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Trina Solar Provides Notice to All Holders of 4.00% Convertible Senior Notes Due 2013 of Their Put Option
Thursday, July 7, 2011 - 4:15pm | 145Trina Solar Limited (TSL) turer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules, announced holders of the Company's 4.00% Convertible Senior Notes due 2013 have the right to surrender their Securities for purchase by Trina Solar pursuant...
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Thursday's Mid-Day Options Volume Leaders
Thursday, July 7, 2011 - 1:28pm | 84Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 174,111 contracts, 68.0% calls, 32.0% puts 2. Bank of America (NYSE: BAC) 104,386 contracts, 68.7% calls, 31.3% puts 3. American Eagle Outfitters (NYSE: AEO) 84,516 contracts, 96.0% calls, 4.0% puts 4. Intel Corp. (...
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Blueshift Ideas Seeing Some Positives On Silicon Image
Thursday, July 7, 2011 - 12:45pm | 373Blueshift Ideas is out with a series of tweets on Silicon Image, Inc. (NASDAQ: SIMG), and the tweets say that Silicon Image could benefit from Mobile High-definition Link Technology. At last check, shares were trading at $7.19, up 32 cents or 4.66% on the session on 460,000 shares. The average...
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Intel Seeing Strong Move To The Upside
Thursday, July 7, 2011 - 12:30pm | 108Shares of Intel (NASDAQ: INTC) are quietly near a 52 week high, gaining 55 cents today to trade at $23.30, a gain of over 2%. The semiconductor group in general has performed extremely well since last week, when the markets begin to rip to the upside. In particular, the Philadelphia Semiconductor...
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Is The Soft Patch Over? How To Trade It
Thursday, July 7, 2011 - 9:05am | 555We've seen a recent string of better than expected economic reports for June, and it looks as if the economic slowdown we saw in April and May may have been just a soft patch, and nothing more. The Japanese earthquake and tsunami caused more devastation than anyone gave it credit for, and it...
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Benzinga's Top Upgrades
Thursday, July 7, 2011 - 8:08am | 139Analysts at HSBC Securities upgraded Trina Solar Limited (NYSE: TSL) from “underweight” to “overweight.” TSL's shares closed at $20.26 yesterday. Trina Solar's PEG ratio is 0.32. Analysts at UBS upgraded ASML Holding NV (NASDAQ: ASML) from “neutral” to “buy.” ASML's shares closed at $36.94...
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AMD Still Citi's Top Idea as a "Share Gainer"
Thursday, July 7, 2011 - 7:36am | 122“Beginning with their netbook and low-end notebook chip Brazos in Q1, AMD continued to execute on its roadmap with the subsequent launch in Q2 of Llano, intended for mainstream notebooks,” Citi wrote in a report focusing on AMD (NYSE: AMD). “Gross margins in AMD's Computing Solutions segment...
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Retail is Focus Today 07-06-2011
Wednesday, July 6, 2011 - 5:16pm | 859Cusick's Corner The market is trading off the lows of the day and Retail, XRT, has been the focus today in front of a plethora of data and earnings which may be potentially volatile because the strength of the consumer has been under pressure due to energy price fluctuations and lackluster...
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Atmel Files Patent Infringement Suit Against Infineon Technologies
Wednesday, July 6, 2011 - 4:02pm | 70Atmel® Corporation (Nasdaq: ATML) today announced that it had sued Infineon Technologies AG and Infineon Technologies North America Corporation for patent infringement in the United States District Court for the District of Delaware. Atmel's court filing alleges that Infineon's 8-bit, 16-bit and...
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How To Play Tomorrow's ECB Rate Announcement
Wednesday, July 6, 2011 - 2:26pm | 524The reason for the equity gains disappearing is here. According to the Wall Street Journal, the European Central Bank (ECB) is potentially considering laying off further rate hikes after tomorrow's expected rate hike, which is causing the Euro to have some weakness. According to Omer Esiner of...
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Apple iPhone Rumor Round-Up
Wednesday, July 6, 2011 - 1:38pm | 285It appears the daily news is centered on Apple (AAPL) and the rumors surrounding the next iPhone. Let's recap some of the goings on and see how they have affected the various players in the market place. Rumor 1 According to FBR Capital, Omnivision Technologies (OVTI) may have lost its socket...
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Options Brief: Silicon Laboratories
Wednesday, July 6, 2011 - 11:44am | 91Shares of Silicon Laboratories (NASDAQ: SLAB) are lower on the session by 0.17%, trading at $41.91. Overall put volume is now running at 26.57x the daily average, with 38% of all puts traded being purchases on the offer. 3,135 contracts have traded on the session so far. Silicon Laboratories Inc...
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NASDAQ Stocks Hitting 52-Week Lows
Wednesday, July 6, 2011 - 10:21am | 117Syntroleum Corporation (NASDAQ: SYNM) shares fell 2.19% to create a new 52-week low of $1.34. SYNM's trailing-twelve-month profit margin is -275.76%. Prime Acquisition Corp (NASDAQ: PACQ) shares dropped 0.11% to create a new 52-week low of $9.43. PACQ had $393.39 thousand in total cash for the...
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Morning Market Losers
Wednesday, July 6, 2011 - 9:58am | 106TeamStaff Inc (NASDAQ: TSTF) dipped 15.79% to $1.12 at 9:55 am. TSTF's subsidiary, TeamStaff Government Solutions, received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. DragonWave Inc (NASDAQ: DRWI) fell 9.49% to...
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Benzinga's Top Pre-Market NASDAQ Losers
Wednesday, July 6, 2011 - 8:53am | 104DragonWave Inc (NASDAQ: DRWI) dipped 7.44% to $5.85 in the pre-market session. DRWI announced the resignation of its vice-president of worldwide sales Brian McCormack. Aixtron SE (NASDAQ: AIXG) dropped 4.36% to $31.79 in the pre-market trading. AIXG's PEG ratio is 6.92. OmniVision Technologies...