Enter Goldman Sachs. You can tell the street is bored when all anyone talks about is an op-ed in the NYTimes. A former exec penned an op-ed in which he scathingly critiqued the people and the culture of Goldman Sachs. Pretty sure we saw this with the Matt Taibbi piece but hey, nice to have a confirmation.
Here’s where the major indexes stand at this time: The Dow is up 8 points , the Nasdaq is down 3 and the S&P 500 is off 3 points.
Stocks to Watch
Federal Signal Corporation (NYSE:FSS) is up 23.73% this afternoon at $5.67. FSS has traded 1.1 million shares so far today, well above its daily average of 334 thousand shares. Federal Signal announced fourth quarter results earlier this morning. The company missed by $0.01 on EPS, but beat estimates on revenue. The company has a market cap of 347.30 million.
Rubicon Technology, Inc. (NASDAQ:RBCN) is up 13.77% today at $10.66. RBCN has traded 1.3 million shares so far today, more than double its average volume. RBCN has jumped about $2 a share since last Tuesday. The company has a market cap of 240.50 million.
FXCM Inc. (NYSE:FXCM) is up 11.05% today at $11.66. FXCM is up on heavy volume today with 1.5 million shares traded, 7 times its average volume. FXCM announced fourth quarter results this morning and beat Wall Street estimates. Adjusted pro-forma EPS for the fourth quarter was $0.28 per share, beating estimates of $0.17 per share. Revenue for the fourth quarter jumped 13% to $108.8 million. The company has a market cap of 179.19 million.
Francesca’s Holdings Corporation (NASDAQ:FRAN) is up 11.54% this afternoon at $29.87. FRAN has traded 2.8 million shares so far today, 8 times its average volume. FRAN shares are rallying today on the company’s outlook and raised targets by 3 brokerages. FRAN also posted strong fourth quarter profits above estimates on Tuesday. The company has a market cap of 1.30 billion.
AVI BioPharma, Inc. (NASDAQ:AVII) is up 12.93% today at $1.31. AVII has traded 3.6 million shares so far today, well above its daily average of 846 thousand shares. AVII shares have jumped about $0.30 in the past week. The company has a market cap of 176.45 million.
Radian Group Inc. (NYSE:RDN) is up 4.79% today at $4.1650. RDN has traded 4.9 million shares so far today and trades 6.4 million shares a day on average. RDN shares have rallied $0.60 in the week. The company has a market cap of 554.54 million.
SunTrust Banks, Inc. (NYSE:STI) is up 3.14% this afternoon at $23.29. STI is trading above average volume today with 20.1 million shares traded, twice its average volume. STI shares are up today after the bank said it would beat first quarter analyst estimates. Analysts are expecting SunTrust to report first quarter earnings of $0.30 a share. The company has a market cap of 12.45 billion.