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Daily Archives: April 2, 2008

RIM (RIMM) Rocks

Posted: April 2, 2008 at 4:15 pm

Research In Motion (NASDAQ: RIMM) was up 5% after hours. That says it all, but some may want details.RIMM released earnings today after the close and the PDA/Smartphone maker of ...
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New Mortgage REIT Vulture: Cypress Sharpridge Investments, Inc. (CYS)

Posted: April 2, 2008 at 2:55 pm

Cypress Sharpridge Investments, Inc. (NYSE: CYS) has filed to come public in an effort to raise capital.  The company will operate as a REIT and plans to invest all of ...
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The 52-Week Low Club (SGP)(PAY)(DEEP)

Posted: April 2, 2008 at 2:45 pm

Superior Offshore (DEEP) Company warns of liquidity problems. Down to $1.20 from 52-week high of $19.58.Medarex (MEDX) Pfizer ends joint drug trial. Sells off to $7.44 from 52-week high of ...
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Packeteer Puts A Moat Around The Castle (PKTR)

Posted: April 2, 2008 at 12:44 pm

Shares of Packeteer Inc. (NASDAQL PKTR) are up well over 10% on a buyout offer today.  Packeteer already rejected this buyout offer, and in fact it went and adopted a ...
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Subscriber Numbers To Dominate Research In Motion Earnings (RIMM, AAPL, PALM)

Posted: April 2, 2008 at 11:47 am

After today's close we’ll get to see earnings out of Research In Motion Ltd. (NASDAQ: RIMM). The estimates have been ratcheted up a bit, but only ever so slightly since ...
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Biotech Busine$$ Daily (CRXX, CORT, OMRI, SIRT)

Posted: April 2, 2008 at 11:40 am

CombinatoRx, Incorporated (NASDAQ: CRXX) up 8% to $3.45 on no recent developments. The 52-week range is $3.11 to $7.37. Yesterday, the company hit a 52-week low so perhaps it had ...
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Broadpoint Securities Registers Shares Tied To Recent Private Placement (BPSG, FACT)

Posted: April 2, 2008 at 10:29 am

Broadpoint Securities (NASDAQ: BPSS) has filed on behalf of stockholders a securities offering whereby an aggregate of 7.058 million shares of common stock for a total maximum price of $12.352 ...
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Monotype Imaging Holders File To Sell (TYPE)

Posted: April 2, 2008 at 10:14 am

Monotype Imaging Holdings (NASDAQ: TYPE) has filed  to sell securities for selling stockholders, whom are offering 6 million shares for a proposed maximum share price of $14.60. The total maximum ...
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Who Will Buy Sirius (SIRI): If It Has To Be Sold?

Posted: April 2, 2008 at 9:41 am

Once The Justice Department cleared the merger of Sirius (NASDAQ: SIRI) with XM Satellite (NASDAQ: XMSR) and there was some anticipation that the deal would get done the shares of ...
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Alpha Natural Resources Taps Financing (ANR)

Posted: April 2, 2008 at 9:36 am

Alpha Natural Resources Inc. (NYSE: ANR) filed its intent to raise an aggregate of up to $400 million through offering $250 million for their convertible senior notes due 2015 and ...
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Capstone Orders & Analyst Drive Gains (CPST)

Posted: April 2, 2008 at 8:45 am

Capstone Turbine Corp. (NASDAQ: CPST) is gapping up in pre-market activity.  The culprit is yet another order.  This was a $5 million order for 150 microturbines for hybrid electric buses ...
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Medarex Tanks On Pfizer Study Halt (PFE, MEDX)

Posted: April 2, 2008 at 8:15 am

Medarex Inc. (NASDAQ: MEDX) Saw shares plummet in pre-market trading.  Pfizer Inc. (NYSE: PFE) has ended a Phase III clinical trial of tremelimumab in patients with advanced melanoma after a ...
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Hansen Medical Taps Secondary Market (HNSN)

Posted: April 2, 2008 at 7:55 am

Hansen Medical, Inc. (NASDAQ: HNSN) announced last night the pricing of a spot secondary offering via Morgan Stanley as the sole underwriter for the deal.The size indication of 2.5 million ...
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Best Buy Gives The ‘All-Clear’ Signal (BBY, CC)

Posted: April 2, 2008 at 7:25 am

Electronics, entertainment, and appliance retail giant Best Buy Co, Inc. (NYSE: BBY) has just posted earnings.  This last quarter was a 10% rise to $1.71 EPS in a revenue gain ...
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Trina Solar Locks-Up Supply Pacts (TSL)

Posted: April 2, 2008 at 7:03 am

Trina Solar Limited (NYSE: TSL) has announced that it has signed a long-term polysilicon supply agreement with a subsidiary of GCL Silicon Technology Holdings Ltd.Under the terms of this agreement, ...
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