NASDAQ:COCO

Stocks Heading Lower This Afternoon: HNT, VCLK, CALD, COCO, WTW, ATML

Market newsStocks are heading lower this afternoon as weak data from the ISM non-manufacturing report has investors on edge ahead of Friday’s jobs data. Growth in the service sector fell to 53.5 in April from 56.0 in March according to the ISM non-manufacturing report.

There was some good news today as weekly claims for jobless benefits fell 27,000 to 365,000. Economists were expecting claims to fall to 380,000. Tomorrow’s jobs report will be closely watched by everyone on Wall Street. Estimates call for 170,000 new jobs, up from March’s 120,000.

The Dow is currently down 64 points, the Nasdaq is down 34 points and the S&P 500 is down 10 points. [Read more...]

Early Gainers As Market Rallies: COCO, KTCC, AOL, CYT, AZPN, BVSN

Stocks are continuing their rally after having their best January in more than 10 years. The stock market is well into the green this morning thanks to positive manufacturing data from China and Europe. Investors hope these numbers overseas will translate closer to home. The Dow is currently up 129 points, the Nasdaq is up 26 points and the S&P 500 is up 13 points.

Corinthian Colleges, Inc. (NASDAQ:COCO) is up 32.34% today at $4.01. COCO has traded 5.7 million shares so far today, well above its daily average of 1.3 million shares. COCO shares are climbing today after the company released fiscal second quarter earnings. Corinthian Colleges posted a profit in the second quarter and beat Wall Street estimates by $0.03. The company has a market cap of 336.83 million.

Key Tronic Corporation (NASDAQ:KTCC) is up 26.66% this morning at $7.90. KTCC has traded 575 thousand shares so far today, way above its daily average of 36 thousand shares. KTCC shares are bouncing today following the company’s release of second quarter results late yesterday. The company has a market cap of 83.57 million.

AOL Inc. (NYSE:AOL) is up 15.18% today at $18.67. AOL has traded 2.9 million shares so far today, more than double its daily average volume. AOL shares are up today after the company announced fourth quarter results. AOL reported a profit of $0.23 a share, beating estimates of $0.16 a share. The company has a market cap of 1.80 billion.

Cytec Industries Inc. (NYSE:CYT) is up 13.78% today at $56.17. CYT has traded 1.7 million shares already today, triple its average volume. CYT shares are up today as the company beat earnings per share estimates for the fourth quarter. The company has a market cap of 2.70 billion.

Aspen Technology, Inc. (NASDAQ:AZPN) is up 12.94% today at $20.34. AZPN has traded 2.4 million shares so far today, more than 4 times its daily average. AZPN shares are up today after the company beat estimates for its fiscal second quarter results. Aspen beat EPS by $0.11 per share. The company has a market cap of 1.91 billion.

BroadVision, Inc. (NASDAQ:BVSN) is up 22.01% today at $29.23. BVSN has traded 888 thousand shares so far today, well above its daily average of 278 thousand shares. BVSN shares are bouncing back after falling from $35 to around $20. The company has a market cap of 134.01 million.

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