- Pre-Market Indications

Tuesday, August 19, 2008

Pre Market Trading Gap News

Gapping Down

In reaction to disappointing earnings/guidance: CNTF -26.7%, SOL -3.6%…

Select mortgage/financial names trading lower: FMD -7.6%, AIB -4.3%, ABK -3.9%, WB -3.3%, AXA -2.9%, LEH -2.8% (WSJ reports LEH fiscal third quarter, which closes at the end of this month, has turned ugly and the bank is racing to get deals done before the period ends), HBC -2.6%, FNM -2.1%, UBS -2.1%, ING -2.1%, DB -2.0%, AIG -1.5%…

Select cruise-related names showing weakness: CUK -2.3%, CCL -2.3%, RCL -0.8%…

Other news: SPLS -7.4% (details Corporate Express integration plans and announces preliminary second quarter performance), LVS -4.8% and MGM -4.1% (still checking), ABMD -4.0% (announces a 2.41 mln share common stock secondary offering).

Gapping Up

In reaction to strong earnings/guidance: ANTP +13.9%, XFML +13.6%, MDT +2.0%…

M&A news: NMX +1.7% and CME +1.1% (CME Group confirms shareholders and NYMEX shareholders and Class A Members approve acquisition)…

Other news: WCG +20.9% (enters into material definitive agreement; co to pay $35.2 mln to U.S. Attorney’s Office), FMR +3.9% (announces share repurchase program to acquire Up to 1.5 mln shares), HNP +2.6% (Chinese power producers’ shares rise on tariff speculation -, ELN +2.2% (still checking)…

Analyst comments: MA +1.0% (upgraded to Buy at Goldman - DJ).

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