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Evergreen Solar Rises On Analyst Upgrade
7/2/2009 10:19:59 AM Boosted by positive analyst comments, Evergreen Solar Inc. (ESLR) gapped open Thursday and has continued to rise steadily through the first 45 minutes of the session.
The stock is trading at $2.50, up 35 cents on the day. This has taken the stock above a recent trading range and to a 2-week high.
JP...
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Sepracor Falls On Disappointing Drug Trial
7/2/2009 9:45:07 AM Sepracor, Inc. (SEPR) gapped open sharply lower on Thursday and has continued to fall in the first few minutes of trading. The slide has come on strong volume.
The stock is now trading at $14.43, down $3.48 on the session. The decline takes the stock off a multi-month high reached on Wednesday,...
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Harbin Electric Added To Gains Wednesday, Set New Yearly High
7/2/2009 9:16:19 AM Harbin Electric Inc. (HRBN) traded to the upside during the first hour of Wednesday's session and took out the highs of the day late in the afternoon. Shares finished up by $1.29 at $16.93.
Harbin Electric Inc. has been rising for over a week and closed Wednesday at a new high for the year.
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General Mills Rose Wednesday On Earnings, Reached Multi-Month High
7/2/2009 9:14:51 AM General Mills Inc. (GIS) reported fourth quarter EPS of $0.86 Wednesday morning, up from the $0.73 reported last year. The consensus estimate was for EPS of $0.80. The company expects to report full year 2010 EPS between $4.20 and $4.25.
General Mills Inc. gapped up sharply Wednesday and climbed during...
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Oshkosh Gained Ground Wednesday On Military Order
7/2/2009 8:51:12 AM Oshkosh Corp. (OSK) announced after the close Tuesday that it received an initial delivery order from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command for 2,244 MRAP All Terrain Vehicles, valued at $1.05 billion.
Oshkosh Corp. gapped open sharply higher Wednesday,...
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Ball Advanced Wednesday Following News It Will Acquire Facilities
7/2/2009 8:50:10 AM Ball Corp. (BLL) announced Wednesday morning that it signed a definitive agreement to acquire four Anheuser-Busch InBev packaging plants in the U.S. for $577 million. The deal is expected to close at the end of the year or early in the first quarter of 2010 and be accretive to Ball's earnings and cash...
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Portfolio Recovery Associates Climbed Above Range Wednesday, Set Multi-Month High
7/2/2009 8:48:48 AM Portfolio Recovery Associates (PRAA) posted gains during the first half hour of trade Wednesday, but was range-bound for the remainder of the session. Shares finished higher by $1.71 at $40.44 on above average volume.
Portfolio Recovery Associates climbed above a 2 1/2 month trading range Wednesday...
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Myriad Genetics Dropped Wednesday On Q4 Forecast
7/2/2009 8:47:39 AM Myriad Genetics Inc. (MYGN) announced after the close Tuesday that based on preliminary estimates, it expects to report total molecular diagnostic revenue of approximately $86 million for the fourth quarter and approximately $326 million for the full year 2009.
Myriad Genetics Inc. gapped down sharply...
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CardioNet Fell Wednesday On Earnings News
7/2/2009 8:46:06 AM CardioNet Inc. (BEAT) lowered its full year 2009 revenue guidance to between $156 million and $160 million. The company now anticipates EPS of between $0.30 and $0.35 for the year. The consensus estimate is for EPS of $0.66.
CardioNet Inc. gapped open sharply lower Wednesday, but traded in a narrow...
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Schweitzer-Mauduit Added To Highs Wednesday
7/2/2009 8:44:21 AM Schweitzer-Mauduit International (SWM) rose sharply in the first half hour of trade Wednesday, but was range-bound for the remainder of the session. Shares finished up by $1.74 at $28.95 on above average volume.
Schweitzer-Mauduit International has been climbing for the last week and finished Wednesday...
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Del Monte Foods Extended Upward Trend Wednesday
7/2/2009 8:42:45 AM Del Monte Foods (DLM) climbed throughout the first hour of trade Wednesday, but was range-bound for the remainder of the session. Shares finished higher by $0.22 at $9.60.
Del Monte Foods has been on an upward trend for the last 3 weeks and closed Wednesday at a new high for the year.
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Teva Rose Wednesday On FDA Decision, Extends High
7/2/2009 8:41:29 AM Teva Pharmaceutical Industries (TEVA) announced early Wednesday morning that the FDA granted approval to market Tri-Lo Sprintec, a generic version of Ortho McNeil Janssen's oral contraceptive, Ortho Tri-Cyclen Lo.
Teva Pharmaceutical Industries rose during the first hour of trade Wednesday and finished...
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SYNNEX Climbed Wednesday On Earnings News
7/2/2009 8:39:32 AM SYNNEX Corp. (SNX) reported second quarter EPS of $0.57 after the close Tuesday, which topped the consensus estimate of $0.48. The company expects to report third quarter EPS of $0.58 to $0.61, compared to the consensus estimate of $0.51.
SYNNEX Corp. gapped open higher Wednesday and climbed until...
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STEC Inc. Broke Above Range Wednesday, Set New Yearly High
7/2/2009 8:37:38 AM Shares of STEC Inc. (STEC) climbed during the first 2 hours of Wednesday's session, but gave back some of its gains around the middle of the afternoon. The stock finished higher by $2.30 at $25.49.
STEC Inc. has experienced a sharp increase in both trading volume and share price since the company...
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Medtronic Inc. Is Climbing After The Bell
7/1/2009 5:28:52 PM Medtronic Inc. (MDT) dipped in early trade Wednesday, but settled into a range for the bulk of the session. Shares closed down by 0.18 at $34.71.
Medtronic Inc. is now trading higher by 0.69 on 152K shares after the bell Wednesday.
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Tibco Software Inc. Is Heading Higher After The Bell
7/1/2009 5:20:37 PM Tibco Software Inc. (TIBX) climbed until around mid-morning Wednesday, before settling into a narrow range. The stock finished up by 0.21 at $7.38.
Tibco Software Inc. is now trading higher by 0.62 on 79K shares after the close Wednesday.
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DemandTec Inc. Is Climbing Following Q1 Report
7/1/2009 5:03:08 PM DemandTec Inc. (DMAN) reported break-even first quarter earnings after the close Wednesday, down from the $0.03 posted last year. The consensus estimate was for an EPS loss of $0.02. The stock is now trading higher by 0.69 on 17K shares.
DemandTec Inc. was range-bound for the majority of Wednesday's...
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Life Technologies Corp. Is Down In After Hours Trade
7/1/2009 4:56:41 PM Life Technologies Corp. (LIFE) traded steadily to the downside until around 1:30PM Wednesday, but settled into a range for the remainder of the afternoon. The stock closed lower by 0.97 at $40.75.
Life Technologies Corp. has been pulling back since the beginning of the week and is now trading lower...
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Illumina Inc. Is Losing Ground On Guidance News
7/1/2009 4:52:09 PM Illumina Inc. (ILMN) announced after the close Wednesday that it now expects to report second quarter revenues of $161 million, down from prior expectations of $168 million to $173 million. The company also reset its full year 2009 revenue guidance to the original range it provided entering the year...
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Jazz Pharmaceuticals Inc. Has Broken Out Of Today's Range
7/1/2009 10:41:26 AM Jazz Pharmaceuticals Inc. (JAZZ) has been moving in a narrow range since the open Wednesday. The stock has risen higher in the last 10 minutes on increased volume and is now up 0.27 at $3.97.
Jazz Pharmaceuticals Inc. has been trading in a range for the last 3 weeks and may encounter resistance around $4.50.
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