Investing

Top Active Trader Alerts (APC, BRCD, CLDX, FNSR, HRB, MAT, TTWO, ULTA)

Many stocks are on the move this Friday morning.  Active traders and day traders are likely to be watching the moves seen in Anadarko Petroleum Corporation (NYSE: APC), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Celldex Therapeutics, Inc. (NASDAQ: CLDX), Finisar Corp. (NASDAQ: FNSR), H&R Block Inc. (NYSE: HRB), Mattel Inc. (NASDAQ: MAT), Take-Two Interactive Software, Inc. (NASDAQ: TTWO) and Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA).

Anadarko Petroleum Corporation (NYSE: APC) could be a buyout target of some sort by BHP Billiton plc (NYSE: BHP) in a $24 billion deal according to The Australian.  The problem is that this is a no-premium bid if it was reported correctly.  That if seems like a big if.

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is trading up marginally yet again, although it may be petering out after a 20% run in the last few days.  Shares are up less than 1% at $5.64 on this volume.  This was one of the secondary or tertiary beneficiaries of what some hope will be further consolidation in networking and storage.

Celldex Therapeutics, Inc. (NASDAQ: CLDX) regained full worldwide rights to develop and commercialize rindopepimut from Pfizer as an experimental therapeutic cancer vaccine that targets the tumor-specific molecule epidermal growth factor receptor variant III (EGFRvIII) in patients with Glioblastoma Multiforme (GBM). Pfizer said it is no longer a strategic priority and terminated the agreement despite the notion that it has met or exceeded all pre-determined safety and efficacy objectives. Celldex closed at $4.78 and early indications are down around $3.00.  Average volume is 546,000 and the 52-week trading range is $4.16 to $9.49.

Finisar Corp. (NASDAQ: FNSR) saw a drop in profits after a sale, but it beat estimates and guidance was above plan.  Shares are trading up 11% at $15.11 although volume is low.

H&R Block Inc. (NYSE: HRB) is higher after it managed to post a narrower quarterly loss than expected. Cost cuts helped as competition for tax-prep money is tight.  Shares are up 3.5% at $13.01 on low volume.

Mattel Inc. (NASDAQ: MAT) may be a fake or error as the trade indication is down 21% at $16.98 to $17.01 based on a bunch of prints at 7:49 AM EST on roughly 8,000 shares.  The problem is that the trades appear to be grossly off-market as the real bid/ask is $21.33X$21.98.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) managed to beat earnings and raise guidance.  Shares are trading up 14% at $10.10 on over 14,000 shares this morning early on.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) is trading higher after beating earnings and offerings trong guidance.  Shares are trading up almost 10% at $24.40 on thin volume. The 52-week range is $12.00 to $26.75.

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JON C. OGG

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