There are many movers this morning in the top day trader and active trader alerts. Some are on earnings, some are not. Today’s cast of characters includes Allied Irish Banks plc (NYSE: AIB), Ambac Financial Group, Inc. (NYSE: ABK), Cirrus Logic, Inc. (NASDAQ: CRUS), Fossil, Inc. (NASDAQ: FOSL), ING Group, N.V. (NYSE: ING), JA Solar Holdings Co., Ltd. (NASDAQ: JASO), MBIA Inc. (NYSE: MBI), National Bank of Greece SA (NYSE: NBG), and Priceline.com Incorporated (NASDAQ: PCLN). There is a description of the event/news on each as well as volume and price data.
Allied Irish Banks plc (NYSE: AIB) is down this morning after solid gains yesterday. Today’s drop is nothing more than “related ongoing concerns over the bailout package after the short-term” and that has shares giving back. AIB is down 7.2% at $3.34.
Ambac Financial Group, Inc. (NYSE: ABK) is trading lower in sympathy with MBIA; shares are down 4.67% at $1.43.
Cirrus Logic, Inc. (NASDAQ: CRUS) is trading higher this morning after a Cramer reference last night on MAD MONEY on CNBC as an Apple iPad and iPhone winner. Shares are up 6.7% at $12.79 on almost 100,000 shares.
Fossil, Inc. (NASDAQ: FOSL) is trading up after it beat earnings with $0.53 EPS vs. $0.32 from Thomson Reuters consensus estimates. It raised Q2 guidance to $0.32 to $0.34 EPS vs. $0.29 estimates and raised 2010 guidance. Shares are up 5.6% at $37.86.
ING Group, N.V. (NYSE: ING) is down with ADRs from the E.U. as the bailout has “related ongoing concerns over the bailout package after the short-term”… Shares are down 6.5% at $8.26 on over 40,000 shares.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) is trading up after it reported $0.24 EPS per ADS on revenue of $279.2M, above the $0.18 and $265 million estimates from Thomson Reuters. The company also raised guidance for 2010 with shipments to exceed 1GW rather than 900MW previously offered. Shares are up 5% at $6.75 on over 200,000 shares.
MBIA Inc. (NYSE: MBI) is trading lower this morning after posting a $1.48 billion loss of -$7.22 EPS after a $2.2 billion pre-tax unrealized loss on insured credit derivatives. Revenue was down 13% to $1.77 billion. Shares are trading down 13.4% at $8.08 versus a 52-week range of $3.19 to $10.92.
National Bank of Greece SA (NYSE: NBG) is down again, like most days. After E.U. ADRs and markets sold off the bank was one of the major drops seen. Shares are down over 5% at $2.91 after a $3.07 close yesterday.
Priceline.com Incorporated (NASDAQ: PCLN) is down over 10% after earnings last night. The company beat earnings expectations. Its guidance for Q2 failed to impress due to Iceland’s volcano woes and unrest in Thailand. Shares are down 11.5% at $220.95 on thin pre-market trading volume.
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