Blog

Sonus Networks jumps 23% on Surprising Q4 Results and Bullish Guidance

Sonus Networks Inc. (Nasdaq: SONS) shares surged nearly 23% to trade at $3.79 this morning, fueled by the company’s quarterly results and outlook for 2011 run above analyst expectations. The stock peaked at $3.75 last October and has not exceeded the $4 level since August 2008, however, it hit as high as $4.13 in yesterday’s extended action. - Continue Reading »

Stock Alert for Delta Petroleum Corp. (DPTR)

Delta Petroleum Corp. (DPTR) is an independent oil and gas company engaged primarily in the exploration for, and the acquisition, development, production and sale of, natural gas and crude oil. The Company’s core area of operation is the Rocky Mountain Region, where the majority of its proved reserves, production and long-term growth prospects are located. The Company has a significant - Continue Reading »

Hercules Offshore Soares on Triple-digit Oil Prices and Political Support

Hercules Offshore Inc. (Nasdaq: HERO) surged 18% yesterday, continuing to climb this morning, driven by sky-rocketing oil prices and the subsequent resumption of political pressures on the U.S. Department of Interior to soften the offshore drilling policies. By the end of the day, more than 16.5 million shares changed hands, and the price hit $4.98; the 90-day average daily volume - Continue Reading »

Tech Talk; FARO Technologies Surges 18%

The shares of FARO Technologies Inc. (Nasdaq: FARO) surged 18% yesterday, after the company reported excellent results for Q4 2010 and record backlog providing a solid foundation for stronger results going forward. The stock closed the February 24 trading session at $35.19, gaining 47.5% over last year. FARO Technologies designs, develops and markets portable, computerized measurement devices. The company’s principal - Continue Reading »

Endologix Climbs 11% on Unexpected Profitability

The shares of Endologix Inc. (Nasdaq: ELGX) climbed 10.6% on February 23 after the company reported better-than-expected results and turned to profitability in Q4 2010. By the end of the day, more than 2.2 million shares changed hands, six times above the trailing 3 months average daily volume, and the stock price hit $6.08. The company lost 15% since the - Continue Reading »

SIGA Technologies Soared 19% on expected Antiviral Contract

The shares of SIGA Technologies Inc. (Nasdaq: SIGA) surged 19% on February 22, after the company announced that a unit of the U.S. Department of Health has issued a new Request for Proposal for smallpox antiviral medications. Under the proposed contract, the Biomedical Advanced Research and Development Authority (BARDA) would procure 1.7 million courses of the treatment, with an option - Continue Reading »

Strong silver prices keep Silver Wheaton Soaring

The shares of Silver Wheaton Corp. (NYSE: SLW) followed the bouncing ride of silver prices this year and recovered in February after a 25% dip in January. As of February 18, the company traded at $39.18, compared to $38.58 at January 3. Silver prices declined 10% in January, however, bounced back 20% in February to $33.43 per oz as of - Continue Reading »

Brocade shares Surge 10% on Better-than-expected Q1 Results

Brocade Communications Systems Inc. (NASDAQ: BRCD) shares climbed 9.80% to $6.61 this morning, fueled by the company’s quarterly results that ran above analyst expectations. - Continue Reading »

Solid Q4 Results to alleviate Inspire Pharmaceuticals Pipeline Fiasco

Inspire Pharmaceuticals Inc. (NASDAQ: ISPH) climbed 4% in the after-hours trading of February 16, as the company has scheduled to announce the fiscal 2010 results the next day and the market was anticipating another earnings surprise. The market expectations are supported by the fact that ISPH has beaten the analyst estimates by an average of 29.5% over the last year. - Continue Reading »

Nasdaq Hot Stock Century Aluminum surges on Q4 Profitability

Century Aluminum Company (NASDAQ: CENX) shares climbed  6% this morning, still reeling from yesterday’s  news that the company swung to profitability in Q4 2010 on strengthening economic growth and soaring commodities prices. CENX owns primary aluminum capacity in the United States and Iceland, which currently stands at 785,000 tonnes. In particular, the company owns and operates a 244,000 tonne plant - Continue Reading »