Curis (NASDAQ: CRIS) dipped 18.97% to $3.16 in the pre-market session after the company reported Q3 financial results and provided CUDC-427 development update.
Solazyme (NASDAQ: SZYM) dipped 12.46% to $9.06 on Q3 results.
PhotoMedex (NASDAQ: PHMD) shares dropped 12.09% to $11.27 in pre-market trading after the company reported weaker-than-expected third-quarter results.
Tesla Motors (NASDAQ: TSLA) shares fell 11.42% to $156.61 in the pre-market trading after the company reported a better-than-expected Q3 profit, but issued a weak outlook for the fourth quarter.
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Around the Web, We're Loving... Learn to Use Trading Platforms Like Hedge Fund Traders do
MicroChannel Technologies Corporation, incorporated on February 28, 2005, is a development-stage company. The Company is focused on the identification, acquisition, and development of new and potentially commercial opportunities.
As of August 31, 2013, the Company is not engaged in any business operations. As of August 31, 2013, the Company had no revenues.
Advisors' Opinion: - [By Peter Graham]
Small cap stocks Bonamour Inc (OTCBB: BONI), Firstin Wireless Technology Inc (OTCMKTS: FINW) and Microchannel Technologies Corp (OTCBB: MCTC) have been attracting attention from variosu investment newsletters lately with at least two of these stocks being the subject of paid promotions. Of course, there is nothing wrong with properly disclosed paid promotions or investor relation types of activities as its up to investors and traders alike to do their due diligence. So how hot are these small cap stocks? Here is a quick reality check that might cool your appetite:
Best Financial Stocks To Watch For 2014: Whitestone REIT (WSR)
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in the metropolitan areas. The Company is internally managed and owns a real estate portfolio of 36 properties containing approximately three million square feet of leasable space, located in Texas, Arizona and Illinois. As of December 31, 2009, the Company had one property, which accounted for more than 10% of the total gross revenue and leasing of the properties. In December 2011, the Company announced that it had closed on the purchase of Phase I of Pinnacle of Scottsdale, a 113,108 square foot 100% leased Class A Community Center in North Scottsdale. In December 2011, it purchased shops at Starwood. In August 2012, the Company closed on the purchase of Paradise Plaza, a 125,898 square foot 100%-leased Community Center in Paradise Valley. In September 2012, the Company purchased Village Square at Dana Park, a 310,979 square foot Community Center located in the Mesa submarket of Phoenix, plus six developed pads (total of 2.9 acres) and the adjacent 4.7 acre parcel of development land to add another 200,000 square feet of leasable space. In December 2012, the Company closed on the off-market purchase of The Shops at Pecos Ranch. In April 2013, it closed on the off-market purchase of Headquarters Village, a 89,134 square foot (sf) Community Center located within the Preston Road retail corridor in Plano, Texas. Effective July 1, 2013, Whitestone REIT acquired Anthem Marketplace. In October 2013, Whitestone REIT completed the purchase of Fountain Hills Plaza, retail center in Fountain Hills, Arizona. In December 2013, Whitestone REIT purchased Market Street at DC Ranch in Scottsdale.
As of December 31, 2009, the Company owned a 64.7% interest in Whitestone REIT Operating Partnership, L.P. (the Operating Partnership). As of December 31, 2009, the Company owned a real estate portfolio consisting of 36 properties located in three states. As of December 3! 1, 2009, the occupancy rate at the operating properties was 82% based on leasable square footage.
Advisors' Opinion: - [By Reuben Brewer]
And, sometimes, being small is actually a good thing. Take, for example, Whitestone REIT (NYSE: WSR ) . This company operates a portfolio of roughly 60 properties in Texas, Arizona, and Illinois. That said, it only has one property in Illinois, so it's really focused around just two markets.
- [By Charles Sizemore]
Returning to U.S. shores, the next of our monthly dividend stocks is Whitestone REIT (WSR), a smaller REIT that specializes in shopping centers.
I should start by making one point very clear: while I like Whitestone, it is a very different kind of REIT than Realty Income or American Realty Capital Properties. Its property portfolio is far less geographically diversified (with properties in just three states), and it is a much smaller company by market cap ($290 million).
Best Financial Stocks To Watch For 2014: MarketAxess Holdings Inc (MKTX)
MarketAxess Holdings Inc. (MarketAxess), incorporated on April 11, 2000, operates an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. The Company�� over 1000 active institutional investor clients (firms that executed at least one trade in the United States or European fixed-income securities through its electronic trading platform, during the year ended December 31, 2012) include investment advisers, mutual funds, insurance companies, public and private pension funds, bank portfolios, broker-dealers and hedge funds. The Company�� 87 broker-dealer, market-maker clients provide liquidity on the platform and include most of the broker-dealers in global fixed-income trading. Through its Corporate BondTicker service, MarketAxess provides fixed-income market data, analytics and compliance tools that help its clients make trading decisions. In addition, it provides Financial Information eXchange (FIX) message management tools, connectivity solutions and ancillary technology services that facilitate the electronic communication of order information between trading counterparties. The Company�� revenues are primarily generated from the trading of the United States high-grade corporate bonds. In March 2013, it announced acquisition of Xtrakter Limited.
The majority of the Company's revenues are derived from monthly distribution fees and commissions for trades executed on its platform that are billed to its broker-dealer clients on a monthly basis. The Company also derives revenues from technology products and services, information and user access fees, investment income and other income. During 2012, the Company�� broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued United States corporate bonds and approximately 72% of the underwriting of newly issued European corporate bonds. MarketAxess�� electronic trading platform provides access to the liquidity provide! d through the participation on its platform of 87 broker-dealer market making clients, including all of the broker-dealers in global fixed-income trading, and over 1000 active institutional investor firms. In addition to services directly related to the execution of trades, the Company offers its clients several other services, including information services, straight-through processing, and technology products and services. MarketAxess offers Application Programming Interface (API) services to its broker-dealer clients for pre-trade, trade negotiation and post-trade services.
The United States High-Grade Corporate Bonds
The United States corporate bond market consists of three categories of securities: investment-grade debt (so-called high-grade); debt rated below investment-grade (so-called high-yield), and debt convertible into equity (so-called convertible debt). The Company�� United States high-grade corporate bond business consists of the United States dollar-denominated, investment-grade debt issued by corporations for distribution in the United States. Both domestic and foreign institutional investors have access to the United States high-grade corporate bond trading on its electronic trading platform. During 2012, its broker-dealer clients accounted for approximately 95% of the underwriting of newly-issued the United States corporate bonds. The Company offers its institutional investor clients access to a range of inventory of the United States high-grade corporate bonds, which is provided and updated daily by its broker-dealer clients.
Eurobonds
The European high-grade corporate bond market consists of a range of products, issuers and currencies. MarketAxess Europe Limited, its wholly owned subsidiary, offers European secondary trading functionality in the United States dollar- and Euro-denominated European corporate bonds to its broker-dealer and institutional investor clients. The Company also offers its clients to trade in other European! high-gra! de corporate bonds, including bonds issued in Pounds Sterling, floating rate notes, European government bonds and bonds denominated in non-core currencies. In the Eurobond credit market, defined as including European high-grade, high yield and government bonds, 23 broker-dealers utilize the Company�� platform.
Emerging Markets Bonds
Emerging markets bond market includes the United States dollar, Euro or local currency denominated bonds issued by sovereign entities or corporations domiciled in a developing country. These issuers are located in Latin America, Asia, or Central and Eastern Europe. The agency bond market includes debt issued by a United States government-sponsored enterprise. 59 of the Company�� United States broker-dealer clients use its platform to trade emerging markets bonds. During 2011, 414 institutional investor clients utilized its electronic trading platform to trade emerging markets bonds. These institutional investor clients are located in the United States and Europe. MarketAxess also allows its institutional investor clients to transact Euroclear-eligible local currency denominated bonds issued by sovereign entities or corporations in countries that include Argentina, Brazil and Mexico.
Crossover and High-Yield Bonds
59 of the Company�� United States broker-dealer clients use its platform to trade crossover and high-yield bonds. Trading in crossover and high-yield bonds uses many of the same features available in its United States high-grade corporate bond offering.
Agency Bonds
41 of the Company�� United States broker-dealer clients use its platform to trade agency bonds. Trading in agency bonds uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Credit Default Swaps
MarketAxess offers trading on its platform for CDS indices and single-names in both the United States and Europe through its traditional RFQ proto! col. Nine! of the Company�� broker-dealer clients are providing streaming, executable CDS index prices. In addition, it incorporated the request-for-market protocol and the streaming markets/click-to-trade protocol into an updated single-screen user interface, giving clients their means of execution.
Asset-Backed Securities
12 of its United States broker-dealer clients use its platform to trade asset-backed securities. Trading in asset-backed securities uses many of the same features available in the Company�� United States high-grade corporate bond offering.
Preferred Securities
17 of the Company�� United States broker-dealer clients use its platform to trade preferred securities. Trading in preferred securities uses many of the same features available in its United States high-grade corporate bond offering.
Corporate BondTicker
Corporate BondTicker provides TRACE data and enhances it with MarketAxess trade data and analytical tools to provide professional market participants with a set of corporate bond price information. The data include trade time and sales information, including execution prices, as well as MarketAxess-estimated, spread-to-Treasuries, for trades disseminated by the TRACE system. The data also include actual execution prices and spread-to-Treasury levels for United States high-grade corporate bond trades executed on the MarketAxess platform. Corporate BondTicker is integrated directly into the MarketAxess electronic trading platform and can be accessed, either when viewing securities inventory or when launching an inquiry. Corporate BondTicker is also available through the Internet for non-trading professional market participants, including, among others, research analysts and rating agencies, who can log in and access the information via an easy-to-use browser-based interface.
The Company provides Corporate BondTicker as an ancillary service to its trading clients and also to other industry parti! cipants. ! It derives revenues from its Corporate BondTicker service by charging for seat licenses per user at its broker-dealer and institutional investor clients, through distribution agreements with other information service providers and through bulk data sales to third parties. The Company also offers a set of reports designed to review and monitor credit trading activity for institutional investor clients. Its compliance product provides a printed history of each inquiry submitted through the MarketAxess trading platform.
Technology Services
Through MarketAxess�� Greenline Financial Technologies, Inc. (Greenline) subsidiary, it provides integration, testing and management solutions for FIX-related products and services. The FIX protocol is a messaging standard developed for the electronic exchange of securities transaction information. It also provides technology consulting and customized development services to its clients. In addition, the Company provides gateway adapters to connect order management and trading systems to fixed-income trading venues.
The Company competes with Thomson TradeWeb, Bloomberg and The New York Stock Exchange
Advisors' Opinion: - [By John Udovich]
If you have found yourself trading more as the markets�become more volatile or struggling to come to terms with low interest rates, small caps like Interactive Brokers Group, Inc (NASDAQ: IBKR), MarketAxess Holdings Inc (NASDAQ: MKTX), Indo Global Exchanges PteLtd (OTCMKTS: IGEX) which are in the electronic brokerage or trading platform business would be well worth taking a closer look at. Here is what you need to know about all three:
Best Financial Stocks To Watch For 2014: Commonwealth Bank of Australia (CBA)
Commonwealth Bank of Australia (the Bank) is engaged in the provision of a range of banking and financial products and services to retail, small business, corporate and institutional clients. The Bank is a provider of integrated financial services, including retail, business and institutional banking, superannuation, life insurance, general insurance, funds management, broking services and finance company activities. Its operating segments include Retail Banking Services, Business and Private Banking, Institutional Banking and Markets, Wealth Management, New Zealand, Bankwest and Other. Its retail banking services include home loans, consumer finance, retail deposits and distribution. Its business and private banking include corporate financial services, regional and agribusiness banking, local business banking, private bank and equities and margin lending. The Bank and its subsidiaries ceased to be a substantial holder in Ten Network Holdings Limited, as of September 12, 2012.
Advisors' Opinion: