NYSE:ALU

Midday Movers: DRYS, BAC, MU, ALU, GT, ENER, CPN

DryShips Inc. (NASDAQ:DRYS) is up 11.30% in midday trading at $3.72. DRYS is up on heavy volume today with 39.8 million shares traded so far. The stock averages only 6 million shares a day. DRYS announced earlier this month that its drilling unit, Ocean Rig UDW, won a contract to drill 15 wells in the Norwegian Shelf. DRYS shares are up about $1.50 over hte past week and a half. The company has a market cap of 1.54 billion.

Bank of America Corporation (NYSE:BAC) is down 3.39% today at $7.98. BAC has traded 224 million shares so far today and trades 278 million shares on average. BAC and financial stocks are falling alongside the overall market today after retail sales data fell short of estimates. BAC shares had been over $8 over the past few days, but have fallen below $8 in midday trading today. The company has a market cap of 84.45 billion. [Read more...]

Morning Winners: CIE, ALU, IPSU, WNS, AONE

Stocks are seeing a drastic pull back today on reports that the Greek deal is in trouble. Other countries in the euro zone insisted that Greece needs to save an additional $430 million if it wants to get its second bailout package. There are also reports that one of the parties in Greece has withdrawn support of the deal. It appears that a Greek default is all but inevitable and would have severe consequences in Europe and around the world. All of the major indices are down about 1% right now with the Dow down 124 points, the Nasdaq down 23 points and the S&P 500 down 12 points.

Cobalt International Energy, Inc. (NYSE:CIE) is up 47.49% this morning at $35.27. CIE has traded 6 million shares so far today, up from its daily average of 1.5 million shares a day. CIE shares are rallying today after the company’s pre-salt oil test beat expectations. The well they tested could produce over 20,000 barrels a day. The company has a market cap of 13.87 billion.

Alcatel-Lucent (NYSE:ALU) is up 14.43% today at $2.23. ALU has traded 59 million shares this morning, way above its daily average of 16.5 million shares. ALU shares are bouncing after fourth quarter results beat expectations. Adjusted EPS came in at 0.19 euro cents a share, beating Wall Street estimates of 0.08 a share. The company has a market cap of 5.03 billion.

Imperial Sugar Company (NASDAQ:IPSU) is up 10.47% today at $6.65. IPSU has traded 3 million shares so far today, 6 times its daily average. IPSU shares are up for the second straight day on reports that it will sell its interest in Wholesome Sweetners Inc. to a third party. The company has a market cap of 82.23 million.

WNS Holdings (NYSE:WNS) is up 11.38% this morning at $10.47. WNS has traded 2.1 million shares so far, above its daily average of 32.9 thousand shares. WNS Holdings announced public offering of 10.65 million shares at $9.25. The company has a market cap of 468.31 million.

A123 Systems, Inc. (NASDAQ:AONE) is up 7.98% today at $2.03. AONE has traded 2.9 million shares so far today, above its daily average of 2.8 million shares. A123 Systems announced today it will supply 6 battery energy storage solutions to northern powergrid in the U.K. The company has a market cap of 256.43 million.

Afternoon Movers: DNDN, ZOLT, OREX, CYOU, CPY, ALU

Stocks are still down in midday as investors worry about Greece’s debt deal. Greece has been trying to complete a deal for weeks now. Right now the Dow is down 35 points, the Nasdaq is down 3 points and the S&P is down 2 points.

Dendreon Corporation (NASDAQ:DNDN) is up 14.82% today at $16.27. DNDN has traded 20.8 million shares so far today and trades 8.5 million shares a day on average. DNDN shares are seeing a spike today after federal health regulators published a critical review for Amgen’s prostate cancer drug. The company has a market cap of 2.43 billion.

Zoltek Companies, Inc. (NASDAQ:ZOLT) is up 11.75% this afternoon at $14.65. ZOLT has traded 2.2 million shares today, 7 times its daily average. ZOLT shares continue to go higher following strong fiscal first quarter results. ZOLT shares are up more than $4 a share since Friday. The company has a market cap of 503.83 million.

Orexigen Therapeutics, Inc. (NASDAQ:OREX) is up 16.30% today at $3.21. OREX has traded 1.3 million shares in afternoon trading, more than double its daily average. OREX shares are up today after the company announced agreement from the FDA on a special protocol assessment for the Contrave outcomes trial. The company has a market cap of 154.11 million.

Changyou.com Limited (NASDAQ:CYOU) is down 11.90% this afternoon at $25.63. CYOU has traded 1.5 million shares so far today, up from 273 thousand shares it typically trades. Guidance from the company’s earnings results this morning did not please investors. Next quarter’s profit is forecasted to be below the $1.13 analysts have been estimating. The company has a market cap of 1.35 billion.

CPI Corporation (NYSE:CPY) is down 10.69% today at $1.42. CPY has traded double its average volume so far today with 951 thousand shares traded. CPY shares are down today after the company announced on Friday that it will trade on the OTC market starting on February 9. The company has a market cap of 9.99 million.

Alcatel-Lucent (NYSE:ALU) is down 2.56% today at $1.90. ALU has traded 11.1 million shares so far and trades 18.2 million shares on average. ALU shares are pulling back slightly today after jumping more than $0.20 last week. The company has a market cap of 4.31 billion.

Stocks Heading Lower In Early Trading: LPHI, APKT, BMTI, AMRN, ALU, CPY

Life Partners Holdings, Inc. (NASDAQ:LPHI) is down 20.41% in early trading at $5.07. LPHI is down on heavy volume after news the SEC is suing the company and alleges firm defrauded shareholders. LPHI has traded 993 thousand shares so far today, way above its daily average of 114 thousand shares. The company has a market cap of 93.98 million.

Acme Packet, Inc. (NASDAQ:APKT) is down 19.40% today at $25.64. APKT has traded 9.6 million shares so far today, three times its daily average volume. Acme Packet is down again today after the company lowered its 2011 outlook. The company has a market cap of 1.71 billion.

BioMimetic Therapeutcis Inc (NASDAQ:BMTI) is down 13.06% at $2.53 this morning. BMTI has traded 559 thousand shares so far today, 5 times its daily average. BMTI is down today after the FDA said its proposed bone-graft device augment would not be approved without more information from previous studies. The company has a market cap of 72.10 million.

Amarin Corporation plc (NASDAQ:AMRN) is down 8.65% today at $6.44. AMRN has traded 8 million shares so far today, four times its daily average. AMRN is down again today after announcing price of $150 million of exchangeable senior notes due 2032. The company has a market cap of 875.65 million.

Alcatel-Lucent, S.A. (NYSE:ALU) is down 6.76% in early trading at $1.5850. ALU has traded 6.3 million shares so far today and trades 22.5 million shares a day on average. ALU is dipping today after it gaped up yesterday to around $1.70. The company has a market cap of 3.60 million.

CPI Corp. (NYSE:CPY) is down 6.98% today at $1.60. CPY has traded 322 thousand shares so far today, nearly 100 thousand more than its daily average. CPY has dipped about $0.50 a share since last Friday. The company has a market cap of 11.40 million.

NYSE Stocks Heading Up In Early Trading: CIE, ALU, FIO, JNPR, PNX, MTW

Cobalt International Energy, Inc. (NYSE:CIE) is up 22.57% today at $12.38. CIE has traded 4.2 million shares so far today, more than 4 times its daily average. CIE shares jumped this morning on news that its evaluating results from the Cameia-1 well. Last month, the compan estimated that it holds at least 1 billion barrels of crude. Cobalt has a market cap of 4.76 billion.

Alcatel-Lucent (NYSE:ALU) is up 13.31% this morning at $1.5750. ALU has traded 11.7 million shares so far today and trades 23.6 million shares a day on average. ALU is rallying alongside the market today. The company has a market cap of 3.54 billion.

Fusion-io, Inc. (NYSE:FIO) is up 10.36% today at $23.86. FIO has traded 1.2 million shares today and trades 1.8 million shares a day on average. FIO was as high as $25 a share last Wednesday before it fell to around $21.50 yesterday. Today, most stocks are heading up as the market rallies following good news from the housing sector. Fusion-io has a market cap of 1.99 billion.

Juniper Networks, Inc. (NYSE:JNPR) is up 10.38% today at $20.03. JNPR has traded 5 million shares so far today and trades 10.7 million shares a day on average. Juniper announced yesterday it is suing Palo Alto Networks over patents. The company has a market cap of 10.56 billion.

Phoenix Companies Inc. (NYSE:PNX) is up 8.99% today at $1.5150. PNX has traded 322 thousand shares so far today and trades 603 thousand shares a day on average. Phoenix Companies has a market cap of 176.68 million.

Manitowoc Co. Inc. (NYSE:MTW) is up 10.66% this morning at $9.24. MTW has traded 1.2 million shares so far today and trades 4.2 million shares a day on average. Manitowoc is following the market up this morning. The company has a market cap of 1.21 billion.

Biggest Losers as Market Continues Lower: FRO, OSG, ALU, CHS, PSS, PWRD

Stocks continue lower today after the U.S. GDP was revised lower to 2% from 2.5%. The crisis in Europe continues as well as investors fear a collapse if the ECB doesn’t act sooner. At 11:00am EST the Dow is down 83 points, the Nasdaq is down 18 points and the S&P is down 8 points.

Frontline Ltd. (NYSE:FRO) is down 42.39% at $2.99 this morning. FRO has traded 8.1 million shares so far today, well above its daily average of 2.4 million shares. The company is in talks to overhaul their finances. FRO has dipped the past two days from over $5.50 to less than $3. The company has a current market cap of 234.35 million.

Overseas Shipholding Group Inc. (NYSE:OSG) is down 17.72% at $10.35 this morning. OSG continued its drop from yesterday, dropping more than $3 in two days. OSG has traded 1.4 million shares so far today, double its average volume The company has a current market cap of 318.71 million.

Alcatel-Lucent, S.A. (NYSE:ALU) is down 13.71% today at $1.61. ALU has been dropping pretty much all month long after hitting a November high of around $2.76. The stock has traded 17.5 million shares so far today, 7 million shares short of its daily average. The company has a current market cap of 3.47 billion.

Chico’s FAS Inc. (NYSE:CHS) is down 16.88% at $9.65 this morning. The stock is down after the company announced their third quarter results this morning. Quarter three EPS was at $0.18 with analysts expecting $0.20. Shares of CHS are hitting a new 52-week low right now with over 6.2 million shares traded. The company has a current market cap of 1.67 billion.

Collective Brands, Inc. (NYSE:PSS) is down 14.16% at $11.76 this morning. PSS is down after analysts lowered price targets for the stock from $18 to $16. PSS has traded 5.5 million shares so far today, more than double its daily average. The company has a current market cap of 722.88 million.

Perfect World Co., Ltd. (NASDAQ:PWRD) is down 12.13% at $10.00 in morning trading. PWRD released quarterly earnings that were below analysts expectations. The company’s revenue climbed 22% to $111.2 million. Its EPS was $0.53 though, well short of the $0.67 analysts were expecting. PWRD has traded 1.4 million shares so far today, 600 thousand more than its daily average. The company has a current market cap of 496.81 million.

NYSE Stocks Hitting 52-Week Lows for 11/21: ALU, WAG, CRM, AVP, LCC, TM

The market sell off continues today, though the market has rebounded slightly from its lowest point of the day. The Dow is down 254 points, the Nasdaq is down 51 points and the S&P is down 23 points. Let’s take a look at a few NYSE stocks hitting new 52-week lows today.

Alcatel-Lucent, S.A. (NYSE:ALU) is down 5% today at $1.81. ALU hit a new 52-week low of $1.78 earlier today. The stock has traded 9.7 million shares so far today, less than half its daily average. ALU has been trending lower most of the month and was as high as $2.76 a few weeks ago. The company has a current market cap of 3.94 billion.

Walgreen Co. (NYSE:WAG) is down 4.24% at $31.25 in afternoon trading. WAG hit a new 52-week low of $31.07 a earlier in the day. WAG has traded 7.4 million shares so far today and should pass its daily average of 7.9 million shares. The company has a current market cap of 27.80 billion.

Salesforce.com (NYSE:CRM) is down 2.36% today at $110.75 in afternoon trading. CRM has traded 5.1 million shares so far today, about half its usual trading volume. CRM has seen a lot of analysts upgrades to buy today after hitting a 52-week low of $105.06. The company has a current market cap of 14.93 billion.

Avon Products Inc. (NYSE:AVP) is down 0.80% at $16.70 today. AVP hit a new 52-week low of $16.45 shortly after market open. AVP has traded 4.6 million shares so far today, about 1 million short of its daily average. This is AVP’s ninth day in a row trading in the red. The company has a current market cap of 7.19 billion.

US Airways Group, Inc. (NYSE:LCC) is down 5.43% at $4.18 today. LCC hit a new 52-week low today at $4.02. Earlier today, US Airways welcomed SkyWest Airlines as regional partner. LCC has traded 3.2 million shares so far today. The stock usually trades 6.8 million shares a day. The company has a current market cap of 676.01 million.

Toyota Motor Corporation (NYSE:TM) is down 3.51% at $61.33 today. Toyota has traded 579 thousand shares so far today, 30 thousand more than its daily average. TM has been trading relatively flat until the market sell off today. The stock hit a new 52-week low of $61 today. The company has a current market cap of 96.14 billion.

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