Archive for September 7th, 2010

With Hurd As New Pres, Oracle Jumps Pre-Market

IT appears that morning traders seem to approve of Software giant Oracle Corporation’s (NASDAQ: ORCL) acquisition of former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd. As of 8:41AM EDT, the stock is up $1.64 (7.16%) to $24.56. ORCL has already traded 1.91 million shares, with an average daily volume of 25.2 million. Hurd resigned from HP [...]

Finisar Continues Moving Volume After Announcing Q1 Earnings

Finisar Corporation (NASDAQ: FNSR), the fiber optics technology company, has continued making huge gains after announcing record quarterly results on Thursday of revenue increase of over 10% quarter over quarter.  At 8:35 AM EST the company is up 13.81% from $13.61 to $15.49.  The company has also traded 111,070 shares, compared with their average of [...]