Market Currents

• Monday, December 7, 2009

• 09:00 AM Premarket gainers: ROY +47%. NVDA +11%. NYB +9%. TRA +9%. ASIA +9%. SNTS +6%. CTIC +6%. KERX +6%. SNV +5%. AKAM +5%. S +5%. SEED +5%. VG +4%. AMD +4%. SPWRA +4%.
  Losers: ALTH -11%. RBS -5%. CAL -5%. Comment!

• Monday, November 16, 2009

• 14:22 PM Vonage (VG) settles for $3M with 32 states charging it with misleading business practices, and will refund money to some customers. The charges dealt with the company's cancellation policies and billing related to free trial periods. Comment!

• Tuesday, November 10, 2009

• 14:47 PM Vonage (VG) isn't doing all that well since Mark Lefar joined as CEO a little over a year ago, so why does the company's 10-Q say they just hiked his travel allowance from $250K to $600K for private (i.e. jet) travel, plus more money for commercial travel? 2 Comments

• Wednesday, November 4, 2009

• 09:00 AM Premarket gainers: GNVC +36%. ABK +26%. PACR +25%. IRE +20%. ACAS +18%. AIB +11%. MBI +9%. PMI +8%. ARNA +7%. HIG +7%. RDN +6%. EXM +6%. ALU +6%. MPEL +6%. XOMA +5%. IBN +5%. MGM +5%. GRMN +5%. DRIV +4%. FAS +4%. FRE +4%. RCL +4%. ING +4%. VGZ +4%.
  Losers: STEC -31%. VG -8%. CVM -6%. CCI -6%. BHI -4%. Comment!

• Wednesday, October 7, 2009

• 09:00 AM Premarket gainers: WYN +8%. FDO +5%. VIZ +4%. VG +4%.
  Losers: AAI -13%. GRS -6%. Comment!

• Monday, October 5, 2009

• 09:14 AM Vonage (VG) unveils a mobile app that will allow iPhone (AAPL) and BlackBerry (RIMM) users to make discounted calls. Unlike Skype (EBAY) calls, which are limited to Wi-Fi, iPhone Vonage calls will be carried by AT&T (T). VG +19% premarket. 5 Comments
• 09:00 AM Premarket gainers: VG +21%. BRCD +14%. INO +8%. VIP +7%. MTW +7%. EGI +6%. NMR +6%. HOV +5%. CNO +4%. WFC +4%. COF +4%. FNM +4%.
  Losers: none of note. Comment!

• Monday, September 14, 2009

• 09:00 AM Premarket gainers: S +21%. VM +8%. ETFC +8%. THC +8%. CMZ +4%.
  Losers: VG -6%. UIS -5%. FNM -4%. FRE -4%. Comment!

• Thursday, September 3, 2009

• 09:00 AM Premarket gainers: CRIS +20%. SVA +20%. HCLS +16%. FNM +12%. VICL +12%. DLM +11%. FRE +11%. CIT +7%. AIG +7%. AIB +6%. INO +6%. ABK +6%. ING +6%. ASX +6%. LYG +5%. AEO +5%. COST +5%. GPS +5%. RCL +5%. SOL +5%. NOK +5%. GNW +4%. RBY +4%. ANO +4%. HGSI +4%. DB +4%. ESLR +4%. MT +4%. SPPI +4%. DHT +4%.
  Losers: HOV -10%. FDO -8%. TSEM -7%. VG -5%. ANF -4%. Comment!

• Wednesday, September 2, 2009

• 09:00 AM Premarket gainers: VG +40%. MDZ +28%. PPHM +20%. BBI +10%. PAY +8%. AIB +4%.
  Losers: RZ -18%. DHT -16%. FNM -16%. BONU -9%. FRE -9%. ALU -9%. HOLX -6%. AIG -6%. PMI -5%. NVAX -5%. STM -4%. TSEM -4%. Comment!
• 08:12 AM Vonage (VG) +41.2% premarket after its mobile-phone app for the iPhone (AAPL) and iPod Touch devices is approved. Comment!

• Wednesday, August 26, 2009

• 07:15 AM Vonage (VG) +41.5% premarket, after rising 165% in yesterday's trading on volume of 33.2M vs. a daily average of 2.21M. The company announced plans last week to enter the mobile apps market, but it's unclear what's fueling the current spike. 1 Comment

• Friday, May 8, 2009

• 09:00 AM Premarket gainers: VNUS +35%. AXL +34%. FITB +30%. HBAN +16%. FIG +15%. VG +14%. CNB +12%. CTIC +12%. RBS +12%. BZ +11%. VRSN +10%. BAC +10%. RF +10%. ING +8%. STT +8%. ONNN +8=7%. CENX +7%. C +7%. HOV +7%. CS +7%. MT +7%. KEY +6%. CIT +6%. DB +6%. AIG +6%. HBC +5%. SPF +8%. AMR +5%. JASO +5%. TNA +5%. ALU +5%. EGLE +5%. Comment!

• Thursday, May 7, 2009

• 09:03 AM Premarket gainers: VNDA +808%. VG +65%. VICL +33%. COF +18%. CNO +17%. HBAN +17%. GNW +16%. BAC +15%. FITB +14%. C +14%. AIG +14%. KFN +13%. CIT +12%. CDNS +11%. GTE +12%. KNDL +11%. CSUN +11%. DFS +9%. IRE +10%. ANF +10%. UL +10%. LNC +10%. DDR +10%. MFG +9%. HIG +8%. CNB +9%. UCBH +9%. SIG +8%. STT +8%. PRU +8%. CPSL +8%. GCI +7%. ETFC +7%. ONNN +7%. ACAS +7%. ERX +7%. CVC +6%. PRGN +6%. ZION +6%. DRYS +6%. BK +6%. Comment!
• 08:41 AM Vonage (VG): Q1 EPS of -$0.05 misses by $0.01. Revenue of $224M vs. $225M. Per-line cost of telephony services was $6.67, down from $7.26 a year ago and $7.22 last quarter, due to routing optimization and supplier cost management. Shares +73% to $0.83. (PR) Comment!

• Thursday, February 26, 2009

• 08:20 AM Vonage (VG): Q4 EPS of -$0.07 beats by $0.01. Revenue of $222M vs. $227M. "While our financial performance was sound, we fell short in our ability to substantially grow our subscriber base." (PR) Comment!