MarketWatch.com - Pre-Market Indications

Monday, April 7, 2008

Go in for a pain shot, come out with staph infection

The Florida Department of Health is waiting on the results of lab tests to determine what caused an outbreak of staph infections among 12 people treated at a Tallahassee pain clinic.

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Officials from the Leon County Health Department, who have been tracking the cases, say they are not MRSA, the drug-resistant form of staph bacteria. Four other patients were hospitalized for observations but were not confirmed as having staph infections, said Page Jolly, spokesperson for the Leon County Health Department.

Infectious disease specialists who inspected the Pain Institute of North Florida ruled out skin contact or unsanitary equipment as a cause, said Dr. George Arcos, who runs the institute, and the main focus of the investigation is a batch of medicine that was likely contaminated.

Lab results are expected to arrive early next week, said Page Jolly, a spokesperson for the Leon County Health Department.

Sue Dooling, 64, of Bainbridge, Ga., was one of those infected.

After getting an injection about two weeks ago at the Pain Institute of North Florida, Dooling said she felt some relief from her severe back pain. But then Dooling started experiencing severe pain on her left side. She began hallucinating, and pretty soon she couldn't recognize her own children. She'd scream when touched because the pain was so great.

"Touching my skin would feel like the meat was being pulled away from the bone," she said.

Staff from the Pain Institute called her and her husband and told her to get a blood culture and to report to the emergency room at Capital Regional Medical Center, Dooling said.

She was diagnosed with a staph infection and began treatment with antibiotics immediately, her husband, Jerry Dooling, said. By Wednesday, a week and a half after checking into the hospital on March 24, she was feeling much better and asking to go home. She said she was pleased with the care she received from Arcos, and didn't feel he was at fault for the infection.

Seventeen people were hospitalized for observation or treatment in connection with the staph outbreak, and the Leon County Health Department is asking anyone who received injections from the institute between March 1 and March 21

Tainted meds suspected in Tallahassee staph infection outbreak | tallahassee.com | Tallahassee Democrat

The Associated Press: Iran to OPEC: Stop Oil Sales in Dollars

Iran to OPEC: Stop Oil Sales in Dollars

TEHRAN, Iran (AP) — Iranian President Mahmoud Ahmadinejad is urging OPEC members to form a joint bank and stop pricing oil trades in U.S. dollars.

According to the Iranian government's Web site, Ahmadinejad told OPEC Secretary General Abdalla Salem el-Badri the cartel "should establish a joint bank as well as having joint currency."

Oil is priced in U.S. dollars on the world market, and the currency's depreciation has concerned producers because it has contributed to rising crude prices and eroded the value of their dollar reserves.

Iran has repeatedly urged OPEC members to shift sales away from dollar. But Iran's proposal to trade oil in a basket of currencies is not supported by enough OPEC members, which include staunch U.S. allies such as leading producer Saudi Arabia.



The Associated Press: Iran to OPEC: Stop Oil Sales in Dollars

Lou Dobbs: North American Union Orwellian Brave New World

lou doobs covers the north american trade union and the new currency for canada us and mexico the amero

Pre Market Trading, Gap Indications

Gapping up in reaction to strong earnings/guidance: SNP +1.6%...

M&A news: LIFC +16.8% (to be acquired by Kinetic Concepts for $51.00 per share)...

Select solar stocks continue Friday's momentum higher in pre-market trading: ESLR +8.3% (to double plant's size, add 350 jobs - Boston Globe), AKNS +6.6%, LDK +4.7%, STP +4.0%, CSIQ +3.8%, JASO +3.6%, YGE +3.5%, SPWR +3.0%, FSLR +2.5%...

Select financial stocks showing strength
: WM +15.0% (to get $5 bln - WSJ), BK +3.9%, CS +3.4%, WB +2.1%, MS +2.1%, C +2.0% (seeks $5 bln for infrastructure fund, people say - Bloomberg.com), DB +1.1%...

Select drybulk shipper names showing strength following positive comments on DRYS in Barron's
: DRYS +6.0% (mentioned positively in Barron's), EXM +5.8%, TBSI +4.0%, DSX +3.2%, QMAR +2.8%...

Other news
: GHM +5.5% (makes IBD 100 debut at #1), LMC +4.5% (still checking), BGP +3.7% (finalizes improved financing agreement with Pershing Square; lower rate, increased backstop and reduction in the number of warrants), MOS +3.4% (continued momentum from Friday's 10% surge), LSI +3.1% (Intel and LSI collaborate to redefine RAID deployment on Intel-based server and workstation platforms), ABK +3.0% (announces the creation of a team to address issues in the short term municipal markets), IXYS +2.9% (wins a further ruling against IRF in The Court of Appeals), BHP +2.4% (expects 4-5 years of double-digit oil, gas growth - Bloomberg.com), POT +2.2% (Hearing tgt raised to $225 from $180 at tier 1 firm), NWA +2.2% (Delta and Northwest revive merger talks - Financial Times), MSFT +2.0% (MSFT is evaluating its offer for Yahoo! in light of the worsening market conditions), WWE +2.0% (Cramer makes positive comments on MadMoney), EMKR +1.6% (elects new Chairman and CEO), AKS +1.6% (announces increase in spot market prices for its carbon steel products by $150 per ton for all new orders, effective immediately), PCS +1.6% (pre-releases Q108 subscriber results)...

Analyst upgrades
: UBS +5.9% (upgraded to Buy at Merrill), FMCN +5.4% (added to Alpha List at Piper Jaffray), SSL +4.8% (added to EMEA1 List at Merrill), AAUK +3.6% (upgraded to Buy at tier 1 firm), X +2.7% (upgraded to Overwt at Morgan Stanley), ITT +2.0% (upgraded to Buy from Neutral at Merrill), KLAC +1.9% (upgraded to Buy at Citigroup), AAPL +1.6% (upgraded to Overwt at Weisel), SLB +1.2% (initiated with Buy at UBS).

Gapping up:
WM +19.0%, LIFC +11.2%, LMC +5.5%, UBS +4.9%, SSL +4.8%, LDK +4.4%, CS +3.2%, POT +3.0%, WWE +2.0%, C +2.0%, EMKR +1.6%, PCS +1.6%, MSFT +1.5%, SGP +1.4%, ABK +1.3%, DB +1.1%...

Gapping down: VIGN -18.5%, YHOO -2.4%, AZN -1.9%, AMAT -1.4%.

Wall St. Warrior: Pre-Market

NYSE Arca Morning Update


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
SCSC

$34.50

$28.57

( 17%)

6,450

LIFC

$43.15

$50.37

17%

118,182

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
$91,583,701
YHOO
$12,774,034
AAPL
$11,782,043
QQQQ
$10,569,239
UBS
$6,313,098
LIFC
$5,951,159
WM
$5,544,957
FSLR
$4,185,339
NOK
$3,063,290
DIA
$3,021,294
Stock
Share Volume
SPY
663,783
WM
469,705
YHOO
459,477
QQQQ
228,876
UBS
177,960
CTIC
125,226
LIFC
118,182
ERIC
112,100
F
92,490
NOK
88,600


NYSE Arca Morning Update

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)

LifeCell Corporation
$43.15 $50.36 16.71% 158,765

Evergreen Solar, Inc.
$10.69 $11.63 8.79% 97,496

EMCORE Corporation
$6.78 $7.25 6.93% 37,344

Crocs, Inc.
$18.38 $19.50 6.09% 20,800

DryShips Inc.
$65.67 $69.60 5.98% 19,648

Solarfun Power Holdings Co., Ltd.
$15.47 $16.26 5.11% 67,389

China Sunergy Co., Ltd.
$9.62 $10.09 4.89% 25,380

Hoku Scientific, Inc.
$9.47 $9.85 4.01% 4,450

Canadian Solar Inc.
$25.24 $26.20 3.80% 5,350

Energy Conversion Devices, Inc.
$33.24 $34.50 3.79% 3,730

As of 4/7/2008 8:23:48 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)

ScanSource, Inc.
$34.49 $28.11 18.50% 16,300

Vignette Corporation
$13.27 $11.10 16.35% 18,300

Yahoo! Inc.
$28.36 $27.89 1.66% 601,830

Applied Materials, Inc.
$20.89 $20.80 0.43% 35,296

Encysive Pharmaceuticals Inc
$2.35 $2.34 0.43% 3,673

As of 4/7/2008 8:23:31 AM


Pre-Market Most Active Stocks - NASDAQ Premarket

Pre Market Movers - Futures Trading - Nasdaq - NYSE

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