FT Alphaville (blog)
After HP reported Q4 net profit of $2.4bn up from $2.1bn a year ago, its shares fell slightly in after-hours trading. Earlier this month, HP announced a ...
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Monday, November 23, 2009
HP triples stock buy-back plan - FT Alphaville (blog)
FT Alphaville (blog)
After HP reported Q4 net profit of $2.4bn up from $2.1bn a year ago, its shares fell slightly in after-hours trading. Earlier this month, HP announced a ...
and more »
Kinder Morgan expects to pay $4.40 annual dividend - The Associated Press
The Associated Press
Shares of Kinder Morgan rose 22 cents to $56.85 in after-hours trading, after gaining 64 cents during the regular session to close at $56.63.
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Hewlett-Packard Fourth-Quarter PC Sales Top Estimates - Bloomberg
Bloomberg
Hewlett-Packard, based in Palo Alto, California, fell 27 cents to $50.75 in after-hours trading, after climbing 98 cents to $51.02 at 4 pm on the New York ...
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AFTER THE BELL-Rambus jumps after court case update - Interactive Investor
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...
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Hewlett-Packard Fourth-Quarter PC Sales Top Estimates - Bloomberg
Bloomberg
Hewlett-Packard, based in Palo Alto, California, fell 14 cents to $50.88 in after-hours trading, after climbing 98 cents to $51.02 at 4 pm on the New York ...
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STOCKS NEWS US-AFTER THE BELL-Hewlett-Packard shares down - Forbes
Forbes
Shares of Hewlett-Packard fell 1 percent after the close on Monday after it posted results. Hewlett-Packard Co reported quarterly earnings rose 14 percent, ...
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Netlist Losing Hype (NLST)
Netlist Inc. (NASDAQ: NLST) is losing its way. Last week was actually a very large surprise after seeing it rise after an apparent and false fall from grace. But maybe reality is setting in that stocks don’t usually rise from under $1.00 in the penny stock category up to over $7.00. It would be easy to throw the rationale out, but Netlist is a purely trader-driven stock now that ebbs and flows with the direction that the money goes in and out of it. Shares today have traded over 12.2 million shares at 3:50 PM EST and the market cap is $129 million. A dollar-weighted average of $6.70 day (mid-point of $6.10 to $7.30) shows that $81.7 or so traded in share price volume. That is not an exact number, but is close enough and gives you a feel for how much stock traded versus what is really out there. It traded more than its whole float on Friday.
As of the most recent balance sheet, Netlist had close to $16.5 million in cash and investments and a net tangible assets of almost $21.6 million. Its revenues last quarter were almost $6.45 million.
As we have noted, this one feels a lot like K-Tel from the 1990’s.
JON OGG
Hewlett's Triples Stock Repurchase Plan - New York Times
New York Times
Shares of HP fell slightly in after-hours trading. HP, a hardware and technology services company that is a bellwether for informational technology spending ...
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Coffee Merger Trifecta (DDRX, GMCR, PEET)
Diedrich Coffee, Inc. (NASDAQ: DDRX) is soaring on a ceffeinated buyout offer. Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR)) confirmed that it has submitted a proposal to acquire Diedrich Coffee for $30.00 per share in a transaction with a total enterprise value of approximately $247 million.  Diedrich announced that its board of directors had determined that the Green Mountain offer constituted a superior proposal over the offer from Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) and Diedrich also announced today that is has received a revised offer from Peet’s.
The new $30.00 per share in cash has no financing and no due diligence contingencies that will be through cash on hand and existing bank lines of credit. This offer represents a 47% premium to the closing market price of Diedrich common stock on November 2, 2009 and a 15% premium over the original cash and stock proposal from Peet’s. Here are the moves at 8:55 AM EST:
DDRX is up 27% at $33.20 on 92,000 shares
GMCR is down only 0.5% at $64.71 on 6,000 shares
PEET is down 2.5% at $37.07 on 8,2000 shares
JON C. OGG
BEFORE THE BELL: US Stk Futures Up After Talks By Fed's Bullard - Wall Street Journal
Wall Street Journal
Cadbury shares rose 1.4% to $53.55 in after-hours trading, while Hershey slipped 0.5% to $37 and Kraft declined 0.6% to $27. United Parcel Service Inc.'s ...
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Terra rejects revised offer from CF Industries - TopNews United Kingdom (blog)
TopNews United Kingdom (blog)
TopNews United Kingdom (blog)
CF has been chasing Terra since January, while fending off a hostile bid from Canada-based Agrium Inc. In the after-hours trading, shares in Terra gained ...
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Australian Stocks Rise on Metal Prices, James Hardie Forecast - Bloomberg
Bloomberg
The precious metal reached a record after climbing for a seventh straight session in after-hours trading today to as much as $1165 an ounce. ...
and more »
Australian Stocks Rise on Metal Prices, James Hardie Forecast - Bloomberg
Bloomberg
The precious metal reached a record after climbing for a seventh straight session in after-hours trading today to as much as $1165 an ounce. ...
and more »
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