24/7 Wall St. » CAMD

52-Week High Club (V, XTO, CAMD)

247wallst — Mon, 14 Dec 2009 21:07:17 +0000

California Micro Devices Corp. (NASDAQ: CAMD) surged over 53.11% to a yearly high of $4.67 after the chipmaker agreed to be bought out by ON Semiconductor Corp. (NASDAQ: ONNN) for $4.70 a share.

Visa Inc. (NYSE: V) jumped over 5.6% to a yearly high of $85.91. The world’s biggest electronic payments network will be joining the Standard & Poor’s 500 Index trading ends on December 18th, which will prompt buying by index funds and other investors.

XTO Energy Inc (NYSE: XTO) rose over 18.3% to a yearly high of $49.10 after Exxon Mobil Corp. (NYSE: XOM) buy XTO Energy in an all-stock transaction worth $31 billion.

Garrett W. McIntyre

Posted in Financial Stocks, Mergers and Buy Outs, Oil & Gas, Semiconductor, Technology Companies Tagged: CAMD, ONNN, V, XOM, XTO

Top Day Trader Alerts (AMZN, AXA, C, JAVA, ORCL, CAMD, XTO, V)

247wallst — Mon, 14 Dec 2009 14:07:18 +0000

There are many key movers in day trader alert stocks this morning on news events. We have covered each story with a link to more detail and analysis over at VSInvestor.com:

Amazon.com, Inc. (NASDAQ: AMZN) is down 1% after Barron’s poked it.

AXA (NYSE: AXA) is up close to 2% on a cover feature story in Barron’s.

Citigroup Inc. (NYSE: C) is down over 3% on a its $20 billion TARP repayment because of major dilution.

Sun Microsystems Inc. (NASDAQ: JAVA) is up big by almost 9% this morning as it might just be able to be acquired in this Oracle Corp. (NASDAQ: ORCL) buyout.

California Micro Devices Corp. (NASDAQ: CAMD) is soaring almost 50% on a buyout.

Exxon Mobil Corporation (NYSE: XOM) has shares of XTO Energy Inc. (NYSE: XTO) up over 19% on a buyout offer.

Visa, Inc. (NYSE: V) is up over 3% after S&P announced it would become an S&P 500 Index member. Millions of shares will need to be purchased this week.

You can sign up for our free daily email to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

Jon C. Ogg
December 14, 2009

Posted in Pre-Market Activity, Trading Alert Tagged: AMZN, AXA, C, CAMD, JAVA, ORCL, V, XTO

52-Week Low Club (ALO, AEIS, CAMD, DGII, DLX, EBAY, IPCS, MRCY, MTSC, PRS, RJF, THQI, VRTX)

247wallst — Thu, 24 Jan 2008 16:01:00 +0000

Yesterday saw many stocks hitting 52-week lows and then a sharp recovery with a low to high swing of more than 500 DJIA points. Here are some of the stocks that hit 52-week lows today:

Alpharma (ALO) fell over 2% to a new 52-week low.
Advanced Energy (AEIS) continued its slide after disappointing earnings this week.
California Micro Devices Corp. (CAMD) slid 6% and even more intraday two days after earnings.
Digi International (DGII) fell over 10% after earnings.
Deluxe Corp. (DLX) didn’t look so deluxe today after a near 15% drop in earnings and a "raised guidance" that was more in-line with estimates.
eBay (EBAY) earnings guidance (and somewhat from the Meg Whitman departure) along with some late downgrades contributed to eBay’s new 52-week lows.
iPCS (IPCS) saw another tumble today. Guess who is a Sprint reseller and guess which cellular company is under fire and announced store closures and third part closures? This looks like the Boulevard of Broken Dreams.
Mercury Computer Systems (MRCY) was one of the biggest percentages losers with a 30+% drop after yesterday’s earnings. This manufacturer of computer and software for embedded systems might want to change their name to Mercy Systems.
MTS Systems (MTSC) saw a sharp drop of roughly 15% after its earnings and "reaffirmed guidance" failed to impress.
Primus Guaranty Ltd. (PRS) is now down nearly two-thirds from highs, although it appears that it isn’t closing on 52-week lows even after an almost 10% drop. Guess who sells credit swaps for their living?
Raymond James (RJF) saw close to a 10% drop after yesterday’s numbers.
THQ inc. (THQI) showed not all game makers are equal after it has write-offs from title discontinuations with almost a 30% price drop today.
Vertex Pharma (VRTX) spent much of the day at 52-week lows although it clawed back above the $19.13 low at the end of the trading session. This was at a 2-year low yesterday on a hepatitis-C trial timing issue. Citigroup downgraded it today.

Jon C. Ogg
January 24, 2008

Pre-Market Stock News (June 28, 2007)

247wallst — Thu, 28 Jun 2007 07:17:56 +0000

(AAPL) Apple’s iPhone launches tomorrow.
(ABPI) Accentia Biopharma announced favorable interim blinded data on SinuNase in its fast-tracked pivotal Phase III clinical trial.
(ALVR) Alvarion in pact with Australian government over a WiMAX contract for rural and regional broadband.
(AMSC) American Superconductor won two new Dept of Energy superconductor power grid projects totaling $21.7 million.
(ATML) Atmel $0.06 EPS vs $0.05e.
(BBBY) Bed Bath & Beyond $0.38 EPS vs $0.37e.
(BZH) Beazer Homes fired chief accounting officer.
(CAMD) California Micro lowered guidance.
(CRMT) America’s Car-Mart $0.12 EPS vs $0.10e.
(D) Dominion will initiate a modified Dutch Auction for roughly 55 million shares of its own common stock.
(DRIV) Digital River traded down more than 10% after an earnings warning.
(F) Ford announced zero percent financing incentives for 3-years.
(GIS) General Mills $0.62 EPS vs $0.63e.
(GRB) Gerber Scientific $0.24 EPS vs $0.23e.
(IMA) Inverness Medical announces FDA clearance of the BinaxNOW malaria antigen detection rapid test.
(KBH) KB Homes -$1.93 EPS vs $0.07e; unsure if charges are in numbers.
(NVLS) Novellus guides orders and bookings toward lower-end of prior range.
(PALM) Palm announces earnings after the close.
(PAYX) Paychex $0.36 EPS vs $0.36e.
(PLA) Playboy is opening a Playboy Mansion in Macau in 2009 according to USA Today.
(RAD) Rite-Aid $0.04 EPS vs -$0.01 estimate; unsure if comparable.
(RHT) Red Hat $0.16 EPS & $118.9M revenues (estimates were $0.15/$117.15M).
(RIMM) R-I-M announces earnings after the close.
(STZ) Constellation Brands names Rob Sands CEO effective July 26.
(TASR) Taser formed an alliance with iRobot.
(VOD) Vodafone is in talks to get Apple’s iPhone exclusive in Europe.

Jon C. Ogg
June 28, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.