Aventine Renewable Energy (NYSE: AVR) Bad earnings and liquidity issues. Down to $6.79 from 52-week high of $20.85. Life Time Fitness (NYSE: LTM) Bad outlook from 2008. Sells off to $30.40 from 52-week high…
Earl Wayne Garrison, Chairman of J B Hunt Transport Services, Inc. (NASADAQ: JBHT), just disclosed in an SEC filing that he made a sale of common stock in the company. It wasn’t a small…
Next week we are getting dual earnings reports out of Sirius Satellite Radio (NASDAQ: SIRI) and from XM Satellite Radio (NASDAQ: XMSR). We are also waiting for a Department of Justice approval decision, and…
Transoma Medical, Inc. withdrew its IPO filing this morning, citing “unfavorable market conditions.” The company originally filed its IPO paperwork on October 12, 2007 and had planned to trade on the Nasdaq Global Market…
Siemens (NYSE: SI) joins the short list of big companies which claim that they are seeing no weakness in their global businesses. “It’s clear that we’re entering a phase of slowdown in the world,” …
China Railway Construction Corp., the second largest Chinese railroad builder, intends to raise $3.6 billion from its IPO offering in Shanghai. Reuters has reported that the state-run company will offer some 2.8 billion A…
Perhaps the prospect of Level 3 (NASDAQ: LVLT) COO Kevin O’Hara speaking at the Merrill Lynch Communications Services Forum next week drove investors out of the stock. Shares were at $2.50 two days ago…
Cbeyond (NASDAQ: CBEY) shares were hit with the Hammer of Thor today, trading off 33% to $15.58. That compares to a 52-week high of $46.51. The firm did post rough earnings. Revenue moved up…
The NYSE Euronext has commenced the launch of trading of an ETF, actually an ETN, that will allow traders to trade several currencies just like buying or selling a stock. 5 Elements Spot Currency…
2007 and 2008 aren’t turning out to be the best years for GSE’s like Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). Things just got worse for these two this morning. Merrill Lynch…
Conexant Systems Inc. (NASDAQ: CNXT) is going to try a reverse stock split to juice its shares. As the stock trades 6 million shares per day and is at the very lowest-end of its…
Adherex Technologies Inc. (AMEX: ADH) has announced that it has received an orphan drug designation for its ADH-1 from the FDA for the use of ADH-1 in conjunction with melphalan for the treatment of…
Japan Airlines management is so upset about delays in the Boeing (NYSE: BA) 787 that it may turn to Airbus for planes. According to Reuters "JAL, which had planned to buy 55 787 planes,…
Markets in Europe were down at 7.35 AM New York time. The FTSE fell .2% to 5,919. GlaxoSmithKline (GSK) was down 1.2% to 1121. Next was down 4.7% to 1293. The DAXX dropped 1.1%…
United Natural Foods Inc, (NASDAQ: UNFI) was beaten like a rented mule last night in after hours trading after an earnings disappointment and an earnings warning. The company is not yet seeing any leverage…
These are some of the research calls we are looking at this morning that are impacting shares in early pre-market trading: Arcelor Mittal (NYSE: MT) raised to Buy at Deutsche Bank. Discovery Holding (NASDAQ:…
We’ve seen the consolidation happening on the global exchanges. They are becoming larger and larger powerhouses, and some are coming under more and more scrutiny. This morning’s New York Post ran a piece titled…
LG Electronics, the world’s No.5 handset maker, recently said it could win more share from Motorola (NYSE: MOT)."Yes, we’ll increase our market share sharply," LG’s chief executive Nam Yong said, when asked by Reuters…
One of the solutions for fighting the high price of oil is to increase the supply. That seems simple enough, but it is expensive, at least for oil companies. OPEC is not lowering prices…
Business Week’s "Inside Wall Street" weekly column has been known for moving stocks. In fact it has been influential enough that people have been busted for insider trading via getting the names ahead of…