Hot Stocks to Watch: CDZI, SIMG, IDCC, RDN, FTR, MRGE

Wall Street signThe stock market is trading mixed today as investors await today’s Federal Reserve policy announcement. Some stocks saw unusual trading activity this morning with reports pointing to an aggressive algorithmic trading program at Knight Capital Group. Knight Capital did not confirm any problems, but said they were looking into the issue. The New York Stock Exchange announced earlier they were reviewing trades in more than 140 stocks made during the first 45 minutes of trading.

The major stock averages are mixed in early trading with investors taking a wait and see approach ahead of the Fed’s announcement which should happen sometime today. The Dow is up 36 points, the Nasdaq is down 5 points and the S&P 500 is up 3 points. [Read more...]

Nasdaq Stocks Falling Against Today’s Rally: DNDN, IDCC, AFFX, AONE, GRPN, DELL

Floor of the New York Stock ExchangeDendreon Corp. (NASDAQ:DNDN) is down 4.92% today at $7.16. DNDN has traded 2.3 million shares so far today and trades 6.6 million shares a day on average. DNDN shares are trading down today after an analyst says Medivation is a more likely prostate cancer takeover target. The company has a market cap of 1.07 billion. Sign Up For Free Stock Alerts

InterDigital, Inc. (NASDAQ:IDCC) is down 4.81% this morning at $27.68. IDCC has traded 738 thousand shares so far today and trades 868 thousand shares a day on average. IDCC shares are pulling back today after the stock jumped from $23 to $30 yesterday. The company has a market cap of 1.24 billion. [Read more...]

Futures Sharply Negative After NFP Numbers. Stocks to Watch

Wall StreetThe miss in payrolls has Wall Street deep in negative territory in premarket trading. Chinese CPI numbers are also helping fuel the decline as gains in consumer prices accelerated in March. Dow futures are currently down 118 points. Nasdaq futures are off nearly 29 points and the S&P 500 is shedding 15.

While the unemployment level ticked down, the NFP report was a disappointment taken as a whole. Expectations for report were set at 210k jobs created in March. Instead, the number came in at 120k. This marked the first time that the NFP job creation number had been below 200k since November.

Analysts say that the one silver lining to the report is that the QE3 carrot that has been dangling will get a little closer to reality now. No economic data is slated for release, but Ben Bernanke is expected to deliver a speech this evening in Georgia. This will be closely watched to see if he gives an indication about where the Fed might be heading. [Read more...]


TearLab Corporation (NASDAQ:TEAR) is up 31.26% in midday trading at $1.6408. TEAR has traded 357 thousand shares so far today, well above its daily average of 73 thousand shares. TEAR shares are up today after announcing the FDA has now granted Waiver categorization for the TearLab Osmolarity System. The company has a market cap of 32.87 million.

BroadVision, Inc. (NASDAQ:BVSN) continues its rise today jumping another 19.49% at $39.73. BVSN has traded 1.1 million shares so far today, way above its daily average of 132 thousand shares. BVSN shares are up more than 200% since the start of the new year. The company has a market cap of 179.16 million.

Cytori Therapeutics Inc. (NASDAQ:CYTX) is up 14.93% in midday trading at $3.23. CYTX has traded nearly 400 thousand shares already today, 30 thousand more shares than its daily average. CYTX shares are rising today after the company announces the publication of previously reported results from APOLLO trial. The publication reported safety and improvements in cardiac function. The company has a market cap of 175.93 million.

InterDigital, Inc. (NASDAQ:IDCC) is down 18.94% at midday at $36.10. IDCC has traded 8.3 million shares so far today, eight times its daily average. IDCC shares are falling the company said it ended a strategic review and determined the company would not put itself up for sale. The company has a market cap of 1.63 billion.

Ku6 Media Co., Ltd (NASDAQ:KUTV) is down 10.66% today at $1.76. KUTV has traded 414 thousand shares today, more than double its daily average volume. KUTV shares have dropped more than $1.50 a share after the stock doubled earlier this month on news of a YouTube deal. The company has a market cap of 87.84 million.

Uranium Resources, Inc. (NASDAQ:URRE) is down 7.08% today at $1.05. URRE is trading above average volume today with 1.3 million shares traded. URRE is seeing a slight pull back today after jumping more nearly $0.40 a share over the past week. The company has a market cap of 96.33 million.

Nokia Corporation (NYSE:NOK) is down 7.09% today at $5.32. NOK has traded 41.8 million shares so far today, 10 million more than its daily average. NOK shares are falling today after weak results from a key chip supplier. Tim Boddy, a Goldman Sachs analyst, is speculating the company could cut its rich dividend in order to conserve cash. The company has a market cap of 19.74 billion.

After Hours Winners and Losers: PLCM, VMW, WDC, IDCC, CSX, GEL

Polycom, Inc. (NASDAQ:PLCM) is up 8.47% in after hours trading at $19.98. PLCM shares are popping after the company announced fourth quarter results. The company’s adjusted EPS came in at $0.41, beating estimates of $0.29. Revenue for the fourth quarter was $407 million versus $401.2 analysts were expecting. The company has a market cap of 3.26 billion.

VMware, Inc. (NYSE:VMW) is up 5.16% in after hours at $90.44. VMW shares are jumping after the company announced fourth quarter profits climbed 67%. VMware’s revenue jumped up 27% from a year ago. For the first quarter, VMware is expecting revenue of $1.015 billion to $1.04 billion. Wall Street’s estimates are at $1.02 billion. For the entire year of 2012, the company is expecting revenue of $4.475 billion to $4.6 billion, up more than 20% from its previous consensus. The company has a market cap of 36.31 billion.

Western Digital Corporation (NYSE:WDC) is up 4.67% in after hours at $36.33. Western Digital’s fiscal second quarter revenue beat expectations. Adjusted EPS came in at $1.51, more than double Wall Street estimates of $0.71. Revenue came in at $2 billion, beating expectations of $1.84 billion. The company has a market cap of 8.11 billion.

InterDigital, Inc. (NASDAQ:IDCC) is down 15.84% in after hours trading at $37.41. IDCC shares are tanking after the company announced that it no longer expects to find a buyer. Investors were expecting a big deal for the company and have not reacted kindly to this news. The company has a market cap of 2.02 billion.

CSX Corporation (NYSE:CSX) is down 2.16% in after hours at $22.20. CSX saw fourth quarter profits rise 6%. Net income came in just under estimates at $0.43 a share. Analysts were expecting $0.44 a share. CSX Corp also announced it had replaced its COO. The company has a market cap of 23.82 billion.

Genesis Energy (NYSE:GEL) is down 3.47% in after hours trading at $27.80. GEL shares are falling after the company announced 2.25 million common unit secondary offering. The company has a market cap of 2.07 billion.

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