Volume Spike Investor

LM Ericsson Telephone Co. (ERIC) is down almost 3% at $10.97 on over 100,000 shares as of 8:35 AM EST.  The stock was downgraded at BofA/ML and at Goldman Sachs.  The 52-week range is $7.62 to $11.33 and the average volume is over 6 million shares. CIT Group, Inc. (NYSE: CIT) is trading up despite [...]

The rumor mill is back.  It is also tiring.  Today we had two gainers seen in General Growth Properties Inc. (NYSE: GGP) and in Harley-Davidson, Inc. (NYSE: HOG).  Details on each are as follows, along with unofficial closing bell levels. General Growth Properties Inc. (NYSE: GGP) just spiked at the end of the trading day [...]

Harley-Davidson Inc. (NYSE: HOG) has seen a major move today after announcing a $600 million bond offering.  The unsecured debt sale was probably fine on its own, but it was disclosed that Warren Buffett via Berkshire Hathaway Inc. is taking down part of the offering.  The rates are high here, but that is often what [...]