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Six Hot Stocks to Watch for Friday: Gap, 3D Systems, Pain Therapeutics and More

Jon C. Ogg — Fri, 10 May 2013 13:20:33 +0000

It is Friday, so TGIF. Before you get too deep into your weekend there is still a full trading day and Wall Street has many stocks on the move. 24/7 Wall St. is using six movers that it thinks will be very highly focused on by active traders and day traders this Friday.

Gap Inc. (NYSE: GPS) showed that its first quarter is ahead of expectations and same-store sales were rising faster than expected. Shares are up 4.5% above $40.50 this morning, and the stock was up as much as about 6% last night.

Pain Therapeutics Inc. (NASDAQ: PTIE) is perhaps the most appropriately named stock out there today. Pfizer Inc. (NYSE: PFE) is evaluating its participation in the Remoxy pain drug. This stock is down a whopping 47% at $2.78 in very active trading for what is usually a thin-volume stock.

Progenics Pharmaceuticals Inc. (NASDAQ: PGNX) is surging 19% to $5.14 after its earnings report, although we would note a very wide spread in early trading indications.

Sequenom Inc. (NASDAQ: SQNM) is surging up by almost 13% to $4.03 a day after its earnings report.

3D Systems Corp. (NYSE: DDD) priced its 7.5 million shares down $3 from yesterday’s close at $40 and the stock is down 6.7% at $40.10. This was a poorly priced offering and shareholders have to worry that 3D Systems is going to make an expensive acquisition since it specifically mentioned acquisitions in its use of proceeds.

Ubiquiti Networks Inc. (NASDAQ: UBNT) posted a drop of 26% in earnings on weak system sales, but Wall Street is trusting its positive guidance very much. Shares are up 19% at $19.16 this Friday.

Filed under: Active Trader, Most Actives Tagged: DDD, featured, GPS, PGNX, PTIE, SQNM, UBNT

Today’s Market Winners and Losers

Samuel Weigley — Mon, 28 Jan 2013 15:23:42 +0000

The stock market is down Monday, with the Dow Jones Industrial Average down 0.20%, the Nasdaq down 0.04% and the S&P 500 down 0.39%. Today’s sole winner is a pharmaceutical company with a kidney drug that passed a trial, and today’s sole loser announced that its yearly profit will fall short of prior estimates.

This is today’s market winner and loser.

Biggest Winner

Shares of Keryx Biopharmaceuticals Inc. (NASDAQ: KERX) are up 41.40% to $4.85 on trading volume of 10.7 million shares. A kidney disease drug the company is trying to get on the market has passed a late-stage trial. The 52-week high is $5.19.

Biggest Loser

Shares of Jos. A Bank Clothiers Inc. (NASDAQ: JOSB) are down 16.25% to $38.75 on trading volume of 1.7 million shares. The company announced that 2012 profit will fall 20% compared to the prior year because of warmer-than-usual weather and U.S. political unease. Before Monday, the 52-week low was $39.54.

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: JOSB, KERX

Today’s Market Winners and Losers

Samuel Weigley — Thu, 24 Jan 2013 16:08:01 +0000

Thursday’s stock market is mixed, with the Dow Jones Industrial Average up 0.58%, the Nasdaq down 0.17% and the S&P 500 up 0.50%. Today’s winners include an online streaming company and a transportation firm reporting strong fourth-quarter earnings. Meanwhile, both of today’s losers reported disappointing fourth-quarter results.

These are Thursday’s market winners and losers.

Biggest Winners

Shares of Netflix Inc. (NASDAQ: NFLX) are up 36.94% to $141.41 on trading volume of 8.1 million shares. The company reported fourth-quarter earnings of $0.13 a share, better than the $0.13 per share net loss Wall St. analysts polled by Thomson Reuters expected. Before Thursday, the 52-week high was $133.43.

Shares of Swift Transportation Co. (NYSE: SWFT) are up 21.31% to $12.41 on trading volume of 6.1 million shares. The company reported fourth-quarter earnings of $0.34 a share, better than the $0.26 a share Wall St. analysts expected. The 52-week high is $12.82.

Biggest Losers

Shares of Apple Inc. (NASDAQ: AAPL) are down 9.82% to $463.02 on trading volume of 26.6 million shares. The company reported the slowest profit growth since 2003 for the fourth-quarter and the weakest revenue growth in more than three years. The 52-week low is $443.14.

Shares of ITT Educational Services Inc. (NYSE: ESI) are down 8.94% to $13.04 on trading volume of 1.6 million shares. Sales at the for-profit educator slid 18% for the fourth-quarter as new enrollment declined by 11%. Before Thursday, the 52-week low was $13.90.

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: AAPL, ESI, NFLX, SWFT

Today’s Market Winners and Losers

Samuel Weigley — Thu, 17 Jan 2013 15:46:05 +0000

The stock market is up Thursday, with the Dow Jones Industrial Average up 0.47%, the Nasdaq up 0.48% and the S&P 500 up 0.43%. Today’s winners include a shoe company getting purchased and a media conglomerate spinning off one of its divisions. Today’s only loser is a solar energy firm that announced unexpectedly it would likely post a loss for the fourth quarter.

These are Thursday’s market winners and loser.

Biggest Winners

Shares of K-Swiss Inc. (NASDAQ: KSWS) are up 48.12% to $4.72 on trading volume of 19.9 million shares. E. Land World Ltd, an apparel distributor based in South Korea, will buy the shoemaker for $4.75 a share. Before Thursday, the 52-week high was $4.59.

Shares of CBS Corp. (NYSE: CBS) are up 10.31% to $41.85 on trading volume of 11.8 million shares. The company announced it was converting its billboard advertising division into a real estate investment trust (REIT). Before Thursday, the 52-week high was $39.77.

Biggest Losers

Shares of Power-One Inc. (NASDAQ: PWER) are down 11.06% to $3.86 on trading volume of 1.7 million shares. The solar energy company predicts it will lose $12 million to $15 million in the fourth quarter, despite analysts prior predictions of a $11.2 million profit. The 52-week low is $3.51.

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: CBS, KSWS, PWER

Today’s Market Winners and Losers

Samuel Weigley — Wed, 16 Jan 2013 15:44:46 +0000

The stock market is mixed Wednesday, with the Dow Jones Industrial Average down 0.25%, the Nasdaq up 0.16% and the S&P 500 up 0.09%. Today’s sole winner is a financial company moving away from its mortgage-insurance business, while today’s sole loser is an energy firm whose major investors sold a significant number of the company’s shares.

This is Wednesday’s market winner and loser.

Biggest Winner

Shares of Genworth Financial Inc. (NYSE: GNW) are up 10.09% to $8.95 on trading volume of 14.2 million shares. The company plans on distancing itself from its mortgage insurance unit by setting up a new parent company to move the unit away from more profitable units, Genworth announced Wednesday. The 52-week high is $9.68.

Biggest Loser

Shares of Cobalt International Energy Inc. (NYSE: CIE) are down 5.87% to $25.18 on trading volume of 13.6 million shares. A group of backers, including Goldman Sachs Group Inc. (NYSE: GS) and The Carlyle Group L.P. (NASDAQ: CG), sold 40 million shares worth more than $1 billion on Tuesday. The 52-week low is $20.00.

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: CG, CIE, GNW, GS

Today’s Market Winners and Losers

247sam — Tue, 27 Nov 2012 15:28:40 +0000

The stock market is down Tuesday, with the Dow Jones Industrial Average down 0.24%, the Nasdaq down 0.26% and the S&P 500 down 0.23%. Today’s winners include a pharmaceutical firm which reported positive drug-test results and a food company getting bought by a rival firm. Today’s losers include a biotechnology company that resumed trading following a company disaster and an oil driller whose well development is taking longer than anticipated.

These are Tuesday’s biggest winners.

Biggest Winners

Shares of ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) are up 142.61% to $5.58 on trading volume of 22.7 million shares. The company’s drug experiment to help patients with psychosis related to Parkinson’s disease was found to be effective. Before Tuesday, the 52-week high was $3.06.

Shares of Ralcorp Holdings Inc. (NYSE: RAH) are up 26.37% to $88.75 on trading volume of 20.4 million shares. ConAgra Foods Inc. (NYSE: CAG) has agreed to purchase Ralcorp for $6.8 billion, including debt. The 52-week high is $89.86.

Biggest Losers

Shares of Neptune Technologies & Bioresources, Inc. (NASDAQ: NEPT) are down 29.31% to $2.34 on trading volume of 2.4 million shares. Trading for this company began resuming Tuesday after it was halted for two weeks following an explosion at a Canada-based plant. The 52-week low is $2.18.

Shares of McMoRan Exploration Co. (NYSE: MMR) are down 22.70% to $7.46 on trading volume of 10 million shares. The oil and natural gas driller continues its drop after it announced that development of one of its wells its taking longer than initially expected. Before Tuesday, the 52-week low was $7.76.

Samuel Weigley

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: ACAD, CAG, MMR, NEPT, RAH

Today’s Market Winners and Losers

247sam — Tue, 13 Nov 2012 15:41:46 +0000

The stock market is mixed Tuesday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq down 0.37% and the S&P 500 up 0.05%. Today’s sole winner reported earnings that fell in line with Wall St. analysts, while third-quarter financial for both of today’s losers missed consensus expectations.

These are Tuesday’s winner and losers.

Biggest Winner

Shares of Galena Biopharma Inc. (NASDAQ: GALE) are up 12.21% to $1.57 on trading volume of 1.8 million shares. Although the company reported a net loss of $0.09 per share, the numbers fell in line with analyst expectations. The 52-week high is $3.54 per share.

Biggest Losers

Shares of Tronox Inc. (NYSE: TROX) are down 18.11% to $15.33 on trading volume of 5.0 million shares. The company reported third-quarter sales of $487.3 million, worse than the $532.1 million analysts were expecting. Before Tuesday, the 52-week low was $17.37 per share.

Shares of Weatherford International Ltd. (NYSE: WFT) are down 12.09% to $9.56 on trading volume of 15.2 million shares. The oilfield services provider reported quarterly sales of $3.82 billion, below the $3.90 billion consensus estimate. Before Tuesday, the 52-week low was $10.59 per share.

Samuel Weigley

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: GALE, TROX, WFT

Today’s Market Winners and Losers

247sam — Mon, 12 Nov 2012 16:12:08 +0000

The stock market is down Monday, with the Dow Jones Industrial Average down 0.08%, the Nasdaq down 0.02% and the S&P 500 down 0.01%. Today’s winners include two companies getting bought out and a pharmaceutical company reporting strong results for a late-stage drug trial. Today’s losers include a health company short on cash and a pharmaceutical firm with poor results on a late-stage drug trial.

These are Monday’s market winners and losers.

Biggest Winners

Shares of Titanium Metals Corp. (NYSE: TIE) are up 42.18% to $16.45 on trading volume of 18.7 million shares. Precision Castparts Corp. (NYSE: PCP) will buy Titanium Metals for $2.9 billion. The 52-week high is $16.53.

Shares of Gilead Sciences Inc. (NASDAQ: GILD) are up 11.94% to $72.77 on trading volume of 10.4 million shares. The company reported that its Hepatitis C drug program notched a 100% cure rate in a late-stage trial. Before Monday, the 52-week high was $70.39.

Shares of Jefferies Group Inc. (NYSE: JEF) are up 11.84% to $15.96 on trading volume of 8.9 million shares. Leucadia National is buying the investment bank for roughly $2.6 billion in stock. The 52-week high is $19.82.

Biggest Losers

Shares of Clovis Oncology Inc. (NASDAQ: CLVS) are down 33.46% on trading volume of 2.1 million shares. The company announced that its pancreatic cancer drug failed a late-stage trial. The 52-week low is $11.45.

Shares of Star Scientific Inc. (NASDAQ: STSI) are down 24.26% to $1.94 on trading volume of 4.6 million shares. The company announced it was running low on cash and it could run out before the end of the 2013 first quarter. The company also said it only received $5 million in cash from RJ Reynolds tobacco in regards to a lawsuit over patents. Before Monday, the 52-week low was $2.10.

Samuel Weigley

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: CLVS, GILD, JEF, PCP, STSI, TIE

Today’s Market Winners and Losers

247sam — Thu, 08 Nov 2012 16:01:46 +0000

The stock market is down Thursday, with the Dow Jones Industrial Average down 0.23%, the Nasdaq down 0.18% and the S&P 500 down 0.16%. Today’s winners include a pharmaceutical company that is getting bought out and a biotechnology company beating earnings expectations. Today’s losers are both pharmaceutical companies — one reported poor results for a drug trial and another reported weak third-quarter earnings.

These are Thursday’s market winners and losers.

Biggest Winners

Shares of DUSA Pharmaceuticals Inc. (NASDAQ: DUSA) are up 38.04% to $7.98 on trading volume of 4.4 million shares. Sun Pharmaceutical Inc. will buy the dermatology company for $230 million. Before Thursday, the 52-week high was $7.33.

Shares of InterMune Inc. (NASDAQ: ITMN) are up 15.32% to $9.41 on trading volume of 2.1 million shares. Although the biotechnology company lost 70 cents a share in the third quarter, it was better than the 90 cents a share that Wall St. analysts had estimated. The 52-week high is $21.90.

Biggest Losers

Shares of Catalyst Pharmaceutical Partners Inc. (NASDAQ: CPRX) are down 60.22% to 58 cents on trading volume of 5.5 million shares. The company announced that its clinical trial for a drug to help treat cocaine addiction failed to meet its goal. The 52-week low is 50 cents.

Shares of Savient Pharmaceuticals Inc. (NASDAQ: SVNT) are down 19.29% to $1.13 on trading volume of 1.5 million shares. The company reported a loss of 56 cents a share, worse than the 48 cents a share Wall St. had expected. The 52-week low is 48 cents.

Samuel Weigley

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Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: CPRX, DUSA, ITMN, SVNT

Today’s Market Winners and Losers

247sam — Wed, 07 Nov 2012 15:49:17 +0000

The stock market is down Wednesday, with the Dow Jones Industrial Average down 1.68%, the Nasdaq down 1.80% and the S&P 500 down 1.72%. Despite this, trading volume was light, with only one winner and one loser with high trading volume and a significant drop. Today’s winner will benefit from the world’s largest telecommunications firm building out its network, while today’s loser reported very weak earnings.

This is Wednesday’s market winner and loser.

Biggest Winner

Shares of Ciena Corp. (NASDAQ: CIEN) are up 9.43% to $14.42 on trading volume of 3.7 million shares. The company’s shares jumped following an announcement by AT&T, Inc. (NYSE: T) that it would spend $14 billion to upgrade its network. The 52-week high is $18.39.

Biggest Loser

Shares of James River Coal Co. (NASDAQ: JRCC) are down 19.57% to $3.78 on trading volume of 5.1 million shares. The company reported a third-quarter loss of $1.23 a share, worse than the $1.04 a share Wall St. analysts expected. The 52-week low is $1.68

Samuel Weigley

Filed under: 24/7 Wall St. Wire, Market Roundups, Most Actives Tagged: CIEN, JRCC, T