Wednesday, June 17, 2009 9:13:22 AM
US HOT STOCKS: Savient Pharma, Adobe Active In Late Trading
Tuesday 06/16/2009 4:49 PM ET - T
U.S. stocks closed down Tuesday, as the Dow Jones Industrial Average fell 1.2% to 8504, the S&P 500 slipped 1.3% to 912 and the Nasdaq Composite lost 1.1% to 1796. Among the companies actively trading in the after-hours session are Savient Pharmaceuticals Inc. (SVNT), Adobe Systems Inc. (ADBE) and Whiting Petroleum Corp. (WLL).
SmarTrend(R) News Watch: STEC Boosts Guidance, Shares Surge
Tuesday 06/16/2009 3:30 PM ET - Comtex SmarTrend(R)
STEC Inc. (NASDAQ:STEC) shares jumped 28% after the memory chip manufacturer increased its guidance, now anticipating EPS ex-items of 32-36 cents, vs. consensus estimates of 21 cents per share. That is higher than prior guidance of 20-22 cents announced May 11th. The company also said it see revenues in the quarter of $82 million to $84 million, up from prior guidance of $68 million to $70 million. Consensus estimates are for revenue of $69 million. The increase in EPS and revenue is larg
STEC (STEC) NewsBite - STEC Hits 52-Week High
Tuesday 06/16/2009 3:00 PM ET - FreshBrewedMedia
STEC (NasdaqNM: STEC) hit a new 52-Week high of $23.89 so far today. Currently the stock is up $5.27 (29.25%) to $23.29 on 8,142,490 shares traded. Today's high is up $19.87 from a 52-Week Low of $3.42. STEC stock has been showing support around $17.01 and resistance in the $19.49 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for STEC. If you are looking for a hedged play on STEC the stock seems like it could be a candidate for a July
US HOT STOCKS: La-Z-Boy, STEC, Matrixx Initiatives
Tuesday 06/16/2009 2:07 PM ET - T
U.S. stocks were down Tuesday, as the Dow Jones Industrial Average recently fell 75 points to 8537 and the S&P 500 slipped 9 points to 915. The Nasdaq Composite lost 11 points to 1805. Among the companies actively trading are La-Z-Boy Inc. (LZB), STEC Inc. (STEC) and Matrixx Initiatives Inc. (MTXX).
US HOT STOCKS: La-Z-Boy, STEC, Harman, American Caresource
Tuesday 06/16/2009 12:25 PM ET - T
U.S. stocks were mixed Tuesday, as the Dow Jones Industrial Average recently fell 25 points to 8587 and the S&P 500 slipped 1.5 points to 922. The Nasdaq Composite added 3.7 points to 1821. Among the companies actively trading are La-Z-Boy Inc. (LZB), STEC Inc. (STEC) and Harman International Industries Inc. (HAR)
STEC Up 275.3% Since SmarTrend's Buy Recommendation
Tuesday 06/16/2009 10:31 AM ET - Comtex SmarTrend(R)
SmarTrend, our proprietary pattern recognition system, called an Uptrend for STEC Inc (NASDAQ:STEC) on 03/11/2009 at $6.11. Since then, STEC has returned 275.3% as of today's recent price of $22.91.
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