Palm Inc (NASDAQ: PALM) rose ahead of earnings on short covering with shares posting an unofficial close of $5.65 for a 5.2% gain. The troubled smartphone maker reported earnings at $0.61 EPS ve $0.42 EPS expected from Thomson Reuters. The company also noted that non GAAP revenues were $366.0 million versus closer to $316 million expected. 
Share:  Palm Inc (NASDAQ: PALM) rose ahead of earnings on short covering with shares posting an unofficial close of $5.65 for a 5.2% gain. The troubled smartphone maker reported earnings at $0.61 EPS ve $0.42 EPS expected from Thomson Reuters. The company also noted that non GAAP revenues were $366.0 million versus closer to $316 million expected. Tweet this 

Delta Petroleum Corporation (NASDAD: DPTR) is one of the the top market gainers today on news that the independent oil and gas exploration and development company entered into a non binding letter of intent for a partial sale. The agreement is with Opon International LLC to sell a 37.5% non operated working interest, located in the Vega Area assets located in the Piceance Basin. The total consideration was $400 million, but this was larger than the companies entire market capitalization. 
Share:  <span class="company">Delta Petroleum Corporation</span> (NASDAD: DPTR) is one of the the top market gainers today on news that the independent oil and gas exploration and development company entered into a non binding letter of intent for a partial sale. The agreement is with Opon International LLC to sell a 37.5% non operated working interest, located in the Vega Area assets located in the Piceance Basin. The total consideration was $400 million, but this was larger than the companies entire market capitalization. Tweet this 

The big movers so far are AP Pharma Inc (NASDAQ: APPA), Ariad Pharmaceuticals Inc (NASDAQ: ARIA), Medivation, Inc (NASDAQ: MDVN), OSI Pharmaceuticals Inc (NASDAQ: OSIP), Somaxon Pharmaceuticals, Inc (NASDAQ: SOMX), and Teva Pharmaceutical Industries Limited (NASDAQ: TEVA). We have provided color on the news, links if appropriate, and background data on price and volume trends. AP Pharma Inc (NASDAQ: APPA) is up 21.8% at $1.90 on over 4.6 million shares. 
Share:  The big movers so far are AP Pharma Inc (NASDAQ: APPA), Ariad Pharmaceuticals Inc (NASDAQ: ARIA), Medivation, Inc (NASDAQ: MDVN), OSI Pharmaceuticals Inc (NASDAQ: OSIP), Somaxon Pharmaceuticals, Inc (NASDAQ: SOMX), and Teva Pharmaceutical Industries Limited (NASDAQ: TEVA). We have provided color on the news, links if appropriate, and background data on price and volume trends. AP Pharma Inc (NASDAQ: APPA) is up 21.8% at $1.90 on over 4.6 million shares. Tweet this 

Research in Motion Limited (NASDAQ: RIMM) has been the ongoing envy of many cellphone makers before the last two years. Now you have Apple Inc (NASDAQ: AAPL) with the iPhone and Google Inc (NASDAQ: GOOG) trying to make a real dent in the smartphone market with Droid and Nexus One phones. There has been on and off speculation that R I M was suffering at the hands of the iPhone. 
Share:  <span class="company">Research in Motion Limited</span> (NASDAQ: RIMM) has been the ongoing envy of many cellphone makers before the last two years. Now you have Apple Inc (NASDAQ: AAPL) with the iPhone and Google Inc (NASDAQ: GOOG) trying to make a real dent in the smartphone market with Droid and Nexus One phones. There has been on and off speculation that R I M was suffering at the hands of the iPhone. Tweet this 

Now you have Apple Inc (NASDAQ: AAPL) with the iPhone and Google Inc (NASDAQ: GOOG) trying to make a real dent in the smartphone market with Droid and Nexus One phones. There has been on and off speculation that R I M was suffering at the hands of the iPhone. That now seems obvious when you see so many in public using smartphones other than a Blackberry. 
Share:  Now you have Apple Inc (NASDAQ: AAPL) with the iPhone and Google Inc (NASDAQ: GOOG) trying to make a real dent in the smartphone market with Droid and Nexus One phones. There has been on and off speculation that R I M was suffering at the hands of the iPhone. That now seems obvious when you see so many in public using smartphones other than a Blackberry. Tweet this 

Trina Solar Limited (NYSE: TSL) is joining on the open floodgates of secondary offerings this week . Yesterday we had filings for or pricing in almost 20 deals, and that number is greater now. Last night the solar player filed to sell up to 7,900,000 ADSs, with each ADS representing 50 ordinary shares. 
Share:  Trina Solar Limited (NYSE: TSL) is joining on the open floodgates of secondary offerings this week . Yesterday we had filings for or pricing in almost 20 deals, and that number is greater now. Last night the solar player filed to sell up to 7,900,000 ADSs, with each ADS representing 50 ordinary shares. Tweet this 

Toyota (TM) dominated the 2010 JD Power Vehicle Dependability Survey. Granted, the poll look back over a period of a year. Power describes the methodology as "original vehicle owners were asked to report the type and number of problems they experienced during the preceding 12 months with their 3 year old vehicle. 
Share:  Toyota (<span class="company">TM</span>) dominated the 2010 JD Power Vehicle Dependability Survey. Granted, the poll look back over a period of a year. Power describes the methodology as "original vehicle owners were asked to report the type and number of problems they experienced during the preceding 12 months with their 3 year old vehicle. Tweet this 

Google (GOOG) has decided it is its turn to transform the entertainment consumption habits of Americans. The search company will use its Android operating system as the basis of new set top boxes that will power the signals to televisions. Google TV, as the project is known, will allow consumers to use applications like Twitter on their TVs. 
Share:  Google (<span class="company">GOOG</span>) has decided it is its turn to transform the entertainment consumption habits of Americans. The search company will use its Android operating system as the basis of new set top boxes that will power the signals to televisions. Google TV, as the project is known, will allow consumers to use applications like Twitter on their TVs. Tweet this 

It is not lost on food producer Kraft (KFT) that sodium is a major cause of high blood pressure which contributes to the early death of some people. The press has seized on sodium rich food as a culprit in America's rising health care costs. Kraft and other food companies may eventually face federal regulation or taxes on sodium content. 
Share:  It is not lost on food producer Kraft (<span class="company">KFT</span>) that sodium is a major cause of high blood pressure which contributes to the early death of some people. The press has seized on sodium rich food as a culprit in America's rising health care costs. Kraft and other food companies may eventually face federal regulation or taxes on sodium content. Tweet this 

Sprint (S), still losing subscribers to AT&T Wireless and Verizon Wireless each quarter, is down to 48 million cellular customers. Many analysts believe the number will go lower. Its relationship with Palm (PALM) did not help the slide. 
Share:  Sprint (<span class="company">S</span>), still losing subscribers to AT&T Wireless and Verizon Wireless each quarter, is down to 48 million cellular customers. Many analysts believe the number will go lower. Its relationship with Palm (PALM) did not help the slide. Tweet this