Monday, September 21, 2009

Potash Corp. shares fall on lower profit outlook - CBC.ca


CBC.ca

Potash Corp. shares fall on lower profit outlook
CBC.ca
... shares fell $4.05 â€" or 4.2 per cent â€" to $93.09 US on the New York Stock Exchange, although it regained a little of that in after-hours trading. ...

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Tenet Healthcare To Sell $300M Of Convertible Preferred Stock - Wall Street Journal


Tenet Healthcare To Sell $300M Of Convertible Preferred Stock
Wall Street Journal
Shares fell 2.1%, to $5.73 in after-hours trading. The stock has climbed fivefold this year, but is still down about 7% from a year ago. ...

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Navy awards $60M deal to 3 wireless providers - The Associated Press


Navy awards $60M deal to 3 wireless providers
The Associated Press
based Sprint Nextel fell 3 cents to $4.25. New York-based Verizon added a penny to $29.50 in after-hours trading, after falling 10 cents to close at $29.49.


Oclaro raises outlook for its 1Q revenue - The Associated Press


Oclaro raises outlook for its 1Q revenue
The Associated Press
Oclaro shares jumped 22 cents, or 21.6 percent, to $1.24 in after-hours trading, after falling 4 cents, or 3.8 percent, to finish regular trading at $1.02.

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Israel stocks fall; Israel Chemicals, Bank Leumi, El Al in focus - MarketWatch


Israel stocks fall; Israel Chemicals, Bank Leumi, El Al in focus
MarketWatch
Rival Mosaic Co. shares also had declined in after-hours trading on Friday. Leader Capital Markets said in a note that the "negative surprise is very ...


Dell Agrees to Buy Perot Systems for $3.9 Billion - PC World


Dell Agrees to Buy Perot Systems for $3.9 Billion
PC World
In after-hours trading, the stock traded at $29.70 early on Monday morning. The boards of Dell and Perot agreed to the terms of the transaction on Sunday, ...

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Calls Active in Airliners (CAL, DAL, LCC, JBLU)

Airliners are seeing massive call option action today with Continental (NYSE: CAL) trading more than 7,700 October $18 calls with shares at $16.80; Delta (NYSE: DAL) trading more than 13,200 October $10 calls with shares at $9.35; and US Air (NYSE: LCC) trading more than 10,600 October $6 calls with shares at $5.18.  Furthermore, JetBlue (NASDAQ: JBLU) October $7 calls are trading 10,900 October $7 calls with shares at $6.50.  The trades have seen some very large blocks hit, and it may be a “shotgun approach” looking for consolidation in the airline industry, or just a bullish view as oil breaks below $70 a barrel and the airline companies seem to have seen the worst.  Most of the airline stocks are at 52 week highs after jet fuel recently hit long time lows, which will improve margins plus the added benefit of a rebounding economy generating more air traffic and better fill rates on planes.

Joe Kunkle, OptionsHawk.com

11:00 AM EST


Dell Agrees to Buy Perot Systems for $3.9B - PC World


Dell Agrees to Buy Perot Systems for $3.9B
PC World
In after-hours trading, the stock traded at $29.70 early on Monday morning. The boards of Dell and Perot agreed the terms of the transaction on Sunday, ...

and more »

Amgen Study Helps (AMGN)

Amgen, Inc. (NASDAQ: AMGN) is seeing some positive action this morning.  The biotech and drug maker announced Phase 3 trial results evaluating denosumab versus Zometa in advanced cancer patients with solid tumors or multiple myeloma showing that denosumab delayed skeletal related events (osteoporosis etc.).  Shares are up over 2% at $62.20 on over 175,000 shares as of 8:52 AM EST. As this is already the leader here, the fallout may be limited in competitors. If you can believe it, Amgen is now within about 3% of its 52-week highs.  -JON OGG