This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Monday's Winners and Losers: LJ International

On the winning side, Transmeridian Exploration (TMY), a Houston-based acquirer of Kazakh and Russian oil and natural gas, rose 40.7% to $1.97. Transmeridian Exploration announced it agreed to a cash offer from a British Virgin Islands-based entity set up by Lorrie Olivier, Transmeridian's chairman and CEO. The entity, Trans Meridian International, has offered to buy the company for about $825 million, or $3 a share, a 114% premium over Friday's closing price.

Vonage (VG - Get Report) rose 15% after the company said it has settled three patent disputes with Nortel (NT).

Vonage, which recently settled disputes brought by AT&T (T - Get Report), Verizon (VZ - Get Report) and Sprint (S), said it will not pay Nortel any money as part of the settlement. Shares of Vonage were up 30 cents to $2.30. Nortel was off 15 cents, or 1%, to $15.09. AT&T fell 88 cents, or 2.1%, to $41.56.

In a huge pop, LJ International (JADE) blasted off 64.8% to $5.72. The gemstone manufacturer announced results for the first six months of 2007 after Friday's market close. The Hong Kong company posted income of $1.83 million, or 8 cents a share, up from $950,000, or 5 cents a share, in the first six months of 2006.

BlackBerry maker Research In Motion (RIMM) capped the year by giving up some of its gains. RIM was off $3.54, or 3%, to $113.40. The stock has run up a whopping 165% this year.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CHC $0.00 0.00%
T $38.92 -0.46%
VZ $50.64 -1.30%
VG $4.60 0.11%
AAPL $95.35 1.80%


Chart of I:DJI
DOW 17,764.74 -126.42 -0.71%
S&P 500 2,062.53 -18.90 -0.91%
NASDAQ 4,770.89 -46.7040 -0.97%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs