Search Results for 'FIRE'
EBIX drops $1 to $19.60 on heavy volume of 3 million shares on unconfirmed talk the company is being probed related to accounting practices — LINK TO STORY. The stock, which was up yesterday on reports Goldman is buying the Atlanta-based business software company for $20 per share, is under fire and options volume is [...]
Stock market averages fell on disappointing economic news Wednesday. ADP said the economy added just 119K private sector jobs in April. 155K was expected. April ISM and March Construction Spending also fell short of expectations. Merck (MRK) lost 2 percent and is the Dow’s biggest loser on earnings. Elsewhere, many overseas markets are closed for [...]
TJX notched 52-week highs early Tuesday, but has since come under fire and is down 60 cents to $46.84 in active trading of 2.3 million shares. In options action, one investor sold a 20,000-lot of July 45 puts on the retailer at $1.33 per contract. It’s tied to 800K shares. 25,000 July 45 puts now [...]
JC Penney (JCP) is under fire today, down $1.20 to $14.67, on news of a CEO departure, and early trades on the retailer include an Aug 19 – 25 call spread, sold at 65 cents, 15000X. It probably closes a position opened last month when the same spread traded for 90c (see 3/6 color).
Stock market averages rallied through midday, but have come off their highs heading into the final hour. Gains across Europe after the Easter break helped set the tone for steady trading on Wall Street and heading into the only economic stat of the day. The report showed Factory Orders up a better-than-expected 3 percent in [...]
Verifone calls caught fire this morning just after 10:17am ET with nearly 5000 April 22 calls s trading from 20 to 55 cents as shares lifted from 20.60 to 21.40 in a burst of action possibly related to a wire story about potential LBO value from recent price levels — LINK TO REPORT. Total of [...]
Blackberry (BBRY) has come under fire after AllthingsD reported that the launch of Z10 at AT&T stores has “failed to garner the buzz” of competitor product launches. The blog also says AT&T doesn’t appear to be hilighting the product on store shelves — LINK TO STORY. The stock is down $1.23 to $14.93 on surging [...]
Dicks Sporting Goods (DKS), which came under fire on earnings news last Monday, is off 27 cents to $47.03 and a May 45 – 47 (2X1) put ratio spread is opened on the retailer at 12 cents, 1700X. Looks like they bought 1, sold 2 and looking for the stock to fall back to $45 [...]
Repros Therapeutics (RPRX), a Woodlands, TX biotech, is up a dime to $11.60 and an Apr 7.5 – 10 put spread trades on the stock for 90 cents, 3500X. Looks like it was bought to open. The stock has been under fire in recent weeks on concerns about the outlook for a pivotal Androxal study [...]
Stock market averages opened higher and have seen rangebound action throughout the remainder of the session Friday. With no domestic economic news to guide the action, some of the focus was on European markets. France’s CAC 40 Index rallied 2.4 percent and helped lead a broader advance in the region on the heels of upbeat [...]