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Warren Resources, Inc. (NASDAQ: WRES) reports controversial Q3 results
2008-11-07 23:23:00
Warren Resources , Inc. (NASDAQ: WRES) dropped sharply after announcing the company had a 420% year to year increase in net income. This drop was most likely due to a decrease on a quarter to quarter basis. Still, the company has many upsides in their business plan, making it worth keeping an eye on. After significant trading volume today, which was almost twice the 3 month average, the shares were down $0.11 or 2. read more in hotstocked.com
More About: Warren , Results , Controversial , Nasdaq

Video text messaging company gets $5 million in funding
2008-11-07 23:23:00
Mogreet , a mobile video messaging company, announced yesterday they have received $5 million in Series B venture capital financing. Investors included Ascend Ventures, Black Diamond Ventures, and Spyglass Ventures as well as DFJ Frontier which had already invested in the company before. The company will also see new members joining their management. read more in hotstocked.com
More About: Video , Company , Funding , Text , Million

Energy Partners, Ltd. (NYSE: EPL) - a company with perspective?
2008-11-07 23:17:00
Energy Partners , Ltd. (NYSE: EPL) announced their quarterly financial results yesterday. The company's stock rallied over 10% right after the announcement, but ended the day at $3.42, up 12%. It after hours trading today it remained basically at that price level. Energy Partners reported quarterly income of $34.4 million which was a great improvement considering the nearly $4 million loss the company incurred a year ago. Such net income however was achieved on lower revenues. read more in hotstocked.com
More About: Company , Energy , Perspective

Penny stock losers of the day: (NYSE: PKD) and (AMEX: LNG)
2008-11-06 15:09:00
After a short term rally, the market seems to have resumed its downward journey. Some companies might withstand a turnaround, but others are in such an unfavorable position so as to be further beaten down due to overall negative market movement. We are going to take a look today at two penny stocks that meet that criterion. The first one is Parker Drilling Company (NYSE: PKD). Their stock closely correlates with the market direction and this puts them on the list of potential losers. read more in hotstocked.com
More About: Stock , Penny stock , Losers , Amex , Penny

Spongetech Delivery Systems, Inc. (OTCBB: SPNG) boldly moving forward!
2008-11-04 20:59:00
Spongetech Delivery Systems , Inc. (OTCBB: SPNG) seems to be getting more attention from investors lately. And there is a good reason for that. A lot has changed since the last time we took a look at the company . The company has expanded its business, began generating some real profits and has means of further improving their position in the market. read more in hotstocked.com
More About: Moving , Forward

21st Century Holding Co. (NASDAQ:TCHC) goes down after earnings annoucement
2008-11-04 14:47:00
It seems things didn't go to well for 21st Century Holding Co. (NASDAQ:TCHC) . The company has recently paid out dividends and their stock had been on a rally for the past week. What hit the price down in the last trading session was the company's quarterly results announcement. The company reported their operating results on September 30, 2008. Their net loss for the period totaled $1.5 million or $0.19 per share. This was a truly adverse change compared to net income of $1. read more in hotstocked.com
More About: Earnings , Nasdaq

NxtGen Emission Controls Inc. announces private capital placement
2008-11-03 14:28:00
NxtGen Emission Controls Inc. announced on October 31, that the company had closed a $15.4 million private capital placement deal. The investment was lead by Altira Group LLC. " read more in hotstocked.com
More About: Private , Capital

False market recovery signals stocks to move: (NYSE: FIG), (NYSE: AEA)
2008-10-31 00:02:00
The major market indexes showed significant increases after it was announced that the U.S. economy saw a less than expected decrease in third quarter. The government reported the economy, as measured by the GDP, shrank 0.3%. The Dow Jones Industrial Average increased 1.8%, while the S&P 500 increased 2.2% and the Nasdaq Composite rose 2%. Many stocks benefited from such a move in the market. All market sectors already had seen an increase varying from 0. read more in hotstocked.com
More About: Stocks , Recovery , Market , Move

A bright day for Genelabs Technologies (NASDAQ: GNLB)
2008-10-30 16:42:00
Today, we have an example of how truly rewarding a penny stock might prove to investors. Genelabs Technologies (NASDAQ: GNLB) jumped more than 420% in a single day. The company closed at just $0.23 yesterday and has risen to $1.20 in pre-market trading today. The price hasn't dropped a bit after the market opened and there is a chance it will continue on a somewhat uptrend for today. read more in hotstocked.com
More About: Bright , Nasdaq

Nexen, Inc. (NYSE: NXY) stock rises along with whole energy sector
2008-10-29 19:46:00
The energy sector saw a vast increase over the few last hours of yesterday's trading session. The increase might be related to overall price burst in individual stocks. Since many companies were able to benefit significantly from increasing oil prices, this would be no surprise. The quarterly reports are coming in, and with many of them showing increases in profits, their stocks ahve rising accordingly. A good example is Nexen , Inc. (NYSE: NXY) . The company's report was  read more in hotstocked.com
More About: Energy , Stock

Crisis leads to further plunge of housing costs in the U.S.
2008-10-28 18:49:00
The prices of single-family homes in the U.S. plummeted 16.6% since last year. The fall was even larger in Las Vegas, Phoenix, Miami, San Francisco and San Diego where the decreases reached over 25%. Home prices fell approximately 1% in August alone; however, the rate of acceleration in decline seems to be moderating. Such a steep drop comes from a huge supply of homes, as well as tightened lending standards and record foreclosures. David M. read more in hotstocked.com
More About: Leads , Housing , Crisis , Costs

Technitrol, Inc. (NYSE: TNL) falls after earnings report
2008-10-27 22:19:00
Technitrol, Inc. (NYSE: TNL) traded with a small increase today after the sudden drop on Friday, October 24, 2008, when the stock lost over 34% in just one day. The drop was mostly related to the latest operating results disclosure. The company has posted its operating results for the third quarter 2008. Technitrol disclosed 24 million, or nearly 8%, decrease in revenues on quarter to quarter basis. The company also announced they will be selling part of their business. read more in hotstocked.com
More About: Report , Earnings , Falls

Energy industry losers of the day (NASDAQ:WRES) and (NYSE:YZC)
2008-10-27 20:06:00
Warren Resources, Inc. (NASDAQ:WRES) dropped more than 15% after the market opened today, October 27, 2008. There was no particular reason for such a sharp drop to occur, however it made the company's stock even more undervalued. Those who follow the stock know of a shareholder rights plan the company adopted not so long ago. The company had announced the plan shortly after the share price had dropped to somewhere near its current level. Warren currently has a PEG ratio of 0.11. read more in hotstocked.com
More About: Industry , Energy , Nasdaq , Losers

Accuray Incorporated (Nasdaq: ARAY) shows improvement
2008-10-27 16:04:00
Accuray Incorporated (Nasdaq : ARAY) engages in the creation of systems for radiosurgery treatment. Their proprietary CyberKnife Robotic Radiosurgery System offers the ability to non-invasively treat various tumors insider the body. The technology allows achieving extraordinary accuracy and serves a safer method of surgery. Accuray Incorporated (NASDAQ: ARAY) announced today, the company achieved 38% increase in extracranial treatments using the company's technology during fiscal 2008. read more in hotstocked.com
More About: Improvement

Arginetix, Inc. gets $2.3 million in initial funding round
2008-10-27 15:49:00
Arginetix, Inc. announced on October 23, 2008, the company has received $2.3 million in initial financing. The financing mainly came from Quaker BioVentures and MedImmune Ventures followed by investments from Red Abbey Venture Partners, Maryland Health Care Product Development Corporation and Acidophil LLC. "We are thrilled by the high quality of investors participating in this financing. read more in hotstocked.com
More About: Funding , Million , Round

The Wet Seal, Inc. (NASDAQ: WTSLA) losses a board member
2008-10-24 01:48:00
The Wet Seal , Inc. (NASDAQ: WTSLA) announced today, of the company's board members, Harold Kahn, resigned his position. Mr. Kahn resignation is immediate and concurs with his appointment as CEO for Steeve & Barry's . "Since joining the Wet Seal board in January 2005, Hal brought tremendous merchandising insight to the Company as we successfully navigated a turn-around of the Wet Seal division," said Alan Siegel, chairman of Wet Seal. " read more in hotstocked.com
More About: Board , Nasdaq , Losses

EDENOR S.A. (ADR) (NYSE:EDN) - a right stock for speculation?
2008-10-23 20:17:00
EDENOR S.A. (ADR) (NYSE:EDN) remains on a rally up for no apparent reason. The stock had gained over 28% in the middle of trading session. The share price might simply be following market direction as there was no event that could trigger such a sharp increase. The Utilities sector, which the company is in, saw an increase of over 26% up till midday of trading session. Empresa Distribuidora y Comercializadora Norte S.A. operates as an electricity distribution company in Argentina. read more in hotstocked.com
More About: Stock

Gambling with Dendreon Corporation (NASDAQ: DNDN)
2008-10-07 18:33:00
Dendreon Corporation (NASDAQ: DNDN) stock gained 33% shortly before yesterday's open and closed at $6.93. The fuss was created by news announcement stating that it has completed the study on the effect of its experimental drug Provenge. The drug proved to reduce the risk of death by 20% for men with advanced prostate cancer. Joel Sendek, analyst at Lazard Capital Markets, commented on the results: " read more in hotstocked.com
More About: Gambling , Nasdaq

China Energy Recovery Inc. (OTCBB: CGYV) - hot in the news!
2008-10-07 18:31:00
China Energy Recovery , Inc. (OTCBB: CGYV) has released an announcement yesterday, October 6, 2008, just to show how much potential they have. Apparently the company's contracts for the nine months ended 2008 has reached approximately $19 million. This figure is not only impressive but also shows significant growth. China Energy had only $16 million in sales over the whole 2007. CER Chairman and CEO, Mr. Qinghuan Wu, was pleased with the company's performance: " read more in hotstocked.com
More About: News , China , In the News

Spire Corporation (NASDAQ: SPIR) at risky point
2008-10-07 18:28:00
Spire Corporation (NASDAQ: SPIR) stock performance has been fascinating for the last half a month. Gaining more than 50% since mid September, this solar stock is currently amongst the top performers. The rally started after Spire has received large solar module order from GreenBrilliance LLC. And it seems this even only ignited the increase in price, as the company's performance was getting better even without this order. read more in hotstocked.com
More About: Spire , Nasdaq , Point

Any potential in BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX)?
2008-10-03 15:23:00
BioCryst Pharmaceuticals , Inc. (NASDAQ: BCRX) stock took a hit when the company announced their drug candidate had no effect on the targeted skin disease. The share price sank nearly 30% over a two week period after the announcement. Still the stock managed to recover and even ended up amongst unusual movers of the day on September 29, 2008, when most other stock moved down. So is there potential for BioCryst's stock to climb higher? It is hard to give an answer to that. read more in hotstocked.com
More About: Nasdaq

Bradford & Bingley - Another Loser (LSE: BB)
2008-10-03 15:19:00
The global credit crisis is far from over, as news broke out that Bradford & Bingley (LSE: BB) , a British bank is another casualty of the global economic sunset. On Monday shares in banking sector fell sharply again after it had been announced that Bradford & Bingley will be nationalised and the Spanish bank Santander will be buying all of Bradford & Bingley's savings business. Bradford & Bingley is the second British bank to go into the Government's hands. read more in hotstocked.com
More About: Loser

Can SIGA Technologies, Inc. (NASDAQ:SIGA) go higher after capital infusion?
2008-10-03 15:16:00
SIGA Technologies , Inc. (NASDAQ:SIGA) share price continues its upward climb after the company has received $20 million from the National Institute of Allergy and Infectious Disease, a division of the National Institutes of Health, to advance the research and development of ST-246 for a therapeutic indication. This is good news indeed for a company that has been incurring losses for the past 5 years. read more in hotstocked.com
More About: Nasdaq , Higher , Infusion , Capital

Hoku Scientific, Inc. (NASDAQ:HOKU) - successfully moving forward
2008-10-03 15:12:00
Hoku Scientific, Inc. (NASDAQ:HOKU) has recently signed a contract with Idaho Power for a supply of electricity for its new, not yet built, production facility in Idaho. Hoku has secured a reasonably priced amount of power needed to support the production of 4000 metric tons of polysilicon production a year. Dustin Shindo , chairman and CEO of Hoku, was happy with this achievement: " read more in hotstocked.com
More About: Moving , Nasdaq , Forward

Warren Buffett's Gamble on Goldman Sachs
2008-10-03 15:09:00
He is probably, the most successful investor in history. He owned around $62 billion in his bank accounts and was ranked the richest person in the whole world by Forbes as of February 11, 2008. That's right, that's Warren Buffet. When the news broke out that he is putting $5 billion into Goldman Sachs , the question was asked, is this another well-thought Buffett bet? Well, you could say so. Goldman Sachs's shares have lost almost half of its value since the subprime mortgage crisis. read more in hotstocked.com
More About: Gamble

OpenTV Corp. (NASDAQ: OPTV) expands!
2008-09-24 18:00:00
OpenTV Corp. (NASDAQ: OPTV) announced on September 23, 2008, the company has acquired Ruzz TV Pty Ltd., a provider of software for broadcasters. While terms of the deal were not disclosed, OpenTV has stated they have purchased Ruzz to enhance its offerings. Ben Bennett, CEO of OpenTV commented on the acquisition: “Ruzz TV is an innovative provider of high-quality technology solutions for broadcasters. read more in hotstocked.com
More About: Nasdaq

Morgan Stanley (NYSE: MS) Puts 20% of its Business on the Table
2008-09-23 20:56:00
Morgan Stanley said on Monday that it's ready to sell 20% of its business to Mitsubishi UFJ Financial Group, Inc., so it could breathe easier in the upcoming months of the credit crunch. According to the announcement, Morgan Stanley and Japan’s largest banking group and the world’s second largest bank holding company is in the final stages of talks. Both sides still haven’ read more in hotstocked.com
More About: Business , Morgan Stanley , Morgan , Table

Dollar Continues Rise against Euro
2008-09-07 21:35:00
Dollar Continues Rise against Euro The U.S. dollar continued its rise against the Euro. The Euro traded as low as $1.42 against the US dollar on Thursday, September 4, 2008. U.S. interest rates have been significantly lowered this year as the economy shows more and more signs that it has entered a recession. In addition inflation fears remain a concern so rates will probably remain steady or rise slightly in the next several months. read more in hotstocked.com
More About: Dollar , Rise Against

Circle Oil (AIM: COP) Receives £33 Million Injection
2008-09-05 20:05:00
Oil and gas explorer, Circle Oil (AIM: COP) secured an important cash injection of £33 million on Friday, which will help it to develop its projects in Morocco, Tunisia and Egypt. The AIM-quoted company offered 173.7m new ordinary shares at a price of 19p each, though throughout the whole August shares have been trading at 20p or higher. Libya Oil Holdings, gave £19m acquiring a 29.66% stake, and Kaupthing Bank, which spent £10m on a 15. read more in hotstocked.com
More About: Million , Injection

Xinyuan Real Estate Co. (NYSE: XIN) First Half 2008 Net Income Up 115%
2008-09-04 20:39:00
Xinyuan Real Estate Co. (NYSE: XIN) First Half 2008 Net Income Up 115% Xinyuan Real Estate Co. revenues for the second quarter of 2008 increased 17% to $87.7 million from $74.8 million for the second quarter of 2007. Net income for the second quarter of 2008 decreased 9% to $13.2 million from $14.6 million in 2007 due to weaker market conditions caused by tightened credit supply and slowing buyer demand. Revenues for the first half 2008 increased 118% to $212.9 million from $97. read more in hotstocked.com