NASDAQ:SMBL

Stocks Trading Lower In Early Trading: DNDN, SMBL, INVN, HBC, NVDA, ALJ

February 27, 2012 By Leave a Comment

NasdaqDendreon Corporation (NASDAQ:DNDN) is down 17.36% today at $12.27. DNDN is dipping on large volume with 22.7 million shares traded, more than double its daily average. Dendreon shares are slipping today after the company announced fourth quarter results. Product revenue for the company was $77 million. Dendreon posted a net income of $38.1 million or $0.26 per share in the fourth quarter. The company has a market cap of 1.85 billion.

Smart Balance Inc. (NASDAQ:SMBL) is down 8.47% in early trading at $6.17. SMBL has traded 842 thousand shares so far today, more than double its daily average. SMBL shares are pulling back some today after rallying more than $1 last week. The company has a market cap of 361.01 million. [Read more...]

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Stock Market Rallying, Afternoon Movers: SMBL, PCS, LVLT, TSL, FSLR, CIE

February 23, 2012 By Leave a Comment

NasdaqStocks are rallying some today as better than expected news from the jobs market helped keep investors’ minds off some poor earnings. Jobless claims came in at at 351,000, below analysts’ estimates. The Dow is up 50 points right now, the Nasdaq is up 23 points and the S&P 500 is up 5 points.

Smart Balance Inc. (NASDAQ:SMBL) is up 19.73% today at $6.7650. Smart Balance is rallying today after posting good fourth quarter results this morning. The company beat EPS estimates by $0.02 and beat revenue. Smart Balance reported earnings of $0.07 per share and revenue of $83.9 million. The company has a market cap of 396.08 million. [Read more...]

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Top Gainers In Early Trading for 11/28: CMC, SMBL, GNW, ING, BAC, NOK

November 28, 2011 By Leave a Comment

The stock market continues to rally today on better than expected Black Friday numbers and hopes of a solution in Europe. The major indexes are all up well over 2% and the Nasdaq and S&P are up over 3%. The Dow is up 315 points, the Nasdaq is up 85 points and the S&P is up 36 points. Stocks posting decent gains in early trading include Commercial Metals company (NYSE:CMC), Smart Balance, Inc. (NASDAQ:SMBL), Genworth Financial Inc. (NYSE:GNW), ING Group (NYSE:ING), Bank of America Corp. (NYSE:BAC) and Nokia Corporation (NYSE:NOK)

Commercial Metals Company (NYSE:CMC) is up 23.14% in early trading at $14.10. CMC is moving today after Carl Icahn offered the buy the company for $1.73 billion that would combine Commercial Metals with Ichan’s PSC Metals Inc. The $1.73 billion price translates to $15 a share and is a premium of 31% of CMC’s close on Friday. CMC has traded 5 million shares so far today, nearly 5 times its daily average volume. The company has a current market cap of 1.62 billion.

Smart Balance, Inc. (NASDAQ:SMBL) is up 14.55% at $5.51 in early trading today. SMBL has traded 308 thousand shares so far today and trades 456 thousand shares a day on average. SMBL had been trading between $4.80 and $5 before jumping over $5 today as it follows the overall market rally. The company has a current market cap of 325 million.

Genworth Financial, Inc. (NYSE:GNW) is up 12.8% at $6.08 in early trading. GNW has traded 4.2 million shares so far today and trades 11.47 million shares on average. Last week, GNW dipped more than $0.50 a share and closed at $5.39 on Friday. GNW jumped today after Citigroup upgraded the insurer for the second time this month. The company has a current market cap of 3.03 billion.

ING Group (NYSE:ING) is up 11.34% at $6.97 in early trading today. ING has traded 1.4 million shares so far today and trades 5.9 million shares on average daily. ING has made back all the ground it lost last week when the stock as well as the general market had a steep sell off. The company has a current market cap of 26.49 billion.

Bank of America Corp. (NYSE:BAC) is up 4.35% in early trading at $5.40. BAC has traded 75.9 million shares so far today and trades 270 million shares a day on average. BAC is following the market rally up today as investors hope for a European solution to their debt crisis soon. The company has a current market cap of 54.84 billion.

Nokia Corporation (NYSE:NOK) is up 6.81% today at $5.65. NOK has traded 12.6 million shares so far today and trades on average 28.4 million shares a day. NOK gaped up this morning at $5.69 and since then has sold off slightly. The company has a current market cap of 20.96 billion.

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