Credit Suisse hit the homebuilders… KB Home (NYSE: KBH) is down 2.3% at $16.60 on fairly thin trading volume after it was lowered to Neutral from Outperform. Pulte Homes (NYSE: PHM) Cut to Underperform from Neutral; PHM shares are down 3% at $11.09 on 20,000 shares as of 9:25 AM EST.. Also in homebuilders, KB Home (NYSE: KBH) was started as Hold at Stifel Nicolaus.
Lihir Gold, Limited (NASDAQ: LIHR) is one of the most active stocks with shares down almost 4% at $34.65 on some 856,552 shares as of 9:25 AM EST.
Melco Crown Entertainment Limited (NASDAQ: MPEL) is trying for a second day to have carry-over gains from an analyst upgrade yesterday. Shares are up 1.35% at $5.20 on 140,151 shares.
Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) is up almost 11% at $2.75 on about 65,000 shares after it will present three scientific posters featuring detailed Zenvia safety and efficacy data from the double-blind phase and the open label extension of the Phase III confirmatory STAR trial at the American Academy of Neurology Annual Meeting in Toronto, Canada.
The top day trader alerts are American Superconductor Corporation (NASDAQ: AMSC) up 0.9%, Ardea Biosciences, Inc. (NASDAQ: RDEA) down 2.1%, CA Inc. (NASDAQ: CA) down 3.5%, China Information Security Technology, Inc. (NASDAQ: CPBY) up 29%, Massey Energy Co. (NYSE: MEE) down 8.6%, Star Scientific, Inc. (NASDAQ: CIGX) up 2.45%, and TiVo Inc. (NASDAQ: TIVO) up 2.3%. SEE THAT LIST AT VSINVESTOR.COM.
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JON C. OGG