Tuesday, October 13, 2009

Asian Stocks Rise as Intel's Sales Forecasts Beat Estimates; Samsung Gains - Bloomberg


Asian Stocks Rise as Intel's Sales Forecasts Beat Estimates; Samsung Gains
Bloomberg
Intel shares jumped 4.3 percent in after-hours trading. Mitsubishi UFJ sank 3.4 percent to 484 yen, the biggest single drag on the MSCI Asia Pacific Index. ...

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Paul Kangas' Stocks in the News - Nightly Business Report


Paul Kangas' Stocks in the News
Nightly Business Report
The stock rose $1 a share in after hours trading. Intel (INTC) closed down $0.09, but rose about $1 in after hours trading on those better than expected ...

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TOP MARKET NEWS - RTT News


TOP MARKET NEWS
RTT News
OZRK closed Tuesday's regular trading at $27.04, up $0.08 or 0.30%, on the Nasdaq. In after hours trading, the share lost $0.08 or 0.30%, trading at $26.96. ...


Ford To Recall Another 4.5 Mln Vehicles - RTT News


Ford To Recall Another 4.5 Mln Vehicles
RTT News
Ford shares closed Tuesday's regular trading session unchanged at $7.62, but gained 8 cents or 1.05% in after hours trading. by RTT Staff Writer.

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Intel Profit Slides, But Co. Offers Upbeat Outlook - Wall Street Journal


Intel Profit Slides, But Co. Offers Upbeat Outlook
Wall Street Journal
Intel shares, which hit 52-week highs earlier Tuesday, recently rose another 4.5% in after-hours trading to $21.43. The quarterly report pulled the rest of ...

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Conseco to increase capital with stock offerings - Forbes


Conseco to increase capital with stock offerings
Forbes
Shares rose 73 cents, or 15 percent, to $5.62 in after-hours trading following the announcement of the offering. Earlier, the stock fell 13 cents, ...

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After the bell, will PC maker Intel live up to bullish guidance? - Daily Finance (blog)


After the bell, will PC maker Intel live up to bullish guidance?
Daily Finance (blog)
AP Intel Corp. (INTC) reports its third-quarter numbers after the market closes Tuesday. Below is a summary of key developments and analyst opinion related ...

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AFTER THE BELL-Shares of Advanced Micro, Altera up - Reuters UK


AFTER THE BELL-Shares of Advanced Micro, Altera up
Reuters UK
NEW YORK, Oct 13 (Reuters) - Shares of Advanced Micro Devices (AMD.N) rose 5.6 percent after the closing bell on Tuesday following stronger-than-expected ...

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Break-Out Insights: VASC, CPBY, ININ, NVAX - Small Cap Network


Break-Out Insights: VASC, CPBY, ININ, NVAX
Small Cap Network
Getting a huge 31% jump in yesterday's after-hours trading was Vascular Solutions Inc., (VASC) http://www.vascularsolutions.com/ and it ...

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After the bell, will PC maker Intel live up to bullish guidance? - Daily Finance (blog)


After the bell, will PC maker Intel live up to bullish guidance?
Daily Finance (blog)
AP Intel Corp. (INTC) reports its third-quarter numbers after the market closes Tuesday. Below is a summary of key developments and analyst opinion related ...

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Options Traders Citigroup Lotto Ticket Trade (C)

Options traders are making, and have been making, a very large bet using Citigroup, Inc. (NYSE: C) stock options that is technically a very low risk bet if done on a de-leveraged basis.  It is almost very similar to a Citigroup Lotto Ticket.

October stock options expiration date in only about 75 hours away for this Friday.  With the stock itself being such a low-priced stock, many might be shocked about the call and put options trading seen here.   The stock is up 1.5% today at $4.845 on almost 300 million shares as of 1:10 PM EST.  But the OCT-2009 $5.00 CALLS have seen some 89,503 contracts trade versus an open interest of some 791,234 contracts.  The last trades were at $0.11 and the market on this one is listed as $0.10 X $0.11.

In short, this lotto ticket pays off only if shares go north of $5.11 (plus transactional fees).  But if traders are only buying one contract per 100 shares for the exposure to any big earnings upside, then they are actually taking less event risk than stock traders. It would be easy to imagine that Citi shares could fall more than $0.11 if the news is atrocious.  Merely having a stop loss during market hours won’t protect those traders who have on a theoretical $4.50 stop loss if this were to gap down significantly.

As always, out of the money options expire worthless at each options expiration date.  So calling this a lower-risk trade only applies if traders are using the de-leveraged trade.  Options of this sort are 100% purely for risk-based capital. And as far as lotto tickets, the odds are directly at an inverse proportion to the potential reward….

JON C. OGG


After the bell, will PC maker Intel live up to bullish guidance? - Daily Finance (blog)


After the bell, will PC maker Intel live up to bullish guidance?
Daily Finance (blog)
AP Intel Corp. (INTC) reports its third-quarter numbers after the market closes Tuesday. Below is a summary of key developments and analyst opinion related ...

and more »

China markets rise, energy shares lead on crude oil hike - Proactive Investors Chinese


Proactive Investors Chinese

China markets rise, energy shares lead on crude oil hike
Proactive Investors Chinese
Crude oil traded at US$73 a barrel in New York in after-hours trading, after settling yesterday at a seven-week high of US$73.27. PetroChina Co. ...

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Starent Volume Immediately Exponential on Buyout (STAR, CSCO)

Starent Networks, Corp. (NASDAQ: STAR), multimedia hardware/software player, is being acquired by Cisco Systems (NASDAQ: CSCO) for some $2.9 billion versus a $2.08 billion market cap based on Monday’s $29.03 closing price. The deal is an all-cash buyout and the buyout price is $35.00 per share in a deal which companies have approved and which is expected to close in the first half of 2010.  Trading has been halted all morning and the stock was freed up to trade at 9:45 AM EST.  At 9:54 AM EST we have over 6.2 million shares traded and the stock is up 18% at $34.30.  Starent trades 1.6 million shares on average and its 52-week trading range is $7.30 to $30.00.  The $35 buyout price is an all-time high that has never been seen since its 2007 IPO.

JON C. OGG


Vanda Headed Higher on Novartis Deal - Seeking Alpha (blog)


Vanda Headed Higher on Novartis Deal
Seeking Alpha (blog)
VNDA traded higher by 20% during the after hours trading period on Monday after the news hit. A conference call is scheduled for Tuesday morning at 8:30 AM, ...

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After the bell, will PC maker Intel live up to bullish guidance? - Daily Finance (blog)


After the bell, will PC maker Intel live up to bullish guidance?
Daily Finance (blog)
AP Intel Corp. (INTC) reports its third-quarter numbers after the market closes Tuesday. Below is a summary of key developments and analyst opinion related ...

and more »

Whitney Pans Goldman Sachs (GS)

Goldman Sachs Group Inc. (NYSE: GS) is getting hit ahead of earnings as analyst Meredith Whitney has come out and downgraded the stock to Neutral from Buy after shares have run up over 30% since her Buy recommendation.  It is surprising that the volume is not more and that the reaction is not more as well.   We have shares down 1.8% at $186.70 on over 120,000 shares as of 8:52 AM EST.  Shares rose much more than this when she initiated the buy rating.  In a bull market it seems easier to add than to take away.  JON C. OGG


China markets rise, energy shares lead on crude oil hike - Proactive Investors Chinese


Proactive Investors Chinese

China markets rise, energy shares lead on crude oil hike
Proactive Investors Chinese
Crude oil traded at US$73 a barrel in New York in after-hours trading, after settling yesterday at a seven-week high of US$73.27. PetroChina Co. ...

and more »

China Stocks Rise to Three-Week High; Shenhua, SAIC Motor Gain - Bloomberg


China Stocks Rise to Three-Week High; Shenhua, SAIC Motor Gain
Bloomberg
Crude traded at $73 a barrel in New York in after-hours trading, after settling yesterday at a seven-week high of $73.27. Coal prices at Qinhuangdao port, ...

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GameStop director sells $60m in shares - GamesIndustry.biz


GameStop director sells $60m in shares
GamesIndustry.biz
GameStop shares closed down a fraction yesterday, dropping 0.4 per cent to USD 26.86, while after hours trading saw a further fall of just under 1 per cent. ...

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Digital River battered by loss of Symantec - Pioneer Press


Digital River battered by loss of Symantec
Pioneer Press
The shares lost 5 cents more in after-hours trading. Digital River officials said California-based Symantec, which makes the widely used Norton antivirus ...

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Pier 1 says sales up 9.9% over last September - Dallas Morning News


Pier 1 says sales up 9.9% over last September
Dallas Morning News
... 1 Imports Inc. said late Monday that its September sales increased 9.9 percent from a year ago, sending its stock price higher in after-hours trading. ...

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