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China Automotive Systems Reports Preliminary Q4 Revenue of $100.5M
Friday, April 8, 2011 - 9:06am | 142China Automotive Systems, Inc. (Nasdaq: CAAS) today announced preliminary unaudited selected financial results for the fourth quarter. Record net sales grew 20% to $100.5 million in the fourth quarter of 2010 from $83.8 million in the same quarter of 2009. Gross profit was $19.8 million compared...
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Motorcar Parts of America Increases Credit Facility (MPAA)
Thursday, April 7, 2011 - 2:50pm | 62Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced an increase of $15.0 million to its existing $35.0 million revolving credit facility with Union Bank, N.A. and Branch Banking & Trust Company. At its March 31, 2011 fiscal year end, the company had no debt outstanding on its...
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Current Top Percentage Gainers And Losers (XNPT, DGW, IMGN, TPCG, DBLE, GSK, QXM, QTWW, RT, SUPG, NLST)
Thursday, April 7, 2011 - 12:29pm | 291Best 1) XenoPort (NASDAQ: XNPT): An FDA approval for one of its drugs, along with partner GlaxoSmithKline (NYSE: GSK), has shares vaulting. Posting a huge gain of 63.32% to $10.41. 2) Duoyuan Global Water (NYSE: DGW): Stock has exploded 25% to $4.04 since starting the day in negative territory. The...
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Straddle Earnings 04-06-2011
Wednesday, April 6, 2011 - 7:10pm | 959Cusick's Corner The market is now gearing up for earnings and a lot of readers are asking how can we strategize for these events. Strategically you can plan for these events based on your interpretation of volatility, and in options that is measured by Implied Volatility. This is confusing so I...
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Robbins Geller Rudman & Dowd LLP Files Class Action Suit against Advanced Battery Technologies, Inc.
Wednesday, April 6, 2011 - 4:44pm | 113Robbins Geller Rudman & Dowd LLP today announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of Advanced Battery Technologies, Inc. (NASDAQ: ABAT) between November 24, 2008 and March...
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Options Brief: Marvell Technology Group (MRVL)
Wednesday, April 6, 2011 - 10:56am | 104Shares of Marvell Technology Group (NASDAQ: MRVL) are lower on the session by 1.14%, trading at $15.67. Overall put volume is now running at 4.73x the daily average, with 3% of all puts traded being purchases on the offer. 47,638 contracts have traded on the session so far. Marvell Technology...
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Calls Purchased on American Axle & Manufacturing Holdings (AXL)
Wednesday, April 6, 2011 - 10:44am | 129Shares of American Axle & Manufacturing Holdings (NYSE: AXL) are higher on the session by 3.08%, currently trading at $12.73. The stock has been moving largely lower over the past three months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are...
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Oppenheimer Reports Strong 4Q Results On SORL Auto Parts
Wednesday, April 6, 2011 - 9:21am | 131According to Oppenheimer, SORL Auto Parts (NASDAQ: SORL) saw strong 4Q results. Oppenheimer reported that recently, SORL reported better than expected 4Q10 results and provided 1Q11 guidance that was also above consensus estimates. “While we expect robust sales growth to continue, rising labor/...
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Pre Market Biggest Percentage Gainers And Losers (MICC, HNSN, GLNG, WPRT, WTSLA, AMSC, INTC, SCON, ZOLT, STX)
Wednesday, April 6, 2011 - 8:48am | 225Best 1) Millicom International Cellular (NASDAQ: MICC): Shares are currently up 5. 71% to $96.80 on possible acquisition chatter. 2) HNSN (NASDAQ: HNSN): Stock is jumping 4.51% to $2.55 in early trading. 3) Golar LNG (NASDAQ: GLNG): Showing a nice 4.13% pop to $29.47. 4) Westport Innovations (...
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Benzinga's Top Upgrades (CHTR, MITI, WPRT, BCS)
Wednesday, April 6, 2011 - 8:17am | 140Charter Communications Inc (NASDAQ: CHTR) was upgraded by Morgan Stanley from "equal weight" to "overweight." CHTR's shares closed at $52.88 yesterday. Charter Communications' trailing-twelve-month revenue is $7.06 billion. RBC Capital upgraded Micromet Inc (NASDAQ: MITI) from “sector perform” to...
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Benzinga's Top Pre-Market NASDAQ Gainers (GLNG, HNSN, MGIC, WPRT)
Wednesday, April 6, 2011 - 8:08am | 143Golar LNG Limited (NASDAQ: GLNG) rose 4.52% to $29.58 in the pre-market session. GLNG shares have jumped 123.54% over the past 52 weeks, while the S&P 500 index has gained 12.04% in the same period. Hansen Medical Inc (NASDAQ: HNSN) added 4.51% to $2.55 in the pre-market session. HNSN's PEG...
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Jefferies Upgrades WPRT To Buy
Wednesday, April 6, 2011 - 6:28am | 50Analysts at Jefferies upgrade Westport Innovations Inc (NASDAQ: WPRT) from “hold” to “buy.” The target price for WPRT has been raised from $21 to $38. WPRT shares fell 1.20% to close at $25.60 yesterday. More Analyst Ratings here
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Top 3 Performing Small Caps Over $5 (EPIC, WPRT, VHC)
Tuesday, April 5, 2011 - 5:02pm | 653The small cap Russell raced higher last month to end what was the best first quarter in years. During that time several stocks have hit 52-week highs particularly over the past few weeks. Small caps pushed higher gain today and here are the top three small cap stocks that...
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Top 3 Performing Small Caps Over $5 (EPIC, WPRT, VHC)
Tuesday, April 5, 2011 - 5:02pm | 653The small cap Russell raced higher last month to end what was the best first quarter in years. During that time several stocks have hit 52-week highs particularly over the past few weeks. Small caps pushed higher gain today and here are the top three small cap stocks that...
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Trading Resumes: Westport Innovations Inc. (WPRT)
Tuesday, April 5, 2011 - 1:40pm | 15Trading Resumes: Westport Innovations Inc. (NASDAQ: WPRT)