [...]
ARM Holdings Set To Hit 52-Week High After Microsoft Licenses Technology (ARMH)
ARM Holdings plc (NASDAQ: ARMH) made premarket gains in excess of 10% after long-time partner Microsoft (NASDAQ: MSFT) signed a license agreement to utilize the company’s ARM® architecture as a multifunction technology in their business. at 8:25 AM EDT, ARMH is up 10.56% to $1.52 on only 46 thousand shares volume (2.9 million average volume). With [...]
Investors React to Amazon Q2 Spending in Pre-Market Trading
Amazon.com, Inc. (NASDAQ: AMZN) stocks were down this morning during pre-market trading as a result of the company’s second quarter earnings, which were released yesterday, falling far under investor expectations. The company is down 11.37% at $106.42 at 8:35 AM EST, compared to $120.07 at market closing. Amazon features a 52 week trading range of $77.51 [...]
Mellanox Loses Ground in Pre-Market Trading (MLNX)
Mellanox Technologies, Ltd. (NASDAQ: MLNX) is down $4.24 (18.48%) at 8:35 AM EST to $18.70 and has already traded 95,265 shares. This comes in the middle of the 52-week trading range of $12.90 to $27.48. Mellanox features a market cap of $769.52 million. This drop comes as a bit of a surprise considering the fact that [...]
Nokia Makes Major Premarket Gains After Expected Earnings (NOK)
Nokia Corporation (NYSE: NOK) is on the rise premarket after its 8:00 AM EST earnings report this morning appeared to at least meet investor expectations. at 8:28AM EDT, NOK is up 6.58% to $9.40 on trade of 5.84 million shares. At its current price, Nokia has a market cap of $32.71 billion, and is currently on the [...]
Global Cash Access Death Spiral Volume Alert (GCA)
Global Cash Access Holdings, Inc. (NYSE: GCA) is seeing a true death spiral. An SEC filing shows that Harrah’s is not renewing its contract that expires at the end of November 2010. Harrah’s, by the way, happens to be GCA’s best customer. At 10:30 AM EST shares were down 37% at $4.30 on almost 5 [...]
Top After-Hours Movers & Reactions (AAPL, BP, APA, CYT, GILD, SHLD, YHOO, VMW)
Many shares are moving in the after-hours trading session. Most are earnings as earnings season is in full swing, but some are not tied to earnings at all. Apple Inc. (NASDAQ: AAPL) closed at $251.89 and shares are up 2.9% at $259.14 on more than 4.57 million shares as of 5:05 PM EST. SUMMARY BP [...]
80X VOLUME ALERT: VocalTec Wins on MagicJack (VOCL, CALL)
VocalTec Communications Ltd. (NASDAQ: VOCL) just became the biggest stealth stock in quite some time. It almost feels like a SPAC because of the news. VocalTec and YMAX Corp., the creator of magicJack, have successfully merged and will be traded on the NASDAQ under the symbol “CALL” on Monday, July 16, 2010. VocalTec expects to [...]
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