Archive for September, 2010

A123 Jumps With Opening of New Plant

Lithium ion battery manufacturer A123 Systems, Inc. (NASDAQ: AONE) has opened up the largest plant of its kind in North America, aided in part by the Obama Administration stimulus package. As of 8:39AM EDT, the stock was up 10.05% to $8.10, which is close to the bottom of AONE’s 52-week range of $6.32 to $28.20. [...]

Arc Sight Skyrockets On News Of HP Acquisition

Arc Sight, Inc. (NASDAQ: ARST) is up 24.73% at 8:35 AM EST this morning to $43.78 on news that they company will be bought by Hewlett-Packard Co. for a total of $1.5 billion in cash, or $43.50 a share.  The company has also traded 1,429,342 shares this in premarket trading, compared with the average of [...]

Lululemon Doubles Second Quarter Profit, Stock Rising

Lululemon Athletica inc. (NASDAQ: LULU) released second quarter earnings yesterday. The Vancouver-based women’s athletic retail company posted a quarterly revenue increase of 56%. Premarket, shares of LULU were up 9.4%, with 31,000 shares traded (average daily volume is 800,000.) The stock, which is currently at $39.53, is trading close to the top of its 52-week [...]

GT Solar Returns After Hard Week

GT Solar International, Inc. (NASDAQ: SOLR) is up $0.19 (2.57%) at 8:35 AM EST this morning in premarket trading to $7.58.  This move comes after a large drop in share prices earlier this week after a stockholder announced the sale of 10 million shares.  Today the company announced they would be selling 11 million more [...]

Skechers Volume Explosion on Stock Implosion (SKX)

Skechers USA Inc. (NYSE: SKX) is getting railroaded today on massive trading volume.  Susquehanna Financial Group cut its analyst rating on the shoe-maker down to “Neutral” from “Positive.” What is amazing is that shares opened positive on the day and then around 1PM EST shares fell of a cliff.  The stock at 2:52 PM EST [...]

Explosive Corinthian Colleges Volume (COCO)

Corinthian Colleges Inc. (NASDAQ: COCO) shares the same crummy fate right now of many for-profit education stocks under fire for government student loan funding and regulation based upon loan default rates and based upon a lack of real job expectations after graduation.  Yet here we sit on an otherwise quiet day with shares up 8% [...]

A Petering-Out in Brocade? (BRCD, DELL, HPQ, PAR, CSCO)

Seven days is enough… Maybe. That is what traders decided today in Brocade Communications Systems, Inc. (NASDAQ: BRCD).  With all of the Dell Inc. (NASDAQ: DELL) and Hewlett-Packard Co. (NYSE: HPQ) action in the 3PAR, Inc. (NYSE: PAR) from the bidding war, Brocade has been thought of as one of the GO-TO takeover names.  After all, [...]

ZymoGenetics Continues Projectory In Premarket

ZymoGenetics, Inc. (NASDAQ: ZGEN) skyrocketed this morning in premarket trading after it was announced that the company would be purchased by Bristol-Myers Squibb Co. for $885 million.  At 8:35 AM EST the biopharmaceutical company is up 83.58% to $9.73 and has already traded 5,999,021 shares.  This is clearly a huge gain, especially considering the company’s [...]

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 [...]