Thursday, July 23, 2009

Morning Reading - Marketplace


Morning Reading
Marketplace
That should certainly provoke a reaction (and, in fact, already has in after-hours trading). The CIT story continues to run. News today from the New royalty ...


Late-Day Volume Alert: Wynn Resorts (WYNN)

Wynn Resorts Ltd. (WYNN) got a bit of a pop here in volume over the last 15 minutes.  We have seen almost a million shares in that time trade and as of 2:45 PM EST there was over 5.5 million shares listed as the volume of the day.  When you consider its average volume is 3.8 million, that is an intra-day volume alert.  The stock is now up 7.5% at $45.43 now.  The culprit for the advise is a tout by Jim Cramer on STOP TRADING on CNBC.  He said he hates to say it, but with the new Macau IPO it filed for that this should probably be a $70 stock rather than one its $40’s….. The 52-week range is $14.50 to $119.74. -JON C. OGG


EBay's Profits Drop 29 Percent Due To Slow Economy - RedOrbit


EBay's Profits Drop 29 Percent Due To Slow Economy
RedOrbit
... and its better-than-expected performance in the quarter drove its stock toll up more than four percent to $20.37 dollars in after-hours trading. ...

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Amdocs revenue drops, but beats analyst estimates - Globes


Amdocs revenue drops, but beats analyst estimates
Globes
Shares in Amdocs rose 0.48% to $23.06 yesterday, giving a market cap of $4.7 billion.. In after-hours trading, the share rose 2.99% to $23.75.

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