Thursday, November 12, 2009

CORRECT:UPDATE: BEFORE THE BELL -2: US HOT STOCKS TO WATCH - Wall Street Journal


CORRECT:UPDATE: BEFORE THE BELL -2: US HOT STOCKS TO WATCH
Wall Street Journal
The stock declined 2.9% to $53 in after-hours trading. Advance Auto Parts Inc.'s (AAP) fiscal third-quarter earnings rose 10% as the company recorded strong ...

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HP Charts: Suspicious Price Advance - TheStreet.com


HP Charts: Suspicious Price Advance
TheStreet.com
By LA Little 11/12/09 - 10:14 AM EST The stock barely blipped lower on the news in after-hours trading. With HPQ sitting near its 52-week highs, ...


JDS Uniphase Riding Coattails (JDSU)

JDS Uniphase Corp. (NASDAQ: JDSU) is riding the 3Com coattails this morning.  We already noted this week from OptionsHawk.com how JDSU was being tossed around as a potential buyout candidate in the options trading.  There might be many hurdles in that, but shares at 8:51 AM EST have seen 132,000 shares trade hands and the last trade was up 6.6% at $7.68.  This was under $6.00 just on NOV 4 and this takes it back to the levels not seen since late-September.

JON OGG


Call Buying Surged Before 3Com Takeover Announced - Seeking Alpha (blog)


Call Buying Surged Before 3Com Takeover Announced
Seeking Alpha (blog)
COMS rose 5.18 percent to close the regular session at $5.69 but has jumped to $7.65 in after-hours trading. After the bell HPQ announced that it would ...

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Brocade, Cisco pressured by HP-3Com deal - San Jose Business Journal


Brocade, Cisco pressured by HP-3Com deal
San Jose Business Journal
Both companies stock slipped in after hours trading following Wednesday's announcement of the HP deal. Brocade (NASDAQ:BRCD) was down nearly 10 percent at ...

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Emdeon 3Q loss widens on costs - November 12 - KMPH Fox 26


Emdeon 3Q loss widens on costs - November 12
KMPH Fox 26
... of 80 cents per share on revenue of $918.5 million. Shares of Emdeon fell $1.07, or 6.6 percent, to $15.13 in after-hours trading after closing at $16.20.

and more »

EURO GOVT-Bunds push higher, eye on stocks - Reuters


EURO GOVT-Bunds push higher, eye on stocks
Reuters
LONDON, Nov 12 (Reuters) - Euro zone government bond yields edged lower early on Thursday and futures climbed from levels seen in after hours trading with ...

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After The Bell Big Announcement: HP To Acquire 3Com - CNBC


After The Bell Big Announcement: HP To Acquire 3Com
CNBC
Assessing whether the rally is real or fake, with cnbc's Mary Thompson; Rick Bensignor, Execution LLC; Eric Ross, Canaccord Adams; and cnbc's Bob Pisani. ...


AFTER THE BELL-3Com shares jump after HP deal announced - Forbes


AFTER THE BELL-3Com shares jump after HP deal announced
Forbes
NEW YORK, Nov 11 (Reuters) - Shares of 3Com Corp shot up more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co said it agreed to ...

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Hewlett-Packard to Acquire 3Com - Pittsburgh Post Gazette


Hewlett-Packard to Acquire 3Com
Pittsburgh Post Gazette
3Com shares were up more than 30 percent, at $7.67, in after-hours trading on Wednesday. HP shares were down slightly. Trading in 3Com call options ...

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Cotton exports to double on China, Pakistan demand - YarnsandFibers (subscription)


Cotton exports to double on China, Pakistan demand
YarnsandFibers (subscription)
Futures for December delivery gained 0.2 per cent to 69.20 cents a pound at 9:17 am in after-hours trading in New York. Futures rose 2.1 per cent yesterday, ...


Wednesday, November 11, 2009

AFTER THE BELL-3Com shares jump after HP deal announced - Forbes


Straits Times

AFTER THE BELL-3Com shares jump after HP deal announced
Forbes
NEW YORK, Nov 11 (Reuters) - Shares of 3Com Corp shot up more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co said it agreed to ...
After The Bell Big Announcement: HP To Acquire 3ComCNBC

all 681 news articles »

HP has $2.7 billion to buy 3COM - TG Daily


HP has $2.7 billion to buy 3COM
TG Daily
The stock was up 35% in after-hours trading to $7.65, meaning that someone who exercised the option could have realized a 35% paper gain in a matter of ...

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Paul Kangas' Stocks in the News - Nightly Business Report


Paul Kangas' Stocks in the News
Nightly Business Report
3Com jumped over $2 to about $7.70 in after hours trading. Also today after the close, Hewlett-Packard reported preliminary fourth quarter earnings of $1.14 ...

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AFTER THE BELL-3Com shares jump after HP deal announced - Forbes


Boston Globe

AFTER THE BELL-3Com shares jump after HP deal announced
Forbes
NEW YORK, Nov 11 (Reuters) - Shares of 3Com Corp shot up more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co said it agreed to ...
After The Bell Big Announcement: HP To Acquire 3ComCNBC

all 642 news articles »

Churchill Downs to Buy Youbet - Wall Street Journal


Churchill Downs to Buy Youbet
Wall Street Journal
Youbet's stock price increased 7.9% to $2.60 in after-hours trading Wednesday. Churchill Downs was flat at $31.57 in after-hours trading. ...

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'Fast Money' Recap: Behind hp's Big Deal - TheStreet.com


'Fast Money' Recap: Behind hp's Big Deal
TheStreet.com
NEW YORK (thestreet) -- Hewlett-Packard's(HPQ Quote) lit up after-hours trading with its surprising move to acquire ...

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CORRECT:US HOT STOCKS:3Com,Green Mountain Active In Late Trade - Wall Street Journal


CORRECT:US HOT STOCKS:3Com,Green Mountain Active In Late Trade
Wall Street Journal
Shares rose 1.5% to $13.44 in after-hours trading as the results far exceeded Wall Street's expectations. Advance Auto Parts Inc.'s (AAP) fiscal ...


Churchill Downs To Buy Youbet.com In Deal Valued At $126.8M - Wall Street Journal


Churchill Downs To Buy Youbet.com In Deal Valued At $126.8M
Wall Street Journal
Youbet shares remained below that price, up 7.9% to $2.60 in after-hours trading after an 8.6% increase during the regular session. Churchill Downs was flat ...


AFTER THE BELL-3Com shares jump after HP deal announced - Forbes


BBC News

AFTER THE BELL-3Com shares jump after HP deal announced
Forbes
NEW YORK, Nov 11 (Reuters) - Shares of 3Com Corp shot up more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co said it agreed to ...
After The Bell Big Announcement: HP To Acquire 3ComCNBC

all 350 news articles »

Blue Horseshoe (hates) Brocade?

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting its feelings hurt in after-hours trading after H-P (NYSE: HPQ) decided to spend $2.7 billion to buy 3Com (NASDAQ: COMS).  Many have been under the assumption that Brocade Communications would be bought by H-P.  The good news is that someone else may now need to look at Brocade.  But the bad news is that Brocade is being slapped around.  The stock is down 7% at $8.60 in after-hours trading.  As of 5:02 BRCD has also traded 2.8 million shares in the after-hours session alone.

JON OGG


Stock/Option Volume Alert in Toll Brothers (TOL)

Who said home builders won’t do well as an investment?  Toll Brothers Inc. (NYSE: TOL) is soaring on exponential trading volume today.  We have seen almost 5X volume in the stock as at 2:10 PM EST there have been 17.2 million shares versus less than 4 million on average.  The gain is to $21.10 and teh 52-week range is $13.55 to $24.30.  But here is the call options and put options trading for the NOV-2009 expiration:

CALL$    Volume    OpInt
$18.00    1,421    6,094
$19.00    2,849    7,896
$20.00    1,387    10,712
$21.00    3,210    12,640
$22.00    2,541    1,127
PUT$    Volume    OpInt
$20.00    3,781    5,840
$21.00    1,329    397

This is on heels of a Wells Fargo upgrade AND on its guidance that new contracts are up 42% and fourth quarter revenue will beat analyst estimates at $486.6 million.  To put this in perspective from a 2008, this is way above the $386+ million estimate from Thomson Reuters.  But it is also far south of a year ago’s $691 million in revenues for the same quarter.

JON OGG


EURO GOVT-Bunds trim losses, track rally in UK gilts - Reuters


EURO GOVT-Bunds trim losses, track rally in UK gilts
Reuters
... FGBLc1 hit a session high of 121.71 and were last at 121.67, down 5 ticks from Tuesday's settlement close but above levels seen in after-hours trading. ...

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Logitech Obtains Video Communication Contributor lifesize for $405M - TopNews Singapore


Logitech Obtains Video Communication Contributor lifesize for $405M
TopNews Singapore
At the same time, the shares of Logitech fall 3% to cents to $18.04 in after-hours trading following the acquisition announcement. ...

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MetroPCS Options Alert (PCS)

MetroPCS (NYSE: PCS)  traders continue to gamble on the potential of a takeover as implied volatility sits at 77%.  Today, 15,000 November $7.50 puts were closed and rolled into a bullish position with shares at $5.90.  The trader sold 15,000 February $5 puts and bought 15,000 February $7.50 calls for a 5 cent debit.

-Joe Kunkle, OptionsHawk.com


Activision posts 3Q profit, backs 2009 outlook (AP) - Ethio Planet News


Activision posts 3Q profit, backs 2009 outlook (AP)
Ethio Planet News
Its shares climbed 23 cents, or 2.1 percent, to $11 in after-hours trading. The company said Thursday its net income grew to $15 million, or a penny per ...

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Cold cash for Clearwire - istockAnalyst.com (press release)


Cold cash for Clearwire
istockAnalyst.com (press release)
... before the financial results were released. In after-hours trading, the stock slipped 9 cents to $7.16. The shares have risen 47 percent this year.

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A123 Revenues Ahead, Not Enough? (AONE)

A123 Systems, Inc. (NASDAQ: AONE) is trading down after it managed to beat revenue expectations last night at $23.6 million vs. $19.2 million estimates.  The recent electric car battery IPO has really cpome off of highs since the IPO hype was there.  The company tried to ease concerns about its relationship with Chrysler a week after the carmaker said it would dismantle its team working on electric vehicles and basically send those plans into Fiat. It also said it was in talks with 7 different auto makers.  Shares closed at $17.98 yesterday and are down over 3% at $17.36 on about 20,000 shares at 8:56 AM EST.


BEFORE THE BELL: US Stk Futures Higher After Fed Talk - Wall Street Journal


BEFORE THE BELL: US Stk Futures Higher After Fed Talk
Wall Street Journal
Shares rose 1.6% to $4.53 in after-hours trading. Luxury home-building company Toll Brothers reported sharply improved results for its fiscal fourth quarter ...

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Clearwire secures yet more funding - HEXUS


Clearwire secures yet more funding
HEXUS
... per cent since Intel and co made their initial investments, fell a further 3.5% to $7 in after-hours trading after rising 6.6% in the regular session. ...

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Nofs takes Senate seat - Battle Creek Enquirer


Nofs takes Senate seat
Battle Creek Enquirer
Ralcorp shares were down $1.37, or about 2.5 percent, in after-hours trading an hour after the report was announced. Medical Weight Loss Clinic, ...

and more »

Cotton Sales by India to Double on Demand From China, Pakistan - Bloomberg


Cotton Sales by India to Double on Demand From China, Pakistan
Bloomberg
Futures for December delivery gained 0.2 percent to 69.20 cents a pound at 9:17 am in after-hours trading in New York. Futures rose 2.1 percent yesterday, ...

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Asian Stocks, Currencies Rise on Japan, China Data; Gold Gains - Bloomberg


Asian Stocks, Currencies Rise on Japan, China Data; Gold Gains
Bloomberg
Gold futures in New York increased for an eighth-straight session today in after-hours trading, rising 0.5 percent to $1107.60 an ounce. ...

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Tuesday, November 10, 2009

Atmos posts 4Q loss on drop in natural gas prices - The Associated Press


Atmos posts 4Q loss on drop in natural gas prices
The Associated Press
Atmos shares gave up 73 cents, or 2.5 percent, to $28.51 in after-hours trading following the release of its earnings report. In the regular session, ...

and more »

Asian Stocks, Currencies Rise as Japan, China Beat Forecasts - Bloomberg


Asian Stocks, Currencies Rise as Japan, China Beat Forecasts
Bloomberg
Gold futures in New York increased for an eighth-straight session today in after-hours trading, rising 0.5 percent to $1107.60 an ounce. ...

and more »

Asian Stocks Advance as Japan Machinery Orders Beat Estimates - Bloomberg


Asian Stocks Advance as Japan Machinery Orders Beat Estimates
Bloomberg
Gold futures in New York increased for an eighth-straight session today in after- hours trading, rising 0.5 percent to $1107.60 an ounce. ...


BofA Blues for Top Job; Dodd Seeks Teeth for Reforms; Cautious on Recovery - International Business Times


BofA Blues for Top Job; Dodd Seeks Teeth for Reforms; Cautious on Recovery
International Business Times
... to drop 30 percent, but blew past Wall Street's expectations by nearly $100 million, and the company's shares rose 5.4 percent in after-hours trading. ...

and more »

Clearwire 3Q Loss Narrows, Secures Financing - EasyBourse.com


Clearwire 3Q Loss Narrows, Secures Financing
EasyBourse.com
Clearwire shares fell 1.4% to $7.15 in after-hours trading. The funding was originally reported by The Wall Street Journal. The investors each have a stake ...

and more »

Toll Brothers 4Q Results Up Sharply; Orders Top 2007 - Wall Street Journal


Toll Brothers 4Q Results Up Sharply; Orders Top 2007
Wall Street Journal
The news sent shares of the builder up 4.95% in after-hours trading to $19.30. "We have definitely progressed from one year ago," said Chairman and Chief ...

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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 »

AFTER THE BELL-MBIA shares tumble after results - Forbes


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


Options Alert in Terra-Agrium-CF Merger Saga (TRA, CF, AGU)

Terra Industries Inc. (NYSE: TRA) is seeing a lot of options action today with 17,164 calls trading as of 2:00 PM EST, and 45% offer side buying with shares at $35.65.  Interestingly enough, a trader bought 5,000 November $40 calls at 35 cents on a 25-40 spread, a bullish bias.  Another large buyer of December $39 calls came in around 1:20pm for 5,000 calls at the offer.  Implied volatility is gaining 7% today to 60% as holders are urged to reject CF Industries’ (NYSE: CF) latest takeover offer.  The current offer would give a value around $40 for Terra shares.  This is occurring as CF is busy rejecting Agrium’s (NYSE: AGU) raised takeover offer.  It appears the with this trading today we may get some clarity soon on the M&A saga, a possibly a bid Terra can not resist.

-Joe Kunkle, OptionsHawk.com


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 »

Entertainment Properties Slammed on Secondary (EPR)

Entertainment Properties Trust (NYSE: EPR) is getting hit after the company announced last night that plans to file a supplement to its shelf registration statement with the SEC for a public offering of 4,500,000 of common stock.  J.P. Morgan and RBC Capital Markets Corporation are the joint book running managers, with Citigroup, Barclays, KeyBanc Capital Markets, and FBR Capital Markets as co-managers.  We have not yet seen a pricing but this is supposed to be priced this morning and we have seen only 30,000 shares trade this morning but at a drop of 5.4% at $31.83. The 52-week range is $11.88 to $36.10.

JON OGG


Futures point to lower open on Wall Street - Reuters India


Futures point to lower open on Wall Street
Reuters India
O: Quote, Profile, Research) rose in after hours trading on Monday -- while those of nustarenergy (NS.N: Quote, Profile, Research) and MBIA (MBI. ...

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BEFORE THE BELL: US Stock Futures Slightly Lower - Wall Street Journal


BEFORE THE BELL: US Stock Futures Slightly Lower
Wall Street Journal
Wall Street applauded the results, sending Lions Gate's shares up 5.2% to $5.69 in after-hours trading. Electronic Arts Inc.'s (ERTS) fiscal second-quarter ...

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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 »

JA Solar Shining (JASO)

JA Solar Holdings Co. Ltd. (NASDAQ: JASO) managed to turn a profit as earnings were $17.3 million, or $0.10 EPS, compared to a loss a year ago of some $18 million or -$0.36 EPS.  Revenue was $193.3 million, but Thomson Reuters estimates were $0.03 EPS on $136.23 million in revenues.  This quarter was also JA Solar’s highest ever quarterly shipments.  Shares in JA Solar rose nearly 7 percent in pre-market trade to $4.40 per share.  Shares are up 7.5% at $4.43 on over 800,000 shares at 8:54 AM EST.  Average volume is 5.6 million shares and the 52-week trading range is $1.55 to $6.29.

JON OGG


Futures point to lower open on Wall Street - Reuters India


Futures point to lower open on Wall Street
Reuters India
O: Quote, Profile, Research) rose in after hours trading on Monday -- while those of nustarenergy (NS.N: Quote, Profile, Research) and MBIA (MBI. ...

and more »

BEFORE THE BELL: US Stock Futures Edge Back After Rally - Wall Street Journal


BEFORE THE BELL: US Stock Futures Edge Back After Rally
Wall Street Journal
Shares sank 16% to $4.03 in after-hours trading as the bond insurer posted its fifth quarterly loss in the past two years. Priceline.com's third-quarter ...

and more »

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 »

Futures point to lower open on Wall Street - Reuters


Futures point to lower open on Wall Street
Reuters
O) rose in after hours trading on Monday -- while those of NuStarEnergy (NS.N) and MBIA (MBI.N) fell -- after the companies released quarterly results. ...

and more »

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 »

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.

and more »