Posts for Ticker ‘VRNM’

Top Day Trader Alerts (SYMC, AKAM, XOM, VRNM, ARIA, AXL, TRMA)

These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com

Symantec Corp. (Nasdaq: SYMC) shares are getting hammered as the most active premarket issue on very poor earnings and metrics..

Akamai Technologies Inc. (Nasdaq: AKAM) down sharply on heavy volume after it missed expctations and guided lower for Q3.

Exxon Mobil Corp. (NYSE: XOM) shares are falling after poor earnings on lower revenue amid weaker demand.

Verenium Corp. (Nasdaq: VRNM) shres are one of the top percentage gainers on fairly strong volume on a BP cellulosic ethanol venture.

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) shares continue to climb on strong premarket volume, amid optimism for its drug pipeline.

American Axle & Manufacturing Holding Inc. (NYSE: AXL) shares are up strongly on discussions with lenders.

Trico Marine Services Inc. (TRMA) are one of the more uncommon premarket gainers, after it beat EPS expectations by 23 cents a share.

-The 24/7 Wall St. Team

Posted on: July 30, 2009 – 8:58 am in Pre-Market Activity, Trading Alert, , , , , , ,

A Green Business Investing Conference (ASTI, DSTI, HEV, LDK, RSOL, STP, VLNC, VRNM)

solar-panel-pic20A conference on clean and green technology sponsored by ThinkEquity LLC opened yesterday in San Francisco. It is billed as a gathering for industry executives, investors, influencers and policy makers within the cleantech and alternative energy industry.  Some of the public companies presenting at the conference include Ascent Solar Technologies, Inc. (NASDAQ: ASTI), DayStar Technologies, Inc. (NASDAQ: DSTI), Ener1, Inc. (NASDAQ: HEV), LDK Solar Co. Ltd. (NYSE: LDK), Real Goods Solar, Inc. (NASDAQ: RSOL), Suntech Power Holdings Co. Ltd. (NYSE: STP), Valence Technology Inc. (NASDAQ: VLNC), and Verenium Corp. (NASDAQ: VRNM). That’s quite a list, especially if you consider how far these companies are down from their 52-week highs (as of yesterday’s close):
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Posted on: March 25, 2009 – 9:39 am in Alternative Energy, Green Biz, , , , , , , ,

Dreaded ‘Going Concern’ Notes Head To Alternative Energy (AVR, BCON, EPG, VRNM)

burning-money-pic22If there is one phrase that a company does not want to see in its annual report, it is “GOING CONCERN.”  This hinges on a company’s ability to operate financially as a viable business.  March is the month where we see many “going concern” notes from auditors, but what makes this interesting is that we are seeing this phrase applied to alternative energy companies.  They are supposed to be the thing of the future.
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Posted on: March 17, 2009 – 8:02 am in Accounting, Alternative Energy, Annual Report, Green Biz, , , ,

Despite Issues, BP Kicks Off Cellulosic Ethanol Project (BP, VRNM, DD)

bp-logoMaking ethanol from corn has fallen out of favor. The next big thing is making the stuff from non-food feedstock like switchgrass, corn stalks, and wood chips. There is a lot of potential here, but some of the problems with corn-based ethanol remain.  BP plc (NYSE: BP) has announced a joint venture with Verenium Corporation (NASDAQ: VRNM) to develop a cellulosic ethanol plant in Florida capable of pumping out 36 million gallons of ethanol annually.
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Posted on: February 19, 2009 – 10:16 am in Alternative Energy, Green Biz, , ,

Top Pre-Market Analyst Upgrades (HD, ILMN, MFE, NAV, OMX, VTA, VRNM, WAT)

These are some of the top upgrades or positive calls we are seeing from analysts this Friday morning:

  • Home Depot (HD) Started as Outperform at FBR.
  • Illumina (ILMN) Started as Overweight at Morgan Stanley.
  • McAfee (MFE) Started as Buy at American Technology & Research.
  • Navistar (NAV) Raised to Overweight at JPMorgan.
  • OfficeMax (OMX) Started as Outperform at FBR.
  • Van Kampe Dynamic Credit Fund (VTA) Started as Perform at Oppenheimer.
  • Verenium (VRNM) Started as Buy at Lazard.
  • Waters Corp. (WAT) Started as Overweight at Morgan Stanley.

Jon C. Ogg
September 5, 2008

Posted on: September 5, 2008 – 6:59 am in Analyst Calls, , , , , , , ,

Verenium Scores on BP Cellulosic Ethanol Pact (VRNM, BP)

Verenium_logoWe noticed Verenium Corp. (NASDAQ: VRNM) over at our "price/volume spike" this morning and realized what the cause was.  The company’s stock is gapping up significantly after announcing that it has secured a biofuel production pact with BP plc (NYSE: BP).   The pact will lead to cellulosic ethanol development and commercial production using non-food stocks and Verenium will receive $90 Million in funding from BP over the next 18 months. 

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Posted on: August 6, 2008 – 8:12 am in Alternative Energy, Oil & Gas, ,