Friday, September 18, 2009

Health Net Federal Services Expands Provider Network Adding ... - Financial News USA (press release)


Health Net Federal Services Expands Provider Network Adding ...
Financial News USA (press release)
Shares fell $1.10, or 4.6 percent, to $22.75 in after-hours trading. The stock had closed up 8 cents at $23.85 in the regular session.


Wall Street Breakfast: Must-Know News - Seeking Alpha (blog)


Wall Street Breakfast: Must-Know News
Seeking Alpha (blog)
Palm (PALM) reported a smaller-than-expected quarterly loss yesterday (see details below), but shares traded down nearly 3% in after hours trading on a weak ...

and more »

AP Technology newsbrief at 6:14 am EDT - TMCnet


AP Technology newsbrief at 6:14 am EDT
TMCnet
But a disappointing second-quarter sales forecast and news of a planned stock offering sent shares lower in after-hours trading. rulesBRUSSELS calls on EU ...

and more »

Mueller Water Secondary Helps Shares (MWA)

Mueller Water Products, Inc. (NYSE: MWA) priced a 32.28 million share secondary offering of common stock at $4.75 through BofA Merrill Lynch and Goldman Sachs.  This offering size was increased on demand as the original amount was to be 27.5 million shares.  The $144.1 million in gross proceeds is to be used to purchase additional shares and to repay a portion of indebtedness outstanding under its credit agreement.  Co-managers a At 8:47 AM EST we have seen 370,000 shares trade and the stock is actually up 2% at $4.95.  Expect the volume here to blow though the 1.1 million share average as the opening gets closer. -JON OGG


AFTER THE BELL-Palm shares up after results - Interactive Investor


AFTER THE BELL-Palm shares up after results
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...

and more »

Palm Offer: 16 million shares to be sold in new offering - Phones Review


Palm Offer: 16 million shares to be sold in new offering
Phones Review
Shares jumped 41 cents to $14.85 in after hours trading yesterday and the stock closed down 22 cents at $14.44. Share a comment or problems with phones and ...

and more »

Update on the latest in business: | KXNet.com North Dakota News - Reiten Television KXMB Bismarck


Update on the latest in business: | KXNet.com North Dakota News
Reiten Television KXMB Bismarck
Palm shares rose 2.8 percent in after-hours trading. UNDATED (AP) As it now stands, time is running out for a federal tax credit which has helped to give ...

and more »

AP Business NewsBrief at 1:05 am EDT - TMCnet


AP Business NewsBrief at 1:05 am EDT
TMCnet
But a disappointing second-quarter sales forecast and news of a planned stock offering sent shares lower in after-hours trading.


Thursday, September 17, 2009

Benchmark Electronics to close plant, lay off 183 - Bizjournals.com


Benchmark Electronics to close plant, lay off 183
Bizjournals.com
Benchmark's shares closed Thursday up 2 percent to $17.67, near the company's 52-week high of $17.70. They dropped slightly to $17.55 in after-hours trading.

and more »

HP Elects Marc Andreessen To Board - Update - RTT News


HP Elects Marc Andreessen To Board - Update
RTT News
HP shares closed Thursday's regular trading session at $45.71, up 7 cents but lost 22 cents in after hours trading. by RTT Staff Writer.

and more »

Estee Lauder To Close Brand, Sees $35M-$40M Charge >EL - Wall Street Journal


Estee Lauder To Close Brand, Sees $35M-$40M Charge >EL
Wall Street Journal
... was in line with analyst estimates at the time. Shares were inactive in after-hours trading, after closing down 7 cents to $35.42 in the regular session.

and more »

Franklin Street Properties To Sell 6M Shares To Repay Debt - Wall Street Journal


Franklin Street Properties To Sell 6M Shares To Repay Debt
Wall Street Journal
Shares of the investment firm, which specializes in real estate, fell 6% to $13.88 in after-hours trading. The stock has gained nearly one-quarter in the ...

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 »

AFTER THE BELL-Palm shares up after results - Reuters UK


AFTER THE BELL-Palm shares up after results
Reuters UK
NEW YORK, Sept 17 (Reuters) - Shares of Palm Inc (PALM.O) rose 5.3 percent to $15.21 in extended trading on Thursday, after the smartphone maker reported ...


Oracle sales, stock drop - Bizjournals.com


Oracle sales, stock drop
Bizjournals.com
Oracle shares fell about 5 percent to $21.40 in after-hours trading Wednesday before recovering slightly Thursday morning. Oracle has operations in Rocklin, ...

and more »

(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 ...

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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, ...