NASDAQ:RAM

Stock Futures Flat as Bristol-Myers Acquires Inhibitex. Stocks to Watch: INHX, AAPL, MSFT, RAM, BAC, NFLX, RF

January 9, 2012 By Leave a Comment

Stock futures are flat this morning as investors brace for the start of corporate earnings season. Alcoa is the first company up and is expected to post a small quarterly loss after the close today. Dow futures are currently up 2 points to 12,311. Nasdaq 100 futures are adding 5.75 points to 2,358. The S&P 500 is adding less than a point in pre-market trading at 1,274.90.

Last week the markets closed red despite a stronger than expected jobs report. The entire global market is still risk averse due to the lack of a united front to solve the sovereign debt crisis in Europe. Today, German PM Merkel and French President Sarkozy are expected to meet in advance of the January 30 EU summit. The goal here is to find common ground to finally address the systemic issues surrounding the health and viability of the EU. Italy and Spain plan bond auctions this week and will be a major test of overall market confidence. Sign Up For Our Free Weekly Newsletter

The markets in Europe are choppy this morning. The Stoxx 600 index is currently flat while European banking stocks are taking it on the chin again. A top decliner is Unicredit once again, as investors are still bearish over beliefs that the bank is not viable. The French CAC 40 Index is up 11 points, while the German DAX is shedding nearly 7. The UK’s FTSE is following the DAX lower, off nearly 9 points.

In Asian trading overnight markets were spurred by report that China may ease its monetary policies to spur growth in the regions. Shanghai and Hong Kong both jumped to sizable percentage gains. Regional markets such as the Australian S&P and the South Koran Kopsi suffered modest losses due the EU worries.

Healthcare stocks will definitely be in focus today after Bristol-Myers announced they were acquiring Inhibitex Inc. for a substantial premium. The $26 a share price represents a 163% premium over the closing price on January 6. Safe to say there are some happy traders this morning.

In commodities trading Nymex crude futures are retreating this morning. Currently they are down 22 cents to $101.56

Stocks to watch today include Inhibitex, Inc. (NASDAQ:INHX), Apple Inc. (NASDAQ:AAPL), Microsoft Corp. (NASDAQ:MSFT), RAM Energy Resources, Inc. (NASDAQ:RAM), Bank of America Corp. (NYSE:BAC), Netflix Inc. (NASDAQ:NFLX) and Regions Financial Corporation (NYSE:RF).

Inhibitex, Inc. (NASDAQ:INHX) is up nearly 150% in pre market trading at $24.60. Over the weekend, Bristol-Myers announced it will acquire Inhibitex for $26.00 per share. The deal totals $2.5 billion and has been approved by the boards of directors of both companies. The company had a market cap Friday of 772.75 million.

Apple Inc. (NASDAQ:AAPL) is slightly in pre market trading at $424.30. AAPL has traded 16 thousand shares so far this morning and trades 11.04 million shares a day on average. AAPL shares have been trending upward since late December when they were trading at around $380 a share. CES gets started this week and a lot of Apple’s competitors will be unveiling their newest products to take on the tech giant. It’ll be interesting to see if any impress enough to threaten Apple or if rival tech companies are still in catch up mode. The company has a market cap of 392.58 billion.

Microsoft Corporation (NASDAQ:MSFT) is up 0.41% in pre market trading at $28.22. MSFT trades 51.74 million shares a day on average. MSFT shares are up nearly $2 a share over the past week. Microsoft will have their CES keynote conference later this evening. People should expect to see more from Windows 8 and their Windows phone. There have even been rumors Microsoft may unveil their next Xbox at CES. The company has a market cap of 236.42 billion.

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 3.90% this morning at $2.93. RAM trades 2.17 million shares a day on average. RAM shares have lost about $0.50 a share since last Tuesday. The company has a market cap of 222.24 million.

Bank of America Corp. (NYSE:BAC) is up 0.65% in pre market trading at $6.22. BAC started the year off with a decent rally last week, moving from $5.50 to a high of $6.25. This rally will greatly depend on the overall market and how it reacts to any major news out of Europe. The company has a market cap of 62.64 billion.

Netflix, Inc. (NASDAQ:NFLX) is up 4.07% this morning at $89.80. NFLX trades 7.06 million shares a day on average. NFLX shares have jumped about $15 since the new year. Netflix announced over the weekend they have launched their service in the UK and Ireland. The company has a market cap of 4.53 billion.

Regions Financial Corporation (NYSE:RF) is up 3.17% in pre market trading today at $4.55. RF has traded 3.3 thousand shares so far today and trades 18.46 million shares a day on average. RF shares rose about $0.30 last Wednesday and Thursday before selling off a little bit on Friday. The company has a market cap of 5.55 billion.

Filed Under: Blog, News, Stocks Tagged With: , , , , , , ,

Pre Market Movers: JAZZ, DNDN, RFMD, FIO, KITD, RAM, VICL

January 6, 2012 By Leave a Comment

Jazz Pharmaceuticals, Inc. (NASDAQ:JAZZ) is up 4.32% in pre market trading at $43.25. JAZZ closed yesterday up 1.64% at $41.46. JAZZ is up this morning after providing a better than expected outlook for 2012. The company has a market cap of 1.75 billion.

Dendreon Corporation (NASDAQ:DNDN) is up 11.58% this morning at $11.84. DNDN jumped nearly 40% yesterday after the company announced higher revenues from Provenge sales. DNDN trades 6.3 million shares a day on average. The company has a market cap of 1.58 billion.

RF Micro Devices, Inc. (NASDAQ:RFMD) is down 18.44% at $4.60 this morning. RFMD has traded 451 thousand shares so far in pre market trading and trades about 7 million shares a day on average. RFMD is falling this morning after they announced third quarter revenue missed. The company has a market cap of 1.57 billion.

Fusion-Io, Inc. (NYSE:FIO) is up 3.24% in pre market trading at $28.40. FIO trades just over 2 million shares a day on average. FIO stock is up nearly $4 a share since last Friday. The company has a market cap of 2.29 billion.

KIT digital, Inc. (NASDAQ:KITD) is up 6.89% this morning at $9.00. KITD is up this morning after announcing positive end of year 2011 update and they strengthened their outlook for 2012. KITD trades 795 thousand shares a day on average. The company has a market cap of 388.63 million.

RAM Energy Resources, Inc. (NASDAQ:RAM) is down 3.64% in pre market trading at $2.91. RAM trades about a million shares a day on average. The company has a market cap of 238.00 million.

Vical Incorporated (NASDAQ:VICL) is down 10.28% in pre market trading at $3.84. VICL has traded 117 thousand shares already this morning and averages 838 thousand shares daily. VICL shares are down this morning after the company announced it intends to offer and sell shares of its stock in underwritten public offering. The company has a market cap of 307.65 million.

Filed Under: Blog, News, Stocks Tagged With: , , , , , ,

Stocks Heading Up In Pre Market Trading: RAM, EGHT, RMBS, FIO, SIRI, MCP

January 3, 2012 By Leave a Comment

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 7.03% in pre market trading at $3.35. RAM trades 1.70 million shares a day on average. RAM steadily trended upward last week moving more than $1 a share. The company has a market cap of 246.67 million.

8×8, Inc. (NASDAQ:EGHT) is up 4.73% in pre market trading at $3.32. EGHT trades 504 thousand shares a day on average. EGHT stock fell about $0.40 last week. Today, 8×8, Inc. announced changes to the board of directors and the promotion of Kim Niederman to President. The company has a market cap of 219.95 million.

Rambus Inc. (NASDAQ:RMBS) is up 8.34% in pre market trading at $8.18. RMBS trades 3.13 million shares a day on average. Rambus updated their fourth quarter revenue guidance this morning. The company now expects revenue of $83 million versus previous guidance of $66 million to $71 million. The company has a market cap of 830.21 million.

Fusion-IO, Inc. (NYSE:FIO) is up 6.61% in pre market trading at $24.20. FIO trades 2.97 million shares a day on average. FIO shares were upgraded to overweight by Morgan Stanley analysts. FIO dropped more than $3 a share last week. The company has a market cap of 2.02 billion.

Sirius XM Radio Inc. (NASDAQ:SIRI) is up 1.65% in pre market trading at $1.85. SIRI trades 46.01 million shares a day on average. SIRI finished last week up slightly at $1.82 after starting the week at $1.80. The company has a market cap of 6.83 billion.

Molycorp, Inc. (NYSE:MCP) is up 3.42% in pre market trading at $24.80. MCP trades 3.84 million shares a day on average. MCP finished last week down more than $4 a share. The company has a market cap of 2.01 billion.

Filed Under: Blog, News, Stocks Tagged With: , , , , , ,

Stocks Heading Higher In Midday Trading: MOSY, LEAP, VOG, ZAGG, RAM, PCS, RENN

December 30, 2011 By Leave a Comment

MoSys, Inc. (NASDAQ:MOSY) is up 42.76% in midday trading at $4.24. MOSY has traded 1.4 million shares so far today, way above its daily average of 88 thousand shares. MOSY shares are up today after patent sale to Tessera for $35 million. The company has a market cap of 161.43 million. Maximize Your Trades With Profitly

Leap Wireless International Inc. (NASDAQ:LEAP) is up 16.14% today at $9.85. LEAP has traded 2.5 million shares so far today, 600 thousand shares more than its daily average. LEAP is up today after rumors it may be acquired by AT&T. The company has a market cap of 761.93 million.

Voyager Oil & Gas, Inc. (AMEX:VOG) is up 13.24% in midday trading at $2.48. VOG has traded 212 thousand shares so far today and 234 thousand shares. The company has a market cap of 143.46 million.

ZAGG Inc. (NASDAQ:ZAGG) is up 9.32% at $7.27 today. ZAGG has traded 1.4 million shares so far today, well above its daily average of 987 thousand shares. ZAGG is bouncing back some today after falling more than $2 a share since last Friday. The company has a market cap of 213.67 million.

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 6.69% in midday trading at $3.03. RAM has traded 3.3 million shares so far today, more than three times its daily average. The company has a market cap of 241.16 million. Maximize Your Trades With Profitly

Metro PCS Communications, Inc. (NYSE:PCS) is up 4.25% at $8.59 today. PCS has traded 1.7 million shares today and trades 4.7 million shares. PCS is up today on rumors of AT&T acquiring them. The company has a market cap of 3.13 billion.

Renren Inc. (NYSE:RENN) is up 3.94% in midday trading at $3.43. RENN has traded 3.3 million shares so far today and trades 3.6 million shares a day on average. RENN has fallen more than 50% since the beginning of November. The company has a market cap of 1.34 billion.

Filed Under: Blog, News, Stocks Tagged With: , , , , , ,

6 Stocks Under $6 Heading Up In Early Trading: MHR, CSA, RAM, DCTH, BPAX, BRCD

December 27, 2011 By Leave a Comment

Magnum Hunter Resources Corp. (NYSE:MHR) is up 14.35% this morning at $5.34. MHR has traded 2.4 million shares so far today and trades 3.6 million shares a day on average. MHR stock is up this morning after the company raised production outlook. The company has a market cap of 725.12 million.

Cogdell Spencer Inc. (NYSE:CSA) is up 9.18% this morning at $4.28. CSA has traded 2.1 million shares today, 7 times its daily average. CSA stock is up today on news that Ventas will acquire the company for $4.25 per share in cash. The company has a market cap of 218.29 milllion. Learn Option Trading The Easy Way

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 10.93% this morning at $2.74. RAM has traded 2.6 million shares so far today, well above its daily average of 548 thousand shares. RAM is continuing to rally after announcing last week they sold majority stake to private company. The company has a market cap of 212.78 million.

Delcath Systems, Inc. (NASDAQ:DCTH) is up 3.51% today at $2.95. DCTH has traded 433 thousand shares so far today and trades 515 thousand shares a day on average. Delcath is up today after announcing agreement with the Frankfurt University Hospital for launch of hepatic CHEMOSAT delivery system in Germany. The company has a market cap of 145.90 million.

BioSante Pharmaceuticals, Inc. (NASDAQ:BPAX) is up 10.18% this morning at $0.5316. BPAX has traded 1.2 million shares so far today and trades 3.4 million shares a day on average. BPAX has been bouncing back the past week or so after the stock plunged after their “female viagra” drug failed late-stage trials. BPAX could also be rallying as traders get ready for an FDA approval decision coming up on February 14, 2012. The company has a market cap of 57.60 million. Learn Option Trading The Easy Way

Brocade Communications Systems, Inc. (NASDAQ:BRCD) is up 5.32% this morning at $5.44. BRCD has traded 1.4 million shares so far today and trades 8.6 million shares a day on average. The company has a market cap of 2.47 billion.

Filed Under: Blog, News, Stocks Tagged With: , , , , ,

5 Stocks Bouncing This Morning: RMBS, RAM, SPWR, TRIP, SD

December 23, 2011 By Leave a Comment

Rambus Inc. (NASDAQ:RMBS) is up 15.44% this morning at $8.45. RMBS has traded 2.4 million shares so far today and trades 2.7 million shares a day on average. Rambus signed a patent licensing deal with Broadcom Inc. and resolved all previous claims related to its technology. Rambus did not disclose any financial details or specifics on which patent technology was part of the deal. The company has a market cap of 940.17 million.

RAM Energy Resources, Inc. (NASDAQ:RAM) is up another 10% today at $2.20. RAM has traded 1.7 million shares so far today, well above its daily average of 337 thousand shares. RAM Energy saw a huge gain yesterday after the company announced it sold majority stake to private company. The company has a current market cap of 174.17 million.

SunPower Corporation (NASDAQ:SPWR) is up 7.18% this morning at $6.27. SPWR has traded 1.4 million shares so far today, more than double its daily average. SunPower is bouncing up today after Total agrees to buy shares at a 50% premium. SunPower has a market cap of 621.08 million.

TripAdvisor, Inc. (NASDAQ:TRIP) is up 5.18% today at $25.80. TRIP has traded 650 thousand shares so far today and trades 1.5 million shares a day on average. TRIP is bouncing back today after falling from $30 a share on Wednesday. TripAdvisor has a market cap of 3.22 billion.

SandRidge Energy, Inc. (NYSE:SD) is up 1.95% in pre market trading at $8.50. SD has traded 10.1 million shares so far today and averages 12.1 million shares a day. The company announced today it is done buying Mississippi acreage and that its wells in the state have “surprised to the upside” with natural gas. SandRidge Energy has a market cap of 3.41 billion.

Filed Under: Blog, News, Stocks Tagged With: , , , ,

Nasdaq Stocks In The Green This Morning: RAM, WCAA, AKAM, MU, TIBX, AONE

December 22, 2011 By Leave a Comment

Ram Energy Resources, Inc. (NASDAQ:RAM) is up 77.27% this morning at $1.98. RAM has traded 2.4 million shares so far today, 20 times its daily average volume. RAM stock is up this morning after the company announced regained compliance with Nasdaq listing rules and agreement for $550 million recapitalization. Ram Energy has a market cap of 149.74 million.

WCA Waste Corporation (NASDAQ:WCAA) is up 29.94% this morning at $6.38. WCAA has traded 5.5 million shares so far today, way above its daily average of just 40 thousand shares. WCA Waste announced this morning they have agreed to be acquired by investment fund Macquarie Infrastructure Partners for $526 million. The company has a market cap of 145.56 million.

Akamai Technologies, Inc. (NASDAQ:AKAM) is up 18.11% in early trading at $31.48. AKAM has traded double its average volume today with 7.9 million shares traded so far today. Akamai announced it is buying Contendo for $268 million. Akamai has a market cap of 5.58 billion.

Micron Technology Inc. (NASDAQ:MU) is up 14.08% this morning at $6.32. MU has traded 25 million shares so far today and averages 33.8 million shares a day. MU is up this morning after Wedbush upgrades the stock to buy. The company has a market cap of 6.24 billion.

Tibco Software Inc. (NASDAQ:TIBX) is up 7.77% this morning at $23.70. TIBX has traded 2.8 million shares so far today and trades 3 million shares a day on average. TIBX is bouncing back today after the stock fell more than $3 a share yesterday. Mizuho upgraded TIBX from neutral to buy. Tibco has a market cap of 3.85 billion.

A123 Systems, Inc. (NASDAQ:AONE) is 5.66% in early trading at $1.68. AONE has traded 1.4 million shares so far today and trades 2.4 million shares on average. AONE is up this morning after the company announced it supply 11MW Grid Battery System to Sempra Generation for the Auwahi Wind project in Hawaii. The company has a market cap of 215.58 million.

Filed Under: Blog, News, Stocks Tagged With: , , , , ,

Midday Gainers for 12/13: RVSN, CCMP, RAM, GEOY, P, DYN

December 13, 2011 By Leave a Comment

Stocks are up in midday trading as investors await the Federal Reserve’s assessment of the U.S. economy. The Dow is up 76 points, the Nasdaq is up 2.41 points and the S&P is up 5 points.

Here’s six stocks rallying in midday trading.

Radvision Ltd. (NASDAQ:RVSN) is up 16.51% in midday trading at $9.81. RVSN has traded 903 thousand shares so far today, way above its daily average volume of just 43 thousands shares. On Monday, GP Synergy chose Radvision for video collaboration programs. Since the start of the week, RVSN is up more than $2 per share. The company has a market cap of 180.69 million.

Cabot Microelectronics Corp. (NASDAQ:CCMP) is up 16.59% today at $46.88. CCMP has traded 855 thousand shares so far today, 8 times its daily average volume. CCMP announced a higher dividend and a share repurchase program this year. Cabot Microelectronics has a market cap of 1.06 billion.

RAM Energy Resources, Inc. (NASDAQ:RAM) is up 9.91% in midday trading at $1.22. RAM has traded 450 thousand shares so far today, more than 3 times its daily average. The company has a market cap of 94.89 million.

GeoEye, Inc. (NASDAQ:GEOY) is up 10.47% at $21.00 today. GEOY has traded 302 thousand shares so far today, 20 thousand shares more than its daily average. GEOY is up more than $2 a share since Friday. GeoEye has a market cap of 461.25 million.

Pandora Media, Inc. (NYSE:P) is up 6.75% in midday trading at $10.60. P has traded 2 million shares so far today, more than double its daily average. Pandora listenership increase 13-25% in the the 10 largest U.S. radio markets. Pandora Media has a market cap of 1.71 billion.

Dynegy Inc. (NYSE:DYN) is up 6.16% at $2.93 in midday trading. DYN has traded 1.4 million shares so far today and trades 359.54 million shares a day on average. DYN is bouncing back today after the stock fell from $3 to the $2.70s yesterday. The company has a market cap of 358.31 million.

Filed Under: Blog, News, Stocks Tagged With: , , , , ,
Real Time Web Analytics