Top Day Trader Alerts (AIG, AAPL, STST, BIDU, BP, CELG, ABII, MON, SUPG, TIBB, YRCW)

There are many stocks on the move this morning, some from earnings some not.  The active trader and day trader alerts seen so far this morning in the pre-market are American International Group, Inc. (NYSE: AIG), Apple Inc. (NASDAQ: AAPL), Argon ST, Inc. (NASDAQ: STST), Baidu, Inc. (NASDAQ: BIDU), BP plc (NYSE: BP), Celgene Corporation (NASDAQ: CELG), Abraxis BioScience, Inc. (NASDAQ: ABII), Monsanto Co. (NYSE: MON), SuperGen Inc. (NASDAQ: SUPG), TIB Financial Corp. (NASDAQ: TIBB), and YRC Worldwide Inc. (NASDAQ: YRCW).  We have compiled news or the reason for the moves today and added in color on each if applicable.

American International Group, Inc. (NYSE: AIG) is trading up on news that it has picked David DeMuro as the company’s new chief of compliance and regulatory affairs. He had the same job at Lehman Brothers.  AIG is up only 0.5% at $34.70, which may be a disappointing move to some.

Apple Inc. (NASDAQ: AAPL) is on a TECHNICAL WATCH… Shares broke and closed under the 50-day moving average yesterday of $257.74.  The stock closed at $256.17 and this morning’s indication is up just over 0.5% at $257.52.

Argon ST, Inc. (NASDAQ: STST) is surging on news that Boeing (BA) is acquiring Argon in an all cash tender offer for $34.50 per share, or about $775 million net of cash acquired. The acquisition is for its command, control, communications, computers, intelligence, surveillance, and reconnaissance and combat systems. Shares are up 40% at $34.22 on very strong trading volume.  The prior 52-week range was $17.00 to $27.86.

Baidu, Inc. (NASDAQ: BIDU) is trying to recoup some of yesterday’s loss on news that it is looking to hire about 30 software engineers from the U.S. to help innovation as it aims to pick up more of what Google lost in China for search and advertising.  Shares are up almost 1.5% and right at the $68.50 level.

BP plc (NYSE: BP) is seeing a rise in ADRs.  Some say no reason, but some say Hurricane Alex is heading far away from BP’s work in the Gulf of Mexico and that there is some interest in BP assets as it tries to raise capital.  Shares are up 4% at $28.76 on strong volume, although the stock was up 6% earlier in London trading.

Celgene Corporation (NASDAQ: CELG) is buying Abraxis BioScience, Inc. (NASDAQ: ABII) for $2.9 billion in cash and stock, each Abraxis share will receive $58 Cash and 0.2617 Celgene shares.  ABII is up 19% at $73.12 and CELG is down almost 5% at $50.65.

Monsanto Co. (NYSE: MON) posted disappointing earnings this morning, although mostly on disappointing ROUNDUP sales.  Shares are indicated down almost 2% at $46.50.

SuperGen Inc. (NASDAQ: SUPG) looks more like Stuper-Jen…. Dacogen for injection in Phase III AML results were announced and they did not meet statistical endpoints.  Shares are down almost 18% at $1.91, which is under the prior 52-week range of $1.98 to $3.80.

TIB Financial Corp. (NASDAQ: TIBB) is VERY thinly traded, but a $175 million investment from former BofA executives via North American Financial Holdings, Inc. has shares way down.  The stock appears to be down a sharp 42% at $0.40 versus a 52-week range of $0.45 to $2.86.  Average volume here is only 244,000 shares.

YRC Worldwide Inc. (NASDAQ: YRCW) is in the most actives this morning after the company said yesterday that it sees positive EBITDA and approved a share plan.  This is a penny stock, but shares up up over 6% this morning at $0.16 on 150,000+ shares.  Its 52-week range is $0.15 to $6.18.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG