Stock Market Alert: MSO had a strong day on Tuesday, trading up over 5% to close the regular session at $21.20 after the company reported their Q3 earnings report. The stock was the beneficiary of a surge in advertising, as they reported revenues of $61.05 million dollars, up from $41.32 million dollars in the year-ago […]
Stock Market Alert: ASTM soared on Monday, trading up over 11% to close the regular session at $1.60. Volume was extremely heavy, with over 7.3 million shares of the stock changing hands, compared to a normal daily average volume of 1.8 million shares traded. The stock was up on Monday due to relative strength in […]
CTXS was battered on Thursday, trading down almost 20% after the company reported their Q3 earnings. Analysts seemed to be particularly worried about the fact that CTXS missed by $8 million on their licensing revenues, even though general revenues came in only $3 million dollars below forecasts. The company beat consensus earnings estimates by one […]
Level 3 Communications Inc. on Tuesday said it agreed to buy rival Broadwing Corp. for $1.45 billion in cash and stock to expand its services for other telecommunications providers as well as corporate customers.
The deal is the latest in a shopping spree by Level 3, which this year agreed to buy privately held companies Looking […]
MOT is currently trading down in afterhours after the company reported Q3 revenues that fell short of Wall Street expectations.
The earnings met Wall Street’s estimates, but sales of the company’s hot-selling Razr phones left total revenue still nearly half a billion dollars lower than forecast.
Earnings for the July-through-September period were $968 million, or 39 cents […]
Stock Market Alert: FNSR put in a big session on Monday, trading up almost 9% to close the session at $4.12. Volume was extremely high, with over 31 million shares of the stock changing hands, compared to a normal daily average volume of 10.6 million shares. I didn’t see any news out on FNSR today, […]
Stock Market Alert: LRCX had an extremely strong day on Friday, trading up over 6% to close the session at $51.66. Volume was extremely high on Friday, with 9.2 million shares of the stock changing hands, compared to a normal daily average volume of 3.7 million shares traded. Earlier in the week, the company announced […]
Stock Market Alert: GOOG closed out an interesting week, basically trading flat on Friday in a week that saw GOOG purchase Youtube.com for over 1.6 billion dollars. GOOG finished up the week pretty much where it started, at $427. Next week is shaping up to be a big week for GOOG as well, as the […]
Stock Market Alert: CYTR surged on Friday, trading up over 26% to close the day at $1.55. Volume was extremely heavy, with over 11.7 million shares of the stock changing hands, compared to a normal daily average volume of 864k shares. The stock closed Friday with a market cap of $109 million dollars, and currently […]
Stock Market Alert: LPTH surged 43% higher on Friday after the company reported that revenues for the quarter ended September would come in at $4.4 million dollars, up 62% from the year ago period. Volume was extremely heavy on the day, with over 2.6 million shares of the stock changing hands, compared to a normal […]