Stock Futures Point Higher Amid Earnings. Stocks to Watch: AMRN, REXX, MSFT, DANG, SIRI, RVBD, MU

investment newsStocks are pointing higher this morning thanks to a string of earnings beats. Wall Street is trying to snap a 2-session losing streak and close out the week on a positive note. The economic data calendar is light today, so earnings season is running the show domestically. Dow futures are currently up 79 points. Nasdaq and S&P 500 futures are adding 14 and 7 points respectively.

Outside of earnings, the IMF is slated for meetings throughout the weekend on ways to combat crises that could impact global growth. So far they have secured $320 Billion in pledges for their fight.

Meetings between the G-8 and G-20 could have market moving headlines at any point this weekend. The concern is once again Europe and their ongoing saga with the sovereign debt crisis that goes from country to country. [Read more...]

Afternoon Movers: PRXL, ZAGG, ARRY, PPO, REXX, MTH

Stocks are trying to make a recovery in afternoon trading after economic data sent the market down early. Europe will continue to be an issue for the rest of the week as everyone waits for a deal between Greece and its creditors to actually get done. We’ve been hearing about how its close for over a week now. The Dow is losing about 50 points and the Nasdaq and S&P are both off about 4 points.

Parexel International Corporation (NASDAQ:PRXL) is up 18.91% today at $24.33. PRXL has traded nearly 2 million shares today, about 5 time its daily average volume. PRXL shares are rallying today following their fiscal second quarter results and an analyst upgrade by BB&T Capital. The company has a market cap of 1.44 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?

ZAGG Inc. (NASDAQ:ZAGG) is up 10.56% today at $9.85. ZAGG has traded 1.5 million shares so far today, 400 thousand shares more than its daily average. ZAGG shares are rallying today after hitting a low of $8.5 on Monday. The company has a market cap of 292.29 million.

Array BioPharma Inc. (NASDAQ:ARRY) is up 11.67% in afternoon trading at $2.68. ARRY has traded 792 thousand shares right now, more than double its average. ARRY shares are up today after the company announced fiscal second quarter results yesterday. The company beat expectations on revenue and beat EPS by $0.06. The company has a market cap of 157.70 million.

Polypore International Inc. (NYSE:PPO) is down 25.08% today at $40.70. PPO is down on heavy volume with 10 million shares traded this afternoon. PPO shares were downgraded to underperform from buy earlier today by DA Davidson. The company has a market cap of 1.88 billion. Jason Bond’s strategy has made over $156,000 in 10 months, isn’t it time you join him?

Rex Energy Corporation (NASDAQ:REXX) is down 10.65% today at $9.48. REXX has traded 1.8 million shares so far today, well above its daily average of 963 thousand shares. REXX shares are tanking today after the company said it would offer 7 million shares to raise money to pay off debt. The company has a market cap of 421.79 million.

Meritage Homes Corporation (NYSE:MTH) is down 11.56% in afternoon trading at $24.02. MTH has traded 1.7 million shares today, above its daily average of 456 thousand shares. MTH shares fell today after the company saw fourth quarter loss widen. The company has a market cap of 778.39 million.

Stocks End The Day On Positive Note: GRRF, HSOL, VG, HDY, REXX, BVSN, GDP, HMA

The market closed higher today after being down for much of the morning and early afternoon. Stocks were looking to open the day strong following positive news out of Europe but quickly turned negative after a jump in jobless claims. The jobless claims news kept the market down during the morning hours, but the market soon starting coming back as investors and economists digested the news. In the end, positive sentiment in Europe won out as the Dow closed up 21 points, the Nasdaq up 14 points and the S&P up 3 points.

Let’s take a look at some of the most volatile stocks today and why they moved.

China Grentech Corporation (NASDAQ:GRRF) closed the day up 17.60% at $2.94. GRRF gaped at open this morning at $2.91 and quickly ran to $3 before settling in the mid $2.90s the rest of the day. China Grentech announced before market open they entered into a definitive agreement with Talenthome Management and Xing Sheng for ‘going private’ transaction. GRRF had extremely high volume today following this news with a touch over 1 million shares traded, well above its daily average of 41 thousand shares. The company has a market cap of 66.69 million.

Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL) ended the day up 16.96% at $2.00. HSOL rallied for the second straight day as news of panel prices stabilizing and stronger demand has helped companies across the solar sector. HSOL traded 4 million shares today, 5 times its average volume. The company has a market cap of 168.26 million.

Vonage Holdings Corp. (NYSE:VG) finished up 11.42% today at $2.44. VG traded relatively average volume today with 2.1 million shares traded. The stock had been in a slight downtrend for about a week now after falling from $2.58 to $2.19 yesterday. It recovered most of those losses today as buying pressure rushed into the stock. The company has a market cap of 550.36 million.

HyperDynamics Corporation (NYSE:HDY) closed up 11.72% today at $2.86. HDY traded 3.1 million shares today and was right at its daily average. No recent news on HDY, but it had been selling off some for the start of the new year, falling from $2.90 to around $2.50 before bouncing back. The company has a market cap of 447.43 million.

Rex Energy Corporation (NASDAQ:REXX) ended the day down 15.11% at $11.63. REXX has been trading lower each of the past three days and selling pressure intensified at the close today as the stock moved below its 200 day MA. REXX traded 2.8 million shares today, more than twice its daily average. The company has a market cap of 516.37 million.

BroadVision, Inc. (NASDAQ:BVSN) finished the day down 10.37% at $15.55. BVSN traded 468 thousand shares today, 8 times its daily average. BroadVision announced this morning ti will release its fourth quarter financial results after hours on January 26. The company has a market cap of 70.21 million.

Goodrich Petroleum Corporation (NYSE:GDP) closed down 8.73% today at $15.36. GDP traded 1.4 million shares today. GDP shares fell today as natural gas prices drop causing stocks in that sector to sell off. The company has a market cap of 554.90 million.

Heath Management Associates (NYSE:HMA) ended down 6.49% today at $5.91. HMA has traded 17.6 million shares today, four times its daily average. HMA shares dipped today on news that Block & Leviton LLP investigates possible securities law claims against the company. The company has a market cap of 1.50 billion.

Real Time Web Analytics