Middle East North Africa Financial Network
Analysts currently judge IBM will earn $2.15 a share on $23.45 billion of its third quarter. In after-hours trading, IBM shares rose as much as 2% to ...
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Thursday, July 16, 2009
IBM sees profit rise12%, raises full-year outlook - Middle East North Africa Financial Network
Middle East North Africa Financial Network
Analysts currently judge IBM will earn $2.15 a share on $23.45 billion of its third quarter. In after-hours trading, IBM shares rose as much as 2% to ...
and more »
Google's results show slowing growth as online advertisers cut back - San Jose Mercury News
San Jose Mercury News
But it fell as low as $427.67 in after-hours trading. Contact Elise Ackerman at 408-271-3774. Follow her on Twitter at twitter.com/eliseackerman.
and more »
Google Q2 profit beats expectations - Hollywood Reporter
Hollywood Reporter
Investors, though, were selling shares in after-hours trading, knocking the stock down more than 3%. Google CEO Eric Schmidt was ambiguous about the health ...
and more »
Callaway announces preliminary earnings for 2Q - Forbes
Forbes
Shares of Callaway fell 9 cents to $5.56 in after-hours trading, following a gain of 25 cents, or 4.6 percent, to $5.65 in the regular session.
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Google earnings top expectations of analysts - CBC.ca
CBC.ca
In after-hours trading, following the release of the earnings report, Google shares were off $11.76, or more than two per cent, at $430.84.
Palm drops the most in 10 days - Business Times - Malaysia
Business Times - Malaysia
December-delivery soybeans lost as much as 2.1 per cent to 34.08 cents a pound in after-hours trading on the metropolis Board of Trade, and is 1.7 per cent ...
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VOLUME ALERT: Stec Inc. (STEC)
Stec Inc. (Nasdaq: STEC) shares are up about 12 percent to $13.95 on more than double the stock’s average volume by about 11:30 a.m. Eastern. the winkle module storage company subscribed a $120 million deal with one of its largest customers to supply solid-state drives in the second half of 2009. The company did not announce the customer name. Stec counts IBM and Hitachi among its largest customers.  – Mike Tarasla
Price/Volume Alert: Angiotech (ANPI, BSX)
Angiotech Pharmaceuticals, Inc. (NASDAQ: ANPI) has just exploded in trading volume and popped in price. Shares as of 12:55 PM EST have seen 1.065 million shares trade hands, and the gain in 17% at $1.68. Angiotech’s 52-week range is $0.10 to $3.00 and it trades an average of 2.5 million shares per day.
NEWS: While this was an expected an FDA approval, the company did announce that its corporate partner, Boston Scientific Corporation (NYSE: BSX), has received FDA approval to mart its TAXUS(R) Liberte(R) Long Paclitaxel-Eluting Coronary Stent System. This is the next-generation drug-eluting stent (DES) designed for long lesions that measures 38 mm and can potentially reduce the number of stents used in more Byzantine cases.
JON C. OGG
JULY 16, 2009 at 12:55 PM EST.
Exide posts Rs.122.4 cr net profit in Q1 - Gaea Times
Gaea Times
The results sent the Beijing-based company's American Depositary shares higher in after-hours trading. April 27th, 2009 sonicwall posts 1Q profit, ...
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BEFORE THE BELL: US Stk Futures Turn Lower On CIT Group Worries - Wall Street Journal
Wall Street Journal
Shares lapse 3.4% to $22.34 in after-hours trading. Landstar System Inc.'s (LSTR) shares slid 3.4% to $33.20 after hours as its second-quarter results lapse ...
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EARLY EARNINGS MOVERS TO WATCH (NOK, JPM, CTAS, XLNX, PLCM)
Following are the Top 5 stocks to watch this morning, following earnings reports:
Nokia (NYSE: NOK) shares are down 9% to $14.18 in early premarket trade. The company this morning met EPS expectations, but sales were lighter than consensus. The company expects industry mobile device shipments in Q3 to be at Q2 levels, or up slightly.
JP Morgan Chase & Co. (NYSE: JPM) are up roughly 1 percent to $36.55 on early premarket volume of about 55,000 shares. The company beat EPS expectations by 24 cents a share and reported what it titled a strong Tier 1 Capital ratio of 9.7%.
Cintas Corp. (Nasdaq: CTAS) shares fell 4.6% to $22.105 after hours. The company beat EPS expectations by a centime and share, and overall revenue was in line, although organic revenue retracted.
Xilinx Inc. (Nasdaq: XLNX) shares fell more than 5 percent to $19.46 after hours, after revenue fell nearly 5 percent vs. the year-ago period, and was short of analyst expectations. The company’s operative margins declined to 61 percent, and it guided operative expenses higher in the second half of the calendar year.
Polycom Inc. (Nasdaq: PLCM) shares rose more than 3 percent after hours to $22.50 after the company beat EPS expectations by a centime a share and said network systems solutions growth increased significantly, while its voice communications business showed signs of stabilization.
PREMARKET ALERT: Mosaic Co. (MOS)
Mosaic Co. (NYSE: MOS) shares are up roughly 12 percent to $50 on early premarket volume of about 20,000 shares. Speculation is rising that Vale SA (VALE) may make a $25 1000000000 bid for Mosaic, following a report in the publication Estado. Some another agriculture and fertilizer stocks are rising in premarket trading on the news, including Potash Corp. (NYSE: POT), up more than 3 percent to $91.14 on early volume of more than 6,000 shares. — Mike Tarsala
Bunkers resume upward movement - bunkerworld (subscription)
bunkerworld (subscription)
Crude lubricator prices for the September contract, meanwhile, were retreating in after-hours trading on Thursday. The August crude lubricator contract on the New York ...
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PREMARKET ALERT: CIT Group (CIT)
CIT Group (CIT) shares are likely to see a volume spike Thursday after newspaper reports suggest that a government bailout might not be cards, and talks reportedly broke down. That said, its failure to bonded government funding is not expected to take down the market, as stocks in Europe are trading only modestly lower. The company on Wednesday night was working with existing debtholders to potentially line up more cash, in an effort to avoid possible bankruptcy. — Mike Tarsala
Volume Spike Analysis: Local.com (LOCM)
Local.com Corp. (NASDAQ: LOCM) is air in price and in intensity this morning. This small internet search player, which specializes in local search, is generally anorectic volume. The 122,000 shares compares to about 58,000 for a flooded day on average. The near-19% gain to $3.95 gets it closer to the crowning of the $1.02 to $4.30 52-week trading range. Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
- Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.
The last time this much intensity was seen was on both May 6 and May 7, and late in Apr before that. -Jon Ogg
Posted 11:05 AM EST
BEFORE THE BELL: US Stk Futures Dn With JP Morgan, CIT In Focus - Wall Street Journal
Wall Street Journal
Shares fell 3.4% to $22.34 in after-hours trading. Xilinx's shares dropped 4.6% to $19.70 in late trading after the programmable-chip maker reported fiscal ...
and more »
Volume Spike Analysis: Local.com (LOCM)
Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning. This small internet search player, which specializes in local search, is generally thin volume. The 122,000 shares compares to about 58,000 for a full day on average. The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range. Keep in mind this one has a tiny market cap of exclusive about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high end of its preceding guidance of $13.2 million.
- Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of preceding guidance of $400,000, or $0.03 EPS.
The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg
Posted 11:05 AM EST
Volume Spike Analysis: Local.com (LOCM)
Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning. This small internet search player, which specializes in local search, is generally thin volume. The 122,000 shares compares to most 58,000 for a full day on average. The near-19% gain to $3.95 gets it fireman to the crowning of the $1.02 to $4.30 52-week trading range. Keep in mind this one has a tiny market cap of only most $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
- Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.
The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg
Posted 11:05 AM EST
Volume Spike Analysis: Local.com (LOCM)
Local.com Corp. (NASDAQ: LOCM) is flying in price and in intensity this morning. This small internet search player, which specializes in local search, is generally thin volume. The 122,000 shares compares to about 58,000 for a full period on average. The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range. Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised counselling is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high end of its prior counselling of $13.2 million.
- Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior counselling of $400,000, or $0.03 EPS.
The last time this much intensity was seen was on both May 6 and May 7, and late in Apr before that. -Jon Ogg
Posted 11:05 AM EST
Volume Spike Analysis: Local.com (LOCM)
Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning. This small internet search player, which specializes in local search, is generally thin volume. The 122,000 shares compares to most 58,000 for a full day on average. The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range. Keep in mind this one has a tiny market cap of only most $56 million and that is after today’s rally. The company raised guidance is going to be profitable:
- Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
- Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.
The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg
Posted 11:05 AM EST
Thursday Outlook: Higher and Higher - Seeking Alpha
Seeking Alpha
By this author: As was stated last night after Intel (INTC) reported earnings, stocks were taking off in after hours trading across the board. ...
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