PRICE/EVENT ALERT: Smith & Nephew (SNN)
Shares of Smith & Nephew plc (NYSE: SNN) are trading up this morning on a day where many other stocks are trading lower. Shares are up almost 3% at $59.29 right after the open (9:45 AM EST) on only about 12,000 shares. There is some light chatter (again) that a larger medical devices company in [...]
Massive Volume Surge: SPRINT NEXTEL (S)
There has been a monster volume surge in shares of Sprint Nextel Corp. (NYSE: S). The talk is out that Sprint has decided to cancel its major securities sale. The firm took a hit with earnings when it said it was going to do a large preferred securities sale and short sellers were very active [...]
OPTIONS SPIKE: Anheuser-Busch (BUD)
Anheuser-Busch Companies Inc. (NYSE: BUD) is suddenly seeing some unusual options activity in late morning trade. We saw some elevated trading earlier but over the last 90 minutes the trading in current run JUNE 2008 call options volume is running. It isn’t highly unexpected considering all of the InBev rumors that have been ongoing regarding [...]
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