Nasdaq Stocks Dipping Today: RIMM, VTUS, MNTA, IPXL, ATPG, VECO

NASDAQ Screen at Times SquareResearch In Motion Limited (NASDAQ:RIMM) is down 7.15% this morning at $9.15. RIMM has traded 14.8 million shares so far today and trades 19.5 million shares a day on average. RIMM shares are down today after an analyst with Morgan Stanley cut the stock’s rating to underweight from overweight. The company has a market cap of 4.70 billion. Sign Up For Free Stock Alerts

Ventrus Biosciences Inc. (NASDAQ:VTUS) is down 56.04% today at $5.41. VTUS has traded 3.1 million shares so far today, well above its daily average of 258 thousand shares. VTUS shares are down big today after its experimental drug fails in a late stage trial. The company has a market cap of 66.80 million. [Read more...]

Stock Futures Edge Higher As Traders Wait For Manufacturing Data. Stocks to Watch: PLXT, IPSU, IDTI, SIRI, VECO, PFCB, YGE

Stock FuturesInvestors are cautiously waiting the ISM numbers this morning as they gear up for Friday’s NFP numbers. Essentially the softer the number could be a boost for equities because they will expect the Fed to ride to the rescue via QE3 or another type of stimulus. Currently Dow futures are up 11 points. The Nasdaq and S&P are essentially flat, both up fractionally.

One piece of good news for investors is the fact that most of Europe And Asia is closed today outside of London in observance of May Day. This is making for a quiet trading environment on the global markets.

Consensus expectations for the ISM data slated for release today is for a slight slip to 53.3 from 53.4. Economic data has been disappointing as of late so any big miss could send stocks south. It would also boost the confidence of investors that believe the Fed will ride to the rescue. The only problem is the next FOMC meeting is 6 weeks away.

Earnings season will continue to give the market direction with major companies still to report. Pfizer reported this morning and was a mixed bag. The main concern was that the blue-chip drugmaker slashed its 2012 financial outlook.

Commodities are a mixed bag this morning. Oil prices are slipping slightly, with Nymex crude futures down 7 cents to $104.80. Gold prices are enjoying a bit of a rally on renewed QE hopes. Right now gold futures are up $7.10 to $1671.30. [Read more...]

After Hours Trading Report for Apr. 30

Wall StreetInvestors have to be glad April is over. Logging losses for the month, April turned out to be the worst month of 2012 so far. News out of the Europe continues to weigh on investors as Spain entered back into recession. The looming election in France is sure to cause levels of consternation to spike as we near May 6. The outcome of that election could push the Euro to the brink if Hollande carries through on his promises on pushing back against austerity.

Domestically the economic data pointed towards a mixed bag. The Chicago PMI cratered, while consumer spending held up, but still dipped from February. Investors will be watching for the NFP report due on Friday. Estimates are already being slashed on the number of jobs created.

The Dow ended the down 15. The Nasdaq and S&P also ended down, dropping 23 and 5 points respectively. [Read more...]

Stocks Take a Break From Rally, NASDAQ Stocks to Watch

Nasdaq stocksThe stock market is trading lower today putting a hold on the S&P 500 as it nears it’s historic closing high. Housing data was a bit mixed today as permits for future construction jumped to a more than 3-year high and housing starts fell.

China is also a bit of a concern as investors worry about signs of slowing in the country’s economy. Australian miners signaled this morning that ire ore demand was down.

Overall, there’s not much going on today in term’s of economic news or other catalysts to drive the market. Many analysts continue to call for a meaningful pull back, but today could just be a profit taking day for some investors.

Looking at the markets this morning show the Dow down more than 90 points, the Nasdaq down more than 20 points and the S&P 500 down about 9 points. [Read more...]

6 NASDAQ Stocks Trading Higher This Morning: TWER, ITMN, VECO, AMRN, FCEL, PWAV

Nasdaq StocksStocks have been trading mixed Thursday morning while Apple (NASDAQ:AAPL) briefly touched $600 today. Economic reports showing improvements in the labor market and manufacturing did little to send the market up as inflation is on the back of every one’s mind.

Weekly jobless claims hit a four year low last week at 351,000 according to the Labor Department. Most economists were expecting weekly jobless claims to fall to 356,000. The unemployment rate remained steady at 8.3%.

Producer prices rose less than expected in February as they increased by 0.4%. Energy costs contributed to this increase.

A quick look at the major indexes show the Dow up 12 points, the Nasdaq up 8 points and the S&P 500 up 3 points. [Read more...]

After Hours Winners and Losers: CSTR, YUM, SPF, PMCS, SREV, VECO

Coinstar, Inc. (NASDAQ:CSTR) is up 12.84% in after hours trading at $57.10. CSTR shares are up after the company reported better than expected fourth quarter results. Revenue was up 33.2% from a year ago at $520.5 million. Profits came in at $1 per share, beating estimates of $0.64 per share. Coinstar announced earlier today, they are teaming up with Verizon to take on Netflix. The company has a market cap of 1.53 billion.

Yum! Brands, Inc. (NYSE:YUM) is up 2.53% in after hours trading at $64.78. YUM shares are rising after Yum Brands reported a jump in fourth quarter profit. The company earned $356 million or $0.75 a share. Estimates were for the company to earn $0.74 a share. The company has a market cap of 29.10 billion.

Standard Pacific Corp. (NYSE:SPF) is up 7.16% in after hours trading at $4.34. SPF shares are rising after the company announced fourth quarter results. Standard Pacific beat estimates by $0.03 and beat on revenue. The company has a market cap of 803.80 million.

PMC Sierra (NASDAQ:PMCS) is down 6.53% in after hours trading at $6.30. PMCS shares are falling because of the company’s fourth quarter results. EPS was in line with estimates, but revenue fell below analysts’ expectations. Revenue came in at $152.6 million, analysts were expecting $155.4 million. The company has a market cap of 1.56 billion.

ServiceSource International, Inc. (NASDAQ:SREV) is down 2.37% in after hours trading at $17.29. SREV beat EPS estimates by $0.04, but shares are falling after guidance came up short. The company has a market cap of 1.26 billion.

Veeco Instruments Inc. (NASDAQ:VECO) is down 4.72% in after hours trading at $25.86. VECO shares are down this afternoon on weak first quarter and fiscal year 2012 guidance. EPS beat consensus by $0.05. The company has a market cap of 1.05 billion.

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