Thursday, September 17, 2009

(9/16) CORRECT: Kodak To Raise $400M From KKR, $300M From Note Offer - Wall Street Journal


(9/16) CORRECT: Kodak To Raise $400M From KKR, $300M From Note Offer
Wall Street Journal
Shares of the iconic camera maker and imaging company, which reiterated its 2009 guidance, fell 3.6% to $6.44 in after-hours trading as KKR will buy $400 ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Bank of America, AMR, ORCL, Citigroup, FDX, PIR Stk Futures Mixed ... - Ub News


Bank of America, AMR, ORCL, Citigroup, FDX, PIR Stk Futures Mixed ...
Ub News
Oracle shares fell sharply in after-hours trading Wednesday after the database software maker reported quarterly sales that missed Wall Street forecasts. ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Origin Agritech Gets China Pact (SEED)

Origin Agritech Limited (NASDAQ: SEED) announced that its Origin Biotechnology unit reached a worldwide agreement with the Institute of Microbiology of the Chinese Academy of Sciences and Sichuan Biotech Engineering, Limited.  Those two will jointly own the rights to an internally developed gene which is highly tolerant to glyphosate herbicide. This glyphosate-tolerance gene is entirely new to the consumer markets in that it has never been commercialized, and is protected by patents granted separately by China and USA separately.  SEED is surging on the news.  At the open we have a gain of almost 10% at $5.25 on 87,000 shares versus average volume of 120,000.  The 52-week high is $6.31. -Jon C. Ogg


Cel-Sci's Positive Momentum Keeps Building - Seeking Alpha (blog)


Cel-Sci's Positive Momentum Keeps Building
Seeking Alpha (blog)
CEL-SCI shares closed ony four cents lower than the previous day and were seen swapping as high as $1.68 during after hours trading. ...

and more »

BEFORE THE BELL: US Stk Futures Mixed Before Econ Data - Wall Street Journal


BEFORE THE BELL: US Stk Futures Mixed Before Econ Data
Wall Street Journal
But shares rose 2.1% to $17.63 in after-hours trading as Dynamex forecast fiscal-year earnings above analysts' estimate. Vivus Inc. (VVUS), less than a week ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

US Bancorp Runs on Rochdale/Bove (USB)

US Bancorp (NYSE: USB) is up but is surprisingly not getting as much attention as we would have expected.  At 8:51 AM EST we have only seen 18,000 shares trade hands versus an average volume of 17 million shares.  The gain is only 1.5% at $23.15.  The news that is out is that Rochdale’s Dick Bove upgraded his old Neutral rating to a new BUY rating. The old $25 target was hiked to $28 as well.  Shares are still up over 100% from its March lows, but we would be looking for stock upside and a volume spike here as the open gets closer. JON OGG


Oracle profits rise but sales fall in Q1 - The Times


Oracle profits rise but sales fall in Q1
The Times
... compete against IBM with its recently updated database and middleware products, he said. Oracle shares were down by $0.78 in after-hours trading to $21.35.

and more »

European, Asian Stocks Gain; Irish Banks Rally on Bad-Bank Plan ... - Bloomberg


European, Asian Stocks Gain; Irish Banks Rally on Bad-Bank Plan ...
Bloomberg
Oracle Corp., the world's second-largest software maker, fell in after-hours trading as first-quarter sales missed analysts' estimates. ...

and more »

Oracle Software Sales Miss Target - New York Times


Oracle Software Sales Miss Target
New York Times
They fell another 2.7 percent in after-hours trading. Total revenue -- which includes software sales as well as fees for maintenance of previously purchase ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Eastman Kodak in deal with KKR to raise capital - WNYT


Eastman Kodak in deal with KKR to raise capital
WNYT
Shares of Kodak fell 26 cents, or nearly 4 percent, to $6.42 in after-hours trading. During the regular session, they rose 29 cents, or 4.5 percent, ...


AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Adobe to buy Omniture for $1.8B; 3Q profit slides - Auburn Citizen


Adobe to buy Omniture for $1.8B; 3Q profit slides
Auburn Citizen
Adobe's shares took a hit in after-hours trading, falling $1.64, or 4.6 percent, to $33.98. The stock had closed regular trading up 43 cents at $35.62 ...

and more »

Wednesday, September 16, 2009

Oracle software sales miss target - NEWS.com.au


Oracle software sales miss target
NEWS.com.au
They fell another 2.7 per cent in after-hours trading. Total revenue -- which includes software sales as well as fees for maintenance of previously purchase ...


Oracle Software Sales Miss Target - New York Times


Oracle Software Sales Miss Target
New York Times
They fell another 2.7 percent in after-hours trading. Total revenue -- which includes software sales as well as fees for maintenance of previously purchase ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Oracle meets profit forecasts but revenue down - Contra Costa Times


Oracle meets profit forecasts but revenue down
Contra Costa Times
It fell further, to $21.56, in after-hours trading. Oracle is one of the world's biggest sellers of database software, middleware and applications that ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Jim Cramer Would Buy KMP, L And CVD - Benzinga


Jim Cramer Would Buy KMP, L And CVD
Benzinga
Loews (L) closed up 2.79% at $35.34, but than dropped 2.90% in after hours trading. Covance Inc. (NYSE: CVD) is another Cramer's pick. ...


Eastman Kodak to raise up to $700 million capital - The Associated Press


Eastman Kodak to raise up to $700 million capital
The Associated Press
Shares of Kodak fell 26 cents, or nearly 4 percent, to $6.42 in after-hours trading. During the regular session, they rose 29 cents, or 4.5 percent, ...

and more »

Rigel Pharma to sell 6M shares in public offering - The Business Insider


Rigel Pharma to sell 6M shares in public offering
The Business Insider
Shares of Rigel fell 44 cents, or 5.7 percent, to $7.22 in after-hours trading following the announcement of the offering. During the regular session, ...

and more »

AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Adobe channels its inner Larry Ellison - CNN


Adobe channels its inner Larry Ellison
CNN
In after-hours trading Omniture shares soared, up almost 25% on the news. That's about the premium that Adobe is paying for shares of the Orem, ...

and more »

Elevated Stock/Options Volume Ahead of Oracle Earnings (ORCL)

Oracle Corp. (NASDAQ: ORCL) has already seen 150% of a full average daily trading volume ahead of today’s earnings and it is not even 1:00 PM EST.  As of 12:35 AM EST we have seen almost 43 million shares trade hands and the average volume is about 29.7 million shares.  Shares are also down 2.4% at $22.13.  We are also seeing high put and call trading in options contracts…. Here are today’s CALL and PUT trading for SEPT-2009 options which expire in just over 48 hours from today’s close:

CALL$    Vol.   Op. Int.
21.00    4,023    14,365
22.00    6,842    39,815
23.00    7,080    25,522
PUT$$     Vol.    Op.Int.
20.00    1,146    17,162
21.00    1,904    20,924
22.00    3,751    12,500
23.00    9,120    29,918

A full earnings preview with chart and options trading expectations is available at 24/7 Wall Street.

Jon C. Ogg
September 16, 2009


Flextronics & Cramer Shine on EMS (FLEX, CLS, SANM, JBL)

Flextronics International Ltd. (NASDAQ: FLEX) is surging this morning after a Jim Cramer tout last night on CNBC’s MAD MONEY after he said that the EMS operation is trading at just 12 times 2011 earnings and said he’s a buyer of FLEX.  At 9:02 AM EST we have shares trading up 9% at $7.54 on almost 300,000 shares.  Average volume is close to 9 million shares and the 52-week high here is $8.23.  While this is not a 52-week high it is a high that has not been seen since OCT-2008.  If this one ramps too much, we’d look for gains elsewhere in EMS rivals like Celestica Inc. (NYSE: CLS), Sanmina-SCI Corp. (NASDAQ: SANM) and Jabil Circuit Inc. (NYSE: JBL).  -JON OGG


Omniture Leads All in Volume (OMTR, ADBE)

Omniture, Inc. (NASDAQ: OMTR) is the pre-market leader after getting acquired by Adobe Systems, Inc. (NASDAQ: ADBE).  This one closed at $17.33 yesterday and is up almost 25% at $21.60 on pre-market volume of over 4 million shares as of 8:56 AM EST.  As this is a buyout, that is of little surprise.  But acquirer Adobe also reported that its profit fell by 29% and revenue fell by about 21% last quarter based on weak demand for its traditional software.  We have Adobe down almost 5% at $33.90 on almost 200,000 shares versus an average day’s trading volume of $6.7 million shares.  The 52-week high for Adobe is $45.26. -JON OGG


BEFORE THE BELL: US Stk Futures Up; Focus On Economy - Wall Street Journal


BEFORE THE BELL: US Stk Futures Up; Focus On Economy
Wall Street Journal
Shares rose 5.9% to $28.60 in after-hours trading. Littlefuse Inc. (LFUS) boosted its third-quarter forecast, citing better-than-expected demand for its ...

and more »

Wall Street Breakfast: Must-Know News - Seeking Alpha


Wall Street Breakfast: Must-Know News
Seeking Alpha
In after hours trading, ADBE -4.15%, OMTR +25.1%. (Read Omniture's press release) BNY Mellon settles Russian lawsuit. Bank of New York Mellon (BK) reached ...

and more »

Adobe to acquire Omniture in a $1.8 billion deal - TopNews United States


TopNews United States

Adobe to acquire Omniture in a $1.8 billion deal
TopNews United States
In the after-hours trading, Utah-based Omniture witnessed its shares soar above the offer price of $21.50 to settle at $21.67.

and more »

Traders Buy Joy Global Upside Options - TheStreet.com


Traders Buy Joy Global Upside Options
TheStreet.com
Shares of Joy Global ended Tuesday up 4.3% to $45.15 and gained another 33 cents in after-hours trading. The company is scheduled to make its appearance at ...

and more »

$1.8B deal may mean Omniture expansion - Salt Lake Tribune


$1.8B deal may mean Omniture expansion
Salt Lake Tribune
Omniture's shares finished at $17.32 Tuesday, then soared $4.47, or 25.8 percent, to $21.79 in after-hours trading. Adobe's shares took a hit in after-hours ...

and more »

Tuesday, September 15, 2009

Market Insider: Wednesday Look Ahead - CNBC


Market Insider: Wednesday Look Ahead
CNBC
() ] was lower in after-hours trading after announcing plans to buy Omniture for $1.8 billion. August retail sales showed a surprising 2.7 percent gain, ...


Adobe bids $1.8B for Orem's Omniture - Salt Lake Tribune


Adobe bids $1.8B for Orem's Omniture
Salt Lake Tribune
Omniture's shares finished at $17.32 Monday, then soared $4.47, or 25.8 percent, to $21.79 in after-hours trading. Adobe's shares took a hit in after-hours ...

and more »

Adobe Says It's Buying Omniture To Fill Customer Need>ADBE - Wall Street Journal


Adobe Says It's Buying Omniture To Fill Customer Need>ADBE
Wall Street Journal
They settled after-hours trading at $21.67. During the conference call, Adobe executives said the acquisition won't impact the release of a critical new ...

and more »

Adobe to buy Omniture for $1.8 bln, a 24 pct premium - Forbes


Adobe to buy Omniture for $1.8 bln, a 24 pct premium
Forbes
Omniture shares soared 25 percent to $21.74 in after-hours trading, while Adobe shares slid 4.5 percent to $34.06. The deal, if completed, would be Adobe's ...

and more »

Natus Medical Inc. Is Pulling Back After The Bell - Trading Markets (press release)


Natus Medical Inc. Is Pulling Back After The Bell
Trading Markets (press release)
(rttnews) - Natus Medical Inc. (BABY | Quote | Chart | News | powerrating) gapped up Tuesday and climbed in early trade. The stock settled into a range for ...

and more »

AFTER THE BELL-Rogers rises, Adobe falls - Forbes


AFTER THE BELL-Rogers rises, Adobe falls
Forbes
NEW YORK, Sept 15 (Reuters) - Shares of Rogers Corp rose 6.3 percent after the closing bell on Tuesday after it said it raised its third-quarter outlook, ...


Adobe to buy Omniture for $1.8B, 3Q profit slides - The Associated Press


Adobe to buy Omniture for $1.8B, 3Q profit slides
The Associated Press
Adobe's shares took a hit in after-hours trading, falling $1.50, or 4.2 percent, to $34.12. The stock had closed at $35.62 in regular trading earlier ...

and more »

Adobe to acquire Omniture; CEO calls move a 'game-changer' - ZDNet


Adobe to acquire Omniture; CEO calls move a 'game-changer'
ZDNet
Shares of Adobe were up slightly in regular trading, closing at $35.62. but were slipping in after-hours trading, down more than 4 percent. ...

and more »

Financials, energy lead market rise - Vancouver Sun


Financials, energy lead market rise
Vancouver Sun
The S&P/TSX composite index climbed 78.81 points, or 0.70%, to 11332.04, after falling as low as 11167.35 in after-hours trading this weekend. ...

and more »

Yahoo! (YHOO) Shares Spike as Bernstein Upgrades to Outperform - StreetInsider.com (subscription)


Yahoo! (YHOO) Shares Spike as Bernstein Upgrades to Outperform
StreetInsider.com (subscription)
(Nasdaq: YHOO) have jumped in today's after-hours trading session as Bernstein has issued a late-day upgrade. After closing at $15.56, the stock most ...

and more »

CEL-SCI Gains Reach Questionable Levels (CVM)

CEL-SCI Corp. (AMEX: CVM) has gone absolutely bonkers today on exponential trading volume because of its fairly small market cap, a huge share float, a low share price… and swine flu or H1N1 news….. We have the details on the full news over at BioHealthInvestor.com, but it gets really hard to not throw up a red flag here with a caveat emptor or surgeon general warning for traders.  As of 1:32 PM EST we have now seen 48 million shares trade hands and this one is up 77% at $1.63.  It also hit a new 52-week high today of $1.82, yet its 52-week low is all the way down at $0.14. This company has been around forever back before 1995, and it has never regained its share prices from way back in the day….  Whether this one can rise further or not, you might as well put it on your new active trader alert for small cap and low-priced stocks.  Once you see volume of that magnitude, it is usually quite some time before you see ‘average volume’ again….    -JON OGG


Wells Fargo fires worker for alleged misconduct - MarketWatch


Wells Fargo fires worker for alleged misconduct
MarketWatch
Wells Fargo's shares were at $27.87, down 0.2%, in after-hours trading. The stock has fallen about 20% in the past year.

and more »

Martha Stewart Volume Already Passes Full Day in 30 minutes (MSO)

Martha Stewart Living Omnimedia Inc. (NYSE: MSO) is soaring on news of the new exclusive pact with the The Home Depot Inc. (NYSE: HD).  Full details are here from last night’s release, but what is so helpful is that this ‘exclusive’ pact is another pact that does not appear to be a replacement pact and the company noted that it still has Macy’s and other top retail outlets to create, sell, and distribute the Martha wares….. MSO shares are up 8% at $7.40, which is a tad lower than teh $7.50 high in pre-market trading that we saw.  Also worth noting is that the trading volume is now over 320,000 shares and the average volume is only 280,000 shares or so.  So in less than 30 minutes, this one is effectively heading into ‘exponential volume territory.’ -JON OGG 99:57 AM EST)


BEFORE THE BELL -2: US HOT STOCKS TO WATCH - Zawya


BEFORE THE BELL -2: US HOT STOCKS TO WATCH
Zawya
Shares fell 5% to $4.16 in after-hours trading. Esterline Corp. (ESL), a maker of materials and sensors for the aerospace and defense industries, ...

and more »

Citi Getting a New Uncle? (C)

Citigroup Inc. (NYSE: C) may be in for a huge day.  Last night brought reports that Uncle Same, the U.S. government, might be selling part of its massive stake.  Reports from multiple sources gave October as the month that the sale could begin.  Be advised that this is not a total exit of the government, but it is a start and would lead to the independent recovery of Citi.  This could also take months and months to be completed as this is roughly a 34% stake. Expect this to be today’s most active stock.  At 8:54 AM EST we have seen 23 million shares trade hands and the stock is down 1% at $4.48.-JON OGG


Pipeline Setback for Sanofi and Regeneron - Seeking Alpha


Pipeline Setback for Sanofi and Regeneron
Seeking Alpha
The candidate is in phase III studies for each of these indications. Regeneron's shares fell 6.9% in after-hours trading.

and more »

Asian Stocks Recover Losses a Year After Lehman's Bankruptcy - Bloomberg


Asian Stocks Recover Losses a Year After Lehman's Bankruptcy
Bloomberg
Crude oil in New York was little changed in after-hours trading at $68.81 a barrel. Oil closed below $100 for the first time since its July 11, ...


Sugar Mills in India 'Miss Import Bus' as Prices Peak - Bloomberg


Sugar Mills in India 'Miss Import Bus' as Prices Peak
Bloomberg
Raw-sugar futures for March delivery rose as much as 0.7 percent to 23.85 cents a pound in after-hours trading in New York. The rally in 2009 has topped ...

and more »

Asian Stocks Recover Losses a Year After Lehman Failure Sparked ... - Bloomberg


Asian Stocks Recover Losses a Year After Lehman Failure Sparked ...
Bloomberg
Crude oil in New York was little changed in after-hours trading at $68.81 a barrel. Oil closed below $100 for the first time since its July 11, ...


US looking at selling Citi shares - Financial Express


US looking at selling Citi shares
Financial Express
... sold at once in a managed offering, Bloomberg reported. Citi's shares traded at $4.39 on Monday in after hours trading, down 2.9 per cent from their close.

and more »

Monday, September 14, 2009

Asian Stocks Fluctuate as Telstra, Aiful Slump; Rio Advances - Bloomberg


Asian Stocks Fluctuate as Telstra, Aiful Slump; Rio Advances
Bloomberg
Crude oil in New York was little changed in after-hours trading at $68.87 a barrel. Oil closed below $100 for the first time since its July 11, ...

and more »

Synovus To Raise $350M in Stock Offer - TheStreet.com


Synovus To Raise $350M in Stock Offer
TheStreet.com
In after-hours trading, the stock retreated, however, giving up 20 cents, or 5.3%, to $3.60, as traders likely priced in dilution. Follow TheStreet.com on ...

and more »

Analyst upgrades Yahoo, citing low valuation - MarketWatch


Analyst upgrades Yahoo, citing low valuation
MarketWatch
After closing the regular session Monday slightly lower at $15.57, Yahoo shares rose 1.8% to $15.85 in after-hours trading. "Although many were disappointed ...

and more »