Volume Spike Investor » WBSN

Websense Volume Spike Alert: M&A Rumor (WBSN)

247admin — Wed, 16 Mar 2011 17:51:43 +0000

Websense, Inc. (NASDAQ: WBSN) just saw a major volume spike on WSJ reports that the company is now exploring a sale. The online monitoring and security company saw shares pop on major volume.

At 1:47 PM EST we have shares up 9.5% at $22.37 on more than 1.77 million shares versus an average daily volume of about 420,000 shares.

Its 52-week trading range is $17.03 to $27.96 and the market cap here is north of $910 million. Thomson Reuters has estimates of $1.51 EPS and $363.35 million in revenues for 2011.

As with all M&A news leaks, these should be considered rumor until there is proof of a deal in the works.

JON C. OGG

After-Hours Gappers (JNPR, CSCO, WBSN, BBBY, BIIB, AA, MOS)

247admin — Tue, 07 Apr 2009 22:13:54 +0000

These are the stocks we are seeing trading up or down in the after-hours session this Tuesday evening:

Juniper Networks, Inc. (JNPR) preliminary guidance of $760 to $765 million in revenues, down from prior range of $800 to $830 million; but earnings now seen as $0.16 to $0.17 rather than $0.15 to $0.17 EPS. Shares were up over 10% but were up 6.6% to $16.65 late in a.h. session.

Cisco Systems, Inc. (CSCO) is up 2% on Juniper secondary-tertiary trader ties, despite Cisco doing 10-times JNPR revenues.

Websense (NASDAQ: WBSN) rose after guiding earnings to $0.35 to $0.38… we have est’s at $0.30… up over 8% at $14.25 in a.h. session.

Bed Bath & Beyond, Inc. (NASDAQ: BBBY)… 18% drop in earnings, but shares jumped over 10% as the results were still better than what was expected… shares up over 13% to almost $29.00…

Biogen-Idec (NASDAQ: BIIB) was up late today on rumors that Carl Icahn and/or Sanofi-Aventis would be pressing for a deal. Shares rose today by almost 5%, down about 1% in after-hours at $51.80 or so.

Alcoa (NYSE: AA) is all over the place, up down, flat, down… crummy earnings but not as bad as it could have been. -$0.59 EPS on $4.14 billion in revenues vs. estimates at -$0.57 EPS and $4.08 billion in revenues.

Mosaic Co. (NYSE: MOS) posted a profit down to $0.13 EPS on revenues of $1.38 billion; well under estimates. Shares down over 7% to under $40.00.

JON OGG (5:55 PM EST)

Top Pre-Market Gap-Ups (AMGN, BEAV, CNQR, UAUA, WBSN)

247admin — Tue, 29 Jul 2008 12:59:26 +0000

Amgen (AMGN) indicating up 3% more after solid earnings… watch for potential profit taking later in the morning after huge gain yesterday.

BE Aerospace (BEAV) is trading up almost 7% after the company managed to beat earnings and raise guidance despite woes at airline carriers themselves; short covering adding to gains.

Concur Technologies, Inc. (CNQR) gapping up 10% after AmEx partnered with the company and took a 13% equity stake in teh company.

UAL Corp (UAUA) up 6% pre-market on trader talk and on oil prices.

Websense (WBSN) trading up 8% after beating earnings and giving solid guidance as acquisition of SurfControl is working well for the company.

(9:02 AM EST)

JON OGG
JULY 29, 2008