Hot Stocks to Watch: SBSA, SNSS, BONE, IMGN, TWER, DANG, COG

Wall Street signSpending data is giving a boost to the street today, though much of the increased spending comes at the expense of rising gas prices. The major indices are mostly trading flat, in or near positive territory. The dow is up 20 points to 13,166. The Nasdaq is off 10 points, while the S&P 500 is tacking on a point.

Growth concerns are creeping back into the market as Europe looks to expand their firewall. A Chinese slowdown on the demand front is giving a renewed rise of fear of a hard landing. If that was to occur it would set back the global recovery, though it is already sputtering along as is. [Read more...]


LDK Solar Co., Ltd. (NYSE:LDK) is up 19.02% in the last hour of trading at $5.57. LDK is up on heavy volume today with 6 million shares traded, three times its average volume. LDK has followed the rest of the solar sector up today on stabilizing panel prices and increased demand. The company has a market cap of 716.57 million.

Human Genome Sciences Inc. (NASDAQ:HGSI) is up 17.56% in afternoon trading at $9.43. HGSI has traded nearly 18 million shares today, well above its daily average of 1.86 billion. HGSI shares are jumping today after the CEO of GlaxoSmithKline described the relationship between the two companies as ‘very happy’. The company has a market cap of 1.86 billion.

A123 Systems, Inc. (NASDAQ:AONE) is up 12.68% today at $2.40. AONE is up today on double its average volume with 4 million shares traded. A123 Systems congratulated BMW on the launch of ActiveHybrid 5 and 3. The company provides the lithium ion battery for both vehicles. The company has a market cap of 305.11 million.

DexCom, Inc. (NASDAQ:DXCM) is up 14.45% in late day trading at $10.14. DXCM has traded 1.3 million shares so far today, close to double its daily average volume. DXCM shares are up today despite the stock being downgraded by MLV & Co. The company has a market cap of 681.18 million.

UniTek Global Services, Inc. (NASDAQ:UNTK) is down 25.60% with about 30 minutes left till the close. UNTK is trading at $3.3850 and has traded 1.6 million shares so far today. That is way above its daily average of just 46 thousand shares. UNTK shares fell today after the CEO of the company resigned. The company has a market cap of 55.40 million.

Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is down 13.91% today at $35.80. QCOR has had heavy selling volume today with 12.5 million shares traded, it usually trades 1.1 million shares daily. The company has a market cap of 2.25 billion.

Cabot Oil & Gas Corporation (NYSE:COG) is down 11.04% this afternoon at $69.92. COG has traded 5.2 million shares so far today and trades 2.1 million shares a day on average. COG’s decline comes as natural gas hit a 28 month low today. The company ha a market cap of 7.31 billion.

JetBlue Airways Corporation (NASDAQ:JBLU) is down 4.39% at $5.66. JBLU is down on large volume with 20.1 million shares traded today, four times its normal volume. JBLU announced preliminary traffic results for December earlier today. Traffic increased 14.3% year over year with capacity increasing by 17.1%. The company has a market cap of 1.67 billion.

3 NYSE Stocks Up as Wall Street Rallies Following Eurozone Deal

Wall Street is having a big time rally this morning following news of a euro zone deal. The Dow is up more than 240 points right now at 12,117, the Nasdaq is up over 50 points at 2,701 and the S&P 500 is up 27 points at nearly 1,270.

The deal that European leaders struck with private banks on Thursday will see banks accept a 50% loss on holdings of Greek government bonds. This is part of their plan to lower Greece’s current debt burden and contain the euro zone debt crisis.

Greece will see its debt burden reduced by 100 billion euros with its debt being 120% of GDP by 2020 versus 160% now. The euro zone will also be offering “credit enhancements” to the private sector totaling around 30 billion euros. The total value of the deal will be 130 billion euros.

Let’s take a look at a few NYSE stocks that are rallying with the market today.

SolarWinds, Inc. (NYSE:SWI) is up nearly 15% at $27.54 today and was as high as $28.19 earlier this morning. SWI is up on above average volume with over 1.5 million shares traded so far today, above its daily average of 1 million shares.

Cabot Oil & Gas Corporation (NYSE:COG) is up 15% at $76.81 with an intraday high of $79.35. COG is rallying after analysts’ remarks that the company’s production target for 2012 of 45% to 55% looks conservative. COG has traded over 3 million shares this morning, about 50% more than its daily volume.

Shares of Terex Corporation (NYSE:TEX) are up 14% at $17.16. TEX announced third quarter results on Wednesday that beat expectations and the company also announced it is raising its 2011 sales outlook. TEX has traded over 4.5 million shares so far today.

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