NYSE:BPZ

6 NYSE Stocks Heading Lower This Morning: VRS, VE, MTG, NOK, BKE, BPZ

Traders at the NYSEVerso Paper Corp. (NYSE:VRS) is down 13.01% today at $1.50. VRS has traded 170 thousand shares so far today, well above its daily average of 137 thousand shares. VRS shares are pulling back today after the stock jumped on Tuesday following a proposed merger with NewPage. The company has a market cap of 77.24 million. Sign Up For Free Stock Alerts

Veolia Environment (NYSE:VE) is down 7.92% this morning at $11.74. VE has traded 455 thousand shares so far today and trades 757 thousand shares a day on average. VE shares are down today after being downgraded to sell from neutral at UBS. The company has a market cap of 5.93 billion. [Read more...]

NYSE Stocks Dipping in Midday Trading: WFR, BPZ, CRM, JNPR, FTK, PCS

Traders at the NYSEMEMC Electronic Materials Inc. (NYSE:WFR) is down 20.62% today at $2.58. WFR has traded 12.6 million shares so far today, double its daily average. MEMC Electronic posted a $92 million first quarter loss this morning sending shares spiraling downward. The company has a market cap of 602.39 million.

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BPZ Resources, Inc. (NYSE:BPZ) is down 9.47% in midday trading at $3.06. BPZ has traded 1.1 million shares so far today and trades 1.9 million shares a day on average. BPZ announced first quarter results earlier today and reported an operating loss of $18.9 million and a net loss of $27.3 million. The company has a market cap of 353.38 million. [Read more...]

Stocks to Watch: OMER, EGY, SNSS, JPM, BPZ, AA,

Investors at the NYSEAfter hours trading is being dominated by the release of banking stress tests conducted by the Fed. Out of the 19 big banks, 4 failed to meet the capital requirements set forth in the test. Among the 4 banks with failing grades was Citigroup Inc (NYSE:C). Citi maintains the reason for its failure was due to its capital-return plan it had already put in place. Regulators said that the company could continue to pay its scheduled dividend.

The goal of the exercise was to judge whether or not financial institutions could withstand a shock similar to the 2008 financial crisis. A passing grade would be to those that would not require capital injections from taxpayers. In the scenario, the 19 banks would incur over 500 billion dollars in losses.

Metlife (NYSE:MET) also failed the stress test under what was deemed a total capital ration. They had 6% while the Fed wanted to see 8%. The company had been asking for approval of a $2 billion stock buy-back plan along with a dividend increase to $1.10 from 74 cents annually.

Those banks that passed the test immediately started to announce dividend increases, including JPMorgan. [Read more...]

Cheap Stocks Trading Higher This Afternoon: PWAV, COSI, MOTR, SNPK, TFER, BPZ

Wall StreetPowerwave Technologies, Inc. (NASDAQ:PWAV) is up 24.65% this afternoon at $1.77. PWAV has traded 1.8 million shares so far today, more than double its average volume. PWAV shares are up about $0.80 in the past week. The company has a market cap of 55.23 million.

Cosi, Inc. (NASDAQ:COSI) is up 9.31% today at $1.1150. COSI has traded 1.2 million shares this afternoon, 6 times its usual volume. COSI shares are up today on rumors of a Panera buyout of Cosi. Cosi is also announcing earnings later this month and today’s gain could be investors positioning themselves for that. The company has a market cap of 58.32 million.

Motricity, Inc. (NASDAQ:MOTR) is up 7.59% today at $1.21. MOTR is up on light volume today with 904 thousand shares traded. The stock trades 1.8 million shares a day on average. MOTR shares are up about $0.15 in the past couple of days. The company has a market cap of 55.15 million. [Read more...]

Negative Stocks This Morning: DRRX, SNTA, SPRD, MOTR, FDO, BPZ

Durect Corporation (NASDAQ:DRRX) is down 33.90% in early trading at $0.78. DRRX has traded 2.1 million shares today, well above its daily average of 374 thousand shares. DRRX shares are sinking today after pain drug fails trials. The company has a market cap of 65.58 million.

Synta Pharmaceuticals Corp. (NASDAQ:SNTA) is down 14.49% today at $4.40. SNTA has traded 1.9 million shares this morning, nearly 20 times its daily average volume. SNTA shares are down today after the company priced a 7 million share stock offering at $4.40 a share. The company has a market cap of 217.41 million.

Spreadtrum Communications Inc. (NASDAQ:SPRD) is down 11.99% this morning at $16.95. SPRD has traded 2.6 million shares today, more than a million shares higher than its daily average. The company has a market cap of 796.77 million.

Motricity, Inc. (NASDAQ:MOTR) is down 9.92% today at $0.9098. MOTR has traded 585 thousand shares so far today and trades 820 thousand shares a day on average. MOTR was as high as $1.10 on Tuesday. The company has a market cap of 41.75 million.

Family Dollar Stores, Inc. (NYSE:FDO) is down 6.87% in early trading at $53.98. FDO has traded 2.2 million shares today after the company announced fiscal first quarter sales and gross margins fell short of Wall Street expectations. The company has a market cap of 6.33 billion.

BPZ Resources, Inc. (NYSE:BPZ) is down 3.05% right now at $2.86. BPZ has traded 800 thousand shares this morning and trades 1.6 million shares a day on average. BPZ shares are down more than $0.20 since Wednesday. The company has a market cap of 327.90 million.

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