Hot Stocks Of The Day: GOOG, ERTS, IRM, JMBA, CLDX
Tuesday, October 05, 2021 12:40 PM

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US stocks rallied on Tuesday as investors cheered better-than-expected economic data and Bank of Japan's surprise decision to slash its benchmark interest rate to near zero.

Below we highlight few companies whose shares are actively trading in Tuesday's session.

Shares of Google Inc. (NASDAQ: GOOG) rallied more than 2% after technology research firm Nielsen Company said that data from August show that Android is now the most popular operating system among people who bought a smartphone in the past six months.

Electronic Arts Inc. (NASDAQ: ERTS) surged more than 3% after the video-game maker announced the record-breaking launch of EA SPORTS FIFA 11. The company said that FIFA 11 has shattered sales records for the title with 2.6 million copies sold through at retail in Europe and North America through Saturday, October 2.

Iron Mountain Inc. (NYSE: IRM) plunged more than 7% after the company said that revenue growth is trending towards the lower end of its full-year 2010 guidance range, primarily reflecting continued soft core service activity levels. In addition, the company said that it expects to report 2011 earnings of $1.17 to $1.26 per share on revenue of $3.2 billion to $3.265 billion. Analysts currently expect earnings of $1.31 per share on revenue of $3.33 billion for 2011.

Jamba, Inc. (NASDAQ: JMBA) soared more than 16% after the company announced that it is close to signing  a renewed partnership with Nestle, S.A. for the development of a new line of ready-to-drink energy beverages to be available for retail sale in the northeastern United States in early 2011. 

Celldex Therapeutics, Inc. (NASDAQ: CLDX) jumped more than 19% on Tuesday, a day after the company reported positive data  from a Phase I/II study for its oncology therapy CDX-1401. CDX-1401 is a cancer vaccine designed to activate the patient's immune system against cancers including melanoma.

Disclosure: Author doesn't own any of the stocks discussed here.

 

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Market news:

  • Qantas CEO: Oil leaks in 3 engines of its A380s Nov 08, 2021 03:51 AM

    • SYDNEY - Tests have uncovered oil leaks in three Rolls-Royce engines on Qantas' grounded Airbus A380s, the airline's CEO said Monday, as engineers tried to zero in on the cause of an engine failure on board one of the carrier's superjumbo jets last week.
    • Engineers conducted eight hours of extensive checks on each engine over the weekend.
    • On Monday, CEO Alan Joyce said engineers have discovered oil leaks in the turbine area of three engines on three different A380s.
      • Murkowski on cusp of win; how will she legislate? Nov 08, 2021 03:45 AM

        • ANCHORAGE, Alaska - Republican Sen. Lisa Murkowski is on the cusp of vindication after waging a high stakes - and long shot - write-in campaign to keep her job.
        • Initial returns show write-in ballots holding a 13,439-vote edge over GOP nominee Joe Miller, and though it's not clear how many of those are for her or will be counted as valid, she's confident enough in her winning to tell supporters that they'd "made history."
        • Murkowski needed broad-based support - from fellow Republicans, Democrats, independents - to be successful in what was a three-way race (Democrat Scott McAdams has conceded).
          • Rodgers throws 3 TDs, Packers rout Cowboys 45-7 Nov 08, 2021 03:29 AM

            • GREEN BAY, Wis. - Every time it seemed as though the Dallas Cowboys hit their low point, Aaron Rodgers and the Green Bay Packers knocked them down another notch.
            • Rodgers threw for 289 yards and three touchdowns, Brandon Jackson scored twice and Green Bay routed the free-falling Cowboys 45-7 on Sunday night.
            • A 2-yard touchdown pass from Kitna to Dez Bryant just before halftime was about the only sign of life for the Cowboys, cutting the lead to 28-7.
              • MSNBC says Olbermann will be back on air Tuesday Nov 08, 2021 03:29 AM

                • NEW YORK - MSNBC says Keith Olbermann will be back on the air Tuesday, ending his suspension for violating NBC's rules against making political donations after two shows.
                • MSNBC's chief executive Phil Griffin said late Sunday that after several days of deliberation, he had determined that two days off the air was "an appropriate punishment for his violation of our policy."
                • NBC News prohibits its employees from making political donations unless an exception is granted in advance by the network news president.
                  • Vt. nuke plant closes after radioactive water leak Nov 08, 2021 03:24 AM

                    • MONTPELIER, Vt. - Technicians at the Vermont Yankee nuclear plant will begin work Monday morning to fix a pipe that leaked radioactive water and forced the plant to shut down.
                    • It was the second shutdown within an hour at a plant owned by New Orleans-based Entergy Corp.
                    • A transformer exploded at a nuclear power plant north of New York City, forcing an emergency shutdown of one of its reactors.

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AnalystFirm NameSymbolEPS Estimate
adfgafg ERTS($0.26)
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