Monday, November 9, 2009

TV series help propel Lions Gate to profit - Los Angeles Times


Los Angeles Times

TV series help propel Lions Gate to profit
Los Angeles Times
... $5.5 million for worldwide rights to the picture. In after-hours trading following the release of its earnings, Lions Gate stock rose nearly 6% to $5.71.

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AFTER THE BELL-MBIA shares tumble after results - Reuters UK


AFTER THE BELL-MBIA shares tumble after results
Reuters UK
NEW YORK, Nov 9 (Reuters) - Shares of MBIA Inc (MBI.N) briefly dropped more than 17 percent after the closing bell on Monday after the bond insurer provided ...

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Bullish Technical Breakout Alerts (NASDAQ:NCOC), (OTC:BIEL.OB) - PR-Inside.com (Pressemitteilung)


Bullish Technical Breakout Alerts (NASDAQ:NCOC), (OTC:BIEL.OB)
PR-Inside.com (Pressemitteilung)
... tremendous buying pressure leading into market close, and National Coal Corp. saw its shares rise 7.62% within after hours trading on high volume. ...


AFTER THE BELL-MBIA shares tumble after results - Reuters UK


AFTER THE BELL-MBIA shares tumble after results
Reuters UK
NEW YORK, Nov 9 (Reuters) - Shares of MBIA Inc (MBI.N) briefly dropped more than 17 percent after the closing bell on Monday after the bond insurer provided ...

and more »

EC Issues Objections To Oracle-Sun Deal - Wall Street Journal


EC Issues Objections To Oracle-Sun Deal
Wall Street Journal
In after-hours trading, Sun shares recently traded at $8.25, below Oracle's $9.50 offer price. Oracle shares slipped 4 cents to $21.79. ...

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Clean Energy Fuels (CLNE) Misses On Revenues, But Back In The Black - Green Stocks Central


Clean Energy Fuels (CLNE) Misses On Revenues, But Back In The Black
Green Stocks Central
... strong bipartisan support and we remain optimistic that this will be passed in the near future.” Shares of CLNE are off about 5% in after hours trading.

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AFTER THE BELL-MBIA shares tumble after results - Reuters UK


AFTER THE BELL-MBIA shares tumble after results
Reuters UK
NEW YORK, Nov 9 (Reuters) - Shares of MBIA Inc (MBI.N) briefly dropped more than 17 percent after the closing bell on Monday after the bond insurer provided ...

and more »

EA Rises, But Sloppy Sloppy Numbers (ERTS)

Electronic Arts Inc. (NASDAQ: ERTS) is rising after the close despite some mixed reports.  The video game giant posted non-GAAP earnings at $0.06 EPS on $1.15 billion in revenues versus Thomson Reuters consensus estimates of $0.07 EPS and $1.13 billion in revenues.  More importantly, EA reported more cost reductions and will close several facilities and make job cuts of 1,500 by March 31, 2010.  While it will have $130 to $150 million in restructuring costs, this will give it $100 million in expected annual savings.  The new guidance for 2010 is $0.70 to $1.00 EPS and $4.20 to $4.40 billion in revenues.  Thomson Reuters has estimates at $0.89 EPS on $4.27 billion in revenues.  If were not for the cost cuts, this would be ugly as sin.

EA shares are up 2% at $19.95 after closing up 2.8% at $19.53 in regular trading.  While there were over 12 million shares in the regular trading session, we have seen 950,000 shares trade in the after-hours session since the $PM closing bell.

JON C. OGG


Fluor board appoints David Seaton to newly created position of chief operating ... - Washington Examiner


Fluor board appoints David Seaton to newly created position of chief operating ...
Washington Examiner
Shares of Fluor fell $2.51, or 5.2 percent, to $45.10 in after-hours trading, after adding $2.61, or 5.8 percent, to close at $48.01.

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Fluor Q3 Profit Declines 11%, Cuts FY09 Earnings Outlook - RTT News


RTT News

Fluor Q3 Profit Declines 11%, Cuts FY09 Earnings Outlook
RTT News
Following the news, shares of Fluor lost more than 6% in after-hours trading. For the third quarter, net earnings attributable to Fluor were $162 million, ...


MBIA Options Alert! (MBI, ABK)

MBIA Inc. (NYSE: MBI) is trading 9,900 calls and 1,804 puts ahead of earnings tonight with ISE Sentiment indicating that the offer side buying in the November $5 calls is mostly new opening buyers, as 7,000 trade against OI of 9,700.  Implied volatility is also jumping 8% to 132 % on the day.  Shares of the insurance and investment company trade 2X forward earnings estimates, 1X cash, and has a 35.5% short float, so we could see a major squeeze on positive developments.  MBIA could report a similar blowout quarter to Ambac on credit derivative gains.  Shares of Ambac gained 46% on earnings, and MBIA is likely having more success writing new business and also will see similar accounting gains.  (2:35 PM EST)

Joe Kunkle, OptionsHawk.com


Asian stocks gain on G-20; weaker dollar drives gold to record - Tehran Times


Asian stocks gain on G-20; weaker dollar drives gold to record
Tehran Times
Crude oil for December delivery in New York rose as much as 2 percent to $78.95 a barrel in after-hours trading as Hurricane Ida, packing 105 mile-an-hour ...

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Options Update: General Electric Co. Bull and Bear Debit Spreads Abound - Schaeffers Research


Options Update: General Electric Co. Bull and Bear Debit Spreads Abound
Schaeffers Research
Following the report, NVDA shares jumped nearly 6% higher in after-hours trading, and the stock has added to this lead in today's trading, advancing nearly ...


Leveling Teton (TEC)

Teton Energy Corporation (NASDAQ: TEC) is getting killed today on trading volume that goes above and beyond ‘exponential trading volume’ when you look at it.  Yet it is pretty sad when a whopping $600,000.00 worth of volume at the current price constitutes a volume spike.  Teton’s self description is that the firm engages in the development, production, and marketing of natural gas and oil properties, but apparently it was not good at any of it.  Teton filed for Chapter 11 bankruptcy protection and will effectively sell itself.  Shares are down 78% at $0.0666 right now.  We have also seen over 9 million shares trade hands as of 11:00 AM EST.

While the company discusses that Rise Energy Partners II, LLC is acquiring the company, here is all you need to know as a common holder: Teton would like to inform investors that it believes it is likely that there will be no value for its common stockholders in the bankruptcy process. If you have ever been on a jet that had an engine blow out, this is one of those situations for Teton.  The difference is that this is a crash and burn.

Jon C. Ogg
November 9, 2009


Public Storage 3Q results better than expected - November 09 - KMPH Fox 26


Public Storage 3Q results better than expected - November 09
KMPH Fox 26
Public Storage shares rose 34 cents to $77.03 in after-hours trading after closing Thursday at $76.69, up $2 from a day earlier.


Andersons shares fall on weak 3Q profit - Sify


Andersons shares fall on weak 3Q profit
Sify
Andersons shares fell $2.48, or 8.3 percent, to $27.51 in after-hours trading. Before the results were released the shares had fallen 6 percent to close at ...


Abercrombie Raised Ahead of Earnings (ANF)

Abercrombie & Fitch Co. (NYSE: ANF) is soaring on an analyst upgrade from Credit Suisse to outperform from neutral on hopes that the teen and young adult retailer will beat its earnings estimates this week.  A&F stock has now doubled from its lows of late-2008.  At 8:40 AM EST we have shares up 5% at $36.85 on right at 80,000 shares.  Average volume is over 4 million shares, but this is still well under half of its share price when it was a very popular growth story.

Jon C. Ogg
November 9, 2009


Public Storage 3Q results better than expected - November 09 - KMPH Fox 26


Public Storage 3Q results better than expected - November 09
KMPH Fox 26
Public Storage shares rose 34 cents to $77.03 in after-hours trading after closing Thursday at $76.69, up $2 from a day earlier.


METALS-Shanghai copper to open lower, tracking LME losses - Reuters India


METALS-Shanghai copper to open lower, tracking LME losses
Reuters India
Three-month copper on the London Metal Exchange MCU3 fell $40 to $6490 a tonne on Friday, but recovered to $6495 in after-hours trading. ...

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Asian Stocks Gain on G-20; Weaker Dollar Drives Gold to Record - Bloomberg


Asian Stocks Gain on G-20; Weaker Dollar Drives Gold to Record
Bloomberg
Crude oil for December delivery in New York rose as much as 1.7 percent to $78.78 a barrel in after-hours trading as Hurricane Ida, packing 105 mile-an-hour ...