MarketWatch.com - Pre-Market Indications

Monday, March 31, 2008

anst losing trade follow up

YouTube - st0ckman's Channel
losing trade follow up video:



Fed eyes Nordic-style nationalisation of US banks - Telegraph

By Ambrose Evans-Pritchard, International Business Editor

Last Updated: 2:58pm BST 31/03/2008

The US Federal Reserve is examining the Nordic bank nationalisations of the 1990s as a possible interim solution to the US financial crisis.

  • Hedge fund legends humbled by crisis
  • Read more of Ambrose Evans-Pritchard
  • The financial crisis in full
  • The US Federal Reserve
    The Fed has been criticised for its rescue of Bear Stearns, which critics say has degenerated into a taxpayer gift to rich bankers

    The Fed has been criticised for its rescue of Bear Stearns, which critics say has degenerated into a taxpayer gift to rich bankers.

    A senior official at one of the Scandinavian central banks told The Daily Telegraph that Fed strategists had stepped up contacts to learn how Norway, Sweden and Finland managed their traumatic crisis from 1991 to 1993, which brought the region's economy to its knees.

    It is understood that Fed vice-chairman Don Kohn remains very concerned by the depth of the US crisis and is eyeing the Nordic approach for contingency options.

    Scandinavia's bank rescue proved successful and is now a model for central bankers, unlike Japan's drawn-out response, where ailing banks were propped up in a half-public limbo for years.


    full article
    Fed eyes Nordic-style nationalisation of US banks - Telegraph

    ANST - Stock Quote for Ansoft Corp - MSN Money

    buy stop entered at 30.80

    ANST - Stock Quote for Ansoft Corp - MSN Money

    Pre Market Trading Gap News

    Gapping down in reaction to weak earnings/guidance: HRT -9.6%, CGRB -8.2%, ABAT -8.1%, PLL -4.6%...

    M&A news: ANSS -7.9% (signs definitive agreement to acquire Ansoft for implied value of $32.50/share)...

    Other news
    : MO -69.5% (following spin-off of 100% of the shares of Philip Morris International), SGP -21.8% (Doubt cast on 2 drugs used to lower cholesterol - NY Times; also downgraded by ,multiple analysts), TMA -14.5% (received extension of override agreement with some repo counterparties; Deadline now Monday 3/31), MRK -11.4% (says based on the recommendation of the Steering Committee for ACHIEVE, further patient enrollment in the study has been placed on hold; also Doubt cast on 2 drugs used to lower cholesterol - NY Times), CMCSK -5.6% (still checking), IBN -4.5% (closed -7.8% in India trading), GFI -4.2% (announced Chief Executive Officer Ian Cockerill has decided to step down)...

    Analyst downgrades
    : GU + -7.0% (downgraded to Mkt Perform at Piper Jaffray), TIBX + -5.1% (downgraded to Underperform at Jefferies), LYTS + -4.7% (downgraded to Hold at Needham), VOD + -3.7% (downgraded to Underweight at Morgan Stanley), SCUR + -3.1% (downgraded to Sell at Deutsche Bank), PEIX + -3.1% (downgraded to Underperform from Market Perform at Raymond James).


    Gapping up in reaction to strong earnings/guidance
    : SVA +31.1%, CALM +8.4%, CDS +7.9%... M&A news: ANST +32.4% (to be acquired by ANSYS for $30.29/share in cash and stock), GILT +4.4% (to be acquired for $11.40/share in cash by an American and Israeli investment group)...

    Select European financial names showing strength: UBS +2.8% (could ask for more capital at annual meeting - WSJ), BCS +1.4%, HBC +1.4%, CS +1.2%...

    Other news
    : IACI +6.9% (judge rules for IACI in Liberty dispute), ASTI +6.2% (announces that the co has achieved its Q108 manufacturing milestone of Initial Operating Capability on its 1.5 megawatt production line), ALNY +5.5% (forms new agreement with Tekmira related to the planned Tekmira-Protiva business combination), MXWL +5.1% (modestly rebounding following Friday's 20%+decline), NE +4.3% (adds $4.0 bln in prospective rev backlog from five deepwater rigs in Brazil), SOL +3.4% (modestly rebounding following Friday's ~10% decline), EPD +2.8% (Cramer makes positive comments on MadMoney), AMAG +2.1% (Cramer makes positive comments on MadMoney), CRXL +2.0% (announces that its rabies monoclonal antibody combination has entered a Phase II clinical trial in the US), TXT +2.0% (receives $10.4 bln multi-year V-22 Osprey contract), MEDX +1.3% (announces that it will receive a milestone payment for an undisclosed amount from its licensing partner, Novo Nordisk A/S), BSX +1.1% (TAXUS Express stent shows similarly low re-intervention rates in diabetic patients compared to non-diabetics in ARRIVE 1 and 2 registries)... Analyst upgrades: IRM +3.4% (upgraded to Buy from Neutral at Merrill), OPLK +1.0% (upgraded to Neutral at Merriman), MOD +1.0% (upgraded to Neutral at Baird).
    Wall St. Warrior: Pre-Market

    Trade alert Anst short, gap fade

    short anst around 30 - 30.20/share
    this is not a recommendation for you to trade on. the trade is high risk and for information and education only.
    @9:05 am est
    give youtube time to upload

    NYSE Arca Pre Market Trading

    NYSE Arca Morning Update for Monday, Mar 31, 2008 :


    Stocks trading on NYSE Arca at a price more than 15% away from the previous trade day's consolidated close price. (As of 08:30:00 ET)

    Stock
    Friday's Close Current Price Pct Chng Current NYSE Arca Vol
    MO

    $73.80

    $22.60

    ( 69%)

    19,786

    ANST

    $23.42

    $30.55

    30%

    26,000

    SGP

    $19.47

    $14.85

    ( 24%)

    1,616,804

    10 Most Active stocks on NYSE Arca as of 08:30:00 ET

    Based on Dollar Volume: Based on Share Volume:
    Stock
    Dollar Volume
    SPY
    $65,510,665
    SGP
    $25,178,280
    MRK
    $21,076,020
    QQQQ
    $9,088,137
    UBS
    $5,581,043
    AZN
    $4,453,174
    AAPL
    $3,089,168
    SKF
    $2,166,142
    RDS.A
    $1,908,031
    EWY
    $1,656,115
    Stock
    Share Volume
    SGP
    1,616,804
    MRK
    528,786
    SPY
    497,913
    TMA
    315,124
    QQQQ
    207,824
    UBS
    196,370
    AZN
    119,000
    GFI
    47,700
    CTIC
    37,600
    SIRI
    32,000


    NYSE Arca Morning Update

    Pre Market Trading Gaps

    Gapping up:

    ANST +32.37%, BSX +15.0%, CALM +8.4%, IACI +6.9%, MXWL +5.1%, SOL +4.2%, EPD +2.8%, UBS +2.3%, AMAG +2.1%, TXT +2.0%, MEDX +1.3%...

    Gapping down:

    MO -69.5% (following spin-off of Philip Morris International), HRT -40.9%, SGP -19.1%, TMA -18.2%, MRK -5.6%, PLL -4.6%, VOD -3.7%, MF -2.6%, CCU -2.4%, RZ -1.8%.

    Ansys to acquire Ansoft for $832 million- cash and stock

    NEW YORK, March 31 (Reuters) - Engineering simulation software maker Ansys Inc (ANSS.O: Quote, Profile, Research) said on Monday that it would acquire Ansoft Corp (ANST.O: Quote, Profile, Research) for about $832 million in cash and stock to broaden its simulation capabilities.

    Ansys expects the deal, which the boards of both companies have unanimously approved, to modestly boost its earnings in the first full year of combined operations.

    The deals calls for the exchange of each Ansoft share for $16.25 in cash and 0.431882 common shares of Ansys. That implies a purchase price of $32.50 per share, the companies said in a statement.

    Shares of Ansoft closed at $23.42 in Friday Nasdaq trade.



    UPDATE 1-Ansys to acquire Ansoft for $832 million | Markets | Markets News | Reuters

    Pre-Market Most Active Stocks - NASDAQ Premarket

    NASDAQ - Pre-Market Ten Most Advanced

    Active Share Volume Declined

    Symbol

    Company Name

    Market
    Close
    Last Sale (Pre-Market) % Change
    (Pre-Market)
    Share
    Volume

    (Pre-Market)

    Ansoft Corporation
    $23.42 $30.55 30.44% 26,000

    Cal-Maine Foods, Inc.
    $37.83 $42.26 11.71% 40,355

    Gilat Satellite Networks Ltd.
    $10.44 $10.90 4.41% 3,900

    Sirius Satellite Radio Inc.
    $2.80 $2.86 2.14% 19,135

    Rick's Cabaret International, Inc.
    $25 $25.50 2.00% 10,850

    Randgold Resources Limited
    $46.89 $47.70 1.73% 4,376

    SanDisk Corporation
    $21.26 $21.52 1.22% 5,100

    Research in Motion Limited
    $115.34 $116.60 1.09% 12,010

    Oplink Communications, Inc.
    $8.65 $8.74 1.04% 3,919

    PowerShares QQQ Trust, Series 1
    $43.49 $43.77 0.64% 1,822,811

    As of 3/31/2008 8:10:33 AM

    NASDAQ - Pre-Market Ten Most Declined

    Active Share Volume Advanced

    Symbol

    Company Name

    Market
    Close
    Last Sale (Pre-Market) % Change
    (Pre-Market)
    Share
    Volume

    (Pre-Market)

    Secure Computing Corporation
    $7.02 $6.70 4.56% 3,610

    Level 3 Communications, Inc.
    $2.13 $2.10 1.41% 5,000

    E*TRADE Financial Corporation
    $3.74 $3.70 1.07% 7,150

    Perrigo Company
    $37.53 $37.27 0.69% 4,846

    Yahoo! Inc.
    $28.99 $28.79 0.69% 6,600

    As of 3/31/2008 8:10:42 AM


    Pre-Market Most Active Stocks - NASDAQ Premarket

    Pre Market Movers - Futures Trading - Nasdaq - NYSE

    Subscribe to "The $t0ckman" via email

    Enter your email address:

    Delivered by FeedBurner