Arrowhead (ARWR) Subsidiary Announces Agreement with Tokyo Electron Unidym Inc., a majority owned subsidiary of Arrowhead Research Corporation (NASDAQ: ARWR), recently announced the finalization of an agreement with Tokyo Electron Ltd., a leading worldwide supplier of innovative semiconductor and FPD production equipment worldwide, to develop manufacturing equipment for carbon nanotube based displays and solar cells. [...]
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Hovnanian Enterprises Inc. (NYSE: HOV) Posts Smaller Loss for Second Quarter Aided by Lower Write-Downs
Hovnanian Enterprises Inc. (NYSE: HOV) Posts Smaller Loss for Second Quarter aided by Lower Write-Downs Hovnanian Enterprises Inc. (NYSE: HOV) posted fiscal second-quarter results, paring losses from a year ago due to declining write-downs of assets. The homebuilding and financial services company said, stabilized home prices in most of the markets it serves accounted for [...]
Pacific Blue Energy Corp. (PBEC) Sees Huge Trading Activity
Shares of Pacific Blue Energy Corp. (NDA) (OTC: PBEC) jumped more than 10% in today’s trading. The OTC stock reached a high of $1.19 in trading. It closed 10.28% higher at $1.18, with volume at 1.15 million. Phoenix, Arizona-based Pacific Blue is a photovoltaic (PV) solar energy company. The company seeks to take advantage of [...]
Heico (HEI) Posts 19% Earnings Increase, Guides Higher
Heico Corp. (NYSE: HEI) said Tuesday it generated a better-than-expected profit for the second quarter, and raised its fiscal 2010 guidance. The aircraft component parts maker said it made a net profit for the quarter ended April 30 of $12.6 million, or 37 cents per share, up from a net profit of $10.5 million, or [...]
Bank of America (BAC) Climbs 4%
Bank of America (BAC) Jumps more than 4% Shares of Bank of America Corporation (NYSE: BAC) jumped more than 4% in today’s trading. The stock reached a high of $15.99 in trading and at last check was up 4.35% to $15.97. Volume stood at 225.35 million. Financial stocks have been under some pressure due to [...]
Las Vegas Sands Corp. (LVS) Analyst Outlook Spurs Trading Activity in Early Trading
Shares of Las Vegas Sands Corp. (NYSE: LVS) were up more than 6% in today’s trading. The stock saw huge activity in early trading, with volume at 26.15 million. It reached a high of $21.27 and at last check was up 6.80% to $21.20. On Thursday, Moody’s Investor Service raised its outlook for Las Vegas [...]
Global Power Equipment Group Inc. (GLPW) Q1 Results Spurs Trading Activity
Shares of Global Power Equipment Group Inc. (PINK: GLPW) are seeing some huge activity in today’s trading, with volume up from daily average of 16,000 to 4.25 million. The OTC stock is up 3% to $2.06 in today’s trading. It reached a high of $2.08. Tulsa, Oklahoma-based Global Power Equip is a provider of power [...]
Hewlett-Packard (HPQ) Climbs in After-Hours
Shares of Hewlett-Packard Company (NYSE: HPQ) experienced heavy activity in after-hours trading, up 2.42% to $47.91 after-hours, moving on the company’s second-quarter results. Hewlett-Packard reported second-quarter profit of $3.5 billion, or $1.09 per share, which is an increase of 27% from the same period last year. Revenue climbed 13% to $30.8 billion. The results were [...]
Nokia ($NOK) Steps-Up its Patent Fight with Apple ($AAPL)
Nokia Corp. (NYSE: NOK) on Friday said it has sued Apple (NASDAQ: AAPL) in federal court for the Western District of Wisconsin, alleging that iPhone and iPad 3G infringed five separate Nokia patents. According to the report, the patents in question relate to “enhanced speech and data transmission, using positioning data in applications and innovations [...]