Showing posts with label ALGN. Show all posts
Showing posts with label ALGN. Show all posts

Morning Up & Down: AONE, ABT, CYBI, ALGN, BWEN


Following are the notable stock movers in early trade in Thursday’s session.

A123 Systems, Inc.(NASDAQ:AONE) shares are recovering this morning and soared 36% to $0.0745. However, one should be aware of the fact that the stock had slumped 85% in the past couple of trading sessions as the company on Tuesday filed for bankruptcy protection and sold its automotive assets following short of cash and weak sales of electric cars.

Should Investors Buy AONE After Today’s Rebound? Find OutHere

The news came a day after the company alerted of its miss in debt payments and that it could be head for restructuring under Chapter 11. The company is yet to post profit and has lost $83 million in second quarter. Just two months ago did the company announced of a $450 million lifeline from Wanxiang Group Corp which it now terms to be over.

Abbott Laboratories(NYSE:ABT) shares extend losses for the second consecutive session and now down 4% after falling 5% in the prior session. Yesterday, the company had posted better than estimated third quarter earnings, thanks to its arthritis drug Humira.

The company posted net income of $1.94 billion or $1.21 a share on revenue of $9.77 billion, compared to a year ago profit of $303 million or $0.19 a share on revenue of $9.82 billion. On an adjusted basis, the company would have earned $1.30 a share, topping analysts’ target by 2 cents.

Moreover, The drug and medical device company plans to spin off its pharmaceutical business into a separate company by the end of 2012. The new company, AbbVie, will focus solely on branded drugs, including Humira. The original company will focus on nutritional formula, generic drugs and heart stents.

Cybex International, Inc.(NASDAQ:CYBI) shares soared 82% after the company’s board of directors have given green signal to enter into a "going private" merger agreement. The agreed amount per share is calculate sat $2.55.

Align Technology, Inc.(NASDAQ:ALGN) is having a bad session as it slumped 26% late Wednesday, the company announced its preliminary third quarter results. The company posted preliminary EPS of 29 cents and Non-GAAP EPS of 28 cents, analysts are targeting 29 cents. Revenue came in at $136.5 million, missing analysts’ target of $140.14 million.

Broadwind Energy Inc.(NASDAQ:BWEN)) shares soared 30% in early trade after the company won an order worth about $37 million from two U.S. wind turbine manufacturers, for manufacture beginning in late 2012 and extending well into 2013.

You have read this article ABT / ALGN / AONE / BWEN / CYBI with the title ALGN. You can bookmark this page URL https://calliecountrychatter.blogspot.com/2012/10/morning-up-down-aone-abt-cybi-algn-bwen.html. Thanks!

Gap Up/Down: AONE, ABT, CYBI, ALGN, BWEN


Following are the notable stock movers in early trade in Thursday’s session.

A123 Systems, Inc.(NASDAQ:AONE) shares are recovering this morning and soared 36% to $0.0745. However, one should be aware of the fact that the stock had slumped 85% in the past couple of trading sessions as the company on Tuesday filedfor bankruptcy protection and sold its automotive assets following short of cash and weak sales of electric cars.

Should Investors Buy AONE After Today’s Rebound? Find Out Here

The news came a day after the company alerted of its miss in debt payments and that it could be head for restructuring under Chapter 11. The company is yet to post profit and has lost $83 million in second quarter. Just two months ago did the company announced of a $450 million lifeline from Wanxiang Group Corp which it now terms to be over.

Abbott Laboratories(NYSE:ABT) shares extend losses for the second consecutive session and now down 4% after falling 5% in the prior session. Yesterday, the company had posted better than estimated third quarter earnings, thanks to its arthritis drug Humira.

The company posted net income of $1.94 billion or $1.21 a share on revenue of $9.77 billion, compared to a year ago profit of $303 million or $0.19 a share on revenue of $9.82 billion. On an adjusted basis, the company would have earned $1.30 a share, topping analysts’ target by 2 cents.

Moreover, The drug and medical device company plans to spin off its pharmaceutical business into a separate company by the end of 2012. The new company, AbbVie, will focus solely on branded drugs, including Humira. The original company will focus on nutritional formula, generic drugs and heart stents.

Cybex International, Inc.(NASDAQ:CYBI) shares soared 82% after the company’s board of directors have given green signal to enter into a "going private" merger agreement. The agreed amount per share is calculate sat $2.55.

Align Technology, Inc.(NASDAQ:ALGN) is having a bad session as it slumped 26% late Wednesday, the company announced its preliminary third quarter results. The company posted preliminary EPS of 29 cents and Non-GAAP EPS of 28 cents, analysts are targeting 29 cents. Revenue came in at $136.5 million, missing analysts’ target of $140.14 million.

Broadwind Energy Inc.(NASDAQ:BWEN)) shares soared 30% in early trade after the company won an order worth about $37 million from two U.S. wind turbine manufacturers, for manufacture beginning in late 2012 and extending well into 2013.
You have read this article ABT / ALGN / AONE / BWEN / CYBI with the title ALGN. You can bookmark this page URL https://calliecountrychatter.blogspot.com/2012/10/gap-updown-aone-abt-cybi-algn-bwen.html. Thanks!

Post Market News: eBay Inc (NASDAQ:EBAY), AXP, GIVN, NVAX, ALGN, MNKD


eBay Inc(NASDAQ:EBAY) shares recovered quickly in after hours trading after a brief fall just after the company revealed its third quarter earnings.  During the quarter, the company earned $597 million, or $0.45 a share, up 22% year over year. On an adjusted basis, the company earned $718 million, or $0.55 a share, a penny higher than analysts’ estimates of 54 cents a share.

Should Investors Buy EBAY Now? Find Out Here

The company generated revenue of $3.4 billion, increased 15% year over year, in line with analysts’ estimate.

American Express Company(NYSE:AXP) shares are down 0.62% to $59 in after hours session after the company said that it earned $1.25 billion, or $1.09 per share in its third quarter and revenue surged 4 percent to $7.86 billion from $7.57 billion. Analysts were estimating the company to earn $1.09 per share on revenue of $7.9 billion.

Given Imaging Ltd.(NASDAQ:GIVN) soared 15% as the company disclosed that it is considering strategic option including a potential merger or sale of the company after receiving expressions of interest from a range of parties.

Novavax, Inc.(NASDAQ:NVAX) added 7% after the company said that its Vaccine candidates met safety and immunogenicity endpoints in both trials Trials' results support further development of vaccine in larger trials.

Align Technology, Inc.(NASDAQ:ALGN) extended its fall in after hours and fell another 20% after falling 7.50% in the regular session. Late Wednesday, the company announced its preliminary third quarter results. The company posted preliminary EPS of 29 cents and Non-GAAP EPS of 28 cents, analysts are targeting 29 cents. Revenue came in at $136.5 million, missing analysts’ target of $140.14 million.

MannKind Corporation(NASDAQ:MNKD) plunged 10% after it announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock and warrants to purchase shares of its common stock in an underwritten public offering.
You have read this article ALGN / AXP / eBay Inc (NASDAQ:EBAY) / GIVN / MNKD / NVAX with the title ALGN. You can bookmark this page URL https://calliecountrychatter.blogspot.com/2012/10/post-market-news-ebay-inc-nasdaqebay.html. Thanks!