NASDAQ:HGSI

Futures on Edge As Greek Talks Stall. Stocks to Watch: CSTR, S, BPAX, BAC, YUM, BMTI, HGSI

February 7, 2012 By Leave a Comment

Another day, more Greek talks. In what has become more annoying than a pop song playing endlessly on the radio, Greek debt talks are continuing today. If the past is any indication for the future here’s how it will play out: First, an unfounded rumor that there might be a deal. Second, an actual fact based report that yep, still no deal. Rinse and repeat. Until they figure out this is completely unsustainable and Greece exits the EU.

Futures are edging lower on this long running saga. Dow futures are currently off 17 points to 12,759. The Nasdaq 100 futures are following that lead, down 7.50 points to 2,518. S&P 500 futures are rounding out the slight decline, off 3.50 points to 1,335.50.

In episode 835 of the Greek soap opera, you have the Greek officials pushing back against austerity measures. Their fear is that anymore cuts will lead to further social unrest. On the other side you have the IMF and EU demanding further budgetary action for the second round of bailout money. This all leads to the drop-dead point in march in which Greece will default without the money.

The fear with a Greece default is that somehow this has been priced into the market and will not act as a contagion. Of course that ignores systemic budgetary issues across the whole of Europe and more than likely is way too rosy of prediction.

Domestically all eyes will be on the Bernanke testimony in front of the Senate Budgetary Committee. Expect the normal grandstanding by the Senators mixed with Bernanke saying the same thing he said last week. CNBC will be on hand to tell you what he meant by ‘is’ so it should be a fun watch.

In commodities oil continues its slow fall. Nymex futures are off another 63 cents today down to the $96 level.

Stocks to watch today include Coinstar Inc. (NASDAQ:CSTR), Sprint Nextel Corporation (NYSE:S), BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX), Bank of America Corp (NYSE:BAC), Yum! Brands, Inc. (NYSE:YUM), BioMimetic Therapeutics, Inc. (NASDAQ:BMTI) and Human Genome Sciences (NASDAQ:HGSI).

Coinstar, Inc. (NASDAQ:CSTR) is up 17.54% in pre market trading at $59.52. CSTR shares are rallying after the company announced fourth quarter earnings. Coinstar reported EPS of $1 a share on $520 million in revenue, estimates were $0.65 a share on $498 million in revenue. Verizon and Redbox are also teaming up for a joint DVD, streaming service to take on Netflix. The company has a market cap of 1.53 billion.

Sprint Nextel Corporation (NYSE:S) is up 3.66% in pre market trading at $2.55. Sprint announced this morning it is partnering with Orange Business Services to provide Sprint with global machine to machine connectivity outside the U.S. S shares are up $0.40 a share since last Wednesday. The company has a market cap of 7.37 billion.

BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is up 10.48% in pre market trading at $1.16. BPAX shares have been trending higher since mid December when shares fell from $2.50 to $0.50 after an after hours announcement of the company’s disappointing LibiGel phase III results. The company has a market cap of 115.51 million.

Bank of America Corporation (NYSE:BAC) is down 0.25% in pre market trading. BAC shares are slightly lower this morning as the market is set to open a little lower on Greek fears. BAC will remain in a bit of a holding pattern until something in the market happens. Whether in Greece, or news closer to home. The company has a market cap of 83.97 billion.

Yum! Brands, Inc. (NYSE:YUM) is up 2.23% in pre market trading at $64.60. YUM shares are up this morning after posting strong fourth quarter profit yesterday. EPS came in at $0.75, beating estimates of $0.74. The big gains for Yum come thanks to China growth beating expectations. The company has a market cap of 29.10 billion.

BioMimetic Therapeutics, Inc. (NASDAQ:BMTI) is up 10.24% at $2.26. BioMimetic announced yesterday the results of its Canadian augment rotator cuff graft clinical trial. They said the product “achieved its primary safety endpoint.” The company has a market cap of 57.51 million.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is up 2.88% in pre market trading at $11.08. HGSI shares are up more than $1 since Friday. The stock has traded 50 thousand shares this morning and trades 6.3 million shares a day on average. The company has a market cap of 2.14 billion.

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Active Stocks In Midday Trading: FTR, CSCO, RIMM, HGSI, EMN, UAL

January 27, 2012 By Leave a Comment

Stocks are slipping in midday trading as GDP numbers came in lower than expected. The economy grew at a 2.8% annual rate in the last three months of the year. Economists were expecting 3% growth. Inventory stockpiling accounted for 1.9% of the GDP in the fourth quarter.If you take that out, the economy only grew at 0.8%. The Dow is currently down 83 points, the Nasdaq is up 5 points and the S&P 500 is down 4 points.

Frontier Communications Company (NASDAQ:FTR) is down 5.15% in midday trading at $4.23. FTR has traded 38.7 million shares so far today, about double its daily average. FTR shares are down about 20% on the year. The company has a market cap of 4.23 billion. Check out one of the best swing traders on the street.

Cisco Systems, Inc. (NASDAQ:CSCO) is down 1.26% today at $19.56. CSCO has traded 27.9 million shares so far today and trades 47.4 million shares a day on average. CSCO shares are dipping a little bit today as the overall market looks weak right now. The company has a market cap of 105.10 billion.

Research In Motion Limited (NASDAQ:RIMM) is up 2.65% in midday trading at $16.70. RIMM has traded 14.1 million shares today and trades 24.4 million shares a day on average. RIMM shares have been bouncing back the past few days after falling more than $2 a share earlier this month. The company has a market cap of 8.62 billion.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is up 8.61% today at $10.60. HGSI has traded 7.5 million shares so far today, 1 million shares more than its daily average. HGSI shares are up more than $3 a share since the start of the year. The company has a market cap of 2.08 billion. Check out one of the best swing traders on the street.

Eastman Chemical Company (NYSE:EMN) is up 4.90% in midday trading at $49.44. EMN has traded 10.8 million shares right now, well above its daily average of 1.6 million shares.EMN shares are up today after the company bought Solutia for $3.4 billion. The company has a market cap of 6.78 billion.

United Continental Holdings (NYSE:UAL) is up 6.36% today at $23.08. UAL has traded 10.5 million shares today, 80% more than its daily average. UAL shares are up today after the company posted fourth quarter results that beat surpassed analysts expectations. The company has a market cap of 7.64 billion.

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US Futures Continue Their Bullish Streak. Stocks to Watch: NFLX, NOK, AMZN, HGSI, SIRI, T, CAT

January 26, 2012 By Leave a Comment

Futures are trending higher as reaction to the Fed’s comments continued over into today. Netflix’s beat on earnings yesterday is also helping to prop up the market that is looking to extend its run. Dow futures are currently up 52 points to 12,740. Nasdaq 100 futures are following suit, up 4.75 points to 2,465. The S&P 500 futures are up a modest 4.50 points to 1,324.75.

The economic data calendar is stacked today with multiple reports set to be released at 8:30am EST. These include jobless claims, durable goods and the Chicago Fed national activity numbers. Consensus expectations are that the jobless claims will come of their low of last week and settle around 373k. This would still keep the downward trend, seen since September, intact. Check out one of the best swing traders on the street.

At 10am, new home sales and leading indicators for December will be released.

Yesterday’s Fed announcement is helping to underpin the global rally. The issue here is that it provides fuel for both bulls and the bears. For the bulls the era of free money is still alive and kicking. For the bears, the continuous flow of cheap money and ‘printing’ signals to them an incoming depression.

Europe was enjoying a break from the headlines with the Fed announcement. Major indices in the EU are rallying off the Fed keeping rates low into 2014. Their issues still remain and it looks like another one is creeping up. The Greek issue is still outstanding and it looks like creditors are creating their own red line.

Outside of Greece a new problem is creeping up. Portugal. Looking at bond yields you would be forgiven if you thought the chart was a Greek on. Today the 10 year passed 15%. Obviously this makes their debt servicing unsustainable and it will not be long until you hear the clamoring for a bailout in one of the poorer EU countries.

Stocks to watch today include Netflix Inc. (NASDAQ:NFLX), Nokia Corp. (NYSE:NOK), Amazon, Inc. (NASDAQ:AMZN), Human Genome Sciences (NASDAQ:HGSI), Sirius XM Radio Inc. (NASDAQ:SIRI), AT&T Inc. (NYSE:T) and Caterpillar, Inc. (NYSE:CAT)

Netflix, Inc. (NASDAQ:NFLX) is up 18.40% in pre market trading at $112.50. NFLX shares are jumping this morning. Netflix saw profit fall in the fourth quarter by 13%, but beat analysts’ estimates. The company earned $0.73 per share on $876 million in revenue. Estimates were at $0.54 pe share on revenue of $596 million. Netflix lost 2.76 million domestic DVD customers as users move toward the streaming model. The company has a market cap of 4.99 billion.

Nokia Corporation (NYSE:NOK) is up 4.55% today at $5.50 in early trading this morning. NOK announced fourth quarter results just a short time ago. Nokia posted a fourth quarter loss of $1.38 billion with smartphone sales plunging 23%. The company sold well over a million devices in their new Lumia line which investors saw as positive news. NOK trades on average 30.4 million shares a day and has a market cap of 19.55 billion. Check out one of the best swing traders on the street.

Amazon.com, Inc. (NASDAQ:AMZN) is up 0.53% in pre market trading at $188.79. AMZN shares are up more than $10 in the past 10 days. Following Netflix’s stellar fourth quarter, it’s looking more likely that Amazon will offer its own stand alone streaming service. AMZN trades 6.3 million shares a day on average and has a market cap of 85.40 billion.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is up 1.31% in pre market trading at $10.05. HGSI shares are up around $3 on the year so far as investors look forward to see if the company’s lupus drug gets approved later this year. The company has a market cap of 1.97 billion.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up nearly 1% in pre market trading at $2.10. SIRI has maintained its recent gains after reporting a jump in subscribers earlier this year. Shares are up more than $0.20 on the year. SIRI trades 54.9 million shares a day on average and has a market cap of 7.80 billion.

AT&T Inc. (NYSE:T) is down 2.02% in pre market trading at $29.60. T shares are down thi morning after the company posted a fourth quarter net loss of $6.68 billion or $1.12 per share. Revenue rose 3.6% to $32.5 billion. AT&T saw smartphone activations increase nearly 60% from the same quarter last year including 7.6 million iPhone activations. The company has a market cap of 179.02 billion.

Caterpillar, Inc. (NYSE:CAT) is up 2.44% in pre market trading at $111.99. CAT shares are rising after the company released fourth quarter results. EPS came in at $2.32 per share, beating estimates by $0.55 per share. Revenue rose 34.6% year over year to $17.24 billion. CAT trades 7.9 million shares a day on average and has a market cap of 70.51 billion.

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Early Stock Gainers As Overall Market Looks Weak: LCC, TXT, CA, HGSI, AFFX, DAL

January 25, 2012 By Leave a Comment

Most of the market is looking weaker this morning with the exception of the Nasdaq, which is being propped up by Apple. Apple released its earnings yesterday and blew away Wall Street estimates. The Dow and S&P are both negative as the overall market falls on poor home sales news. Pending home sales fell more than expected in December, with a 3.5% drop. Analysts were expecting a 1% drop. As always, Europe continues to be one of the contributing causes to any market pull back as the debt crisis in that region continues. The Dow is currently down 81 points, the Nasdaq is up 6 points and the S&P 500 is down 4 points.

US Airways Group, Inc. (NYSE:LCC) is up 15.44% today at $7.41. LCC shares are rallying after US Airways earnings beat Wall Street’s expectations. Excluding charges, US Airways earned $0.13 per share in the fourth quarter, well above analysts’ estimates of $0.02 per share. Revenue jumped 9% to $3.16 billion. The company would have earned even more if not for soaring fuel prices. LCC has traded 8.6 million shares so far today, 2 million shares more than its daily average. The company has a market cap of 1.19 billion. Check out one of the best swing traders on the street.

Textron Inc. (NYSE:TXT) is up 14.39% this morning at $24.72. TXT has traded 7.7 million shares so far today, close to double its daily average. Textron posted a fourth quarter loss today, but shares rose on the company’s outlook. The company expects 2012 profit from continuing operations to be between $1.80 and $2 per share. Analysts had estimated around $1.66 per share. The company has a market cap of 6.90 billion.

CA Inc. (NASDAQ:CA) is up 9.96% in early trading at $25.10. CA has traded 8.5 million shares so far today, about triple its daily average volume. CA shares are climbing after reporting its fiscal third quarter results. The company also announced it will increase its annual dividend five times to $1. Earnings rose 32% in the fiscal third quarter. The company has a market cap of 12.37 billion.

Human Genome Sciences, Inc. (NASDAQ:HGSI) is up 5.81% today at $9.66. HGSI has traded 5.7 million shares so far this morning and trades 6.6 million shares a day on average. HGSI shares are up more than $2 a share since the start of the new year. The company has a market cap of 1.94 billion.

Affymetrix, Inc. (NASDAQ:AFFX) is up 4.84% this morning at $4.99. AFFX has traded 1.4 million shares today, 50% more volume than it trades on average. AFFX shares are seeing a slight boost today following the Roche deal to buy Illumina. The company has a market cap of 357.30 million. Check out one of the best swing traders on the street.

Delta Air Lines Inc. (NYSE:DAL) is up 8.26% today at $10.15. DAL has traded 13.1 million shares so far today, 2 million shares more than its daily average. DAL shares are up after the company saw a 44% jump in profits. Revenue was up 11% at $35.1 billion with EPS of $1.01. The company has a market cap of 8.51 billion.

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End of Day Movers: LDK, HGSI, AONE, DXCM, UNTK, QCOR, COG, JBLU

January 11, 2012 By Leave a Comment

LDK Solar Co., Ltd. (NYSE:LDK) is up 19.02% in the last hour of trading at $5.57. LDK is up on heavy volume today with 6 million shares traded, three times its average volume. LDK has followed the rest of the solar sector up today on stabilizing panel prices and increased demand. The company has a market cap of 716.57 million.

Human Genome Sciences Inc. (NASDAQ:HGSI) is up 17.56% in afternoon trading at $9.43. HGSI has traded nearly 18 million shares today, well above its daily average of 1.86 billion. HGSI shares are jumping today after the CEO of GlaxoSmithKline described the relationship between the two companies as ‘very happy’. The company has a market cap of 1.86 billion.

A123 Systems, Inc. (NASDAQ:AONE) is up 12.68% today at $2.40. AONE is up today on double its average volume with 4 million shares traded. A123 Systems congratulated BMW on the launch of ActiveHybrid 5 and 3. The company provides the lithium ion battery for both vehicles. The company has a market cap of 305.11 million.

DexCom, Inc. (NASDAQ:DXCM) is up 14.45% in late day trading at $10.14. DXCM has traded 1.3 million shares so far today, close to double its daily average volume. DXCM shares are up today despite the stock being downgraded by MLV & Co. The company has a market cap of 681.18 million.

UniTek Global Services, Inc. (NASDAQ:UNTK) is down 25.60% with about 30 minutes left till the close. UNTK is trading at $3.3850 and has traded 1.6 million shares so far today. That is way above its daily average of just 46 thousand shares. UNTK shares fell today after the CEO of the company resigned. The company has a market cap of 55.40 million.

Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is down 13.91% today at $35.80. QCOR has had heavy selling volume today with 12.5 million shares traded, it usually trades 1.1 million shares daily. The company has a market cap of 2.25 billion.

Cabot Oil & Gas Corporation (NYSE:COG) is down 11.04% this afternoon at $69.92. COG has traded 5.2 million shares so far today and trades 2.1 million shares a day on average. COG’s decline comes as natural gas hit a 28 month low today. The company ha a market cap of 7.31 billion.

JetBlue Airways Corporation (NASDAQ:JBLU) is down 4.39% at $5.66. JBLU is down on large volume with 20.1 million shares traded today, four times its normal volume. JBLU announced preliminary traffic results for December earlier today. Traffic increased 14.3% year over year with capacity increasing by 17.1%. The company has a market cap of 1.67 billion.

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10 Value Stocks Under $10 – TEAR, AFFY, FRO, LYG, THC, RDN, BAC, S, HGSI, HBAN

December 5, 2011 By Leave a Comment

Stocks are continuing their rally from last week as European leaders began getting plans together at a meeting between French and German leaders. French President Nicolas Sarkozy and German Chancellor Angela Merkel discussed forging closer economic and political ties between euro nations. The two leaders also want tighter control on euro nation’s budgets to prevent debt problems that Greece, Italy and other countries are having. The major indices are up over 1% this morning with the Dow up 159 points, the Nasdaq up 45 points and the S&P up 21 points.

Here’s ten stocks under $10 rallying alongside the stock market.

TearLab Corporation (NASDAQ:TEAR) is up 57.26% at $1.95 this morning. TEAR has traded 353 thousand shares so far today, way above its daily average of 11 thousand shares. TEAR is up today after the FDA grants the company’s petition for a waiver under CLIA for the TearLab(R) Osmolarity System. “This marks the achievement of our third and final major milestone,” commented Elias Vamvakas, TearLab’s Chief Executive Officer. TearLab Corporation has a market cap of 38.79 million.

Affymax, Inc. (NASDAQ:AFFY) is up 20.38% at $6.32 this morning. AFFY has traded 2.3 million shares so far today, 4 times its daily average volume. Affymax is rallying today after the FDA said the company’s experimental anemia medicine works as well as approved drugs for patients with chronic kidney disease. Affymax, Inc. has a market cap of 228.31 million.

Frontline Ltd. (NYSE:FRO) is up 18.42% at $3.60 this morning. FRO has traded 1.3 million shares so far today and trades 2.6 million shares a day on average. Over the past 5 trading sessions, FRO has jumped nearly $1 a share. Frontline Ltd has a current market cap of 280.29 million.

Lloyds Banking Group (NYSE:LYG) is up 10.53% at $1.68 this morning. LYG has traded 1.7 million shares so far today and trades 4.2 million shares a day on average. LYG is up $0.30 over the past five trading sessions. Banking stocks have been on a tear the past week or so after last week’s central banks action which lowered borrowing rates for banks. Lloyds Banking Group has a market cap of 29.31 billion.

Tenet Healthcare Corp. (NYSE:THC) is up 11.12% at $4.6450 this morning. THC has traded 2.7 million shares so far today, and trades 10.8 million shares a day on average. THC is bouncing back today after selling off late Friday. Tenet Healthcare has a market cap of 2.02 billion.

Radian Group Inc. (NYSE:RDN) is up 8.04% at $2.42 this morning. RDN has traded 1 million shares so far today and trades on average 5.4 million shares a day. Radian Group has rebounded the last three trading sessions after having a big sell off last Tuesday. RDN has a current market cap of 322.34 million.

Bank of America Corporation (NYSE:BAC) is up 4.17% at $5.88. BAC has traded 94 million shares so far today and trades 271 million shares a day on average. BAC has been steadily going up for the past week now after last week’s major rally following the coordinated central banks’ actions. Bank of America has a market cap of 59.51 billion.

Sprint Nextel Corporation (NYSE:S) is up 0.58% this morning at $2.6150. S has traded 10.9 million shares so far today and trades 62.2 million shares a day on average. S stock rose nearly $0.40 a share last week to $2.80, but has since come back down and is up slightly today. Sprint has a market cap of 7.85 billion.

Human Genome Sciences Inc. (NASDAQ:HGSI) is up 1.85% at $7.71 this morning. HGSI has traded 3.8 million shares this morning and should pass its daily average volume of 6.1 million shares later today. HGSI has moved up $0.70 a share over the past five trading sessions. Human Genome Sciences has a market cap of 1.55 billion.

Huntington Bancshares Inc. (NASDAQ:HBAN) is up 2.11% at $5.32 this morning. HBAN has traded 2.9 million shares so far today and trades 16.1 million shares a day on average. HBAN has followed all the other financial stocks over the past week and has seen gains of more than $0.50 a share in about a week. HBAN has a current market cap of 16.1 million.

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