Monday, October 12, 2009

Macau Regulatory Risks (WYNN, LVS, MPEL)

Full coverage is over at 24/7 Wall St. of news affecting Macau casino stocks.  The good news is that these have all bounced some from lows, but these are all still lower and on active volume.

Wynn Resorts Ltd. (NASDAQ: WYNN) is down almost 3% at $65.90 on 5.9 million shares versus and average volume of about 4.9 million shares.

Las Vegas Sands Corp. (NYSE: LVS) is now down 3% at $17.50 on 39.5 million shares versus an average daily volume of about 45 million shares.

Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is down 4.6% at $6.84 on 6.2 million shares versus average volume of 6.6 million shares.

JON C. OGG
1:50 PM EST


Pre-Market Round-Up for October 12, 2009 - Sumfolio.com


Pre-Market Round-Up for October 12, 2009
Sumfolio.com
Oil-Dri Corporation of America (ODC: 15.62 0.00%) â€" Shares of the sorbent product-maker rose more than 6% in after-hours trading last week after reporting ...


Pre-Market Round-Up for October 12, 2009 - Sumfolio.com


Pre-Market Round-Up for October 12, 2009
Sumfolio.com
Oil-Dri Corporation of America (ODC: 15.62 0.00%) â€" Shares of the sorbent product-maker rose more than 6% in after-hours trading last week after reporting ...


KB Home Hit by SEC Issues (KBH, XHB)

KB Home (NYSE: KBH) is being hit after the company disclosed in an SEC filing that the Securities and Exchange Commission is investigating its accounting and disclosure practices.  We show shares down over 5% at $15.60 as of 8:46 AM EST after closing at $16.46 Friday.  The 52-week trading range is $6.90 to $20.70 and average volume is over 4 million shares.  Volume is likely to increase substantially after the specialist frees up more shares.   While this is stock-specific and not a sectorwide issue that we can tell yet, we’d look at tickers LEN, RYL, DHI, TOL, PHM, MDC, and others.  The SPDR S&P Homebuilders (NYSE: XHB) is teh ETF that follows homebuilder stocks.  JON C. OGG


India's Rupee Weakens for a Second Day as Importers Buy Dollars - Bloomberg


India's Rupee Weakens for a Second Day as Importers Buy Dollars
Bloomberg
Crude oil rose as much as 1.9 percent to a three-week high of $73.13 per barrel in after-hours trading on the New York Mercantile Exchange. ...

and more »

Asian stock markets gain on growth hopes - Business Mirror


Asian stock markets gain on growth hopes
Business Mirror
... recovers from its deepest recession since World War II. Oil for November delivery climbed as much as 1.1 percent to $72.56 a barrel in after-hours trading.

and more »

Rupee weakens most in 4 weeks - India Infoline.com


Rupee weakens most in 4 weeks
India Infoline.com
Crude oil rose around 1% to a three-week high of US$72.56 per barrel in after-hours trading on the New York Mercantile Exchange. India imports more than 70% ...

and more »

LG Electronics Files Lawsuit Against Whirlpool: WSJ - Update - RTT News


LG Electronics Files Lawsuit Against Whirlpool: WSJ - Update
RTT News
WHR closed Friday's regular trading session at $70.50, up $0.89 or 1.28%, on volume of 894 thousand shares. In the after-hours trading shares fell $0.89 or ...

and more »

Sunday, October 11, 2009

Most Asian Stock Markets Gain on Growth Hopes; Cavalier Rises - Bloomberg


Most Asian Stock Markets Gain on Growth Hopes; Cavalier Rises
Bloomberg
Oil for November delivery climbed as much as 1.1 percent to $72.56 a barrel in after-hours trading. Woodside Petroleum Ltd., Australia's second-largest oil ...

and more »

SEC Adds to KB Home's Troubles - Wall Street Journal


SEC Adds to KB Home's Troubles
Wall Street Journal
Shares of KB Home were down 2.8% to $16.00 in after-hours trading Friday. This copy is for your personal, non-commercial use only. ...

and more »

Yum Brands' Q3 profit beats forecasts, up 18 pct - WJLA


Yum Brands' Q3 profit beats forecasts, up 18 pct
WJLA
... previous forecast of $2.10 per share. Its shares climbed 39 cents to $35.25 in after-hours trading Tuesday after closing at $34.86 during regular trading.

and more »

Investigation Adds to KB Home's Troubles - Wall Street Journal


Investigation Adds to KB Home's Troubles
Wall Street Journal
Shares of KB Home were down 2.8% to $16.00 in after-hours trading Friday. This copy is for your personal, non-commercial use only. ...

and more »

Yum Brands' Q3 profit beats forecasts, up 18 pct - WJLA


Yum Brands' Q3 profit beats forecasts, up 18 pct
WJLA
... previous forecast of $2.10 per share. Its shares climbed 39 cents to $35.25 in after-hours trading Tuesday after closing at $34.86 during regular trading.

and more »

Saturday, October 10, 2009

SEC investigating builder KB Home - MarketWatch


SEC investigating builder KB Home
MarketWatch
... declined to comment beyond the filing. The SEC also declined to comment. Shares of KB Home were down 2.5% to $16.05 in after-hours trading.

and more »

B. of A.'s Krawcheck, Linsz join BlackRock's board - MarketWatch


B. of A.'s Krawcheck, Linsz join BlackRock's board
MarketWatch
... 10 of whom aren't affiliated with the company. BlackRock's shares slid 0.4% to $215.71 in after-hours trading while BofA's shares fell 2 cents to $17.48.

and more »

BofA CEO out by year's end, search on for successor - Alibaba News Channel


BofA CEO out by year's end, search on for successor
Alibaba News Channel
... the Merrill Lynch deal was announced on September 15, 2008, the same day Lehman Brothers declared bankruptcy, were up 2 percent in after-hours trading. ...

and more »

BofA CEO out by year's end, search on for successor - Alibaba News Channel


BofA CEO out by year's end, search on for successor
Alibaba News Channel
... since the announcement of its takeover of Merrill Lynch, the same morning Lehman Brothers declared bankruptcy, gained 2 percent in after-hours trading. ...

and more »

Asian stocks advance as chip prices rise; utilities decline - Tehran Times


Asian stocks advance as chip prices rise; utilities decline
Tehran Times
Bullion lost 0.8 percent in after-hours trading today. A measure of six metals traded on the London Metal Exchange, including copper and zinc, ...


Friday, October 9, 2009

SEC Investigating Builder KB Home - EasyBourse.com


SEC Investigating Builder KB Home
EasyBourse.com
... declined to comment beyond the filing. The SEC also declined to comment. Shares of KB Home were down 2.5% to $16.05 in after-hours trading.

and more »

GM, General Dynamics JV Gets $646.9M Stryker Pact - Wall Street Journal


GM, General Dynamics JV Gets $646.9M Stryker Pact
Wall Street Journal
... 2988 Strykers have been built. General Dynamics' shares rose 1.3% to $67 in after-hours trading. The stock has gained 9% in the past year.

and more »