Tuesday, December 22, 2009

Micron, Red Hat on late traders' screens - Middle East North Africa Financial Network


Micron, Red Hat on late traders' screens
Middle East North Africa Financial Network
... SAN FRANCISCO (MarketWatch) -- Quarterly results from Micron Technology and Red Hat Inc. are slated to highlight Tuesday's after-hours trading session. ...


Take-Two, or Drop-Four? (TTWO)

Take-Two Interactive Software Inc. (NASDAQ: TTWO) is still trading lower after the company announced the sale of the “Jack of all Games” brand.  This in turn had Take-Two adjust its guidance lower.  Shares are down 4.3% at $9.02 on about 20,000 shares as of 8:47 AM EST.

JON C. OGG


Wall Street In Rally Mode Ahead Of Data - RTT News


RTT News

Wall Street In Rally Mode Ahead Of Data
RTT News
Following the news, the company's shares gained more than 3% in after-hours trading. Oil Light sweet crude oil price for February delivery is presently ...

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US stock futures signal more gains; eyes on data - Reuters


US stock futures signal more gains; eyes on data
Reuters
N) for $43.3 million, and slashed its forecasts for fiscal 2010 as a result, sending its shares down 5 percent in after-hours trading. ...

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Navistar swings to fiscal 4Q profit - BusinessWeek


Navistar swings to fiscal 4Q profit
BusinessWeek
Its shares rose $1.17, or 3.3 percent, to $36.68 in after-hours trading, after finishing up 33 cents in the regular session to close at $35.51.

and more »

Stock futures signal more gains; eyes on data - Reuters


Reuters

Stock futures signal more gains; eyes on data
Reuters
... to Synnex Corp for $43.3 million, and slashed its forecasts for fiscal 2010 as a result, sending its shares down 5 percent in after-hours trading. ...

and more »

Navistar swings to fiscal 4Q profit - BusinessWeek


Navistar swings to fiscal 4Q profit
BusinessWeek
Its shares rose $1.17, or 3.3 percent, to $36.68 in after-hours trading, after finishing up 33 cents in the regular session to close at $35.51.

and more »

Monday, December 21, 2009

Navistar swings to fiscal 4Q profit - BusinessWeek


Navistar swings to fiscal 4Q profit
BusinessWeek
Its shares rose $1.17, or 3.3 percent, to $36.68 in after-hours trading, after finishing up 33 cents in the regular session to close at $35.51.

and more »

AFTER THE BELL-Electronic Arts drops after Take Two news - Interactive Investor


AFTER THE BELL-Electronic Arts drops after Take Two news
Interactive Investor
Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. ...

and more »

Eagle Rock Energy to sell minerals unit - The Associated Press


Eagle Rock Energy to sell minerals unit
The Associated Press
Shares of Eagle Rock closed up 46 cents, or 10.2 percent, to $4.96 and rose an additional 7 cents in after-hours trading.

and more »

Fitch Raises Outlook on Prudential to Stable - ABC News


Fitch Raises Outlook on Prudential to Stable
ABC News
Shares of Prudential slipped 23 cents to $50.40 in after-hours trading, after climbing 71 cents to $50.63 during the regular session.


Micron Tech Elevated Options Trading (MU)

Micron Technology Inc. (NYSE: MU) is a chaser stock today with teh stock at fresh 52-week highs.  There is options activity in the stock, some of which may be roll-out activity as this is the first day without the DEC-2009 options any longer, and some is chasing the gains elsewhere in tech and chips after an Intel upgrade.  There are some probably using the “buyout rumor” out there, although we would caution on that in the case of Micron.  If a giant wanted to buy it, it could have been done far cheaper when times were tougher.  At 1:11 PM EST we have shares up 5.7% at $9.29 on 21.6 million shares.  Average volume is 25.6 million shares and the 52-week trading range is 2.12 to $9.28 (now).  Here is the options trading in the name (C-Call; P-Put):

JAN$    Volume    OpInt.
7.50C    9,173    70,261
9.00C    4,227    37,245
10.00C    11,540    18,062
JAN$    Volume    OpInt.
9.00P    12,739    3,156
APRIL$    Volume    OpInt.
8.00C    8,327    14,237
9.00C    409    4,375
10.00C    8,321    4,305

JON C. OGG
DECEMBER 21, 2009


Take-Two shares jump on Icahn stake - GamesIndustry.biz


Take-Two shares jump on Icahn stake
GamesIndustry.biz
... with his 11 per cent stake, as stock went up from USD 8.25 to close at USD 9.01 - with a further 1.4 per cent increase in after hours trading. ...

and more »

Zacks Bull and Bear of the Day Highlights: Statoil ASA, The St. Joe Company ... - Benzinga


Zacks Bull and Bear of the Day Highlights: Statoil ASA, The St. Joe Company ...
Benzinga
... and soared 59.4% from 69 cents delivered in the prior-year quarter, resulting in more than a 12% jump in the stock in after-hours trading yesterday. ...

and more »

Palm Recovers, Some (PALM)

Palm Inc. (NASDAQ: PALM) is trading higher this morning but already off the pre-market highs.  The troubled smartphone maker was upgraded to Hold from Sell at Morgan Joseph this morning after last week’s sell-off based on valuation.  After hitting under $10 briefly on Friday, the firm believes that it is discounting guidance and targets.  It also noted that the risk-reward no longer favors the short sellers.  At 8:55 AM EST we have shares trading up over 1% at $10.28 on 151,000 shares. There is a monster short interest here in Palm.

JON OGG


Zacks Bull and Bear of the Day Highlights: Statoil ASA, The St. Joe Company ... - Benzinga


Zacks Bull and Bear of the Day Highlights: Statoil ASA, The St. Joe Company ...
Benzinga
... and soared 59.4% from 69 cents delivered in the prior-year quarter, resulting in more than a 12% jump in the stock in after-hours trading yesterday. ...

and more »

Postash, Mosaic, and MOO Love Goldman Sachs (POT, MOS, MOO)

Potash Corp. (NYSE: POT) is trading higher this morning after Goldman Sachs raised the potash maker to the Conviction Buy List to take advantage of a sharp sell off in fertilizer stocks last week.  Mosaic Co. (NYSE: MOS) was also raised to Buy from Neutral.  Goldman Sachs’ view of a fundamental demand recovery in potash in 2010 remains unchanged and it sees that weak 2010 potash pricing is discounted into the price of the stocks.  The weakness in the past week and the comments that were bullish from the same sources responsible for negative sentiment were ignored.

Mosaic shares are up 3.5% at $57.18 on 33,000 shares as of 8:48 AM EST and Potash Corp. (NYSE: POT) shares are up 3% at $108.15 on 66,000 shares.

We would keep an eye on the MOO this morning.  The Market Vectors Agribusiness ETF (NYSE: MOO) is u only 1%, but this is the agriculture ETF and these two stocks alone account for over 15.5% of the entire weighting of that ETF.

JON OGG


Sunday, December 20, 2009

Oracle posts surprise sales rise, shares up - Financial News USA (press release)


Oracle posts surprise sales rise, shares up
Financial News USA (press release)
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...


METALS-Shanghai copper to open steady as dollar slips - Reuters India


METALS-Shanghai copper to open steady as dollar slips
Reuters India
LME copper pushed higher to $6898 in after-hours trading. * When Shanghai closed on Friday, LME copper stood at $6910 a tonne. * LME aluminium stocks hit a ...


Oracle posts surprise sales rise, shares up - Financial News USA (press release)


Oracle posts surprise sales rise, shares up
Financial News USA (press release)
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...


Oracle posts surprise sales rise, shares up - Financial News USA (press release)


Oracle posts surprise sales rise, shares up
Financial News USA (press release)
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...


Oracle posts surprise sales rise, shares up - Financial News USA (press release)


Oracle posts surprise sales rise, shares up
Financial News USA (press release)
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...


Saturday, December 19, 2009

Delta, American Airlines Cancel Flights in Northeast (DAL,AMR) - Trading Markets (press release)


Delta, American Airlines Cancel Flights in Northeast (DAL,AMR)
Trading Markets (press release)
Delta Air Lines shares are down 1% in after hours trading on the news. SmarTrend analyzes over 5000 securities simultaneously throughout the trading day and ...

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Delta, American Airlines Cancel Flights in Northeast (DAL,AMR) - FOXBusiness


Delta, American Airlines Cancel Flights in Northeast (DAL,AMR)
FOXBusiness
Delta Air Lines shares are down 1% in after hours trading on the news. SmarTrend analyzes over 5000 securities simultaneously throughout the trading day and ...

and more »

Delta, American Airlines Cancel Flights in Northeast (DAL,AMR) - Trading Markets (press release)


Delta, American Airlines Cancel Flights in Northeast (DAL,AMR)
Trading Markets (press release)
Delta Air Lines shares are down 1% in after hours trading on the news. SmarTrend analyzes over 5000 securities simultaneously throughout the trading day and ...

and more »

Kforce suspended from federal government work - The Associated Press


Kforce suspended from federal government work
The Associated Press
... with the federal agency and wants to find a prompt resolution. Shares of Kforce fell 58 cents, or more 4 percent, to $13.67 in after-hours trading Friday.

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Google Takes On France In he Courtroom - Benzinga


Google Takes On France In he Courtroom
Benzinga
... Google shares were untouched, gaining 2.48 to close at 596.42 Friday afternoon. Google closed down 1.2 points at 595.22 in after-hours trading.

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Friday, December 18, 2009

Kforce suspended from federal government work - The Associated Press


Kforce suspended from federal government work
The Associated Press
... with the federal agency and wants to find a prompt resolution. Shares of Kforce fell 58 cents, or more 4 percent, to $13.67 in after-hours trading Friday.

and more »

Kforce suspended from federal government work - The Associated Press


Kforce suspended from federal government work
The Associated Press
... with the federal agency and wants to find a prompt resolution. Shares of Kforce fell 58 cents, or more 4 percent, to $13.67 in after-hours trading Friday.

and more »

US HOT STOCKS: Omega Navigation Active In Late Trading - Wall Street Journal


US HOT STOCKS: Omega Navigation Active In Late Trading
Wall Street Journal
Shares of Omega were up 6.2% at $2.90 in after-hours trading. Take-Two Interactive Software Inc.'s (TTWO, $9.01, +$0.76, +9.21%) fiscal fourth-quarter loss ...

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Centocor's $1.67B Court Win Versus Abbott Upheld - Wall Street Journal


Centocor's $1.67B Court Win Versus Abbott Upheld
Wall Street Journal
... remains confident that we will prevail on appeal." J&J shares were flat at $64.37 in after-hours trading, while Abbott shares were also unchanged at $53.34.

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Falling oil and gold prices drag down TSX - Vancouver Sun


Falling oil and gold prices drag down TSX
Vancouver Sun
In after-hours trading, Research in Motion Ltd.'s shares climbed more than 12 per cent, on its better-than-expected earnings report announced after the ...

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LDK Weakness Prevails on ‘Going Concern’ (LDK)

LDK Solar Co. Ltd. (NYSE: LDK) is seeing a lot of action this pre-market Friday.  At 8:43 AM EST we have shares trading down another 7.4% at $7.27 on over 1 million shares.  This one already fell from $9.20 on Wednesday’s close as a securities sale yesterday sent shares south on a whopping 17.49 million shares.  The stock had been indicated down 10% earlier, but the one phrase that kept coming to mind yesterday from its own news dissemination was awful: the “going concern” disclosure.

The company’s fresh filing states:  Offering 16,520,000 ADSs instead of 18,900,000 ADSs in this offering; net proceeds from this offering are expected to be approximately $108.1 million and LDK’s total capitalization and the dilution effect will change accordingly. Net proceeds are for the following:

  • approximately $90.0 million of the net proceeds to pay down short-term debt at interest rates between 5.00% and 6.00% per year;
  • to fund polysilicon production plant and the expansion of solar module business and for general corporate purposes.

JON C. OGG


CA-BUSINESS Summary - ReportonBusiness.com


CA-BUSINESS Summary
ReportonBusiness.com
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...


Stock Futures Climb. Stocks to Watch: AAPL, BA, NKE, ORCL, PALM, and RIMM - TradersHuddle.com


Stock Futures Climb. Stocks to Watch: AAPL, BA, NKE, ORCL, PALM, and RIMM
TradersHuddle.com
Oracle shares surged up to 5% in after hours trading after the report showed an increase in sales of its computer programs, which was surprisingly good news ...

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Palm's awful quarter in sad contrast to a buoyant Q3 at RIM - Rethink Wireless


Palm's awful quarter in sad contrast to a buoyant Q3 at RIM
Rethink Wireless
Palm's shares fell more than 6% in after-hours trading as it reported losses (after paying preferred dividends) of $85.4m or 54 cents per share for its Q2, ...

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US-BUSINESS Summary - Washington Post


US-BUSINESS Summary
Washington Post
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...

and more »

Stocks Fall on Bank Rules as Yen, Australian Default Swaps Rise - Bloomberg


Stocks Fall on Bank Rules as Yen, Australian Default Swaps Rise
Bloomberg
Oracle rose 5.1 percent and Research in Motion jumped 12 percent in after-hours trading. The US benchmark index sank 1.2 percent in New York yesterday, ...

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CA-BUSINESS Summary - ReportonBusiness.com


CA-BUSINESS Summary
ReportonBusiness.com
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...

and more »

Thursday, December 17, 2009

Paul Kangas' Stocks in the News - Nightly Business Report


Paul Kangas' Stocks in the News
Nightly Business Report
Research in Motion (RIMM) off $1.21, but as you heard, third quarter earnings nicely higher and in after hours trading, RIMM stock was trading above $71 a ...


CA-BUSINESS Summary - ReportonBusiness.com


CA-BUSINESS Summary
ReportonBusiness.com
... top technology company said it shipped a record-breaking 10 million smartphones, sending its shares surging 12.1 percent in after-hours trading. ...

and more »

Quiksilver's 4Q loss widens on charge, slow sales - BusinessWeek


Quiksilver's 4Q loss widens on charge, slow sales
BusinessWeek
... were issued after the market closed Thursday. Its shares closed down 1 cent to $1.69. The price fell 1 cent to $1.68 a share in after-hours trading.

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Palm Smartphone Sales Slip as It Struggles to Turn Around - New York Times


Palm Smartphone Sales Slip as It Struggles to Turn Around
New York Times
Investors appeared to react negatively to the news, with shares declining more than 8 percent in after-hours trading. Shaw Wu, an analyst with Kaufman ...

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Thermo Fisher Scientific Announces Final Purchase Price for Cash Tender Offer ... - American Chronicle


Thermo Fisher Scientific Announces Final Purchase Price for Cash Tender Offer ...
American Chronicle
The Daily VWAP for each trading day during the 21-day averaging period was determined without regard to after hours trading or any other trading outside of ...


Business Highlights - Air America


Business Highlights
Air America
Shares surged more than 12 percent in after-hours trading as the company beat analyst expectations. The Canadian smart phone manufacturer said Thursday that ...

and more »

RIMM, PALM, AAPL, GOOG, PIR, NKE Stk Futures Mixed Before the Bell - Ub News


RIMM, PALM, AAPL, GOOG, PIR, NKE Stk Futures Mixed Before the Bell
Ub News
NIKE, Inc. (NYSE:NKE, $64.05, -$0.30, -0.47%) jumped 0.09 percent to $64.11 on Wednesday's after hours trading session, while on Wednesday, ...


RIMM, PALM, AAPL, GOOG, PIR, NKE Stk Futures Mixed Before the Bell - Ub News


RIMM, PALM, AAPL, GOOG, PIR, NKE Stk Futures Mixed Before the Bell
Ub News
NIKE, Inc. (NYSE:NKE, $64.05, -$0.30, -0.47%) jumped 0.09 percent to $64.11 on Wednesday's after hours trading session, while on Wednesday, ...


BEFORE THE BELL: US Stock Futures Lower On Post-Fed Hangover - Wall Street Journal


BEFORE THE BELL: US Stock Futures Lower On Post-Fed Hangover
Wall Street Journal
But shares fell 1.3% to $19.72 in after-hours trading as ABM predicted fiscal-year earnings below Wall Street's expectations. Coca-Cola Enterprises (CCE) ...

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Citi Down At Pricing Level (C)

Citigroup Inc. (NYSE: C) has already traded 650 million shares as of 8:49 AM EST and shares are down at $3.15, right where the largest offering in US capital markets history priced.  We have already seen one $3 target this morning from an analyst and Dick Bove of Rochdale called this “terrible” last night on CNBC.  Unfortunately there is nothing more to say other than that this will create a monster trading day in volume and 1 billion shares by the opening bell looks possible.  Citi better hope that this does not close under the $3.15 mark as a busted deal.  Also, there is one likely saving grace at least at the end of the day: S&P index funds will have to add to Citi weightings as a result of this offering pricing.

JON OGG


Treasury backs out of plans to sell Citi stake - The Associated Press


Treasury backs out of plans to sell Citi stake
The Associated Press
Citigroup's shares dropped 24 cents, or nearly 7 percent, to $3.21 in after-hours trading after closing at $3.45. The discount reflected investors' ...

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In brief: Federal Reserve signals interest rates will stay low - The Spokesman Review


In brief: Federal Reserve signals interest rates will stay low
The Spokesman Review
Citi shares dropped on heavy volume in after-hours trading Wednesday. Citi said it raised roughly $20.5 billion selling new common stock and tangible equity ...

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Price Up on Volume: Tibco, NVIDIA and Hovnanian (NASDAQ: TIBX),(NASDAQ: NVDA ... - WallStNation.com


Price Up on Volume: Tibco, NVIDIA and Hovnanian (NASDAQ: TIBX),(NASDAQ: NVDA ...
WallStNation.com
After hours trading saw the stock keep share price equal to the close of $8.67 while an additional 113k shares traded hands. Also gapping up Wednesday was ...


Punch Taverns shareholders vote against executive pay report - TopNews United Kingdom (blog)


TopNews United Kingdom (blog)

Punch Taverns shareholders vote against executive pay report
TopNews United Kingdom (blog)
... news on the horizon and we're being necessarily cautious.” In the after-hours trading, shares in Punch Taverns slipped 5 per cent to close at 77p-a-share.

and more  ;»