Archive for July 2011

Apple surprises again: Record Earnings, Revenue and Cash Flows

Apple surprises again: Record Earnings, Revenue and Cash Flows

Apple Inc.’s (NASDAQ: AAPL) shares surged to a record of $405 in the aftermarket trading on July 19, after the company’s Q3 FY 2011 results topped once more its previous guidance and consensus estimates. The stock is trading at $389 this morning. The upward rally was triggered by record revenue and earnings for Q3 FY 2011, as well as impressive - Continue Reading »

Stock Alert for Portage Resources Inc. (POTG)

Portage Resources Inc. (POTG), a pre-exploration stage mineral company, focuses on the exploration and production of precious and base metals in Peru. The Company plans to recognize and acquire near-term production mining properties.  Its Peruvian management team intends to research, review and prove any reserves for the purpose of production. - Continue Reading »

Stock Alert for Advanced Battery Technologies Inc. (ABAT)

Advanced Battery Technologies Inc. (ABAT) engages in the development, manufacture and distribution of rechargeable polymer lithium-ion (PLI) batteries. The Company’s products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other electronic devices. ABAT’s batteries combine high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries. - Continue Reading »

NABI sinks to Decade Record Low on disappointing Trial Results

NABI sinks to Decade Record Low on disappointing Trial Results

Shares of Nabi Biopharmaceuticals (Nasdaq:NABI) continued yesterday’s 64% plunge this morning, down nearly 2% shortly after market open. The trading activity comes after the company reported disappointing results from a confirmatory late stage clinical trial for its nicotine addiction treatment NicVAX (Nicotine Conjugate Vaccine). Nabi reported that a preliminary assessment of the trial data indicated that NicVAX could induce only 11% - Continue Reading »

Stock Alert for Liz Claiborne Inc. (LIZ)

Liz Claiborne Inc. (LIZ) engages in the design and marketing of a global portfolio of retail-based premium brands including Juicy Couture, kate spade, Lucky Brand and Mexx. The Company also has a refined group of department store-based brands with strong consumer franchises including the Monet family of brands, Kensie, Kensiegirl, Mac & Jac, and the licensed DKNY Jeans and DKNY - Continue Reading »

Stock Alert for Ener1 Inc. (HEV)

Ener1 Inc. (HEV), an energy storage technology company, develops compact, lithium-ion-powered battery solutions for the transportation, utility grid and industrial electronics markets. It has more than 700 employees with manufacturing locations in the United States and Korea. The Company also develops commercial fuel cell products and nanotechnology-based materials. HEV had net sales of $77.4 million for the fiscal year 2010, - Continue Reading »

News Corp. sinks Deeper as Hacking Scandal Moved to Australia

News Corp. sinks Deeper as Hacking Scandal Moved to Australia

Shares of News Corp. (Nasdaq: NWSA) fell nearly 4% this morning, shortly after Les Hinton, head of the media company’s Dow Jones unit, resigned as a result of the phone-hacking scandal surrounding NWSA’s publication, News of the World. The news came shortly after Rebekah Brooks, the former CEO of the company’s UK business arm, resigned on June 15. Moreover, the - Continue Reading »

Stock Alert for Oilsands Quest Inc. (BQI)

Oilsands Quest Inc. (BQI) engages in a variety of projects in the oil and gas sector and in particular the oil sands and oil shale sectors in Western Canada. The Company exploring Canada’s largest contiguous oil sands land holding, which is located in northeast Alberta and northwest Saskatchewan, where it is leading the development of an oil sands industry in - Continue Reading »

Stock Alert for Gasco Energy Inc. (GSX)

Gasco Energy Inc. (GSX) is a natural gas and petroleum exploitation, development and production company engaged in locating and developing hydrocarbon resources, primarily in the Rocky Mountain region.  The Company’s principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases.  GSX - Continue Reading »

Nasdaq Leader; Vical climbs on Licensing Agreements with Astellas

Nasdaq Leader; Vical climbs on Licensing Agreements with Astellas

Shares of Vical Inc. (Nasdaq:VICL) surged 11.6% to $4.80 in the aftermarket trading yesterday, continuing to climb more than 5% this morning after the company said it will receive up to $130 million in upfront and milestone payments as part of a licensing and development agreements with Astellas Pharma Inc. (TOKYO: 4503) The license deals cover the development and commercialization - Continue Reading »