News

Pre Market Winners and Losers for October 9: RSH, BLRX, STM, EW, BIDU, OC

RadioShack Corp. (NYSE:RSH) is up 11.54% this morning at $2.32. RSH has traded about 20 thousand shares in pre market and trades 3.8 million shares a day on average. RSH shares are rallying this morning after Bank of America upgraded the stock to buy with a new price target of $2.50. The company has a market cap of 206.84 million.

BioLineRx, Ltd. (NASDAQ:BLRX) is up 6.60% in pre market trading at $3.23. BLRX trades about 46 thousand shares a day on average. BioLineR reported new analysis of its EAGLE Phase IIb study and shows significantly greater beneficial effect of BL-1020 in patients with schizophrenia. The company has a market cap of 53.34 million. [Read more...]

Futures Flat as Investors Eye Earnings Season, Stocks to Watch: NOK, VRNG, F, AAPL, LLY, NFLX

Earnings season coupled with the IMF sounding the growth alarm has stock futures drifting an hour before the open. Escalating tensions between Turkey and Syria are also causing investors to pause. Alcoa’s earnings after the bell will be the tone setter for the rest of the week. The Dow is slightly negative, while the S&P and Nasdaq are each posting small gains in the pre-market session.

The IMF’s global growth report slashed forecasts for 2012 and 2013. It also included the warnings that growth would further be hampered unless the US gets a hold of the impending fiscal cliff and the EU get its act together in regards to the ever present debt crisis.

Stocks in Europe were edging lower on due to a meeting in Luxembourg by EU finance officials. Some investors are wondering if Spain will submit a formal bailout request today. Most observers think that is unlikely though SPain’s cash position is tenuous at best.

In commodities, gold and oil are both higher in morning trading. Oil is riding the geopolitical tensions out of the middle east and is up a dollar a barrel to just over $90. Gold futures are essentially flat, up ninety cents to %$1776.60 per ounce. [Read more...]

After Hours Winners and Losers for October 8: FCEL, FTK, HPY, EW, AEZS, MM

FuelCell Energy Inc. (NASDAQ:FCEL) is up 3.43% in after hours trading at $0.9112. FCEL shares ended regular trading down about 3% at $0.88 with 414 thousand shares traded. Fuel Cell announced on October 3 they were awarded a $6 million Department of Energy contract to continue development of stationary solid oxide fuel cell power plants. The company has a market cap of 163.58 million.

Flotek Industries Inc. (NYSE:FTK) is up 6.03% in after hours trading at $12.03. FTK traded 1.1 million shares today as it closed regular trading at $11.36. FTK shares have had a rough few days as it has fallen from $13 a share to below $11.50. The company has a market cap of 564.44 million. [Read more...]

Active Stocks in the OTC Market: TAGG, SANP, ACTC, PRTN, STKO, COWI

Stocks continue to trade lower this afternoon as investors are wary over global economic growth and the start of earnings season this week. Alcoa will kick things off on Tuesday and analysts expect the company to break even for the quarter, down from a gain of $0.15/share in the same quarter last year.

The OTC market is home to penny stocks and today has seen a few pump and dumps attracting traders’ attention. Sometimes you will see the occasional legitimate stock in the OTC market, but for the most part manipulation rules here. [Read more...]

Silver Follows Gold Lower on Stronger Dollar, Silver Stocks to Watch: HL, SLW, PAAS, CDE, SVM, EXK

Precious metals are trading lower today as the dollar posts small gains against the euro. The positive jobs market news from last week which saw the unemployment rate drop below 8% has helped strengthen the dollar. As a result, silver and gold prices have taken a hit in the past two days.

Spot silver is currently trading down $0.50 at $34/ounce. [Read more...]

Gold Prices Down Slightly on Stronger Dollar, Gold Stocks to Watch: KGC, ABX, GFI, AUY, IAG, SAND, EGO, NEM

Gold prices are trading slightly lower in midday trading as the U.S. dollar shows strength against the euro. Gold is currently trading about $5 lower at $1,755.70. Last week’s better than expected jobs report has sent the dollar higher which in turn is hurting gold prices. A continuation of good economic news from the U.S. coupled with the eurozone’s continuing struggles could cause gold to go even lower.

Gold stocks are trading mostly lower in midday trading. [Read more...]

GDOT, SFY, DDD, PPC, PPP, ALU, FTK are NYSE Stocks Trending Lower

Green Dot Corporation (NYSE:GDOT) is down 20.08% this morning at $10.27. GDOT has traded 3.3 million shares so far today, well above its daily average of 890 thousand shares. GDOT shares are down today as American Express and Wal-Mart partner up for lower income shopper card. The company has a market cap of 373.59 million.

Swift Energy Co. (NYSE:SFY) is down 5.54% today at $18.08. SFY has traded 305 thousand shares so far today and trades 775 thousand shares a day on average. SFY shares have dropped $3 a share in the past few days after a $150 million senior note debt offering. The company has a market cap of 780.94 million. [Read more...]

Nasdaq Stocks Falling in Early Trading: REGI, PRGS, OCLR, NTSP, UPIP, ARRY

Renewable Energy Group, Inc. (NASDAQ:REGI) is down 21.35% today at $5.60. REGI has traded 498 thousand shares so far today, way above its daily average of 153 thousand shares. REGI shares are falling today after lowering guidance for third quarter. Renewable Energy Group now expects to report a loss of $2 to $7 million, versus a gain of $10 to $15 million. The company has a market cap of 160.83 million.

Progress Software Corp. (NASDAQ:PRGS) is down 12.80% today at $18.73. PRGS has traded 1.2 million shares so far today, four times its daily average. PRGS shares are falling today after the company said its CEO will resign and that revenue may fall. The company has a market cap of 1.19 billion. [Read more...]

Stocks Fall on Global Growth Worries, Stocks to Watch: VRNG, NFLX, KMX, NAV, QLIK, DCTH

Stocks opened lower on Monday as investors continue to worry about the ongoing economic problems in the eurozone and concerns over economic growth in Asia. The World Bank cut their growth estimates for East Asia and said the current slowdown in China could get worse and last longer than analysts have forecasted. Volume will probably be thin today as bond markets are closed for Columbus Day.

Investors will be watching Alcoa closely Tuesday afternoon as the aluminum producer kicks off third quarter earnings season. The major stock averages are down at least 0.3% this morning with the Dow down 40 points, the Nasdaq down 21 points and the S&P 500 down 6 points. [Read more...]

6 NYSE Stocks Trending Lower: LOCK, FTK, ABR, ODP, GNK, TC

LifeLock, Inc. (NYSE:LOCK) is down 7.69% today at $7.56. LOCK has traded 1.8 million shares so far today and trades 8.6 million shares a day on average. Lifelock is having a weak IPO debut after hitting $9 on Wednesday.

Flotek Industries Inc. (NYSE:FTK) is down 6% in midday trading at $12.17. FTK has traded 810 thousand shares so far today, well above its daily average of 660 thousand shares. The company has a market cap of 604.44 million. [Read more...]

Nasdaq Stocks Heading Lower in Midday Trading: CTIC, ZNGA, MRCY, GERN, FSLR, AEZS

Cell Therapeutics, Inc. (NASDAQ:CTIC) is down 23.04% in midday trading at $1.57. CTIC has traded 19.5 million shares so far today, well above its daily average of 1.3 million shares. CTIC shares are getting hit hard today after pricing public offering at $1.40 per share. CTIC shares have dropped more than $1 a share over the past four days. The company has a market cap of 67.20 million.

Zynga, Inc. (NASDAQ:ZNGA) is down 17.23% today at $2.3350. ZNGA has traded 91.8 million shares at midday, 5 times its normal trading volume. ZNGA shares are plummeting today after Zynga lowered its 2012 outlook. The company has a market cap of 1.76 billion. [Read more...]

Jobs Data Sends Market Higher, Hot Stocks: PPP, LPHI, SNSS, XNPT, WETF, PAY

Stocks are up today with the Dow hitting multi year highs thanks to an unexpected drop in the unemployment rate. According to the Labor Department, employers added 114,000 jobs in September with the unemployment rate dropping to 7.8%. This is the first time the unemployment rate has dipped below 8% in nearly 4 years. The jobs number slightly exceeded expectations with economists forecasting 113,000 jobs in September.

The major stock averages are reacting positively to the news with the Dow up 54 points, the Nasdaq up 9 points and the S&P 500 up 5 points. [Read more...]

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