Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 20, 2013  Fri 7:32 AM CT

TIBX: SEE CHART GET CHAIN FIND STRATEGIES

Tibco rallies on earnings, outlook

Tibco Software earned $0.28 a share in its third-quarter, better than the $0.22 average analyst forecast. Management also gave a positive outlook going forward as orders improve in the Americas. TIBX climbs 8 percent before the opening bell on my tradeMONSTER platform.

Goodyear Rallies After Big Bullish Paper

Option traders were rolling up bullish bets in Goodyear Tire & Rubber yesterday, and today the company delivered! The tire maker decided to reinstate its quarterly dividend and buy back $100 million of shares. It also said it's targeting annual segment operating income growth of 10-15 percent for the next three years. GT climbs another 4 percent in early trading.

Prosensa Craters on Phase III Data

Prosensa Holdings said a clinical trial of its investigation drug drisapersen failed to meet primary endpoints for the treatment of Duchenne Muscular Dystrophy. RNA is getting hammered on the news, losing almost 80 percent of its value in the premarket. Sarepta Therapeutics, which is working on a similar treatment, shed about 6 percent as well.

AK Steel Drops on Expected Loss

AK Steel said it will lose $0.22 to $0.27 a share in the third quarter because of a production disruption. Analysts were modeling a loss of $0.12. AKS drops 11 percent in early trading.


 

Share this article with your friends


TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Archived Webinar

Make Money in a Volatile Market

Education & Strategy

Anatomy of a butterfly

One of the many esoterically named option strategies is known as a "butterfly." But don't be fooled: Like other advanced...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER