Archive for August 2011

Tech Stock on the Move; JDS Uniphase Earnings Review

Tech Stock on the Move; JDS Uniphase Earnings Review

RBC Capital yesterday raised its price target on JDS Uniphase Corp. (NASDAQ: JDSU) stock from $16 to $18. JDS Uniphase, which provides communications test and measurement solutions and optical products for telecommunications service providers, wireless operators, cable operators and network equipment manufacturers, earlier this month released its fourth-quarter financial results. JDS Uniphase reported fourth-quarter net revenue of $471.8 million, compared - Continue Reading »

Stock Alert for Aeterna Zentaris Inc. (AEZS)

Aeterna Zentaris Inc. (AEZS) is a late-stage oncology drug development company currently investigating potential treatments for various cancers including colorectal, multiple myeloma, endometrial, ovarian, prostate and bladder cancer. The Company’s innovative approach of “personalized medicine” means tailoring treatments to a patient’s specific condition and to unmet medical needs. AEZS’s deep pipeline is drawn from its proprietary discovery unit providing the - Continue Reading »

Stock Alert for Sprint Nextel Corp. (S)

Sprint Nextel Corp. (S) offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. It served more than 52 million customers at the end of the second quarter of 2011 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a - Continue Reading »

Active Pink Sheet in the News; Crowne Ventures shuts-down Takeover Rumors

Active Pink Sheet in the News; Crowne Ventures shuts-down Takeover Rumors

Crowne Ventures Inc. (PINK: CRWV) is getting its share of market attention this week, driving a flurry of trading activity. The company yesterday dispelled rumors of a $4 per share buyout offer from Yumana Gold Inc. The company said that a press release about the takeover appeared without its knowledge or approval. Crowne Ventures discovered the posting on an Internet - Continue Reading »

Stock Alert for Miller Energy Resources Inc. (MILL)

Miller Energy Resources Inc. (MILL) is an oil and natural gas exploration, production and drilling company operating in multiple exploration and production basins in North America. Its focus is in Cook Inlet, Alaska and in the heart of Tennessee’s prolific and hydrocarbon-rich Appalachian Basin including the Chattanooga Shale. During the year ended April 30, 2011, MILL began completion work on - Continue Reading »

Stock Alert for Crowne Ventures Inc. (CRWV)

Crowne Ventures Inc. (CRWV) is a mining company engaged in the exploration, development, mining and processing of precious metals. The Company has focused these efforts in the Tecuala Mining area in the state of Nayarit, Mexico. - Continue Reading »

Nasdaq Stock to Watch; OmniVision on the Rebound

Nasdaq Stock to Watch; OmniVision on the Rebound

OmniVision Technologies Inc. (NASDAQ: OVTI) shares this morning started a recovery from Friday’s plunge as investors reacted on worries that the chip-maker will lose all or some its iPhone market share. OmniVision shares climbed more than 3% at market open after closing down 30.42% lower Friday. - Continue Reading »

Stock Alert for Hercules Offshore Inc. (HERO)

Hercules Offshore Inc.  (HERO) is a provider of offshore contract drilling, liftboat and inland barge services with operations spanning the globe. It operates the fourth largest fleet of jackups in the world as well as the largest liftboat and inland barge fleets. The Company’s fleet is capable of performing services including oil and gas exploration and development drilling, well service, - Continue Reading »

Stock Review; YRC Worldwide Shares reverse from Brief Spike

Stock Review; YRC Worldwide Shares reverse from Brief Spike

YRC Worldwide Inc. (NASDAQ: YRCW) reversed from yesterday’s 26.81% gains, dropping nearly 4%to $0.750 in today’s morning session. YRC has been trying to avert a bankruptcy, and last month completed a financial restructuring and issued notes for $100 million in new capital. The company expects the financial restructuring and additional capital to provide it with sufficient liquidity. - Continue Reading »

Stock Alert for Sigma Designs Inc. (SIGM)

Sigma Designs Inc.  (SIGM ) is a fabless provider of highly integrated system-on-chip (SoC) solutions that are used to deliver multimedia entertainment throughout the home.  It offers four separate product lines: media processor, home networking, video image processors and home control and energy management automation products.  Each of these product lines contributes to its fully integrated SoC offerings.  The Company - Continue Reading »