MarketWatch.com - Pre-Market Indications

Wednesday, August 13, 2008

Pre Market Trading Gap News

Gapping Down

In reaction to disappointing earnings/guidance: TWB -33.6% (also downgraded to Sell at Citigroup and downgraded to Underperform at Friedman Billings), PODD -14.5%, HQS -14.3% (light volume), SATC -10.9%, WCG -9.0%, DE -8.5%, CSIQ -7.8%, LIZ -7.0%, ERII -6.2%, SRX -5.4%, M -2.9%, CRME -2.0%… M&A news: CVS -3.9% (to acquire Longs Drug Stores for $71.50 per share)… Select airline/cruise-related stocks trading modestly lower: CUK -3.7%, CCL -3.0%, UAUA -2.9%, CAL -2.1%, AMR -1.6%, DAL -1.5%, LCC -1.5%… Select European financials trading lower following weakness overseas: RBS -5.4% (CBA pulls out of talks with RBS - Financial Times), LYG -4.5%, BCS -2.9%, UBS -2.3% (UBS chiefs knew of rule breaches - FT), DB -2.3%, HBC -1.7%… Other news: CAP -4.1% (prices offering of 2.25 mln common shares at $15.50/share), CBMX -3.4% (files for $100 mln common stock offering), BTI -1.8% (still checking)… Analyst comments: MDRX -5.5% (downgraded to Market Weight at Weisel), LVLT -3.5% (downgraded to Underperform at Oppenheimer), ARAY -3.1% (downgraded to Hold at Jefferies), FOSL -2.6% (removed from Focus List at Morgan Keegan), CCOI -2.1% (downgraded to Underperform at Oppenheimer), TJX -1.4% (downgraded to Hold at Lazard Capital), HLEX -1.2% (downgraded to Market Perform at BMO Capital Markets), CNSL -1.0% (downgraded to Neutral at Credit Suisse).

Gapping Up

In reaction to strong earnings/guidance: DISK +19.7%, LFT +10.8% (light volume), CFSG +9.9%, SORL +7.8%, SBLK +6.3% (light volume), BRCD +5.1%, NVDA +4.6%, CREE +4.3%, APEI +2.5%, DPS +2.5%, AMAT +2.3%, TOL +1.3%, SQM +1.0% (light volume)… M&A news: LDG +29.9% (CVS Caremark to acquire Longs Drug Stores for $71.50 per share)… Select metals/mining stocks modestly rebounding: AAUK +2.1%, HMY +1.8%, AUY +1.7%, GG +1.2%… Other news: RAD +8.6% (trading up in sympathy with LDG), MHGC +6.4% (Zabeel and Mubadala square up for Morgans hotels - Times of London), TS +2.7% (still checking), ASML +2.0% (still checking), HRB +1.2% (Ameriprise Financial to acquire H&R Block Financial Advisors for $315 mln).



If you found this article interesting please subscribe for updates with any reader or your email. This site is not monetized and 100 percent free. My only form of payment is my readers comments and subscriptions

No comments:

Post a Comment

Your spam will not get posted on my blog. No wizetrade spammers etc

Pre Market Movers - Futures Trading - Nasdaq - NYSE

Subscribe to "The $t0ckman" via email

Enter your email address:

Delivered by FeedBurner